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India will Tax, Not Ban, Cryptocurrencies
India will Tax, Not Ban, Cryptocurrencies
News  -  Bitcoin  -  Feb 02, 2022 by Daniel Kuhman

In a budget speech held on Tuesday, India’s Finance Minister Nirmala Sitharaman announced that they would be implementing a 30% tax on any income from the transfer of virtual digital assets. According to Sitharaman, “There’s been a phenomenal increase in transactions in virtual digital assets. The magnitude and

Fidelity Digital Assets releases ‘Bitcoin First’ report
Fidelity Digital Assets releases ‘Bitcoin First’ report
News  -  Bitcoin  -  Feb 02, 2022 by Daniel Kuhman

On January 31, 2022 Fidelity Digital Assets (FDAS) released a report titled “Bitcoin First,” in which co-authors Chris Kuiper and Jack Neureuter propose that Bitcoin is fundamentally different from other digital assets and that investors should treat it as a monetary good that “no other digital asset is likely to

NYDIG Launches Bitcoin Savings Plans for Companies
NYDIG Launches Bitcoin Savings Plans for Companies

The New York Digital Investment Group (NYDIG) announced that they will be offering a new bitcoin savings program for companies interested in partnering with them. The service will provide bitcoin trading and storage features that will not incur any fees to employees. All bitcoin will be held in NYDIG’s

News  -  Bitcoin  -  Feb 02, 2022
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NYDIG Launches Bitcoin Savings Plans for Companies
NYDIG Launches Bitcoin Savings Plans for Companies

The New York Digital Investment Group (NYDIG) announced that they will be offering a new bitcoin savings program for companies interested in partnering with them. The service will provide bitcoin trading and storage features that will not incur any fees to employees. All bitcoin will be held in NYDIG’s

News  -  Bitcoin  -  Feb 02, 2022
India will Tax, Not Ban, Cryptocurrencies
India will Tax, Not Ban, Cryptocurrencies

In a budget speech held on Tuesday, India’s Finance Minister Nirmala Sitharaman announced that they would be implementing a 30% tax on any income from the transfer of virtual digital assets. According to Sitharaman, “There’s been a phenomenal increase in transactions in virtual digital assets. The magnitude and

News  -  Bitcoin  -  Feb 02, 2022
Fidelity Digital Assets releases ‘Bitcoin First’ report
Fidelity Digital Assets releases ‘Bitcoin First’ report

On January 31, 2022 Fidelity Digital Assets (FDAS) released a report titled “Bitcoin First,” in which co-authors Chris Kuiper and Jack Neureuter propose that Bitcoin is fundamentally different from other digital assets and that investors should treat it as a monetary good that “no other digital asset is likely to

News  -  Bitcoin  -  Feb 02, 2022
January Proves to be a Challenging Month For Bitcoin
January Proves to be a Challenging Month For Bitcoin

Bitcoin has benefited greatly from increased attention and adoption in 2021. It hit multiple all-time highs throughout 2021 before simmering down in December. But the start of the new year hasn’t seen the strong demand of years prior – at least when it comes to current market value. The Bitcoin

News  -  Bitcoin  -  Feb 02, 2022
Bitfarms Reports January Bitcoin Production Numbers
Bitfarms Reports January Bitcoin Production Numbers

Bitfarms Ltd released its bitcoin production numbers for the first month of 2022, highlighting the addition of its new Paraguay location. The establishment of its newest mining facility brings the total number of online farms to seven.  “Bringing our Paraguay farm online marks the start of our commercial operations in

News  -  Bitcoin  -  Feb 02, 2022
Company Owned by Man Dubbed 'Faketoshi' Ordered to Pay Security for Costs in Lawsuit Against Bitcoin Developers
Company Owned by Man Dubbed 'Faketoshi' Ordered to Pay Security for Costs in Lawsuit Against Bitcoin Developers

A European judge has required that Tulip Trading pay security for costs incurred by the defendants in a recent lawsuit. The company, led by self-proclaimed Bitcoin creator, Craig Wright, is leveraging litigation against developers of Bitcoin and its various forks. The lawsuit states that Wright believes the developers should rewrite

News  -  Bitcoin  -  Feb 02, 2022
House Rep. Warren Davidson Bullish on Bitcoin to Enable Private Transactions
House Rep. Warren Davidson Bullish on Bitcoin to Enable Private Transactions

The blog, published on January 26th, is titled “It’s time to preserve our right to transact privately”. Davidson details the Federal Reserve’s annual Diary of Consumer Payment Choice where the Fed reported that consumers used cash for only 19% of transactions in 2020, which was a 7% decrease

News  -  Bitcoin  -  Feb 02, 2022
Impervious Set To Release The ‘Impervious Browser’ During Bitcoin 2022 Conference
Impervious Set To Release The ‘Impervious Browser’ During Bitcoin 2022 Conference

Impervious, the group that released a bundle of APIs last fall built on top of the Bitcoin Lightning Network, announced that they will be publicly releasing the Impervious Browser on April 7th, during the Bitcoin 2022 Conference. According to their newsletter published January 30, 2022, “following an enthusiastic reception of

News  -  Bitcoin  -  Jan 31, 2022
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