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The Treasury Inspector General for Tax Administration recently released a paper on taxation of virtual currencies including Bitcoin, officially requesting the IRS to provide guidance for tax treatments of digital currencies and develop a strategic approach.

Based on the 2014 tax guidance for virtual currencies released by the Internal Revenue Service (IRS), digital currencies like Bitcoin are considered labeled as property for tax purposes.

Read More: https://cointelegraph.com/news/us-treasury-says-irs-needs-to-monitor-bitcoin-for-tax-purposes

BitPesa’s efforts to introduce Bitcoin to largely underbanked populations in several African countries have paved a path for other Bitcoin startups and platforms.

An increasing number of Bitcoin exchanges are beginning to expand their services to the African market, hoping to provide higher liquidity and favorable conversion rates.

African payment, remittance and financial markets are largely dominated by local remittance outlets, banks and mobile networks. Safaricom’s mobile phone-based remittance and microfinancing network in particular has a staggering 86 percent share of the Kenyan market, completely eliminating banks, financial institutions and other money transfer companies from its market.

Read More: https://cointelegraph.com/news/major-bitcoin-exchanges-are-targeting-africa-as-next-big-market

There aren't many steps left before bitcoin's Lightning Network will be finished – or at least an early version of it.

The big picture looked starkly different a year and a half ago when developers Joseph Poon and Tadge Dryja first put forth a white paper outlining a way to expand bitcoin to accommodate millions of transactions per second. It was a cool idea to use hashed timelock contracts (HTLC) to build a top-layer to bitcoin that didn't require any extra trust in intermediaries, but there wasn’t a clear-cut path forward from the theoretical.

Read More: http://www.coindesk.com/whats-left-bitcoins-lightning-network-goes-live/

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Tuesday saw eight of nine states, where cannabis legislation was on the ballot, approve initiatives for cannabis regulation either medicinally or recreationally. There are numerous blockchain-facing startups and crypto-currencies who stand to benefit from the normalization of marijuana. In the wake of Tuesday’s “green letter day” for cannabis legislation, we put together a list of some of those blockchain companies in the best position to prosper from the so-called “green rush.”

Read More: https://www.cryptocoinsnews.com/blockchain-startups-look-profit-marijuana-election-results/

Cashless Chaos: Life Comes to a Halt in Cash Starved India, Bitcoin Can Help

We are living in a brave new world here in India. Enough has been written about the “end of cash” and how there will be a day when we will all be using digital money. Well that future has arrived for the one bln plus people of India.

Ever since the demonetization of the Rs. 500 and Rs. 1000 banknotes on the midnight of Oct. 9, 2016, life has turned into a ghastly nightmare for billions of teeming masses. Things that we took for granted have become a challenge, not unequal to climbing the highest of Himalayan peaks. Welcome to cashless chaos, the story of a demonetized India.

Read More: https://cointelegraph.com/news/cashless-chaos-life-comes-to-a-halt-in-cash-starved-india-bitcoin-can-help

Despite its volatility, Bitcoin has been the best performing currency in the world for 5 of the past 6 years. The rapidly increasing value of the digital currency and its decentralized nature have led it to be considered as the global safe asset for investors and traders.

For decades, Swiss bank accounts were the ideal global asset for most entrepreneurs and investors, due to its anonymity and privacy. Prior to the formation of a contract between the EU and Switzerland, anyone could open Swiss bank accounts, store funds and be free of all tax obligations.

Read More: https://cointelegraph.com/news/will-bitcoin-replace-swiss-bank-accounts-as-next-safe-asset

Best bet because Nigeria are unbeaten in their last seven games against Algeria.

Yes it is best bet because Cameron want win and wait Algeria draw or lose for get second place in group.

WIN

Final score:
Libya 0-1 Tunisia

مشكور
بصراحة لابد من تطوير المنتدى و تشهير به من الاخوة العرب.
فهو حقا كنز لكل مستخدم و ناشط في مجال البيتكوين

As China continues applying the pressure of becoming the number one FinTech country, ZhongAn, an online property and casualty insurance company has announced the creation of an incubator designed to focus on blockchain and artificial intelligence (AI), further boosting the country’s intentions of becoming number one.

Founded in 2013 by Ant Financial, which was one of the four Chinese companies that made it in the top five annual FinTech 100 report this year, the China-based online insurance company will explore the technology through its ‘ABCD’ plan, which will focus on four areas: AI, Blockchain, Cloud Computing, and Data Driven technology.

Read More: https://www.cryptocoinsnews.com/chinas-online-insurer-zhongan-launched-blockchain-ai-incubator/

Bitcoin casinos are really trending right now, and it’s something that probably won’t be a fad and continue to grow. The topic of Bitcoins has been in the news a lot in the past few years and combined with Donald Trump as president; the currency has shot back up in value as people look to diversify their investments and equity. Bitcoin certainly is an interesting alternative for using the traditional credit cards, direct banking or e-wallets to deposit and withdraw from a casino but you can now add Bitcoin to that list as well.

Read More: http://www.bitrebels.com/entertainment/bitcoin-casinos-changing-gambling/

DOJ Assistant Attorney: US Government Realized They Can’t Shut Down Bitcoin

Kathryn Haun, Assistant Attorney for the US Department of Justice in San Francisco, admitted in an interview that cryptocurrency bitcoin could not be shut down.
Haun is also a lecturer on digital currencies at Stanford Law School, and responsible for prosecuting her own corrupt colleagues Carl Mark Force and Shaun Bridges during the Silk Road case. She admitted that in 2013, the US Government did not shut down the cryptocurrency since they “recognized you can’t shut down bitcoin.”

Read More: https://www.deepdotweb.com/2016/11/12/doj-assistant-attorney-us-government-realized-cant-shut-bitcoin/

A Florida man is the latest individual to face criminal charges in connection with what U.S. prosecutors say was an illegal bitcoin exchange. The exchanged was owned by an Israeli accused of being behind hacking attacks on companies including JPMorgan Chase & Co. Ricardo Hill was arrested last month in Florida.

Read More: https://bitcoinio.com/feds-charge-florida-man-with-bitcoin-link-to-massive-jpmorgan-hack/

مرحبا بك اخي

Though eBay does not accept Bitcoin directly as a form of payment, its jointly developed integration with BigCommerce may expose over 165 mln of its active buyers to the top digital currency.

The two companies announced the availability of the new integration on Thursday, Nov. 11 as a way to enable BigCommerce merchants to select products from their catalog and begin selling to millions of eBay users, without the need for third-party apps or custom development.

Read More: https://cointelegraph.com/news/how-bigcommerce-integration-could-bring-bitcoin-to-ebay