New Bill Could Mean Lower Taxes For Bitcoin Startups in New Jersey

A new bill by proposed by two New Jersey assemblymen could mean tax and regulatory breaks for digital currency companies operating in the state. According to The Star-Ledger, the bill would lessen burdens for cryptocurrency companies in an attempt to incentivize job creation in the state. Proposed by Assemblyman Rai Mukherji (D-Hudson) and Assemblyman Gordon Johnson (D-Bergen), the 30-page bill would create a regulatory framework for digital currency companies to operate within as well. The bill comes two months after New Jersey’s Assembly Financial Institutions and Insurance committee held a two hour hearing about Bitcoin. The New Jersey Treasury officially recognized the digital currency in April when it wrote that digital currency transactions were subject to sales tax and would […]

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BitStamp Launches Bitcoin Debit Card For EU Citizens

European Bitcoin exchange BitStamp launched a pre-paid debit card that can be loaded with bitcoin on Wednesday. According to the London-based exchange, the debit card is accepted at anywhere major credit and debit cards are accepted. The card’s balance can be denominated either in British pounds, euros or American dollars. The debit card has three stages of verification, each with its own spending limit. The most basic stage requires no know-your-customer verification and allows for €2,500 worth of transactions annually. Government ID, proof of residence, and a certified source of funds document is required for the highest annual spending limit, €125,000. Crypto Debit Card The debit cards can be ordered now. They are first received in a digital form that […]

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Gold Capped As Soros Warns On “Threshold Of A Third World War”

– War “inevitable” if U.S. meddles in South China Sea – Global Times – Senior NATO official warns that “we’ll probably be at war this summer” – Soros warns of ‘New World Order’ and war with China – Soros warns could be “on the threshold of a Third World War” – Many countries in Pacific […]

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DGCX’s MoU with Bank of China seeks to increase interaction b w UAE, China

The Dubai Gold & Commodities Exchange (DGCX) has announced the signing of a Memorandum of Understanding with the Bank of China (BOC). The agreement creates a framework for both institutions to work together to enhance interaction and collaboration between the derivatives and financial markets of the UAE and China.
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US high court: California county drug disposal law stands

OAKLAND, Calif. (AP) — The U.S. Supreme Court is letting a Northern California county’s drug disposal law stand, paving the way for similar ordinances elsewhere. The court refused to hear the pharmaceutical industry’s challenge to an Alameda County program that

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Quadruplets born to 65-year-old mom still in critical phase

BERLIN (AP) — Doctors say the week-old quadruplets born prematurely to 65-year-old Annegret Raunigk in Berlin are still in intensive care, but have been gaining a little weight and are being given their mother’s milk through feeding tubes. The babies

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