Cryptocurrency Analysis and News Portal
[sociallocker id="55298"] Japan’s finance minister Taro Aso says he is opposed to reducing tax on bitcoin income to 20%, on par with stock dividends, arguing that most Japanese households find it difficult to invest in digital assets.The development suggests that Japan will uphold its current definition of cryptocurrency as
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[sociallocker id="55298"] Chinese authorities have released a master plan for turning southern island province Hainan into a free trade port, Xinhua news reports on June 1. A trade port system will focus on facilitating free trade, investment and cross-border capital flows in the whole island.Government institutions reformThe master plan encourages
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The Donald Trump administration is planning to omit key economic projections from its budget review. The lack of transparency suggests Trump has something to hide. The projections likely exist- why not share them? Donald Trump is refusing to be fact-checked once again. This time it’s Americans, not Twitter, looking
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Human Resource and Payroll service Bitwage launches Bitcoin 401(k). The new product is set to help employers meet the PPP requirements. It was rolled out in partnership with Gemini, Kingdom Trust and Leading Retirement Solutions.Bitwage, a U.S.-based payroll and HR support service company has rolled out a new offering called
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Cryptocurrency payroll service Bitwage has announced the launch of a Bitcoin 401 (k) plan, allowing companies to give their employees a BTC-based retirement plan.In a press statement, Bitwage, which claims to have tested the product on its own employees for 10 months, said workers now have the ability to
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Employers struggling to meet the conditions set by the U.S. government’s loan program may find salvation in an unlikely place: a new bitcoin 401(k) plan from Bitwage. Calling the product a world first, the crypto payroll company said Tuesday it had successfully trialed its bitcoin 401(k) employee pension account and would
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PlayStation Productions is Sony’s film arm geared around adapting PlayStation IPs. The new studio is apparently working on several high-profile adaptations in a deal with HBO, according to a leaker. This new deal could really kick-start the new age of video game adaptations. Sony is really pushing their IPs
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Earlier this month, pioneering decentralized finance (DeFi) lending application Celsius surpassed 50,000 in total Bitcoin (BTC) deposited to the platform.In an interview with Cryptox, Celsius founder and VoIP pioneer, Alex Mashinsky, discussed the milestone, articulating that it was never his plan to cater to ‘the one percent’ of society.Despite 50k
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The Portuguese government plans to create “Technological Free Zones” (Zonas Livres Tecnológicas) with tailored regulatory regimes that encourage innovation and experimentation.Unveiled on April 21 as part of the country’s ambitious digital transition action plan, the country’s Council of Ministers pledged that the new zones will be adapted so as to
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American financial technology firms are now able to help Main Street businesses affected by the COVID-19 crisis via a federal relief plan, but cryptocurrency-native companies apparently don’t fit the bill.Last week, the United States Small Business Administration released an application form for nonbanks to sign on as lenders under
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