"It's going to be difficult for partners who want to be seen as in [regulatory] compliance."

Backers for Facebook's Libra cryptocurrency may jump ship

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Backers for Facebook's Libra cryptocurrency are reportedly considering pulling their support in the face of increased scrutiny and regulation.

Backers for Facebook’s Libra Cryptocurrency May Jump Ship

They face the choice of supporting Libra or complying with regulators.

Experts say now is the time to invest in crypto, and eToro makes it easy

Brands We Love

eToro is a simple, easy to use crypto trading platform that makes it easy to trade cyrptocurencies such as Bitcoin and others.

Experts Say Now Is the Time to Invest in Crypto, and eToro Makes It Easy

eToro's crypto trading platform will walk you through the process.

Blockchain tech was bound to be useful someday.

Finally, porn is on the blockchain

NSFW

A new crypto platform called SpankPay wants to become the go-to payment service for porn and adult entertainment, circumventing more hostile financiers.

Finally, Porn Is on the Blockchain

SpankChain wants to be the go-to payment service for adult content.

Crypto revenue could help the country in the face of American sanctions.

Iran says you can mine — but not spend — crypto

Heigh-Ho, Heigh-Ho

The Iranian government just gave its approval to crypto mining, but only if people get the right clearance and stay on top of their taxes.

Iran Says You Can Mine — but Not Spend — Crypto

Crypto mining is an official industry in Iran, but the government won't assume the risk.

"Taxpayers should take these letters very seriously by reviewing their tax filings and when appropriate, amend past returns and pay back taxes, interest and penalties."

The IRS is sending warning letters over cryptocurrency back taxes

Bitcoin Bust

The IRS announced that it's sending out 10,000 letters to warn taxpayers that they may owe back taxes for their cryptocurrency holdings.

The IRS Is Sending Warning Letters Over Cryptocurrency Back Taxes

It's sending 10,000 letters this month.

The company's value shot up by almost 300 percent in late 2017 after announcing it would pivot to blockchain technology.

The FBI is investigating Long Island Iced Tea's blockchain pivot

Ice Cold

Ex-beverage firm Long Island Iced Tea — now a blockchain company — is being investigated by the FBI for insider trading and securities fraud.

The FBI is Investigating Long Island Iced Tea’s Blockchain Pivot

Was the beverage company involved in a pump-and-dump scheme?

We're starting to think Facebook might not be the most trustworthy company out there.

Facebook is having trouble fighting scams about its own altcoin

Bullet, Meet Foot

Facebook is already inundated with scam posts for its yet-unreleased cryptocurrency, Libra. It's a bad sign for a company trying to earn public trust.

Facebook Is Having Trouble Fighting Scams About Its Own Altcoin

It's a bad sign for Facebook's upcoming Libra cryptocurrency.

The IRS is coming for your secret crypto stash

Playing Hardball

A leaked IRS training document reveals how the agency may begin subpoenaing tech companies to find people's undisclosed cryptocurrency wallets.

The IRS Is Coming for Your Secret Crypto Stash

The agency is training auditors to find hidden crypto wallets.

He also took a shot at Facebook's newly announced crypto, Libra.

Trump: Cryptocurrencies are "not money," "based on thin air"

Highly Volatile

Donald Trump tweeted his distaste for cryptocurrency on Thursday, calling the digital assets "not money" and "based on thin air."

Trump: Cryptocurrencies Are “Not Money,” “Based on Thin Air”

"I am not a fan of Bitcoin and other Cryptocurrencies," he tweeted.

The vast majority are in just one country.

Who the hell is using the world’s 5,000 crypto ATMs?

Money Mystery

The number of crypto ATMs worldwide passed the 5,000 mark this month, which begs the question, who the hell is actually using these things?

/Cryptocurrency

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