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UK Tax Authority Issues Crypto Guidance for Businesses
4.11.2019
After clarifying how individual taxpayers should deal with cryptos last year, the U.K.'s HMRC has now issued guidance for enterprises
Bank of Lithuania Issues Guidelines on Security Token Offerings
26.10.2019
Recognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings. The goal is to clarify applicable rules without introducing more regulations. Also read: Mario Draghi Leaves European...
Belarusian Bank Gets the Go-Ahead to Service Crypto Investors
23.10.2019
A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic...
Despite Positivity, Businesses Cautious About Brexit
18.10.2019
Thursday proved to be a momentous day for the United Kingdom as the country finally managed to agree to a deal to exit the European Union and it seems that the Brexit affair might be nearing its end. However, the deal will need to be passed by the Members of Parliament before the whole thing...
More Nations Join the Club of Crypto-Friendly Jurisdictions
14.10.2019
Regulatory barriers are a major concern for businesses working with decentralized assets. Not all governments, however, are putting obstacles in front of crypto companies. In fact the number taking a crypto-friendly stance is in fact increasing. Also read: Ukraine in a Rush to Legalize...
Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin
13.10.2019
The BCH-centric web portal Bitcoinbch.com published on October 13 an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, BCH transactions in the country exceed BTC transactions by a wide margin and BCH is...
Crypto Scams: The Effect on Consumers and Legitimate Businesses
8.10.2019
As a crypto collectible company falls victim to copyright infringement, what are common types of scams in the industry — and how are they identified? #Sponsored
Turkish Government Freezes Over 3 Million Bank Accounts
5.10.2019
Hundreds of thousands of businesses and individuals with tax obligations to the Turkish state have received foreclosure notices this week informing them about their frozen bank accounts. The government of Turkey, which is struggling with financial and economic problems under geopolitical pressure...
Ohio Removes Option to Pay Taxes With Crypto While Local SLP Project Presses Forward
3.10.2019
The state of Ohio has become an unexpected center of American fintech focus in recent years, thanks to remarkable developments at the intersection of crypto, blockchain and government. That said, the online crypto portal that has allowed Ohio businesses to pay their taxes with bitcoin since last...
Bitcoin Smart Contract Platform RSK Acquires Latin America’s Fourth Largest Social Network
27.9.2019
IOV Labs, the parent company of Bitcoin smart contract platform RSK, has announced the acquisition of Taringa. As a result, the Hispanic social media network’s 30 million users and 1,000+ active communities will be exposed to dapps, tokenization and P2P trading. Crypto companies acquiring...
The Hype Has Faded But Demand Remains for Enterprise Blockchains
12.9.2019
The days when blockchain was portrayed as a cure-all for businesses of all kinds have gone. Now that the hype has faded, enterprise blockchain projects have quietly begun to ship. While some of these initiatives have faded into obscurity, others have prospered, suggesting that there’s life...
Brazilian, Mexican Regulators on the Warpath for Crypto Businesses
11.9.2019
Cryptocurrency may be booming in Latin America, but exchanges and brokers run the risk of falling afoul of regulators – with government agencies in Brazil and Mexico looking to crack down on non-compliant platforms and brokerages.
The Securities and Exchange Commission of Brazil, known locally...
Malta Financial Services Authority Plans To Monitor Crypto Businesses
10.9.2019
The Malta Financial Services Authority (MFSA) spoke in a recent outline, their strategy in the published article. According to the document, the plan revolves around actively monitoring & managing risks to cryptocurrency business & firms. Malta is already a habitat to numerous crypto...
Fewer Than a Quarter of Blockchain Businesses in Korea Generate Sales
4.9.2019
Despite the apparent boom in blockchain, and the extensive support for the technology, few companies are making blockchain sales
Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin
3.9.2019
Cryptocurrency enthusiasts and businesses in the industry have had to put up with regulatory uncertainty for quite some time. The strong desire to tap into their incomes and profits goes hand in hand with failure on behalf of authorities and regulators to fully understand the nature...
Crypto Salaries Gain Regulatory Recognition Around the World
29.8.2019
Salaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence...
Hong Kong Businesses Begin Adopting Bitcoin as a Form of Protest
28.8.2019
The Hong Kong protest movement is prompting local businesses and individuals to dropt China’s fiat currency
Mega Drug Pushers Johnson & Johnson Get Away While Peaceful Silk Road Is Destroyed
28.8.2019
It’s been said that those who protest the loudest are often the ones who are guilty, and when it comes to government and their pet corporations, things are no different. No surprise, then, that the blustery moralizing — and violent state force brought to bear against businesses —...
Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached
27.8.2019
One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks...
Apple Mobile Devices to be Supplied to Australian Businesses by Macquarie
23.8.2019
The biggest tech companies in the world have grown immensely over the course of the past two decades by signing deals that make it possible for them to take their products to all concerns of the globe. It is no different for Apple, which has produced some of the most popular products during this...