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crypto

Changes Afoot for Philippine Crypto-Friendly Economic Zone

<header class=”article__header”> </header> <strong>The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also issued new directives to all of its licensees, …

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Taxation Isn’t Just Theft – It’s Bad for Crypto Adoption

</header> <strong>Crypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream</strong><strong> media, and even professional sports teams now discussing and flouting digital assets. AT&T now allows customers to pay their phone bills in bitcoin, Japanese SMS giant Line is adding an FSA-approved crypto exchange to its hugely popular chat …

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10 Tax Tools to Help Crypto Owners

<header class=”article__header”> </header> <strong>While tax laws on cryptocurrency vary by jurisdiction, there are many useful tools to help you calculate crypto taxes, lower your tax liabilities, and simplify your filing — no matter where you are. Many of them work globally, supporting tax forms of multiple countries, and can import data directly from all major …

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Indian Parliament Member Helping Crypto Community Influence Regulation

<header class=”article__header”> </header> <strong>The Indian crypto community has made progress towards influencing the government’s crypto policies. Some industry leaders have met with an influential lawmaker who has agreed to help bring about positive crypto regulation in the country.</strong> Also read: India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost Parliament Member …

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European Countries Step Up Response to Facebook’s Libra

<header class=”article__header”> </header> <strong>The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments. As Facebook engages Switzerland’s financial regulator, the ECB clarifies how Libra can be regulated under EU laws.</strong> Also read: …

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Nature Abhors a Vacuum: Why Trump’s Proposed Negative Rates Bode Well for Bitcoin

</header> <strong>In a recent tweet, U.S. president Donald Trump delved into an explosive, all-caps-loaded mini-rant about the necessity of getting “interest rates down to ZERO, or less.” The bombastic politician stressed the need for America to refinance its debt, trailing off with some superficially conservative speak about the U.S. and its “great currency, power, and …

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Crypto Facilitates Money Transfer for Restricted China

</header> <strong>Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in the midst of political unrest mean that transferring money …

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Big Banks Won’t Touch Crypto Clients – But These Smaller Banks Will

</header> <strong>Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant to get their feet wet. Smaller banks, however, are more willing to occupy …

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Crypto’s Forgotten Altcoins Re-Emerge: A Look at What’s Happening

</header> <strong>During the crypto bull market of 2017, everybody was happy. It wasn’t just the <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> maximalists, <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> enthusiasts, or proponents of <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/ETH” target=”_blank” rel=”noopener noreferrer”>ETH</a>. Privacy coins like monero were doing great, and even charity-supporting “comic relief” coins like doge were riding …

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