Many experts predict that the U.S. might face another recession as early as next year and by 2021, others foresee another recession and give it a 24% to 83% of happening. In May 2019, the U.S. saw just 27,000 created – affecting manufacturing and small businesses the most heavily, but some industries, healthcare, education, and financial activities saw job growth instead of reduction. Over the next three years, unemployment rates …
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Following a few months of conflicting statements, recent reports from the Kremlin indicate that Russian President Vladimir Putin has made a decision on digital currencies. He has ordered his government to create laws meant to clearly govern the status of Bitcoin and other digital currencies, but also to thoroughly regulate initial coin offerings, mining, and other aspects of cryptocurrency by summer 2018. Decisions, Decisions While there have been several hints that Russia …
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The devoted community of cryptocurrency enthusiasts will now have a good perspective on what bitcoin-related laws will apply in the country. Israeli tax authorities issued a document establishing that cryptocurrencies cannot be considered as financial bonds nor as legal tender payment methods, but are in fact taxable assets – just like in the US. The legal situation of Bitcoin has always been the cause of concern in some countries around the world. …
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