UK's new crypto-tax guidance refuses to recognize Bitcoin as money

2019-11-4 09:32

With a surge in the popularity of cryptocurrencies, regulatory authorities from across the globe have been renewing their laws pertaining to cryptocurrencies. The United Kingdom is the latest to do soThe post UK's new crypto-tax guidance refuses to recognize Bitcoin as money appeared first on AMBCrypto.

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Litecoin Summit: Central banking should be eliminated, says Ron Paul

“Separate money from the state” These words came from Former Republican Congressman and Presidential candidate, Ron Paul, at the Litecoin Summit on 28 October in Las Vegas. Paul, a supporter of the cryptocurrency movement and blockchain tech, had previously stated that “cryptocurrencies are a great idea,” adding that he believes that the only role the […] The post Litecoin Summit: Central banking should be eliminated, says Ron Paul appeared first on AMBCrypto.

2019-10-29 18:00


Statizex ICO

We defined our development strategy based on empirically acquired knowledge and on the analysis of the work of existing platforms. We spent a lot of time, effort and money developing the statizex platform, faced many challenges and solved many technological issues during its creation, this allowed us to develop a trading platform that fully meets the modern market requirements and high modern technological standards of speed and safety.

2019-10-24 21:03


Bitcoin remuneration questions use as medium of exchange v/s store of value

Andreas Antonopoulos, the author of Mastering Bitcoin, recently spoke about Bitcoin as a medium of exchange, a unit of account, and a reserve currency during a Q&A session on YouTube. When asked about whether Bitcoin could be a standard for other cryptocurrencies, the same way Gold was for money, Antonopoulos highlighted that this was already […] The post Bitcoin remuneration questions use as medium of exchange v/s store of value appeared first on AMBCrypto.

2019-10-20 12:48


Bitcoin use for illicit activities is only 2%, while 21% transactions are lawful and 77% are unclassified

Cryptocurrency adoption around the globe has been on the rise as regulators and governments realized that it cannot be banned completely. However, one of the major roadblocks toward widespread adoption has been the views of a few naysayers who have often claimed that the nature and technology behind cryptocurrencies made it easier for money laundering […] The post Bitcoin use for illicit activities is only 2%, while 21% transactions are lawful and 77% are unclassified appeared first on AMBCrypto.

2019-10-6 18:00


Exchange and Spend Crypto as Easily As Cash with HOLD Crypto Exchange and Debit Card

One of the biggest barriers in the adoption of cryptocurrencies by an average person is the tedious method of acquiring crypto and subsequently using them for day to day activities. Jumping through hoops of Know Your Customer (KYC) and Anti Money Laundering (AML) checks only lands the interested person on an exchange that makes it […] The post Exchange and Spend Crypto as Easily As Cash with HOLD Crypto Exchange and Debit Card appeared first on NullTX.

2019-10-2 17:30


Coincover Becomes First Startup to Provide Cryptocurrency Insurance Against Theft And Loss

Coincover, a Cardiff based startup has become the first of its kind service provider to offer insurance against theft and loss of cryptocurrencies as reported by a local publication wales247. Cryptocurrencies are often proclaimed to be one of the finest forms of money, however managing these digital currencies is a daunting task, be it keeping […]

2019-9-25 19:21


Netki extends TransactID solution for FATF “Travel Rule” compliance

Netki extends TransactID solution for FATF “Travel Rule” compliance - CryptoNinjas Netki, a provider of ID validation for transactions utilizing a secure, encrypted, private connection based on BIP 75, today announced its TransactID solution has been updated to address the new regulatory guidance from FATF, FINMA, and FinCEN, which requires Money Services Businesses, trading cryptocurrencies, to comply with the “Travel Rule.

2019-9-9 19:18


Dutch Central Bank cites crypto’s vulnerability to financial crimes; orders its supervision of the industry

As concerns around money laundering and terrorism financing grow, crypto-regulations have started to gain momentum. These concerns have now reared their head in The Netherlands. Due to cryptocurrencies not being fully regulated in the country, crypto-managing companies were not previously required to report to regulatory bodies.

2019-9-3 14:22


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Swiss Regulator Issues Guidance for Blockchain and Cryptocurrency

FINMA, the financial market regulator in Switzerland, has released a guide in line with FATF rules in order to target KYC/AML compliance for blockchain payments companies and cryptocurrencies. Any party that transacts in cryptocurrencies or transmits money over the blockchain is liable to comply with existing money laundering regulation in Switzerland, August 26, 2019.

2019-8-27 01:00


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Ethereum ETF chances 'slim to none' as SEC considers ETH 'security'

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What's in store for XRP as XRPL development activity picks up pace?

The increase in development activity had little to no effect on XRP's price. A good buying opportunity might have presented itself, on-chain data revealed. Development activity on the XRP LeThe post What's in store for XRP as XRPL development activity picks up pace? appeared first on AMBCrypto.