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Cryptocurrency Audit

Canada’s tax agency asks cryptocurrency investors for 10 year trading history

Canada’s tax agency is reportedly cracking down on cryptocurrency investors in the country. Multiple sources have confirmed that cryptocurrency holders have been targeted with audits by the Canada Revenue Agency (CRA), according to Forbes. Forbes states Those who have been targeted by the CRA have also been sent comprehensive questionnaires to fill out regarding their …

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The rise of cryptocurrencies as an acceptable means of payment; Companies promoting its use

Amidst the criticism towards cryptocurrencies by some major investors, banks, financial institutions and business leaders; and regulation introduced or proposed by many countries, many people and many companies see the potential of digital currencies. They think that the blockchain based coins are futuristic. Furthermore, many have constantly supported and promoted the use of cryptos. While …

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Market plunged harder last month! Here is the list of events responsible for the crash

Cryptocurrencies are very fascinating. It has been a hot topic of discussion since last year. Bitcoin surged around 2000% in a single year. It gained the attention of a vast audience in December last year. However, beginning of this year doesn’t look that good. Rather it is repulsive. Nearly one-fourth of the total market value …

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