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Crypto Tax Evasion ‘Rampant’ in Japan
5.6.2019
Cryptocurrency tax evasion is rife in Japan, per a report by local media. It claims that some 50 people and 30 companies have failed to declare over USD 92 million worth of cryptocurrency transactions.
Asahi Shimbun claims that the companies in question include a Tokyo-based enterprise that trades...
Italy: Securities Regulator Issues Suspension to Crypto Investment Firm, Associated Crypto
5.6.2019
Italy's securities regulator has issued a 90-day suspension notice to investment firm Tessline and its cryptocurrency liracoin
Polish Crypto Exchange Coinroom Reportedly Shut Down Operations; Investors Lose Money
5.6.2019
In one of the shocking incidents, a cryptocurrency exchange based in Poland, Coinroom has ceased its operations and vanished away with the funds of the investors. The report was published by a local news media house, money. Pl on 31st of May and according to the report, the cryptocurrency exchange...
Malaysia Begins Approving Crypto Exchange Registrations
5.6.2019
Malaysia’s securities commission has begun registering cryptocurrency exchanges after it started regulating the crypto space earlier this year. The first three crypto trading platform operators have been conditionally approved and given nine months to comply with registration requirements....
Anypay and Cointext Launch BCH-Powered Remittance Solution for Merchants
5.6.2019
On June 3, crypto startups Anypay and Cointext debuted a global remittance application for independent merchants. The new payment solution utilizes bitcoin cash (BCH) and allows anyone from anywhere to send funds faster and cheaper than traditional remittance platforms. Also read:...
Marshall Islands Form Dedicated Fund to Support Implementation of Its National Crypto
4.6.2019
The Marshall Islands has announced the SOV Development Fund to support the government in the development of its national digital currency
Crypto Trading Platform OKCoin Expands Its Services and Opens Office in Malta
4.6.2019
OKCoin’s customers can now trade with euro and participate in euro spot trading for BTC, ETH, and BCH
California CPAs Push for Crypto Accounting Clarity
4.6.2019
Accountants want to fill gaps in the U.S. GAAP when it comes to cryptocurrencies
Dutch Crypto Exchange Blockport to Attempt Relaunch After Bankruptcy Caused by Failed STO
4.6.2019
Dutch crypto exchange Blockport will try to relaunch the platform after the firm declared bankruptcy following a failed STO
Apple and Microsoft Make New Crypto Moves
4.6.2019
Major tech companies Apple and Microsoft are enhancing their toolset for blockchain developers. While Apple is set to announce CryptoKit, a framework for cryptographic functions, Microsoft is developing a smart contract auditing tool.
Apple CryptoKit will be a new framework for "secure...
SIM-Swap Attacks Are On The Rise: How To Protect Your Crypto?
4.6.2019
New wave of U.S. crypto community members have become victims of SIM swapping attacks over the past month. More than 50 victims have reportedely lost over USD 35 million to hackers in the San Francisco Bay area alone.
SIM swapping is not a new threat, as more than USD 50 million has been...
Dutch Crypto Exchange Blockport Shuts Down, Vows to Return
4.6.2019
Amsterdam-based crypto exchange Blockport has been been forced to close due to lack of cash, but it's pledged to rebuild
CZ Takes A Jibe At Warren Buffett Over The Charity Lunch With TRON’s Justin Sun
4.6.2019
There are two kinds of people when it comes to handling criticism. The first kind fires back then and there and the second ones wait for the correct time and hammer it down. The second ones are the smartest and most cunning ones. Warren Buffett, the legendary investment expert, and Berkshire...
Bitcoin Popularity Is On A Steady Rise In China, Trending On Baidu Search Engine, Says Alex Krüger
4.6.2019
China has been a barren land for Bitcoin as the authorities have been against it. The apex cryptocurrency has suffered several restrictions in the world’s second-largest economy, which has kept crypto trade at bay. However, several reports have emerged in the recent past, which suggest that despite...
Russia: Supreme Arbitration Court Judge Urges for Inclusion of Crypto in Civil Law
4.6.2019
A judge at Russia’s Supreme Arbitration Court urged lawmakers to include the term “digital assets” in the Russian Civil Law
Stablecoin Are Dominating The Market Share Of The Crypto Volumes
4.6.2019
Recently, eToro’s Senior Market Analyst- Mati Greenspan has pointed out the dominance of the stablecoin in the crypto market, and how they are “eating the market share of crypto volumes.” He based his tweet on the Binance research. Mati is a licensed portfolio manager in the EU, and he handles...
Game Creator Lucid Sight Bringing ‘Star Trek’ to the Blockchain
4.6.2019
Blockchain games developer Lucid Sight is teaming up with media firm CBS Interactive to bring "Star Trek" game play and collectibles to ethereum
Judgment Delivered in Favor of a Crypto Exchange in Israeli Supreme Court
4.6.2019
The Highest court of Israel has stated on 3rd June that bank Leumi cannot stop digital currency exchange Bits of Gold on the regulatory grounds to have an account as reported. Previously in 2018, the court had declared a temporary injection forbidding the major bank of the country from supporting...
Crypto Beats Fiat in Round the World Payments Race
4.6.2019
Four contestants are currently racing their way around the globe in a quest to reach Amsterdam first. The Payments Race runs westwards from London, circling the globe before finishing at the Money 2020 event in the Dutch capital today, June 4. In keeping with its theme, each contestant must use...
BitConnect Promoter Wanted Over Another Alleged Crypto Scam
4.6.2019
A promoter of the now-shuttered crypto fraud BitConnect has again been charged over a different claimed cryptocurrency scam