Category: Bitcoin

Japanese Government Discusses A Simplified Cryptocurrency Tax Filing Procedure

The government of Japan, through its Tax Commission is considering ways of simplifying the current tax filing system for cryptocurrencies as reported by local publication Sankei. The exercise is expected to enable investors to accurately report their gains in their cryptocurrency ventures. The new system will be designed to standardize the filing process and introduce…

Bitcoin

Bitcoin Will Not Cross $9,000 in 2018, says Former Hedge Fund Manager, Michael Novogratz

The enthusiasm around the short term exploits of the world’s largest cryptocurrency seems to be fading. Former Fortress hedge-fund manager Michael Novogratz has trimmed down on his previous forecast, Novogratz is now certain that Bitcoin will not cross the $9,000 mark in 2018. The last few months has seen bitcoin spend the longest time trading…

Bitcoin

Bitcoin is Gaining Popularity in Countries with Failing Currencies

Despite the fact that bitcoin has generally struggled this year, records show that the trading of the cryptocurrency has surged in many parts of the world. An in-depth analysis reveals that countries that are presently experiencing hyperinflation are recording the highest percentage of bitcoin adoption. The citizens of the aforementioned nations are found to have…

Bitcoin

Simply Efficient in Talks With Bitwage Over Paying Workers in Digital Currency

Human Capital Management outsourcing firm, Simply Efficient is in advanced talks with Bitwage, a payroll & invoicing solution built on top of the bitcoin blockchain to offer digital currency as a payroll option to its clients. The service is expected to offer innovative and cutting edge beneﬁts to employers which are sought after primarily…

Bitcoin

Kenya Restaurant Betty’s Place Accepts Bitcoin And Dash Payment

Betty’s Place, a Restaurant based in Nyeri, 151 Kilometres out of Kenya’s national capital of Nairobi has started accepting Bitcoin and Dash as a means of payment. In an exclusive interview with Cryptodolfin on Friday, Beatrice Wanjiru Wambuju, Owner and Manager of the restaurant revealed what motivated her to accept the world’s most widely-known cryptocurrency…

Bitcoin