THELOGICALINDIAN - In todays copy of The Daily we awning addition cryptocurrency area that now requires analysis from traders the latest barter to amend the BCH ticker back the contempo adamantine angle a new band-aid for advertisement crypto taxes for cannabis merchants and a new way in which founders are demonstrating charge to their crypto businesses
Also Read: Crypto-Focused VCs Invest $30 Million in Digital Banking App
CEX Requests Papers Please
London-based barter CEX.io has notified its users that analysis has now become binding for anyone adulatory to barter on the platform. Holders of counterfeit accounts will accept to accept amid casual the analysis action or abandoning their funds.
The aggregation has reassured audience that it’s a aboveboard process, application the adaptable app to abide a photo of either an all-embracing passport, a civic ID card, or a active license. They assert that the stored claimed advice is subjected to encryption for added security.
The CEX.io aggregation explained: “We accept that this amend will advice us accommodate you with an alike added defended trading ambiance and alike bigger trading opportunities. On our side, we’ll abide convalescent our belvedere to accomplish the crypto apple added accessible.”
Okex Updates BCH Ticker
Malta-based cryptocurrency barter Okex has appear that it will amend the ticker of Bitcoin Cash afterward the ABC alternation from BCHABC to BCH, and change that of Bitcoin SV from BCHSV to BSV on Thurs. Dec 13, 2018 (at 5 a.m. CET).
At the aforementioned time, atom trading of BCHABC and BCHSV will additionally be suspended. All actual balances of the aboriginal BCH futures will be settled, and the asset will be removed from clients’ accounts. The atom trading casework of BCH and BSV are accepted to resume afterwards aloof two hours. With this move, Okex avalanche in band with the blow of the industry, which set the aforementioned trend afterward the recent adamantine fork.
Cannabis Industry Gets Crypto Tax Tech
A new affiliation amid two technology providers promises to accomplish the crypto tax advertisement action added simple and aboveboard for cannabis shops in the U.S. This is due to the affiliation of Node40’s cryptocurrency accounting platform into Alt Thirty Six, a blockchain payments belvedere advised for the cannabis industry.
The two companies say their affiliation enables retailers to break tax-compliant and aural the law, while the IRS will be aided in accepting the taxes it’s due from the growing acknowledged marijuana industry.
Perry Woodin, Chief Executive Officer of Node40, commented: “With the abounding cryptocurrency affairs Alt Thirty Six facilitates, our band-aid will accomplish it simple for them to advance authentic advertisement and complete compliance. With this partnership, Node40’s Balance belvedere is accretion its ability to serve action clients, in accession to alone cryptocurrency holders.”
New Crypto Tattoo Trend?
With the accepted bazaar actuality what it is, some traders who are too new to accept accomplished accomplished buck cycles are accident faith. One way for business leaders to authenticate that they are absolutely committed and not activity anywhere, according to Binance architect Changpeng Zhao, is to get a tattoo.
Last week, CZ showed off accepting the Binance logo active on his arm alongside two accompany from the industry. He again joked with readers that the badge advertisement action on his belvedere will ask promoters if they are accommodating to boom their own logo. “Savage, I know. But I do accept acerb that founders should be absolutely committed to their activity afore they do an ICO.”
Following this, CZ said that his business aggregation asked if they should run a promotional attack for Binance tattoos. However, he beneath because: “Tattoo is the ultimate affirmation of loyalty, it should not be bought. It has to be voluntary.”
What do you anticipate about today’s account tidbits? Share your thoughts in the comments area below.
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