Spain’s Finance Ministry to Inspect 15,000 Crypto-holding Taxpayers to Prevent Tax Fraud

Spain’s Finance Ministry to Inspect 15,000 Crypto-holding Taxpayers to Prevent Tax Fraud The Spanish Ministry of Finance (Hacienda) will oversee 15,000 taxpayers who have made transactions with cryptocurrencies in the last year, El País, the largest Spanish-language newspaper, reports Nov. 19. Under the auspices of Hacienda, Spain’s tax agency, the Agencia Estatal de Administración Tributaria (AEAT), underlined that it will…

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Greek Supreme Court is Violating Alleged Bitcoin Launderer’s Rights, Lawyer Argues

Greek Supreme Court is Violating Alleged Bitcoin Launderer’s Rights, Lawyer Argues The lawyer representing the alleged former operator of now-defunct crypto exchange BTC-e, Alexander Vinnik, has accused the Greek Supreme Court of “grossly violating” his rights, major Russian state-owned news agency TASS reported Nov. 19.39-year old Russian national Vinnik, a.k.a “Mr. Bitcoin,” was indicted by U.S.authorities and detained in Greece on July 25, 2017 on criminal charges…

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Russian ICO That Impersonated Bank Hit With Cease-and-Desist

Russian ICO That Impersonated Bank Hit With Cease-and-Desist North Dakota’s securities watchdog has issued a cease-and-desist order against a Russia-based initial coin offering (ICO) that appeared to impersonate Liechtenstein-based Union Bank AG to promote “unregistered and potentially fraudulent securities.” On Monday, Karen Tyler, commissioner of the North Dakota Securities Department, said that the website of the supposed ICO…

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ICO and IBO: How One Letter Can Change the Process

ICO and IBO: How One Letter Can Change the Process   Collective investment as a fundraising campaign first appeared back in 1997, when fans organized a fundraiser in support of the music band Marillion. In just a decade, crowdfunding as a form of attracting funds gained huge popularity, and today, individuals can invest their own…

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BitMax.io’s Innovative Token Economics Maximize Platform Liquidity & Trader Utility

BitMax.io’s Innovative Token Economics Maximize Platform Liquidity & Trader Utility   BitMax.io (BTMX.io) is the global operator of an innovative digital asset trading platform with a broad range of products and services for global retail and institutional clients. With its relentless focus on transparency, reliability and quality of execution and client services, BitMax.io has clearly…

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Bitfinex Activity, Tether-BTC Price Relation Under Scrutiny from US DoJ, Sources Claim

Bitfinex Activity, Tether-BTC Price Relation Under Scrutiny from US DoJ, Sources Claim The U.S. Department of Justice (DoJ) has focused its investigation crypto market manipulation on whether or not Tether (USDT) was used to artificially inflate Bitcoin (BTC) prices during last year’s momentous rally, Bloomberg reports Nov. 20. Bloomberg cites three unnamed sources “familiar with the matter” who allege that the DoJ has “honed…

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Autodesk CEO: Blockchain Can Stem Corruption in Construction Industry

Autodesk CEO: Blockchain Can Stem Corruption in Construction Industry American software corporation Autodesk CEO Andrew Anagnost said that blockchain could fight corruption in the construction industry, finance and investment news outlet the Australian Financial Review reported Nov. 19. Founded in 1982, Autodesk manufactures software for the construction, architecture, media, and entertainment industries. In 2018, the company’s revenue was $2.06 billion.…

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Catalan Government Considers Blockchain for Public E-Voting System

Catalan Government Considers Blockchain for Public E-Voting System The head of the Catalan government‘s citizen participation council states that the authority is considering blockchain for the community’s voting system, Spanishdaily newspaper La Vanguardia reports Monday, Nov. 19. Earlier in October, the Generalitat of Catalonia approved a preliminary bill to establish an e-voting system for residents abroad in major elections and other voting processes in the…

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A Crypto Apocalypse Wipes Out Over $20 Billion in 24 Hours

A Crypto Apocalypse Wipes Out Over $20 Billion in 24 Hours Almost $20 billion has been lost in 24 hours; Bitcoin Cash is dying, its Big Brother not far behind. Yesterday’s crypto free-fall has continued unabated sending all cryptocurrencies to their lowest levels for well over a year. Total market capitalization is back to August 2017 levels…

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