CRYPTOCURRENCY NEWS PORTAL

Switzerland’s Legacy Of Financial Freedom Makes It The Best Place For Bitcoin To Thrive | ZeroHedge

Authored by Julian Liniger via BitcoinMagazine.,com,

Switzerland values many of the core properties of Bitcoin and now the two are poised to create the future of financial sovereignty (more…)

Continue ReadingSwitzerland’s Legacy Of Financial Freedom Makes It The Best Place For Bitcoin To Thrive | ZeroHedge

Digital Asset Sales To Come Under Increased IRS-Treasury Scrutiny | ZeroHedge

Authored by Naveen Athrappully via The Epoch Times (emphasis ours),

The U.S. Treasury and the IRS have proposed new reporting requirements for digital asset brokers like cryptocurrencies and NFTs in an attempt to “crack down on tax cheats” and help citizens assess tax dues arising from such asset transactions.

Department of Treasury building in Washington on April 10, 2023. (Madalina Vasiliu/The Epoch Times)

Regulations “would require brokers of digital assets to report (more…)

Continue ReadingDigital Asset Sales To Come Under Increased IRS-Treasury Scrutiny | ZeroHedge

Beijing Is Ceding The Economic Race As Growth Slows | ZeroHedge

By George Lei, Bloomberg Markets Live reporter and strategist

Forecasts for China’s 2023 and 2024 economic growth have been slashed on Wall Street over the past few weeks. The world’s second-largest economy now risks missing Beijing’s own growth target for a second straight year and could expand at a sub-5% pace for three years in a row — something unheard of since the death of Mao Zedong in 1976.

Stalling growth will surely have longer-term geopolitical implications. (more…)

Continue ReadingBeijing Is Ceding The Economic Race As Growth Slows | ZeroHedge