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China tests ATMs converting digital yuan to cash

    China tests ATMs converting digital yuan to cash

A new test of the digital yuan that China ran recently included ATMs capable of converting digital yuan to cash and vice versa. According to The Block, the test took

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IRS publishes a new memo on taxing cryptocurrency

    IRS publishes a new memo on taxing cryptocurrency

The US Internal Revenue Service (IRS) has published a new memo on August 28. The memo states that cryptocurrency is considered taxable income even when people earn it from conducting

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