“Who would have ever thought that Bitcoin mining would be a cat and mouse game of trying to outwit and deceive government and police task forces? Then again who would’ve thought that Bitcoin mining would be so lucrative to where families are living off the Bitcoin ecosystem.”
“On both English and Japanese social media, Coincheck promised users it would provide full details in due course, while in the meantime apologizing for the abrupt cut to services. Notably, Coincheck is not registered with Japan’s Financial Services Authority – a regulator responsible for overseeing exchanges in the country – unlike several other prominent cryptocurrency exchanges, such as bitFlyer and Quoine.”
“‘The blockchain is real,’ Dimon added in the interview. ‘You can have cryptodollars in yen and stuff like that. ICOs … you got to look at every one individually. The bitcoin was always to me what the governments are going to feel about bitcoin when it gets really big. And I just have a different opinion than other people.'”
Read more: https://www.cnbc.com/2018/01/09/jamie-dimon-says-he-regrets-calling-bitcoin-a-fraud.html
“In 2014, he released the album Animal Ambition and became the first artist to accept Bitcoin as payment. The rapper received more than 700 Bitcoins under the deal, but then forgot about the cryptocurrency, according to celebrity news site TMZ.”
Read more: http://www.bbc.com/news/business-42820246
“Australia’s biggest gold refiner, the Perth Mint, is developing its own cryptocurrency backed by physical precious metals. The ambitious plan, which is subject to a confidentiality agreement, will make it easier for consumers to buy gold.”
“Several major Indian banks have suspended the accounts of top Bitcoin exchanges in India. State Bank of India, Axis Bank, HDFC Bank, ICICI Bank, and Yes Bank cited suspicious payments in their decisions. The move comes after tax authorities sent notices to cryptocurrency investors warning that they must pay capital gains on their income from the virtual currency. For the few accounts still open, the banks have asked for more collateral, and have capped cash withdrawals.”
Read more: https://dowbit.com/indian-banks-freeze-major-cryptocurrency-exchange-accounts/
“Yes, the blockchain is truly revolutionary. Yes, bitcoin is Tulipmania 2.0. Yes, cryptocurrency is a nail in the coffin of the bankster parasites. Yes, digital currency is a tool of the totalitarian tyrants. No, these statements are not contradictory. But don’t worry if you think they are. You’re just a victim of ‘The Bitcoin Psyop.'”
“South Korean cryptocurrency exchanges will this year need to pay 22% corporate and 2.2% local income taxes on last year’s earnings by the end of March and April respectively, if they had an annual income of over 20 billion won ($18.8 million) during 2016. On Sunday, Yonhap quoted another official as saying cryptocurrency exchanges would soon be required to share users’ transaction data with banks—another move that would help the authorities collect tax. South Korea’s ongoing cryptocurrency crackdown has been one of the prime causes of bitcoin’s recent volatility. Last month, the government instituted real-name policies for virtual-currency traders and banned investors from opening new accounts.”
Read more: http://fortune.com/2018/01/22/south-korea-bitcoin-exchange-tax/
“The president of Belarus, Alexander Lukashenko, has signed a decree which legalizes cryptocurrencies, initial coin offerings (ICOs), and smart contracts. All crypto transactions and related income, including from mining, will be tax-free for the next five years. The decree creates unprecedented conditions for residents of the Belarusian High-Tech Park (HTP). Legal entities in HTP can attract investments by issuing their own ICO tokens as well as buying and selling them through crypto exchanges.”
Read more: https://news.bitcoin.com/belarus-legalizes-cryptocurrencies-icos-tax-free/
“Israel is considering offering a national cryptocurrency– a digital shekel – which would correspond in value to physical shekels. Additionally, the government is considering legislation that would substantially reduce the amount of physical cash in the economy. For example, one suggestion would be a law against paying wages in cash.”
Read more: https://cointelegraph.com/news/israel-government-considering-national-cryptocurrency