Trading Bitcoin Is Illegal in Iran, Central Bank Official Warns
Buying and selling bitcoin is prohibited in Iran by a local AML authority, a Central Bank official said Source: https://cointelegraph.com/rss
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Singapore Proposes to Kill Double Taxation (GST) on Cryptocurrencies
The Inland Revenue Authority of Singapore is proposing to end the Goods and Services Tax that is imposed on cryptocurrencies. Under the existing rules, users of cryptocurrencies are taxed twice when they use them to pay for goods and services. This is because the IRAS treats such a transaction as a barter trade that results […]
The Morning After: Aircraft lands itself for the first time
Welcome back to the Morning After. Over the weekend, our team tried out AMD's latest Radeon GPUs, Google tested out a global video play/pause button for Chrome and an airplane managed to land all by itself. Source: engadget
The White House's social media summit may not include Facebook and Twitter
The White House's upcoming social media summit might be missing some key players when it goes ahead this week. Facebook and Twitter have not been invited to attend, according to sources who spoke with CNN. Source: engadget
Bitcoin Price Could Crash Below $3,000 in Brutal Worst-Case Scenario, Warns Trader
The bitcoin price is at risk of a swift and painful reversal after its parabolic move to $13,868. That’s according to veteran trader Peter Brandt. Brandt says the worst-case scenario is an 80 percent retracement from the 2019 high, implying a fall below $3,000. This bearish scenario would come into play if bitcoin breaks the […]