New Hampshire’s Second Bill to Accept Bitcoin as Tax Payment Fails

New Hampshire’s Second Bill to Accept Bitcoin as Tax Payment Fails

The U.S. state of New Hampshire fails to pass its second bill to accept crypto for tax payments due to the high volatility of Bitcoin. Lawmakers in the New Hampshire state legislature have killed a bill that would have allowed state agencies to accept cryptocurrencies as payment for taxes. On Jan. 8, the New Hampshire House of Representatives announced a decision to retract the bill, following a motion from the General Court’s Executive Departments and…

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Singapore Crypto Consultant Kidnapped for $1 Million Ransom

Singapore Crypto Consultant Kidnapped for $1 Million Ransom

Singaporean entrepreneur and ICO advisor Mark Cheng is reported to have been kidnapped in Thailand by close associates who wanted his Bitcoin holdings. Singaporean Mark Cheng was recently kidnapped in Thailand and tortured for a $740,000 ransom in Bitcoin (BTC), the South China Morning Post and others report on Jan. 14.After transferring all his available funds of $46,000, he allegedly made a daring escape as his captors prepared to murder him.Cheng was on a…

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Huobi Exchange Partners With UAE Real Estate Firm to Enable Crypto Payments

Huobi Exchange Partners With UAE Real Estate Firm to Enable Crypto Payments

Singapore-based crypto exchange Huobi partnered with a real estate firm in the UAE to offer secure crypto payment options for its real estate investors. Major cryptocurrency exchange Huobi has partnered with a real estate firm in the United Arab Emirates (UAE) to allow real estate investors to pay in cryptocurrencies.The Singapore-based crypto exchange has entered a partnership with fäm Properties, a tech-driven real estate agency based in Dubai, to offer crypto payment options for…

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