Tag Archives: Will

Chilean Citizens Will Begin Paying Cryptocurrency Taxes in 2019

Taxpayers in Chile are reportedly going to have to pay taxes on cryptocurrency earnings this year, as the country’s Internal Revenue Service (Servicio de Impuestos Internos, SII) has included a section for cryptoassets in a form that has to be filled on taxpayers’ Annual Income Tax Returns. Continue reading Chilean Citizens Will Begin Paying Cryptocurrency Taxes in 2019

Ethereum Hard Fork Rescheduled: Here’s When Constantinople Will Finally Launch

One of these problems is a significant group of miners continuing to mine as if the hard fork had actually taken place. Another problem is how to proceed with the upgrade intended to produce lower transaction fees, among other improvements. After a developer meeting Friday, Ethereum has decided to postpone the Constantinople upgrade and to disinclude the source of the “reentrancy bug,” that is, all code changes related to EIP-1283. Several proposals led up to the decision. Continue reading Ethereum Hard Fork Rescheduled: Here’s When Constantinople Will Finally Launch

TRON Can’t Handle BitTorrent’s Crypto Token, Will Likely Use Different Network

Simon Morris, former Chief Strategy Officer at BitTorrent, believes that TRON won’t be able to manage BitTorrent’s high rate of transactions. His statement comes only a few days after TRON announced that it was going to launch BitTorrent crypto tokens on Binance Launchpad. Continue reading TRON Can’t Handle BitTorrent’s Crypto Token, Will Likely Use Different Network

Ripple to add 5 More Banks & Fintechs Will Use XRP Cryptocurrency

Ripple announced today that a total of 13 more financial institutions had joined RippleNet, putting the total at over 200. Of these, five of them will use the ripple (XRP) cryptocurrency for liquidity. Institutions named in the press release are: JNFX, SendFriend, Transpaygo, FTCS, and Euro Exim Bank. While they will use XRP to access liquidity on demand, the 8 others will not. Continue reading Ripple to add 5 More Banks & Fintechs Will Use XRP Cryptocurrency

Overstock Will Be First Major Company to Pay State Taxes in Bitcoin

Online retail giant Overstock will become the first major US company to pay part of its 2019 Ohio state business taxes in bitcoin. Overstock — which has a blockchain business division — said the move is part of its ongoing efforts to promote cryptocurrency use. Continue reading Overstock Will Be First Major Company to Pay State Taxes in Bitcoin