India’s Tax Department is Worried Over Large Investments Flowing into Bitcoin

India’s Tax Department is Worried Over Large Investments Flowing into Bitcoin   Tax authorities in India have expressed money laundering concerns with investments and trading of cryptocurrencies like bitcoin. As awareness and adoption of bitcoin grow in India, there are concerns among authorities about the potential for abuse by tax evaders and money launderers. According to the Economic…

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Mexico to Unveil Proposed Cryptocurrency Regulation Bill This Month

Mexico to Unveil Proposed Cryptocurrency Regulation Bill This Month   Mexico, this month, will unveil proposed legislation aimed at regulating its fast-growing financial technology sector, including firms that use cryptocurrencies like Bitcoin. The bill seems to be aimed at protecting customers, as well as spurring competition in this burgeoning industry. Mexico is also hoping, in this…

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Bitcoin Price Technical Analysis: Swinging Inside a Range

Bitcoin Price Technical Analysis: Swinging Inside a Range   Bitcoin price is slowly crawling higher and could make its way up to the next short-term resistance levels from here. The Status: Bitcoin price continues to tread carefully on account of lower volumes and trading activity in the past few days. Price is on an uptrend…

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Bitcoin Cash Network Advances With Enterprising Plans for the Future

Bitcoin Cash Network Advances With Enterprising Plans for the Future   It’s been over forty-eight days since the hard fork, and the Bitcoin Cash (BCH) network is alive and well. As the blockchain’s days continue, BCH developers have been revealing the upcoming plans to improve the cryptocurrency’s protocol. Discussions revolving around bitcoin cash development shows the protocol’s…

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