Best and worst countries for crypto taxes
Tax is a nightmare for compliance. And crypto taxes — which include a variety of innovative mechanisms and products that have no analog in traditional finance — are 10 times worse. Complicating matters even further, the global industry operates across borders and jurisdictions. But there are definitely better and worse countries for the newly crypto-rich to base themselves as tax havens — even Americans who get followed around by the IRS with its hand out no matter where they are. (The inform...
Best and worst countries for crypto taxes
Tax is a nightmare for compliance. And crypto taxes — which include a variety of innovative mechanisms and products that have no analog in traditional finance — are 10 times worse. Complicating matters even further, the global industry operates across borders and jurisdictions. But there are definitely better and worse countries for the newly crypto-rich to base themselves as tax havens — even Americans who get followed around by the IRS with its hand out no matter where they are. (The inform...
These 5 cryptocurrencies may continue to surprise to the upside
Bitcoin BTC$28,092 is on track to close the week withgains of more than 23%. The banking crisis in the United States and Europe seems to have boosted buying in Bitcoin, indicating that the leading cryptocurrency is behaving as a safe haven asset in the near term. All eyes are on the Federal Reserve’s meeting on March 21 and 22. The failure of three banks in the U.S. has increased hopes that the Fed will not hike rates at the meeting. The CME FedWatch Tool shows a 38% probability of a pause an...
These 5 cryptocurrencies may continue to surprise to the upside
Bitcoin BTC$28,092 is on track to close the week withgains of more than 23%. The banking crisis in the United States and Europe seems to have boosted buying in Bitcoin, indicating that the leading cryptocurrency is behaving as a safe haven asset in the near term. All eyes are on the Federal Reserve’s meeting on March 21 and 22. The failure of three banks in the U.S. has increased hopes that the Fed will not hike rates at the meeting. The CME FedWatch Tool shows a 38% probability of a pause an...
How do blockchain forensics and asset tracking work?
Blockchain is a distributed ledger, which makes it a desirable tool for financial transactions and other applications because it records transactions in a transparent and impenetrable manner. Its decentralized and unchangeable character, however, also makes it a desirable venue for illegal activity. In order to uncover trends and look into illegal activities, blockchain forensics entails the use of specialized tools and procedures to extract and analyze data from the blockchain. This includes...
How do blockchain forensics and asset tracking work?
Blockchain is a distributed ledger, which makes it a desirable tool for financial transactions and other applications because it records transactions in a transparent and impenetrable manner. Its decentralized and unchangeable character, however, also makes it a desirable venue for illegal activity. In order to uncover trends and look into illegal activities, blockchain forensics entails the use of specialized tools and procedures to extract and analyze data from the blockchain. This includes...
