Taxes in the modern economy can be high and in some regions, high taxes can make a company’s business model almost completely useless. In countries with high taxes, even individuals feel the strain of paying more to the government than they actually get to keep. In Canada, for example,...
Twitter CEO Jack Dorsey said that Bitcoin will become the world’s only currency. The statement was given to The Times in London while promoting the Square payment platform. “The world will finally have a single currency, the internet will have a single currency,”.he said Jack Dorsey said that...
With cryptocurrencies starting to see more mainstream acceptance, it makes sense for companies to start accepting Bitcoin and similar currencies in payment for their services. In this post, we will take you through the list of big companies who are willing to accept bitcoin and other cryptocurrencies. I do need...
Leumi Bank made a decision in December last year. The bank decided to block payments to the Bitcoin Exchange during a surge in demand for crypto assets. Leumi Bank claimed the decision was in line with the order issued by the Bank of Israel. But, this rule is actually part...
Bank of America, one of the world’s largest financial institutions, announced that the cryptocurrency is a threat to their business model. This report, submitted to the Securities and Exchange Commission (SEC) dated February 22, where cryptocurrency was listed for the first time. In order to adapt to evolving industry...
The Japanese police agency said it received 669 reports of suspected money laundering using cryptocurrency. They have been since eight months to 2017. According to Japan’s Nikkei Asia Review , the country’s National Police Agency (NPA) released a report on Thursday. It indicating that cases were reported from April...
