📚 Daily Digest for Jan 19th
📊 Wyoming Introduces a Bill Aiming to Define Virtual Currencies as Money:
The bill places crypto assets into three categories: digital consumer assets, digital securities and virtual currencies. The bill defines assets falling in any of those three categories as intangible personal property and grants virtual currencies the same treatment as fiat money. Read more
#wyoming #virtualcurrencies
📈 Crypto Payments Service BitPay Reports Over $1 Billion in Transactions in 2018:
Despite a massive crypto decline in 2018, BitPay’s CEO and co-founder Stephen Pair argued that the firm saw growth over the year because its product is “cheaper and quicker than a bank wire from most regions of the world.” Read more
#bitpay #stephenpair
🇨🇱 Chilean Citizens Will Begin Paying Cryptocurrency Taxes in 2019:
Taxpayers in Chile are reportedly going to have to pay taxes on cryptocurrency earnings this year, as the country’s Internal Revenue Service Servicio de Impuestos Internos, SII has included a section for cryptoassets in a form that has to be filled on taxpayers’ Annual Income Tax Returns. Read more
#regulation #chile #taxes
Fear and Greed Index:
Today: 29
Change 1 day: +1
Change 7 day: +8
Change 30 day: +4
📊 Wyoming Introduces a Bill Aiming to Define Virtual Currencies as Money:
The bill places crypto assets into three categories: digital consumer assets, digital securities and virtual currencies. The bill defines assets falling in any of those three categories as intangible personal property and grants virtual currencies the same treatment as fiat money. Read more
#wyoming #virtualcurrencies
📈 Crypto Payments Service BitPay Reports Over $1 Billion in Transactions in 2018:
Despite a massive crypto decline in 2018, BitPay’s CEO and co-founder Stephen Pair argued that the firm saw growth over the year because its product is “cheaper and quicker than a bank wire from most regions of the world.” Read more
#bitpay #stephenpair
🇨🇱 Chilean Citizens Will Begin Paying Cryptocurrency Taxes in 2019:
Taxpayers in Chile are reportedly going to have to pay taxes on cryptocurrency earnings this year, as the country’s Internal Revenue Service Servicio de Impuestos Internos, SII has included a section for cryptoassets in a form that has to be filled on taxpayers’ Annual Income Tax Returns. Read more
#regulation #chile #taxes
Fear and Greed Index:
Today: 29
Change 1 day: +1
Change 7 day: +8
Change 30 day: +4