Crypto can be lucrative, but make sure you’re ready for the taxman
Investing in digital assets can offer a plethora of opportunities, but when the taxman comes, investors best be prepared. Hindsight is 20/20, but when money is on the line, being prepared can give investors better foresight. Just over a year and a half ago, Investopedia reported on the panic among many crypto investors who’d found themselves on the wrong side of the taxman. The article read, “Online forums like Reddit are abuzz with posts citing possible scenarios by worried investors about pending tax liabilities for their past dealings in cryptocoins, which may now leave them poorer.”As....
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Welcome to the CoinDesk Weekly Review 21st March 2014 - a regular look at the hottest, most thought-provoking and most controversial events in the world of digital currency through the eyes of scepticism and wonder. Your host ... John Law. No accounting for the taxman. UK readers may have been too busy drinking beer and playing bingo with their pensions to notice, but this week's Budget statement had one little snippet tucked away that may do more to promote bitcoin than if Newsweek revealed Satoshi Nakamoto was really Stephen Fry in a kimono. In the future, muttered Chancellor George....
Bitcoin miners are finding the Nordic lands a profitable opportunity to boost their revenues due to a plunge in electricity prices at the cheapest levels than any other well-known places for crypto mining. Bitcoin Miners Could Find ‘Lucrative’ Opportunities in Norway and Sweden According to a Bloomberg report, the Nordic region, specifically Norway and Sweden, has seen mild weather in the last 20 years, which helped boost production from hydroelectric plants. As the long-lasting weather trend has been alive in the region for several years, it’s helping in some way to....
Bumper Finance’s lucrative liquidity program has arrived! From the 14th July, investors wanting to put their stablecoin reserves to work during this time of unprecedented certainty now have a exciting option to support a protocol that promises to make the savage dips of recent crypto history a thing of the past – at least for […]
You’re in your cubicle. The local radio station distracts you with 4/4 beats, and a DJ whispering sweet nothings through the airwaves. In other cubicles, co-workers bide their time, waiting for the time when they can clock out and meander to the local lowbrow lounge and drink away the pent up energy accumulated from a long day sitting on their asses. Beyond that, they’re looking forward to payday. When you’re at work, you’re not that stoked. You answer emails in between a sojourn through the land of Facebook or Reddit (maybe your cat photos are going to make it to the front page). You’re....