Recent Posts

February 18, 2018

The crypto economy received a dramatic haircut after the New Year. Although many people expected it, and in the case of the 'non-believers' hoped from it, the drop was the first substantial one in over a year. Prior to this, the market saw it's ups and downs, but alway...

February 13, 2018

A loss in value, say Bitcoin going from $20,000 - $8,000 between two purchases, would be considered a loss that could be tax deductible as an investment or for a business, but have zero tax deductibility as an individual.

November 30, 2017

Wow! Is the Bitcoin craze getting a little out of hand, or what? Striking $10,000, people are now speculating it will hit over $40,000 in the next six months. I felt it necessary in all the hype to lay forth a few realities of what is happening with Bitcoin, based on e...

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Consumer advisory -  Wallet Engine Pte. Ltd., the holder of Wallet Engine’s stored value facility, does not require the approval of the Monetary Authority of Singapore. Consumers (Users) are advised to read our terms of service carefully.