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Ukraine Plans to Tax Crypto Gains at Low 5% Rate (for a While, Anyway)
20.11.2019
A draft bill setting out how crypto-related income should be taxed in Ukraine would tax gains at 5 percent for the first five years if passed
Fidelity Investments Acquires License for Crypto Trading in New York
20.11.2019
New York-based Wall Street brokerage firm Fidelity Investments has been granted a license to trade in cryptocurrencies. Fidelity Investments works in the crypto business through its subsidiary, Fidelity Digital Assets Services (FDAS). Through an official proposal, FDAS had applied for the Trust...
NY Regulator Licenses Fidelity for Bitcoin Trading and Custody
20.11.2019
Fidelity Investment’s digital currency arm has been licensed by the New York Department of Financial Services to operate a platform on which individuals and institutional investors can store, purchase, sell, and transfer bitcoin. The regulator also revealed that it has to date approved...
Binance Falls From Top 10 in CryptoCompare’s New Crypto Exchange Rankings
20.11.2019
CryptoCompare’s second Exchange Benchmark removes Binance from the top 10 list due to security concerns
Gatehub Crypto Wallet Data Breach Compromises Passwords of 1.4M Users
20.11.2019
Password data and personal information of 1.4 million users of GateHub cryptocurrency wallet service have reportedly been dumped online
Why Tokenized Projects Are Building on Bitcoin
20.11.2019
Bitcoin is something you hodl. Ethereum is something you build on. At least that has long been the official narrative, with projects favoring dedicated smart contract networks over Bitcoin for spinning out dapps and second layer solutions. Like all crypto narratives, however, this one has started...
PayPal Leads $4.2M Funding Round for Crypto Risk Management Platform
19.11.2019
PayPal leads a $4.2 million funding round for crypto risk management platform TRM Labs to further grow its services
Fidelity Digital Asset Services Now Authorized to Operate Crypto Custody Platform
19.11.2019
The New York State Department of Financial Services has authorized Fidelity Digital Asset Services to run a crypto custody platform
Canada’s Largest Bank Refutes Rumors About It Launching Crypto Exchange
19.11.2019
The Royal Bank of Canada has denied rumors about it launching a digital currency trading platform
At Least BTC 1.5 Million Might be Lost + More Crypto News
19.11.2019
Source: iStock/Albert_Karimov
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.
Bitcoin news
At least BTC 1.5 million (USD 12 billion), or c. 8% of the current Bitcoin's supply...
Chinese Authorities Scrutinize and Report on Crypto Exchanges
19.11.2019
According to a notice issued on weibo.com, and later confirmed as authentic by business publication Caixin, authorities in Shanghai appear to have dispatched officials for conducting reviews of area businesses engaged in cryptocurrency dealings, and are set to report back to financial regulators...
Malware on Official Monero Website Can Steal Crypto: Investigator
19.11.2019
Monero’s official website was compromised to distribute software that steals cryptocurrency
PayPal Joins $4.2M Round for Crypto Banking Compliance Startup
19.11.2019
Reddit founder Alexis Ohanian’s Initialized Capital, Blockchain Capital and PayPal Ventures are backing TRM Labs in its effort to help financial firms manage crypto risk
When Lambo? Crypto’s Favorite Automaker to Track Cars on Salesforce Blockchain
19.11.2019
Automobili Lamborghini, the manufacturer of the most craved sports cars in crypto, will trial blockchain tech in its supply chain operations
Crypto Voucher Allows Users to Buy BNB, Steem, and ONT Token Through Credit Cards
19.11.2019
For all the crypto freaks, Crypto Voucher, the leading platform that works in lubricating crypto purchasing, has announced that it will now accept credit cards from customers without charging any payment fees from them. You can now buy $STEEM with a credit card! https://t.co/e1ot1NxVSo —...
Crypto Debit Card Targets Generation Z With a Promise of Financial Freedom
19.11.2019
From video games to fizzy drinks, teens have their own spending agenda. Raised in the digital age, generation Z also has a special sense of freedom, a product of unrestricted access to the internet and mass availability of new technology. Its members are potential natural adopters...
WazirX CEO Calls for Crypto in India; Explains “Bitcoin for a Common Man”
19.11.2019
Indian crypto exchange WazirX CEO, Nischal Shetty, in conversation with Sumit Jain, Co-founder of Commonfloor, at the OpenTalk platform explained why crypto is important for the common man in India. When asked his views on “Bitcoin for a common man”, he stated that the entire ethos of the internet...
WazirX CEO Urges PM Modi and FM Sitharaman to Focus on Crypto; Says Country Losing Important Tech Battle
19.11.2019
Even after a decade of existence and covering most of the first and second world, the crypto industry hasn’t been able to penetrate the Indian market as prominently as it would’ve liked. The reason? Government’s pessimistic approach towards crypto. While there are several factors...
RBC Says It Has No 'Near-term Plans' to Launch Crypto Exchange
19.11.2019
Source: iStock/t_kimura
The Royal Bank of Canada (RBC), the Canada-headquartered major global bank, has responded to reports that claimed it is on the verge of launching a Bitcoin and altcoin trading platform – saying it has no “near-term plans to launch a cryptocurrency exchange...
Indian Supreme Court Wraps up Crypto Hearing for the Year
19.11.2019
The Supreme Court of India called on for hearing on Monday the writ petitions challenging the banking restriction by the Reserve Bank of India (RBI). After hearing from the RBI’s counsel, the court wrapped up the case for the year. Its decision follows Lok Sabha, the lower house of the Indian...