South Korea Proposes Law Allowing Direct Seizure and Sale of Crypto Assets to Pay Overdue Taxes – Taxes Bitcoin News
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Burger King Customers in Brazil Can Pay in Dogecoin for ‘Dogpper’ Dog Food
In an interesting marketing move, the Burger King franchise in Brazil is selling the Doggeper burgers for Dogecoin (DOGE). The offer will be available only for a limited period of time.The Burger King franchise at a few locations in Brazil has started accepting Dogecoin (DOGE) payments. However, this is currently
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Digital Yuan Can Now Be Used to Pay for Electricity Bills
The digital Yuan can be touted as the most advanced central bank digital currency (CBDC) yet. After developing the state-backed cryptocurrency for years, China continues to add new sectors where residents can spend their digital money, and the latest seems to be electricity bills. According to Economic Information Daily, a local
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‘Buy now pay later’ firm Zip plans to offer crypto trading in Australia and the US
Australian 'buy now pay later' (BNPL) firm Zip is looking to enter the crypto market by offering trading services to users within the next 12 months. Zip co-founder Peter Gray told Reuters on July 22 that expanding support for crypto trading services and providing a digital wallet was one of
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Coinbase to Become the First Company to Pay WeWork in Cryptocurrency
WeWork has announced it will begin accepting crypto payments The move is in partnership with BitPay and CoinbaseBitPAy will handle the payments with WeWork accepting Bitcoin, Etheruem, USD Coin (USDC) and Paxos (PAX)WeWork will hold the crypto paid for services on its balance sheetCoinbase will become the first company to pay
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Jim Cramer cashes out half his ‘phoney money’ Bitcoin to pay off mortgage
Business TV personality and converted Bitcoin proponent Jim Cramer has sold half of what he calls his “phoney money” Bitcoin portfolio to pay off his mortgage..@jimcramer discloses that he bought a lot of bitcoin when it was around $12K. He says he sold half of it to pay off his
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Coinbase Ordered to Pay $6.5M by the CFTC for Wash Trading
Summary:The CFTC has ordered Coinbase to pay $6.5 million for ‘false, misleading or inaccurate reporting and wash trading’Coinbase is also ordered to cease and desist from any further violations of the Commodity Exchange actThe accusations center on trading activities on Coinbase between January 2015 and September 2018The Commodity Futures Trading
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US-based crypto users likely still have to pay taxes on NFTs, says CNBC
Tax season is almost upon crypto users based in the United States, and even if they plan on keeping their assets digital, nonfungible token — or NFT — buyers might not get off scot-free.According to a CNBC report today, people who use the profits from their crypto holdings to purchase
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BitPay to Pay $500K to Settle OFAC Sanction Violation Charges
Crypto payments platform BitPay has settled with the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on charges of over 2,000 apparent sanctions violations.According to an enforcement notice published on Feb. 18, BitPay will pay $507,375 on allegations it allowed individuals in sanctioned locations like Ukraine’s Crimea region, Cuba,
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Crypto Payment Provider BitPay to Add Apple Pay to Support Retail Purchases
BitPay is joining forces with Apple Pay as more institutions are inclining toward cryptocurrencies, influenced by Tesla’s $1.5B investment in Bitcoin.Atlanta-based crypto payment provider BitPay has taken a step further with cryptocurrency transactions by incorporating Apple Pay into its platform. Now users can add the Mastercard Prepaid service to Apple
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