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Poland Backpedals on “Irrational” Crypto Tax After Strong Backlash

Authorities in Poland have realized how inapplicable their decision to tax all crypto transactions really is. A high-ranking official from the Finance Ministry said in an interview that his department “accepts the irrational effect” of the tax it wanted to levy on every purchase and sale of cryptocurrency, regardless of their profitability. Other reports suggest that Warsaw has no intentions to strictly follow the letter of the current tax law before it develops a comprehensive approach towards the crypto sector.  Also read: The Government Dilemma: How To Tax Something One Pretends Does Not Exist Temporary Abandonment of Irrational Ideas The Polish Finance Ministry intends to issue a new regulation to …

Bitcoin in Brief Monday: New EU Rules Kill Another Crypto Venture

The upcoming implementation of a major regulatory push by the European Union to control how companies can operate on the Internet has killed another venture in the cryptocurrency sphere. This story, astrology-based financial investment, and many more feature in today’s edition of Bitcoin in Brief. Also Read: Marvel, The Simpsons Go Crypto Parity Shuts Down ICO Passport Service The team behind Parity Technologies, the developers of the Parity multi-signature wallet, have announced they are shutting down PICOPS, a service used by ICO campaigns to comply with KYC/AML regulations by validating that the owner of an Ethereum wallet has already passed an ID background check. The reason for the closure is …

PR: ECOMI Partners with tokidoki to Transform Characters into Digital Collectables

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. During Consensus Week in New York, Singapore-based blockchain technology company, ECOMI, announced its first license with tokidoki, the internationally recognized and iconic lifestyle brand that has amassed cult-like following for its larger-than-life characters. ECOMI will bring tokidoki’s iconic characters into the digital world with verified ownership by creating digital tokidoki collectables in the form of a non-fungible token available on the ECOMI Collect app. “We …

Blockchair Feed Reveals Messages Encoded in the BCH, BTC and ETH Blockchains

Blockchain exploration service Blockchair has launched a new analytics tool. Blockchair Feed decodes the messages that are written into the BCH, BTC, and ETH networks. The results can be viewed in a real-time feed comprised of messages that range from the banal to the enigmatic. Also read: A Brief History of Hidden Messages in the Bitcoin Blockchain Feast on a Banquet of Messages with Blockchair Feed Blockchain explorer Blockchair is widely used by the bitcoin cash and core communities for searching for transactions and checking data pertaining to market prices, dominance, and network performance. It’s also one of the few blockchain explorers that enables users to search for specific words …

This Week in Bitcoin: Smooth Bitcoin Cash Upgrade, BCH and BTC Tax Payments in Florida

A notable week for Bitcoin Cash (BCH) – the network successfully upgraded the blockchain protocol by extending the block size to 32MB. The change will allow a greater number of transactions to be processed with inexpensive and consistent transaction fees. Also, Seminole County in Florida will accept tax payments in both Bitcoin Cash (BCH) and Bitcoin Core (BTC) thanks to a partnership with Bitpay. Also read: Bitcoin in Brief Saturday: Warren Warned by Billboards, Coinbase Tempted by Banking Bitcoin Cash Upgrades Blockchain Protocol The Bitcoin Cash network has smoothly and successfully upgraded the blockchain protocol this Tuesday by extending the block size from 8MB to 32MB. The implementation of the …

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