Please share if you find this article interesting. Dutch Court Rules That Bitcoin has "Properties of Wealth" Regulation The Court of Amsterdam has found that bitcoin possesses “properties of wealth” following a civil rights case. Dutch repossession laws have been invoked to mandate the repayment of 0.591 BTC obliged by a contract between two individuals relating to bitcoin mining. Also Read:The Race Between Segwit and Bitcoin Cash Is Heating Up Dutch Court Publishing Findings Regarding Bitcoin Mining Contract Earlier this week, the Court of Amsterdam published its findings in relation to a civil rights dispute between an individual and a private mining company. The civil rights case was filed by Mr. JW de Vries on February 14 against Koinz Trading BV, with the court ruling
Please share if you find this article interesting. PR: OKO Pay Is a New Global Payment System in the OKOIN Environment - Bitcoin News This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. On April 25, 2018, VR Technology, the OKOIN project owner and ICO establisher, will officially present the OKO Pay global payment system based on blockchain and smart contracts. The OKOIN project was initially developed for the internal needs of the company to sell VR OKO headsets and the relevant content all over the world, even in the countries...
Please share if you find this article interesting. Reddit Reportedly Removes Bitcoin As Payment, Cites ‘Coinbase Change’ Reddit has reportedly removed the option for users to pay for their premium membership program, Reddit Gold, in Bitcoin (BTC) citing an “upcoming Coinbase change”, according to a Reddit post in subreddit /r/btc published March 23. Reddit user BitcoinXio posted a video of the steps to give another user Reddit Gold, showing that the only payment options are PayPal and credit card. Reddit user emoney40, a moderator of several subreddits but not /r/btc, commented that the change is due to the Coinbase Commerce change: “The upcoming Coinbase change, combined with some bugs around the Bitcoin payment option that were affecting purchases for certain users, led us to
Please share if you find this article interesting. Japan Exchange Bitarg Denies Yahoo Acquisition Press Reports - Bitcoin News Featured Media outlets are touting what would amount to a major shake-up of cryptocurrency exchanges, Bitarg Exchange selling off a little less than half its business to Yahoo Japan. Reports even detailed how Yahoo Japan (YJFX) would then launch still another exchange built on Bitarg’s system by spring of next year. As of March 23, Bitarg is vigorously denying press accounts, insisting they were instead “studying various possibilities.”Also read: Bitcoiners Demand More Crypto CFDs and Spread-Betting in the UK Bitarg Denies Yahoo Japan Rumors A Bitarg statement with the salutation 株式会社ビットアルゴ取引所東京 代表取締役 尹 煕元, google translated as, “Bit-Argo Exchange Co
Please share if you find this article interesting. Tennessee Passes Bill Recognizing Blockchain, Smart Contracts For Electronic Transactions The governor of Tennessee signed a bill recognizing the legal authority to use Blockchain technology and smart contracts for electronic transactions on March 22, according to legislative tracking site Legiscan. A summary of the bill reads that it “recognizes the legal authority of blockchain technology and smart contracts in conducting electronic transactions.” The bill also makes a provision that, “protects ownership rights of certain information secured by blockchain technology.” Senate Bill 1662 was signed by Governor Bill Haslam little more than three months after its introduction on January 18 of this year, passing the Senate and House
Please share if you find this article interesting. Game of Thrones Bitcoin Hacker Included in Broader Iranian Sanctions - Bitcoin News Featured US Department of Justice formally sanctioned an Iranian company and nine Iranian nationals for broad, worldwide hacking schemes against government outlets, universities, energy concerns, and private companies. Among the over half dozen hackers named was the alleged perpetrator of the Home Box Office (HBO) compromise and subsequent bitcoin ransom. The wildly popular HBO drama, Game of Thrones, was scooped up in 1.5 terabytes of stolen data, and threatened with pre-season leaks unless demands for millions of dollars in cryptocurrency were met. Also read: Bitcoiners Demand More Crypto CFDs and Spread-Betting in the UK Game of Thrones Bi
Please share if you find this article interesting. The Race Between Segwit and Bitcoin Cash Is Heating Up - Bitcoin News Technology & Security The introduction of Segwit and the launch of bitcoin cash (BCH) were two attempts at solving the bitcoin’s scaling problem. Both movements took a different approach, with Segwit seeking to reduce transaction size and BCH seeking to increase the block size. A new report compares the transaction volume on each chain, BTC (Segwit) and BCH, since last summer’s hard fork, and the numbers are remarkably close. Also read: Chinese Exchange Bitasia Now Supports 0-Confirmation BCH Transactions Segwit and BCH Show There’s More Than One Way to Scale a Blockchain Blockchain scaling is one part technical, one part ideological. There was a number of
Please share if you find this article interesting. Subsidiary of Canadian Stock Exchange Operator To Open Crypto Brokerage Service Canadian stock exchange operator TMX Group announced that its subsidiary, Shorcan DCN, has entered into an agreement with Paycase Financial to launch a cryptocurrency brokerage service, a press release stated March 22. TMX Group is best known as the operator of the Toronto Stock Exchange (TSX) and Paycase Financial is a decentralized financial services provider based out of Toronto. The new initiative is planned to launch in the second quarter of 2018 and will establish a cryptocurrency brokerage platform focusing on Bitcoin (BTC) and Ethereum (ETH). With this partnership, Shorcan DCN intends to combine its expertise of financial services in Canadian ...
Please share if you find this article interesting. IRS Warns Taxpayers To Include Crypto On Income Tax Returns The US Internal Revenue Service (IRS) released a memo March 23, reminding US citizens of the need to report their digital currency earnings on their income tax returns. The IRS notes that Notice 2014-21 defines digital currencies as property, and they are thus subject to federal property taxes. Those who fail to report their crypto earnings can be “liable for penalties and interest,” and “in more extreme situations [...] criminal prosecution.” The recent memo highlights the “inherently pseudo-anonymous aspect” of cryptocurrency transactions, which the organization believes may lead some taxpayers to be “tempted to hide taxable income from the IRS.” In 2017, only .04 perc
Please share if you find this article interesting. Couldn't Make it to Tokyo? Check Out the Satoshi's Vision Live Stream - Bitcoin News Promoted On March 23-25 the bitcoin cash-centric event Satoshi’s Vision Conference is taking place in Tokyo, Japan. However, not everyone could make it to the conference so Bitcoin.com is live streaming the event presentations. Also Read: Study: 70% of Crypto Exchanges Allow Weak Passwords Satoshi’s Vision Conference Streaming Live at Bitcoin.com This week the Bitcoin Unlimited development team hosted the Satoshi’s Vision Conference (SVC) in Tokyo Japan. The conference is dedicated to the bitcoin cash ecosystem and bolstering on-chain scaling. Bitcoin.com wants everyone to get a chance to listen to all the great speakers this year in Tokyo s