In our “Bitcoin” section, we cover the latest news, developments, and trends related to the world’s first cryptocurrency. Here you will find information about the Bitcoin network, mining, market movements, and the factors influencing the BTC price. Read the “Bitcoin” section on ForkNews to stay updated on everything happening in the Bitcoin ecosystem.
The third bill on regulation of the cryptocurrency market has already been submitted to the Verkhovna Rada. Head of the Committee on Tax and Customs Policy of the Verkhovna Rada of Ukraine Nina Yuzhanina noted that the document offers simplified taxation for transactions with cryptocurrencies
The Israel Tax Authority has published a document that clarifies the status of digital currencies. According to the tax service, Bitcoin should not be equated to a currency or any type of currency. Tax officials believe that Bitcoin and other digital currencies should be treated as goods.
By the summer of 2018, the government and the Central Bank will have to develop a procedure for taxation and registration of companies engaged in cryptocurrency mining. This order was given by President Vladimir Putin
The State Bank of Vietnam (SBV) finalized the legal framework for cryptocurrencies in the country following the orders of Vietnamese Prime Minister Nguyen Xuan Phuc earlier this year.
Two of the largest US exchanges have announced their intentions to trade Bitcoin, drawing regulators into a new ecosystem that many skeptics call a “hoax and a scam.”
This Thursday, the largest online gaming platform, Steam, announced that it will not accept cryptocurrencies as payment for its services. Steam first began accepting payments in Bitcoin in mid-2016, after several years of discussions about the possibility of introducing such a service. The reason for the abandonment of cryptocurrency was not only the volatility of Bitcoin, but also high commissions in the system, which increased almost 10 times compared to last year.
Bitfury Vice President George Kikvadze is confident that it is time for Tesla to start accepting Bitcoin as payment for cars. Using Twitter, he reached out to Elon Musk.
Odessa shipping company Varamar is negotiating the first Bitcoin payment with a client, says the founder of the company, Alexandra Varvarenko. Bitcoin will make it easier to work with clients in countries affected by sanctions and will reduce the bureaucracy associated with traditional bank payments, the entrepreneur explained.
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