Cryptocurrency Analysis and News Portal
The Global Currency Organization (GCO) announced earlier this month that a US Dollar backed stablecoin, USD Digital (USDD), will be released soon. The US Dollars that back the digital currency are mainly stored in deposit-insurance accounts.The Global Currency Organization was started by former employees of TrustToken, Intel and JPMorgan. Since
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Former U.S. National Security Agency (NSA) subcontractor Edward Snowden is being sued by the Department of Justice (DoJ) for his latest memoir. The agency won’t stop Metropolitan Books from publishing
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The Canada Revenue Agency (CRA), the country’s tax authority, is auditing the corporate tax returns filed by QuadrigaCX, the now-defunct Canadian cryptocurrency exchange. CRA’s request for documents and information is significantAccording to an article by the Globe and Mail on Sept. 16, QuadrigaCX is now being audited by the CRA
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Last week, the United States Internal Revenue Service sent another round of letters to crypto traders called CP2000. These notices were sent to traders of some crypto exchanges due to inconsistencies found in their tax reports.Using the information provided by third-party systems — such as crypto exchanges and payment
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