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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...
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...
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...
German banks allowed to sell crypto assets in 2020
2.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 2 December, 2019 “The world breaks everyone, and afterward, some are strong at the broken places." - Ernst Hemingway In today's newsletter, we will be covering: Cisco winning a patent and seeks to […]
The post German banks allowed...
German banks allowed to sell crypto assets in 2020
2.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 2 December, 2019 “The world breaks everyone, and afterward, some are strong at the broken places." - Ernst Hemingway In today's newsletter, we will be covering: Cisco winning a patent and seeks to […]
The post German banks allowed...
German Banks Allowed to Sell and Custody Crypto Assets From 2020: Report
29.11.2019
From next year, banks in Germany will be allowed to offer the sale and storage of cryptocurrencies under new legislation
Bill for the Legalization of Crypto Assets Presented in Ukraine’s Parliament
20.11.2019
Recently, Ukraine’s Digital Transformation Ministry announced that a bill to modify the Tax Code of Ukraine and other laws related to tax assessment for crypto transactions, has been presented in the parliament, Verkhovna Rada. The agency’s press service recently said, “The bill...
UK Law Panel Defines Crypto Assets as Property
18.11.2019
A panel of senior British judges and lawyers has moved to clarify the legal status of cryptocurrencies and smart contracts
Public Statement Aims to Define Legal Status of Crypto Assets in the UK
18.11.2019
A U.K. legal organization published a statement concerning cryptocurrencies, DLT and smart contracts
How Crypto Assets Are Capturing the Attention Economy
14.11.2019
Human attention is a finite resource: we awake each day with it replenished, only for it to seep away through work, leisure, and time frittered idly browsing the web while circumventing ads. Recognizing the scarcity of maintaining human interest, attention economists have devised incentivized...
IOST and Troy Join Hand to Improvise the Troy Network
5.11.2019
The growth and development of the crypto industry have brought together many diversified partners together. This time it is the partnership between brokerage firm Troy and IOST, the decentralized blockchain network. IOST permits fast, easy and secure off-chain transactions with innovation...
Securities Commission Slams Down Einstein Exchange in Vancouver Amid Money Laundering Charges
5.11.2019
According to the press release by the BCSC or the British Columbia Securities Commission on November 4, the body has taken regulatory action against a Vancouver based cryptocurrency exchange, popular by the name Einstein Exchange. The company was incorporated in December 2017 as a cryptocurrency...
Britain’s Tax Authority Updates Crypto Guidelines
4.11.2019
Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities...
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...
Crypto Exchange Huobi Gearing Up to Completely Freeze Accounts of US Residents by November 13, 2019
3.11.2019
Huobi, the popular Singapore-based crypto trading exchange, has made an announcement through a post on its official website that it shall be freezing the accounts being operated by US residents with a view to restraining the activities of those investors who fail to comply with the User Agreement....
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...
A New Era For Crypto Tracking of Crypto Assets
1.11.2019
Michael Soussan is Marketing & Communication Manager at Blox, a crypto asset tracking, management and bookkeeping platform.
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Blockchain and cryptocurrency technology has rapidly expanded its global presence, creating conflict and excitement within the financial and technology industries. This...
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...
New IRS Guidance: How to Report Crypto Assets Accurately
31.10.2019
Here is everything you need to know about the IRS new guidance
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....