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Poles Hit With Backdated Tax on Crypto Trades
16.12.2019
Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) is applicable to digital asset trades conducted before the introduction of last year’s moratorium on its collection, the Polish...
Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy
16.12.2019
In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other...
Fidelity Digital Assets possibly adding ETH support
16.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 16 December, 2019 “Peace begins with a smile.” - Mother Theresa In today's newsletter, we will be covering: Chinese courts using blockchain technology to settle cases Tether sponsoring new version of Bitcoin tokenization layer...
German Banks Increasingly Charging Retail Clients Negative Interest Rates
16.12.2019
A growing number of banks in Germany are charging retail customers negative interest rates, starting with the very first euro deposited into their accounts. At least three German banks are reportedly doing so, with more expected to follow suit in the near future. As the European Central Bank...
Uphold Users Gain Access to Salt’s Crypto-Backed Loans
16.12.2019
Uphold users have gained access to loans from Salt Lending using crypto holdings such as bitcoin cash (BCH) as collateral. The digital money platform has more than 1.5 million users globally and has powered over $5 billion in transactions. Also Read: Nexo Now Offers Bitcoin Cash Instant Crypto...
Maduro Plans to Airdrop Petro to Municipal Leaders and Eligible Citizens
15.12.2019
The president of Venezuela, Nicolás Maduro wants the nation state-issued cryptocurrency, petro (PTR) to have the same usability properties as a physical currency. On December 13, Maduro explained on national television that the Superintendence of Crypto-Assets and Related Activities (Sunacrip)...
Bitcoin Floats Around $7,100 as Top Altcoins See Slight Growth
15.12.2019
Bitcoin hovers around the $7,100 mark again, as most of the top 20 cryptocurrencies are reporting slight growth
China-like Digital Fiats to End Dollar Dominance
15.12.2019
Cash of the titans.
Artistdesign29
One of the hottest topics in cryptocurrencies is the prospect of major economies launching state-backed digital coins. China’s central bank recently accelerated plans for what is currently known as the Digital Currency Electronic Payment (DCEP)....
Fidelity Digital Assets to Consider Rolling Out Ether Support in 2020
15.12.2019
Fidelity Digital Assets plans to add support for Ether next year subject to sufficient demand, said the firm’s president
Bitcoin.com Exchange Lists More Tokens for Trading
15.12.2019
Bitcoin.com Exchange was launched in early September 2019 as an easy-to-use platform with world-class security and a powerful trading engine. The venue has rapidly expanded its roster and now offers 27 different digital tokens for users to trade. Two of the latest additions to the exchange are...
Indian Lawmaker Says ‘Cryptocurrency Is Inevitable’
15.12.2019
Indian Parliament member Dr. Subramanian Swamy has shared his view on cryptocurrency. Advocating for India to make the transition to crypto, he reportedly said, “cryptocurrency is inevitable.” The lawmaker will chair a conference at the UN India’s headquarters next week where...
PayPal Sues Consumer Protection Agency for ‘Confusing’ Digital Wallet Rules
14.12.2019
PayPal sues U.S. Consumer Financial Protection Bureau for allegedly confusing rules regarding digital wallets
Lessons From the First Digital Gold Boom
14.12.2019
Long before crypto, there was digital gold. The boom of the mid-1990s has echoes for today
Accenture Picked to Build Sweden’s E-Krona Digital Currency Pilot
13.12.2019
Sweden has picked Accenture to handle its e-krona digital currency pilot
Sweden's Central Bank to Partner with Accenture to Launch E-Krona
13.12.2019
Sweden’s central bank is making plans to create a pilot platform for a digital currency known as the e-krona
German Bank Launches Digital Assets Unit to Offer Custody Products
13.12.2019
Berlin-based solarisBank has opened a subsidiary to offer a white-labeled custody product to nonbanks interested in offering crypto products
Lagarde Sees Demand for Stablecoins, Plans to Put ECB ‘Ahead of the Curve’
13.12.2019
At her first press conference as head of the European Central Bank (ECB), Christine Lagarde outlined her plans to lead the ECB “ahead of the curve” in the field of digital currency. “There is clearly a demand out there that we have to respond to,” she said, referring...
‘New Risks’: Swiss Government Skeptical on Central Bank Digital Currency
13.12.2019
A digital Swiss franc would do more harm than good and bring financial risks, according to the nation's government
Mainstream Investment Vehicles Tied to Cryptocurrencies Grow Exponentially
13.12.2019
These days bitcoin and a variety of other digital assets are now being traded as funds and traditional equity holdings. The landscape of crypto investment vehicles has changed significantly as institutional and retail investors don’t need direct exposure to cryptocurrencies in order to invest...
German Fintechs Rush to Offer Crypto Custody Services Under New Law
13.12.2019
Fintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer and trade cryptocurrencies next year. Berlin-based Solarisbank has established a subsidiary that will...