Best and worst countries for crypto taxes — plus crypto tax tips

With talk about integrating artificial intelligence and the cryptocurrency industry mostly focusing on how AI can help the crypto industry combat scams, experts are failing to pay attention to the fact that it could have the complete opposite effect. In fact, Meta recently warned that hackers appeared to be taking advantage of OpenAI’s ChatGPT in…

Although the cryptocurrency markets have slightly recovered following massive sell-offs in mid-March, Bitcoin’s (BTC) faltering price has led to notable miner instability and closures.Soon after Bitcoin dropped below the $4,000 threshold on March 13, DPW Holdings, a Nasdaq-listed holding company, announced that it is temporarily shutting down its cryptocurrency mining business, Digital Farms.DPW notifies the…

The biggest threat posed by quantum computers may be impossible to defend against.

The head of a major Mexcian financial intelligence unit has complained that local law enforcement has only a quarter of the staff it needs to respond to crypto laundering from cartels. 1877 Total views 11 Total shares Mexican authorities report an increase in the use of crypto assets to launder funds by criminal syndicates in…

Europe's largest economy is looking to pave the way for securities trading on the blockchain. 1713 Total views 7 Total shares The German word for securities is wertpapieren, or "papers of worth," which may soon be as outdated as nocturnal traders saying they're burning the midnight oil.Per a Reuters report from Wednesday, Merkel's cabinet had…

Scam letters purporting to be from the United States Internal Revenue Service (IRS) are trying con cryptocurrency taxpayers and others out of their funds.According to a Forbes report published on August 5, bogus letters are attempting to capitalize on the public’s lack of familiarity with legitimate IRS correspondence and soliciting payments by using threats of…

Bitcoin (BTC) starts a new week, a new month and a new quarter with a firm bullish move past $28,000.The largest cryptocurrency greets “Uptober” in style with its best weekly close since mid-August — what lies in store next?After mixed BTC price action in September, market participants were prepared for a potentially volatile monthly close

Turkey’s crypto economy is poised for growth as local and international companies show keen interest ahead of new legislation.