It is inevitable that some jurisdictions will accommodate blockchains and their effects in a more efficient and attractive manner than others and this competition can facilitate blockchain development, Anastasios
A leading Ukrainian MP has put forward a private member’s bill that – if passed – could allow tax-free cryptocurrency trading in the country with population of 42 millions until the end of 2029.
Yuriy Derevyanko, one of the leaders of minority party RNS, told a parliamentary committee that existing proposals for taxes on cryptocurrency trading earnings were “repressive,” and could force skilled IT professionals out of the country.
Local government authorities in Australia have given their blessing to a deal that will see cryptocurrency exchange giant Binance invest USD 2.5 million into an Australian crypto startup – potentially opening the door for crypto pay options for travelers at international airports.
Binance has struck a deal with TravelbyBit, a Queensland-based company that provides blockchain technology-powered payments solutions for travel industry companies.
Cryptocurrency and taxes: What you need to know
IBM's blockchain division is widening its work in the nascent field of "self-sovereign identity" – technology designed to give individuals greater control over their personal data.
Announced today, the tech giant is working with Hu-manity.co, whose #My31 app just became available on iOS and Android mobile devices. The app's name alludes to the idea that legal ownership of one's data should be a "31st human right" in addition to the 30 already ratified by the United Nations.
Three years ago, Microsoft Azure was the first to bring blockchain to the cloud. Now it's connecting the technology to just about everything else.
The software giant has quietly been building bridges between its blockchain services and other, widely used infrastructure and platforms, such as Office 365 Outlook, SharePoint Online, Salesforce, Dynamics 365 CRM Online, SAP, and even Twitter, according to Matt Kerner, the general manager of Microsoft Azure. The idea is to allow Microsoft customers to port their data from these platforms into the cloud, and from there onto a blockchain.
An increasing amount of bitcoin is being held by active individual users, rather than companies and long-term investors, according to new data from Chainalysis.
Announced Monday, the analytics firm found 4.8 million bitcoin, or roughly 32 percent of the protocol's cryptocurrency supply (minus lost coins), was held in personal wallets with some level of transactional activity as of August 31. That's up substantially from the end of 2017 – around the time the market peaked – when just 3.8 million bitcoin, or 26 percent, was in the hands of individuals.