Launched as recently as late 2017, Binance is a third-party exchange platform that allows users to buy, sell and trade cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, and hundreds more. Although the company now has its headquarters in the European Isle of Malta, the project was founded by Chinese national Changpeng Zhao (CZ). Russia's telecom regulator Roskomnadzor has added Binance, the world's largest crypto exchange, to the list of blacklisted websites in the country. The The Bitcoin Foundation is currently holding runoff elections for two of it’s board seats. One of these two seats is currently held by Gavin Andresen, but his term is expiring, and the other was held by Jon Matonis, until his resignation in October of 2014. The primary election actually happened between February 13th and February 19th, but none of the candidates obtained the 50%+ approval ... Bitcoin paid for services rendered or to independent contractors must be reported on IRS Form 1099, with self-employment tax possibly being applicable. Finally, capital gain on altcoins is taxable, as gains would be in stocks and bonds. The government has taken a cautious position toward bitcoin money transmitters. The Bitcoin Foundation has stated its opinion that the US government is increasing federal and state regulation of Bitcoin in the US with a view to “control and stifle the adoption and use of so-called ‘virtual currencies’ such as Bitcoin.” European Union. The EU has taken a more open approach to Bitcoin than the US, as well as offering less ambiguity. Indeed, the EU already had a ... Binance P2P strictly prohibits users from using the platform to engage in all illegal activities such as money laundering, smuggling, commercial bribery, and illegal exchange of currencies. The platform, on a best effort basis, implements effective security risk control measures to maximize the protection of the legitimate rights and interests of users; if any suspected illegal transactions or ... The election for two new Bitcoin Foundation Chair Members has come to an end, but we still don’t know who will occupy the empty spots.As per Bitcoin Foundation bylaws, no member received more than 50 % of the vote and the Foundation will have a special runoff election with the top four candidates.. Oliver Janssens, known for his financing of the Lighthouse crowdfunding app, originally ... Trade over 40 cryptocurrencies and enjoy the lowest trading fees in America. Binance Labs hopes to work with more aspirational projects to explore blockchain applications and together move forward the growth of the industry,” Zhang has also revealed that Binance Labs will launch new incubator programmes in Berlin, Buenos Aires, Lagos, Singapore, and Hong Kong from March 2019, offering the same 10-week programmes. If necessary, Binance.com can suspend and terminate Binance Savings service at any time. Due to network delay, computer system failures and other force majeure, which may lead to delay, suspension or deviation of Binance Savings service execution, Binance.com will use commercially reasonable effort to ensure but not promise that Binance Savings service execution system run stably and effectively.
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