Bitcoin’s latest rally to another all-time high north of $60,000 may have lost some steam this week, but its blistering ascent since last year has reignited concerns about the toll Bitcoin is taking on people and the planet. In the United States, President Joe Biden’s administration has voiced concerns over[…]
The Bitcoin currency has been shrouded in reports suggesting that it acts mainly as a tool for criminal networks around the world to evade legal accountability and financial tracking, while tech fanatics claim the currency is a step toward fighting the corruption and control of the global financial system. For[…]
As the debt-based monetary system gradually collapses the ideas of central banking and the social contract, an expert tells RT that other forms of money may take over the market soon. “We’ve landed at the point where we’re pretty much at the end of the road in terms of yields[…]
No ransom has been demanded for the release of alleged kidnapping victim, businessman Liyaqat Allie Parker. This according to a family spokesperson who said the “the reports are completely untrue”. Earlier on Wednesday, media reports stated that a ransom demand of R50 million in Bitcoin was sent to the family[…]
Taxpayers have to declare cryptocurrency gains or losses as part of their taxable income. The South African Revenue Service (Sars) will continue to apply “normal income tax rules” to cryptocurrencies such as bitcoin and has urged taxpayers to declare cryptocurrency gains or losses as part of their taxable income. The growing[…]
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