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Russian Tax Authority Registers Crypto as Part of a Company’s Capital


A company has blazed a trail in Russia, successfully convincing the country’s tax agency to accept that its equity capital now includes cryptocurrency. The change in the ownership distribution has been registered after the firm filed a set of notarized documents confirming a new investment...

Giant Indonesian Market Gets 'First' Regulated Local Crypto Exchange


Source: iStock/Bicho_raro An Indonesian cryptocurrency exchange platform named Tokocrypto says it has become the first platform to officially register with the country’s financial regulator, the Commodity Futures Trading Regulatory Agency (known locally as Bappebti). Recently introduced legislation...

Bitcoin and Altcoins Move Below Major Breakout Levels


Yesterday, there was a recovery wave in bitcoin price above the USD 7,000 resistance area. BTC/USD climbed above USD 7,200, but it struggled to break an important resistance near USD 7,350. At pixel time (09:43 UTC) it already trades below USD 7,000. Similarly, there was an upside correction...

‘Hack’ Worries as USD 79m of Altcoins Transferred from Upbit Accounts


South Korean cryptocurrency users say they are in a “state of confusion” after reports of a possible USD 79 million hack on market-leading crypto exchange platform Upbit. Per Chosun, a series of large altcoin transfers were made out of Upbit accounts at just after 1pm KST (4:00 UTC ) on November...

South Korean Committee Passes Bill Enforcing FATF Crypto Rules


South Korea’s national policy committee has passed an amendment establishing a legal framework for cryptocurrencies. It requires crypto exchanges and service providers to register with the country’s financial regulator and comply with the recommendations set by the Financial Action Task...

XRP Friendly Japanese Giant SBI Goes STO, Invests in Securitize


Japanese financial giant SBI Holdings has entered another crypto business by investing in major U.S. based security token platform Securitize. SBI "strongly believes in the future of digital securities," SBI Holdings CEO Yoshitaka Kitao was quoted as saying in a statement. "Japan’s economic...

Energy Costs of Crypto Mining and Tips to Save


Disclaimer: The text below is a sponsored article. _________ Mining cryptocurrency is not cheap, it costs a lot of energy. So much that some people don’t even think it’s worth it. But if you have the means and can mine bitcoin or another cryptocurrency successfully, there are ways to cut down...

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