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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
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
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, 2022The 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, 2022In 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, 2022On 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, 2022Bitcoin 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, 2022Bitfarms 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, 2022A 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, 2022The 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, 2022Impervious, 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