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Big Banks Could Eventually Warm Up To Bitcoin And Ripple Big banks want to crush Ripple and Bitcoin. At least, that's the impression one gets by listening to speeches of high profile bankers, attacking the very premise and the valuation of Bitcoin. Last year, for instance, J.P. Morgan Chase & Co. leader Jamie Dimon called the digital currency a "fraud," and a ...
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Venezuela knocks three zeros off ailing currency amid hyperinflation But Maduro, 55, presented the move as a positive development intended to protect Venezuela against currency speculators and a U.S.-led "economic war" against the OPEC member. Critics said the currency measure was no panacea for Venezuela's economic mess and just a psychological ploy to ...
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IRS Reminds US Taxpayers to Report Crypto Earnings At the time, the IRS said profits and losses on digital currency would be treated as capital gains when the currency is being used as a capital asset. Similarly, wages paid to employees in crypto are taxable, while crypto payments made to independent contractors and service providers are reported ...
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Africa is not ready for a common currency: Mbeki So it is going to be a big struggle to get this thing to work, but it is important that it works… And about this economic integration on the continent – there also has been this view that there should be a common currency. I don't think we are ready at this stage on the continent where we can have such this.
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