With a steep 72% fall in 2018, Bitcoin had a dreadful year. A huge chunk of traders, as well as investors, sold their coins for a loss. However, although it isn’t something that can get back their investments, losses of bitcoin are tax deductible....
Cryptocurrency has slowly moved into the center stage for all kinds of transactions. Bitcoin is the primary digital currency that is fast catching up with “real currency.” Now that many retailers have started accepting cryptocurrencies and even employees being paid through Bitcoin, it is...
EWN, earlier today, gave a report on several developments made by some countries which includes Japan, to impose harsh regulations in order to catch “cryptocurrency tax evaders.” However, this idea of vilifying this group of investors, most especially in the broader context of the...
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