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Nalezeno "Virtual": 1647

Croatian Post Now Offers Crypto Exchange Service at 55 Branches

12.12.2019
Croatian Post, the biggest provider of postal services in the Republic of Croatia, is now offering a cryptocurrency exchange service at 55 post offices throughout the country. Currently, five cryptocurrencies are supported. This follows a successful implementation and positive results of a pilot...

Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners

11.12.2019
The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their crypto transactions; it recently obtained information on these...

Bakkt Launches Bitcoin Options in US, Futures in Asia

10.12.2019
Bakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been traded in Asia. The platform now offers four types of regulated bitcoin derivatives products: monthly and daily physically delivered bitcoin futures...

China Releases Year-End Crypto Rankings

10.12.2019
China’s Center for Information and Industry Development has published its year-end crypto project rankings. Thirty-five projects were evaluated and ranked overall as well as in three separate categories. Bitcoin has risen in ranking while EOS remains China’s favorite. Also read: China...

IRS Now Requires Tax Filers to Disclose Crypto Activities

9.12.2019
The U.S. Internal Revenue Service (IRS) has finalized and put in use a new tax form that requires crypto owners to declare whether they received, bought, sold, exchanged, or acquired any cryptocurrencies in 2019. Tax experts are frustrated at the vagueness of the tax agency, with some questioning...

New Ukrainian Law Says ‘Virtual Assets’ Can Be Used for Payments

9.12.2019
The Verkhovna Rada, Ukraine’s legislature, has approved amendments that introduce legal terms and definitions pertaining to the crypto space. The new legislation, which aims to transpose the FATF standards into national law, also identifies who is to take responsibility for the oversight...

Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money

8.12.2019
Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. Also read: Swiss...

SEC Approves Bitcoin Futures Fund

7.12.2019
The U.S. Securities and Exchange Commission (SEC) has approved an investment fund that will invest in bitcoin futures contracts. SEC Commissioner Hester Peirce calls this move “a bit of progress.” The SEC has also revealed why it decided to approve such a fund. Also read: Swiss Licensed...

Boerse Stuttgart’s Crypto Exchange Live for All Traders in Germany

7.12.2019
Germany’s second-largest stock exchange, Boerse Stuttgart, has opened up its cryptocurrency trading platform to all interested traders in the country. This move follows the passing of a bill allowing banks in Germany to sell and hold cryptocurrencies for their clients starting next year. Also...

Banks Are Cutting 75,700 Jobs Worldwide

4.12.2019
Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank...

Japan Virtual Currency Exchange Association Signs MOU With IDAXA

8.11.2019
The Japan Virtual Currency Exchange Association (JVCEA) has inked a Memorandum of Understanding (MoU) and entered into a partnership with the International Digital Asset Exchange Association (IDAXA). The signing of the MoU by JVCEA marks the eighth national trade association in the sector to align...

OSC Commissioner Debunks Arguments Against Bitcoin, Green-Lights Bitcoin Fund

4.11.2019
A commissioner of the Ontario Securities Commission (OSC) has debunked the arguments against bitcoin used to deny the public offering of The Bitcoin Fund. Among others, the commissioner rules that bitcoin is neither illiquid nor more susceptible to manipulation than other commodities, real volume...

23 Central Banks Divulge Their Digital Currency Requirements

2.11.2019
Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their...

Korean Presidential Committee Pushes to Legalize Crypto

31.10.2019
A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change. Also read: China Ranks 35 Crypto...

Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq

30.10.2019
Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters....

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