# Get a passport, pay crypto, live tax-free?

# Get a passport, pay crypto, live tax-free?

“# Get a passport, pay crypto, live tax-free? ” Way back in 2014, the United States Internal Revenue Service (IRS) ruled that cryptocurrency is property in Notice 2014-21. That classification as property has some big tax consequences accentuated by wild price swings. Buying and selling crypto can trigger gain or loss and be taxable. Yes,…

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# NatWest cuts payment channels to Binance, citing regulatory uncertainty

# NatWest cuts payment channels to Binance, citing regulatory uncertainty

“# NatWest cuts payment channels to Binance, citing regulatory uncertainty ” NatWest, a major United Kingdom-based retail and commercial bank, has blocked all credit and debit card payments to crypto exchange Binance until further notice, multiple users on social media reported on Thursday. “With an increase in scams relating to cryptocurrency and regulatory uncertainty around…

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# Currency.com becomes executive member of self-regulating trade group CryptoUK

# Currency.com becomes executive member of self-regulating trade group CryptoUK

“# Currency.com becomes executive member of self-regulating trade group CryptoUK ” Crypto trading company Currency.com is joining CryptoUK, a self-regulatory trade association for the cryptocurrency industry in the United Kingdom.  In a Thursday announcement, CryptoUK said the firm would become an executive member in the regulatory group alongside Binance.UK, Crypto.com, CryptoCompare, Electroneum, eToro, Ripple, BCB…

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# Binance Australia partners with Koinly for tax reports as ATO ramps up compliance

# Binance Australia partners with Koinly for tax reports as ATO ramps up compliance

“# Binance Australia partners with Koinly for tax reports as ATO ramps up compliance ” The Australian branch of leading cryptocurrency exchange Binance has increased the ability for users to accurately report tax liabilities amidst increased pressure from local tax authorities. Binance has partnered with cryptocurrency tax startup Koinly to assist users grappling with ever-increasing…

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