Coinbase suspended 25,000 accounts that it suspected were linked to Russians engaged in illicit activity. There are currently 978 Russian citizens sanctioned by the UK government. “If they say,’well, we don’t do crypto,’ guess what going to do? They’re going across the street, and they’re going to go to another bank that is offering that,” […]
Category Archives: Bitcoin News
This can be an issue if you prefer to move your crypto to a secure third-party wallet or onto another exchange. The trouble is that decentralized exchanges are much less user friendly, not only from an interface standpoint but also in terms of currency conversion. Decentralized exchanges, for instance, don’t always allow users to deposit […]
You can be liable for both capital gains and income tax depending on the type of cryptocurrency transaction, and your individual circumstances. For example, you might need to pay capital gains on profits from buying and selling cryptocurrency, or pay income tax on interest earned when holding crypto. World currency prices and crypto conversion rates […]
Many investors see Bitcoin as a store of value, also characterized as “digital gold,” that can be used as a guard against inflation. Bitcoin was the first cryptocurrency, and is much more pricey. The average price for a single Bitcoin right now is around $40,000. The demand for NFTs in 2021 sent the number of […]