The Department of Federal Revenue (RFB) of Brazil has just published a new tax code that indicates a fine for any taxpayer who does not declare their Bitcoin or other cryptocurrency transactions. The new cryptocurrency tax code is a follow-up to provisions made by the RFB in August. Those rules…
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99Crypto
European Union Bans Global Stable Coin Projects for Now
The European Union is banning any kind of global stable coin project until the risks to monetary sovereignty have been addressed. In a statement issued by the Council of the European Union and the European Commission, the authorities admitted that stable coins could be effective at delivering fast and low-cost…
Silk Road Is a Prime Example of an Illegal Marketplace
Tim Draper, a prominent venture capital investor and strong supporter of digital currencies, would like to see Ross Ulbricht released from his life imprisonment. During a recent interview with a podcast that covers the cryptocurrency markets, Draper explained his feelings about the founder of the Silk Road underground marketplace, whom…
Background And Other Basic Information About Bitcoin
Cryptography is the use of creating and solving puzzles. The most common use of cryptography in today's world is the encryption of various digital transmissions' contents so that outsiders are unable - at the very least, they find it difficult to do so - to intercept text…
Recent News About Chris Giancarlo And His New Position
Chris Giancarlo, who is the former chairman of the United States Commodity Futures Trading Commission, was just hired as the senior counsel at the Willkie, Farr & Gallagher law firm. The law firm is based in New York City. The law firm aims to digitize the United States dollar and…
Three Indicators Suggest a Positive Turn for Bitcoin Values Soon
The Bitcoin price action seems bearish to a lot of analysts. However, there are a few bullish indicators that suggest a recovery is in the near future. Since early November, the daily charts have been bearish. Bitcoin failed to break through the $9,500 price point. Its value dropped to…