Day: March 4, 2020

Ukraine Mandates Citizens to Declare Bitcoin (BTC) Holdings for Tax Purposes

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In a bid to regulate its cryptocurrency space, Ukraine‘s National Agency for Prevention of Corruption (NAPC) has defined clear rules for declaring cryptocurrencies as intangible assets. As such, taxpayers in the country have been mandated to report their crypto holdings following these guidelines, according to a Forklog report on March 3, 2020. NAPC Defines Rules to Guide Crypto Declaration Per the report, Ukraine’s National Agency for Prevention of Corruption (NAPC) has outlined clear rules guiding the declaration of cryptocurrencies as a type of intangible asset in the country. Reportedly, the…

Argentinean Lawmaker Wants to See a State-Backed Crypto

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Josefina Canale, Argentina’s lawmaker, has declared through her personal Twitter account that she is in favor of creating an exclusive cryptocurrency for the city of Mendoza, which would be backed and monitored by the local government. The lawmaker adds that she has been studying the subject to propose it in legislative discussions, also suggesting that a digital token could be useful for paying taxes. One of the motivations is that this currency could help insulate Mendoza from the current national macroeconomic situation — Argentina’s peso is in dire straits. Mixed…

Chainlink Partners with Chilliz to Automatically Mint Tokens for Teams Like FC Barcelona

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Ethereum-based sports tokenization platform Chilliz (CHZ) has partnered with blockchain platform Chainlink to allow for real-time non-fungible token (NFT) creation. According to a Mar. 4 announcement from Chilliz, the platform plans to leverage Chainlink’s capacity to trigger the execution of smart contracts based on real-world data and events. This feature will allow the minting of NFTs for partners in real-time, based on data securely provided by Chainlink’s network. This integration will allow Chilliz to create NFTs that react to the real world and mint limited edition collectibles to commemorate real-time…

Germany’s Coronavirus ‘Pandemic’ Warning Ramps Up Pressure on WHO

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Germany’s health minister said that coronavirus had become a “worldwide pandemic.” The World Health Organization is still refusing to refer to the virus using that term. But the WHO’s admission that the death rate is higher than first believed shows the urgency of taking things more seriously. The coronavirus outbreak has become a “worldwide pandemic.” So says Germany’s health minister, Jens Spahn. Spahn broke ranks with the World Health Organization and officially used the dreaded word “pandemic.” He warned that the coronavirus had “not yet reached its peak in Germany,”…

Germany’s Coronavirus ‘Pandemic’ Warning Ramps Up Pressure on WHO

boss

Germany’s health minister said that coronavirus had become a “worldwide pandemic.” The World Health Organization is still refusing to refer to the virus using that term. But the WHO’s admission that the death rate is higher than first believed shows the urgency of taking things more seriously. The coronavirus outbreak has become a “worldwide pandemic.” So says Germany’s health minister, Jens Spahn. Spahn broke ranks with the World Health Organization and officially used the dreaded word “pandemic.” He warned that the coronavirus had “not yet reached its peak in Germany,”…

Coronavirus Rate Cuts: Australia’s Central Bank Did It First

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Hours before the U.S. Federal Reserve, the Reserve Bank of Australia (RBA) also cut interest rates in hopes of curbing market reaction to the ongoing coronavirus outbreak. In a meeting held on March 3, the RBA announced it would be cutting the cash rate by 25 basis points (bps) to 0.50 percent, its lowest on record, according to recent figures. Several hours later, the U.S. Federal Reserve also took action to cut interest rates by half a percentage point, between 1 and 1.25 percent, in its first emergency measure since…

Coronavirus Rate Cuts: Australia’s Central Bank Did It First

boss

Hours before the U.S. Federal Reserve, the Reserve Bank of Australia (RBA) also cut interest rates in hopes of curbing market reaction to the ongoing coronavirus outbreak. In a meeting held on March 3, the RBA announced it would be cutting the cash rate by 25 basis points (bps) to 0.50 percent, its lowest on record, according to recent figures. Several hours later, the U.S. Federal Reserve also took action to cut interest rates by half a percentage point, between 1 and 1.25 percent, in its first emergency measure since…

Meghan Markle Is a Preposterous Mascot for International Women’s Day

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International Women’s Day is fast approaching. This day (March 8th) celebrates the political, cultural, social, and economic achievements of women all over the world. Five thousand Brits were asked who they believe is the most inspirational woman, with Meghan Markle coming out on top. If Meghan Markle is an inspirational figure for young women, what exactly are they aspiring to be? As International Women’s Day rolls around every March, I take time to honor the women who have been inspirational to me. Meghan Markle is never on that list. Why would…

Bitcoin Lawsuit: Lawyers Accuse Craig Wright of Forgery, Can’t Locate Former Nchain CEO

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The Kleiman v. Wright lawsuit in Florida continues to unravel as the plaintiff’s law firm has accused Craig Wright of forging documents that allegedly stemmed from the mysterious bonded courier. Kleiman’s attorney has scheduled a few more depositions with people like Wright’s wife and London Books author Andrew O’Hagan. Kleiman’s legal team also wants to depose former Nchain CEO Jimmy Nguyen but claim they haven’t been able to summons him. Also Read: This Is How Much BTC You Need to Enter Bitcoin’s Elite 1% Club Kleiman’s Lawyer Claims Wright’s List…

YouTuber Sentenced to 50 Years for Kidnapping and Bitcoin Ransom

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25-year-old Mexican YouTuber Germán Abraham Loera Acosta has been sentenced to 50 years in prison for masterminding a woman’s kidnapping in February 2018 in Chihuahua, Mexico. Acosta is one of six men convicted for the kidnapping. The group demanded $100,000 in Bitcoin (BTC) in exchange for the release of 33-year-old lawyer Tania Denisse. Jassiel Omar Molina Ceballos, Jesús Adrián Mendoza Pérez, Edgar René Subías Rubalcaba, Jesús Arnulfo Ochoa Martínez and Juan Alfonso Puerta Holguín were sentenced alongside Acosta. Digital footprint used to trace kidnappers Acosta rented a house that was…