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Japanese Finance Minister May be Opposed to Lowering Tax on Crypto

2.6.2020
Taro Aso might not be willing to support legislation in Japan treating cryptocurrency-related income the same as that for stocks

South Korean Gov’t May Introduce Capital Gains Tax on Crypto Earnings

2.6.2020
The South Korean government could introduce capital gains tax on crypto earnings – and may unveil its proposals as early as next month. Per a report from Digital Today, the South Korean Ministry of Economy and Finance is seriously considering imposing the same sort of tax rules on crypto earnings...

Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO

2.6.2020
Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with Canaan Creative to build a new crypto miner

Venezuelans Now Can Pay for Petrol in Fiat or (State-issued) Crypto

2.6.2020
The Venezuelan government has announced that drivers can now fill their gas tanks with fuel – and pay using foreign currencies or the state-issued cryptoasset the petro (PTR). Caracas made its announcement over the weekend, and the measure became effective as of June 1, per a tweet from state-owned...

Ledger CTO Explains Why Smartphones Won’t Ever Be Fully Safe for Using Crypto

1.6.2020
Recent developments led by some smartphone manufacturers aim to use hardware to make the system more secure, but it won’t protect from all attacks, cautions Ledger’s CTO

Crypto Listing and Delisting Announcements: Week 22

1.6.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

Crypto Firm Uquid Launches Marketplace- 30,000 Digital Products, Bitcoin Cash Support

1.6.2020
On May 28, 2020, the digital currency and blockchain company Uquid has announced that the Uquid Shop is now live and accepting cryptocurrencies like bitcoin cash for payments. The team at Uquid has dubbed the market the “world’s biggest digital shop for crypto users is ready to launch...

Cash or Plastic? Countries Where Crypto Debit Cards Are Fair Game

1.6.2020
Cointelegraph examines where crypto debit cards are available and what options they offer as wider adoption starts to take hold

Swiss Bank Maerki Baumann Launches Crypto Custody and Trading

1.6.2020
Swiss private bank Maerki Baumann deepens crypto push by adding crypto custody and trading services

Private Swiss Bank Rolls Out New Premium Crypto Trading Service

1.6.2020
Private Swiss bank Maerki Baumann is offering a new trading and custody service for a handful of cryptos

Crypto Market Sentiment Takes a Step Up; Bitcoin and Ether Remain Positive

1.6.2020
Crypto market sentiment has taken another step upwards. Following the last week's small rise to 5.13/10, the combined moving 7-day average market sentiment score (sentscore) for the top 10 coins has increased to 5.33 over the course of last seven days, as shown by crypto market sentiment analysis...

Crypto Travel Booking Site Travala Sees 46% Monthly Increase in Bookings Despite Pandemic

1.6.2020
Cryptocurrency travel website Travala.com saw a 45.8% increase in the total number of room nights booked in May compared to April

Market Update: Bullish Bitcoin S2F Chart, 6-Digit Prices, Liquidations Prime Crypto Values

1.6.2020
The price of bitcoin and a number of cryptocurrencies have been sliding downward in value during the last 72 hours, after bitcoin touched a high of $9,700 on May 30, 2020. On Monday, June 1, the price is up 0.06% and trading for $9,578 per coin during the morning trading sessions. The market...

Operator of Alleged Crypto Scam Flees South Africa for Mozambique

1.6.2020
The operator of an alleged seven-figure crypto scam appears to have fled the country of South Africa for Mozambique

Report: Bankruptcy Law Can Be Unclear When Crypto Custodians Go Belly Up

1.6.2020
The past few years have seen a glut of cryptocurrency exchanges becoming insolvent. But what legal rights do their customers have with regards to the return of their held assets?

India to Significantly Increase Crypto Market Share This Year: Report

1.6.2020
India’s cryptocurrency market is set to gain significant market share this year, according to an industry report. The regulatory environment, the instability of the rupee, and remittances are key drivers that will send the Indian crypto industry soaring. Indian Crypto Sector Flourishing...