Cryptocurrency Market Anticipate Reaching USD 1,758.0M by 2027
The worldwide cryptocurrency market size is expected to reach USD 1,758.0 million by 2027, demonstrating a CAGR of 11.2% during the projected time frame. Cryptocurrency is a system of virtual currency exchange that is intended to reduce financial intermediaries. The impacts of the COVID-19 pandemic have been felt all around the globe. Like every other […]
El Salvador to Offer $30 in BTC to Citizen who Create Accounts with State-Sponsored Wallet
El Salvador, a country in Central America, disclosed that it has decided to offer $30 worth of Bitcoin to the people in the country who decide to create accounts with a state-sponsored wallet. This is the greatest step towards strengthening the BTC in the country. On Sept. 7, El Salvador will make history as it […]
US Federal Court Orders IRS to Identify Taxpayers who Have Used Cryptocurrency
The US Federal Court has provided the official consent to Internal Revenue Service (IRS) to perform “John Doe Summons” on the US-based cryptocurrency exchange and bank, Kraken. A John Doe Summons is an IRS summons approved by Internal Revenue Code Section 7609(f). In contrast to other IRS orders, it does not enumerate the name of […]
