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cryptocurrency
France has more than halved its cryptocurrency income tax rate on capital gains, incentivizing citizens to invest and even take some profits in the market. The French Council of State has decided to change the classification of cryptocurrency capital gains, thereby lowering the tax rate from as high as 45% to a flat rate of 19%, a French...
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Yahoo Japan is preparing to launch a cryptocurrency exchange, regional media sources say. Nikkei Asian Review reported on Friday that the tech firm — originally a joint venture between Altaba (formerly Yahoo!) and Softbank — will begin an acquisition of BitARG Exchange Tokyo in April and will spend the next year using BitARG’s technology to build a...
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The American Bar Association (ABA) Section of Taxation has formally asked the US Internal Revenue Service (IRS) to create a safe harbor for investment gains realized from cryptocurrency hard forks. In the letter, which was drafted by Section Chair Karen Hawkins, the ABA noted that several major developments have occurred in the cryptoasset space since 2014...
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The cryptocurrency market has returned over 900% since the beginning of 2017 (at the time of writing this). You cannot find these kinds of return on investments in the stock market or anywhere. If you had made an investment of $500 in January, you would have made $5000 in less than a year (!). This...
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  After the emergence of the Bitcoin Trading as the first decentralized cryptocurrency back in 2009, there were quite a lot of reasons that barred people from investing in cryptocurrency. These reasons include the inability of people to comprehend the blockchain technology, uncertain about its usage and the fear of it being a scam, and losing...
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“We can be blind to the obvious, and we are also blind to our blindness.” — Daniel Kahneman from his book, Thinking Fast and Slow Whether you are a new cryptocurrency investor or a self-declared “crypto-expert,” your decisions on which cryptocurrency to purchase require you to make estimates on the future. However, with whitepapers, “expert” opinions and ratings, increased...
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Ever since the world of cryptocurrency emerged 8 years ago, the almighty Bitcoin has taken the center stage. Even the little baby born at the inception of this writing knows quite much about the prowess of the Bitcoin compared to other forms of cryptocurrencies. That sounds quite humorous though, but the truth is not far-fetched...
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There is no doubt about the fact that the Bitcoin is at the center stage of cryptocurrency. Since the inception of cryptocurrency eight years ago, you will agree with me that the word Bitcoin rings more in an average man’s ear than the word cryptocurrency.  This then led me to the question, How about an...
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Buying bitcoins in Nigeria is a tough process. Buying bitcoins with credit/debit cards is frustratingly tough. However, due to the human nature of continually searching for solutions to any and all problems, a number of companies have developed ways to make Bitcoin buying with credit/debit an easy and instant process. Indeed they have simplified buying...
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Bitcoin buying in Nigeria can be frustrating at times. This is a proven fact especially when you use those bitcoin exchange platforms with so many rules, they almost choke you. One of the most annoying aspects of buying bitcoins in Nigeria is the almost constant requirement of identifications and verifications. You can’t afford to make...
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