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South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb
30.12.2019
The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. Also read: Poles...
Germans Rush to Buy Gold as Draft Bill Threatens to Restrict Purchases
27.12.2019
Reports have emerged depicting long lines in front of a physical gold sales location in Germany, in view of pending legislation which would once again lower the anonymous purchase limit, this time from €10,000 to €2,000. The last drop happened in 2017 when the limit was set...
WaykiChain (WICC) Signs MoU with Montenegro Capital Market Authority to Provide Blockchain Support to Montenegro Fintech Ecosystem
26.12.2019
According to DPD Group research, European people still prefer to use bank cards and cash for online payments. However, a typical cross-border payment lifecycle involves several steps and parties to process the payments, which takes days to complete. Is there any other better payment method to solve...
Corporations Need Bitcoin. They Just Don’t Know It Yet
23.12.2019
Bitcoin could be the basis for a new corporate operating system, writes Iterative Capital managing partner Chris Dannen
Why the SEC Asked Blockforce Capital to Pull a Bitcoin ETF Proposal as Soon as It Was Filed
23.12.2019
Reality Shares ETF Trust, a branch of Blockforce Capital, filed an ETF proposal under the condition that it would pull the proposal after one day
$100M of Ethereum Tied to Plustoken Scam Sparks Wild Theories
21.12.2019
During the last two weeks as cryptocurrency prices slid below long term foundational support, speculators assumed Plustoken scammers may be behind the dump. Blockchain intelligence firm Chainalysis published a report which claimed Plustoken coin sales might be dragging BTC prices down. Moreover,...
Chinese Regulators Question 8 Crypto Companies in Shenzhen
20.12.2019
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...
11 'Bold' Crypto Predictions for 2020 by Blockchain Capital
20.12.2019
Bitcoin (BTC) is set for a 2020 price surge that will see it go past the USD 20,000 mark, per a new report, with fees to exceed USD 100.
In its annual State of Crypto report, investment company Blockchain Capital has made eleven “bold” predictions for the upcoming year.
The company says we might...
Ripple Raises $200M, Calls 2019 Its Strongest Year of Growth
20.12.2019
Ripple announces $200 million Series C, claims that the firm sees its “strongest year of growth” despite its sales dropping 73% in Q3
Fowler May Change ‘Not Guilty’ Plea in Crypto Capital Laundering Case
19.12.2019
Crypto Capital principal Reginald Fowler is expected to plead guilty to at least one charge stemming from allegations he ran an unlicensed money services business
Dragonfly Capital, Paradigm Buy $27.5M Stake in Governing MakerDAO’s Future
19.12.2019
Combined, the VCs have the second largest private stake in the MKR ecosystem
CITIC Securities Tops Asia Capital Equity Markets (ECM) Ranking 2019 by Beating Goldman Sachs
19.12.2019
As per the data revealed by Refinitiv, CITIC securities, one of the top Chinese brokerage firms, will top the Asia Pacific’s Equity Capital Markets Ranking beating last year topper Goldman Sachs. This Asia Pacific ranking though excludes Japanese firms. The top ranker is selected based on several...
Bailouts From Asia to the EU Signal Recession and Potential Crypto Opportunity
19.12.2019
China’s Hengfeng Bank is set to get a $14.2 billion bailout from both Chinese government and foreign investors. An emergency decree has been approved to bail out southern Italy’s biggest lender, Banca Popular di Bari. Germany continues to struggle with bailout pains, as regional bank...
Hong Kong Blockchain VC Hires Former NEO Exec to Launch Shanghai Office
17.12.2019
Former NEO general manager Zhao Chen joins Hong Kong-based venture capital firm CMCC Global to lead blockchain equity investments in mainland China at a new Shanghai office
Block.One’s Venture Arm to Dole Out $50K Grants to Promising EOS Projects
17.12.2019
EOS VC is looking for "world-conquerors and local heroes" for its new grants program
UK’s Oldest Exchange to Delist Ethereum and Bitcoin Cash + More News
17.12.2019
Coinfloor CEO Obi Nwosu, courtesy of GBC News/YouTube
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Listings news
Coinfloor, Britain’s longest-running crypto exchange, will...
Planned $1.1B Sale of .Org Angers Many Open Source Crypto Developers
12.12.2019
The potential sale of the .org top-level domain could mean higher costs for open source crypto projects
VC Firm Andreessen Horowitz Announces Instructors at Free Crypto School
11.12.2019
VC firm Andreessen Horowitz shared a list of instructors for its free, seven-week crypto startup school, scheduled to kick off in February 2020
UP Alliance Members to Lock Mega-Utility Tokens for a Year
10.12.2019
Universal Protocol Token is a mega-utility token offering attractive interest rates when lending and borrowing, lower exchange fees, cashback and discounts on trading. The large holders of UPT in the UP Alliance have gotten together and committed to lock their tokens and not sell any UPT for...
Regulatory Roundup: Bitcoin Futures Fund Approved, India’s RBI-Backed Digital Currency
9.12.2019
In this regulatory roundup, we cover the U.S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U.S. government toward crypto regulation. We also cover India’s central bank digital currency plan, South Korea’s crypto...