The Nation of Georgia Just Eliminated VAT on Cryptocurrency Trading

On July 13, it was reported that the Caucasian Republic of Georgia had exempted the imposition of value-added taxes (VAT) on digital currency trading. Nodar Khaduri, who is the finance minister of Georgia, not long ago signed the legislation, which covers the taxation of companies and individuals in the country…

Read More

Here's What You Should Know About the Veil Market Closure

On July 11, it was announced that Veil, which is a prediction market that runs on the Ethereum network, was ceasing its operations. The company made the announcement in a blog post on Medium. Starting on July 11, it was no longer possible to add new markets to Veil, and…

Read More

Digital Coins See Values Drop as Gold Prices See Rise

On July 10, most digital currencies experienced a sharp decline in prices. This came after Bitcoin briefly surpassed the $13,000 mark. At the moment, Bitcoin is trading at a little more than $12,000, after falling more 3.5% for the day. Still, for the week the world'…

Read More

Bitcoin Sees Value Drop on the Short Term Market Fluctuation

The cryptocurrency market has seen bouts of explosive growth over the past few weeks. However, each episode of growth has ended in a pullback as well. Investors have pulled the market out of the basement with solid overall growth, though. Such growth isn't being driven by any particular…

Read More