Spain’s Tax Authority Sending Notices to 66,000 Cryptocurrency Owners

The Spanish tax authority has reportedly started sending notices to about 66,000 cryptocurrency owners in the country. This number represents a massive increase from the 14,700 tax letters the agency sent to crypto owners last year. The letters will continue to be sent until the end of June despite the coronavirus crisis Spain is facing. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It Tax Authority Sending Letters to Crypto Owners Despite the coronavirus pandemic and rising death toll, the Spanish tax authority, the…

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Cryptocurrency Now Accepted at Arkansas Jewelry Retailer

Diamond Gems Jewelry, in Jonesboro, AR has launched a new E-Commerce website accepting multiple forms of Cryptocurrency including Bitcoin, Bitcoin Cash, Dai, Ethereum, Litecoin, USD Coin and you can even pay using your Coinbase account. • *11% of the American population owns the major cryptocurrency bitcoin (BTC), according to a new survey. • Traditional credit and debit payments will also be accepted. • Over 300,000 pieces of fine jewelry will be available for purchase along with unique pre-loved pieces as well. In 2013, Larry Payton, a cryptocurrency & gold enthusiast,…

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Mobikwik to Offer 100 Million Indian Users Direct Cryptocurrency Trading Via Buyucoin Integration

Mobile payment platform Mobikwik, which has about 107 million users in India, has partnered with Delhi-based cryptocurrency exchange Buyucoin. News.Bitcoin.com talked to the CEO of the crypto exchange to find out how Mobilkwik users can soon buy and sell cryptocurrencies within the Mobikwik app. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It Mobikwik’s Integration With Buyucoin Delhi-based cryptocurrency exchange Buyucoin has partnered with Mobikwik, a leading digital financial services platform in India. Mobikwik claims to have a network of over 3 million direct…

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Coronavirus Fuels P2P Connectivity: Crypto-Driven Meshnet Gives Rural Towns Internet

While the coronavirus wreaks havoc on the economy across the U.S., a number of the 1,737 residents from Clatskanie, Oregon can’t obtain an internet service provider (ISP). The situation has motivated the town to adopt a decentralized meshnet ISP called Althea and the network’s users are paid in cryptocurrency for relaying. Also read: Film Reels and Steel: Github Plans to Archive Bitcoin Code for 1,000 Years Oregon Residents Connect to Decentralized Internet Service Powered by Crypto The recent events unfolding worldwide has made people aware that the internet is a…

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Major Swedish Bank Fined $386 Million for Hiding Money-Laundering Evidence

Sweden’s Financial Supervisory Authority (FSA), ’Finansinspektionen’, has fined Swedbank a record sum of 4 billion Swedish krona ($386M) for breaching anti-money laundering regulations on a large scale. Around $5.8 billion had been funneled between suspected accounts in Swedbank and Danske Bank in the Baltics, the latter already fined large amounts for previous money-laundering activities. Also read: Bitcoin Mining Roundup: BTC Regains 100 Exahash, Miners Close Shop, Pre-Halving Shake-Up Swedbank Kept Separate Books To Help With Money-Laundering After Swedish public service television SVT had looked closer at Swedbank’s operations in Estonia,…

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Film Reels and Steel: Github Plans to Archive Bitcoin Code for 1,000 Years

The Microsoft subsidiary, Github recently revealed the “Archive Program,” an initiative that aims to preserve open source technologies for 1,000 years. The newly launched effort plans to store snapshots of open source technology 250 meters underground on the Norwegian island of Svalbard. The source code management and collaboration platform also plans to store the Bitcoin Core software. Archivists will etch the blockchain network’s code on film reels and encase the project in a steel capsule. Also read: US Mortgage Industry Could Collapse as Housing Crisis Looms, Experts Say Bitcoin Codebase…

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The Many Facts Pointing to Wei Dai Being Satoshi

Satoshi Nakamoto has been an enigma for well over a decade and there’s been a number of suspects and self-styled Bitcoin inventors. One particular suspect is the computer engineer Wei Dai, the creator of the b-money system and the Crypto++ cryptographic library. Since the Bitcoin network was launched in 2009, a number of people have had suspicions that Wei Dai could have played the role of Nakamoto. Also Read: The Many Facts Pointing to Ian Grigg Being Satoshi Wei Dai and Satoshi Nakamoto We don’t know who is behind the…

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Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This Scam

A cryptocurrency investment scheme called Bitcoin Revolution has recently garnered interest worldwide with its claim that investors could easily earn over $1,000 a day. They could even become millionaires within 61 days using the Bitcoin Revolution app. However, this is a scam and it recently ran into trouble with the Securities and Exchange Commission of the Philippines. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It Bitcoin Revolution Scam Promises $1,000+ a Day The Bitcoin Revolution investment scheme has been around for quite some…

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Indian State Ministry Discusses Cryptocurrency Plans With Founders of Crypto Bulls Roadshow

An Indian state official recently met with the founders of the “India Crypto Bulls” initiative and discussed cryptocurrency development, investment, and innovation in India. News.Bitcoin.com talked to Kumar Gaurav, one of the founders, to find out more about the meeting. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It India Crypto Bulls Founders Meet Rajasthan Official Amin Pathan, chairman of the Dargah Committee in Ajmer, under the government of India’s Ministry of Minority Affairs, recently met with the founders of the India Crypto Bulls…

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Financial Bazookas Revealed – Market Strategists Believe the Fed Will Purchase Stocks Soon

Bitcoin and cryptocurrencies may be the only free-market assets left not manipulated by central banks like the U.S. Federal Reserve. Since the covid-19 outbreak, the Fed has unleashed a massive arsenal of monetary weapons to combat the effects on the economy. After the significant rate cuts, quantitative easing (QE), and buying mortgage-backed securities, analysts believe the Fed could start purchasing stocks in order to quell the economy. Also read: US Mortgage Industry Could Collapse as Housing Crisis Looms, Experts Say The Fed Is Deploying More Than Just a Monetary Policy…

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