Thursday, August 22, 2019

New Zealand Rules Receiving Income in Bitcoin is Legal, Taxable

New Zealand's tax authorities have ruled that income in cryptocurrencies is legal and provided guidance on how exactly it should be taxed. New Zealand's tax…

Owning Fiat Just Got More Expensive – NIRP Strikes Again

With the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling…

Exclusive: Microsoft Registers Blockchain and AI Platform for Agriculture in Brazil

Microsoft’s technology, known as FarmBeats, uses blockchain, drones and AI to improve productivity and reduce water consumption on farms. Microsoft has registered a suite of…

Liquidators of Hacked Cryptopia Exchange Release Report, Note $4.2M Owed to Creditors

Cryptopia’s liquidator Grant Thornton released an estimation on the financial state of the firm, reporting a total of $4.22 million owed to creditors. The liquidators…

Cryptopia Liquidator Files for User Data Protection at US Court as Process Continues

Grant Thornton confirmed it was targeting databases in Arizona as part of its efforts to reconcile user holdings. Liquidators of defunct New Zealand cryptocurrency exchange…

South Korean Gov’t Announces Second Study Group for Blockchain Regulations

The science and tech ministry of the South Korean government is going to run a study on blockchain regulations, looking at improvements needed for broader…

New Zealand Blockchain Group to Request Government Blockchain Strategy

The New Zealand-based blockchain collective BlockchainNZ will request that the government form a national blockchain strategy. New Zealand-based blockchain industry group BlockchainNZ announced that it…

Hacked Crypto Exchange Cryptopia Opts For Liquidation

Hacked cryptocurrency exchange Cryptopia has appointed liquidators as executives warn of an investigation lasting “months rather than weeks.” Meanwhile, Binance is undergoing a major upgrade.…

Hacked New Zealand Exchange Cryptopia Appoints Liquidators, Trading Suspended

Hacked New Zealand-based cryptocurrency exchange Cryptopia has gone into liquidation and suspended trading services. Hacked New Zealand-based cryptocurrency exchange Cryptopia has appointed David Ruscoe and…

New Zealand Churches Deny Affiliation With Crypto Ponzi Scheme OneCoin

Two New Zealand churches have denied allowing a crypto Ponzi scheme to preach to their congregations, and say they are launching legal action. A New Zealand…
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