money

eBay tipped to be considering Bitcoin adoption

eBay tipped to be considering Bitcoin adoption

It seems that cryptocurrency will really be here to stay, especially if retail giants start taking it seriously. According to insider sources, eBay is in talks with various Bitcoin exchanges, seeking to integrate this new kind of currency into its existing Braintree payment system, opening the doors to paying for popular services like Uber using intangible money.

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UK bill to charge 20% VAT for digital purchases

UK bill to charge 20% VAT for digital purchases

Online retailers and digital content providers might soon be facing some rather heavy taxes if Goerge Osborne gets his way. Under a new law that will cover intra-EU business to consumer (B2C) taxation, such services will be taxed based on buyer's location, which in the UK means a 20 percent VAT.

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