QuadrigaCX Scandal Jolts Canada to Regulate Cryptocurrency Exchanges

QuadrigaCX Scandal Jolts Canada to Regulate Cryptocurrency Exchanges

TweetShareThe infamous QuadrigaCX scandal has culminated in the losses of $150 million in user’s cryptocurrency funds. Now, Canada has called for “input” on tailoring new regulation to cryptocurrency exchanges operating within its borders.Canada’s Securities Regulator and Investment Body Issue a Consultation Paper to Increase Investor ProtectionCanada has held back on detailed cryptocurrency regulation. It currently…

5 Essential Tips for Preparing Your Cryptocurrency Taxes

5 Essential Tips for Preparing Your Cryptocurrency Taxes

TweetSharePaying taxes on Bitcoin and other cryptocurrencies is becoming a priority for individuals in the US after the IRS announced on July 2nd, 2018 that one of their core campaigns and focuses for the year is the taxation of virtual currencies.Because cryptocurrencies are treated as property in the eyes of the law, they are subject…

Even ‘Dr.Doom’ Roubini isn’t Buying JP Morgan’s ‘Cryptocurrency’

Even ‘Dr.Doom’ Roubini isn’t Buying JP Morgan’s ‘Cryptocurrency’

“S**t f**k, I agree with Nouriel,” said one cryptocurrency enthusiast in reference to NYU economist and vocal bitcoin bear Nouriel Roubini.Agreeing with Nouriel Roubini for a cryptocurrency lover was an unbelievable thing. The global economist called bitcoin “a mother of all scams and bubbles” before the US senators. He wrote elaborative anti-cryptocurrency reviews for mainstream media.…