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South Korea to Start Taxing Bitcoin Profits in 2021
South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. дальше »
2020-5-29 17:44 | |
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Why ‘Ok Boomer’ May Not Apply to the Cryptocurrency Industry
The fall of 2019 leading up until today has seen the rise of an incredibly popular meme among millennials: “okContinue Reading The post Why ‘Ok Boomer’ May Not Apply to the Cryptocurrency Industry appeared first on CoinMarketCap Blog. дальше »
2020-4-27 18:25 | |
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80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany
Amid the coronavirus pandemic and deepening financial crisis, the number of banks charging customers negative interest rates in Germany has accelerated. At least 80 banks now reportedly charge negative interest rates, 16 of which apply this policy to even small deposits. дальше »
2020-4-13 23:05 | |
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Why could GLBrain become a great solution to receive support during the crisis?
To support smaller and medium-sized businesses during the ongoing crisis, GLBrain offers services cost-free for all Austrians. In case of success, the policy will apply to more communities around the globe. дальше »
2020-4-8 21:31 | |
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Ethereum co-founder tells how to identify Satoshi Nakamoto
Charles Hoskinson believes that to reveal the identity of the development team of Bitcoin and Satoshi Nakamoto himself, it is possible to apply stylometry – a linguistic study of the style of handwritten text, which allows you to identify the author with high accuracy. дальше »
2020-4-8 19:00 | |
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Why could GLBrain become a great solution to receive support during the crisis?
To support smaller and medium-sized businesses during the ongoing crisis, GLBrain offers services cost-free for all Austrians. In case of success, the policy will apply to more communities around the globe. дальше »
2020-4-5 22:31 | |
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Introducing ARK Grants: a Development Incentive Program Backed by 1 Million ARK
ARK. io announces details of their newest developer incentive program, ARK Grants. 24th March 2020: Replacing the current ‘Tier 0’ Program, ARK Grants will allow their growing community of developers to apply for funding towards ARK based Proofs of Concept, Desktop Wallet plugins and full production-ready applications. дальше »
2020-3-25 23:00 | |
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Introducing ARK Grants: a Development Incentive Program Backed by 1 Million ARK
Bitcoin Press Release: ARK. io announces details of their newest developer incentive program, ARK Grants. 24th March 2020: Replacing the current ‘Tier 0’ Program, ARK Grants will allow their growing community of developers to apply for funding towards ARK based Proofs of Concept, Desktop Wallet plugins and full production-ready applications. дальше »
2020-3-25 22:16 | |
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Germany’s Bitcoin Group Welcomes Licensing for Crypto Custodians, Expects Competition From Banks
Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody activities in its home country, Germany. The providers of such services in the Federal Republic are now recognized as financial institutions. дальше »
2020-3-14 21:25 | |
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Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions
The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based on the country’s current legislation, taking into account the latest changes. дальше »
2020-3-4 06:10 | |
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Hong Kong and Abu Dhabi Change Crypto Regulations to Align With FATF
Hong Kong’s AML/CTF laws will apply to crypto exchanges and remitters, and dealers of precious metals and stones
дальше »2020-2-28 13:04 | |
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G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards
The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force. дальше »
2020-2-24 08:50 | |
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40 German banks apply to offer crypto custody services
Over 40 German banks have applied for the new crypto custodian license necessary for the provision of professional custody services. дальше »
2020-2-18 15:00 | |
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IRS Mute on Calls to Clarify Foreign Crypto Tax Reporting Rules
The U. S. Internal Revenue Service (IRS) is yet to clarify which Foreign Account Tax Compliance Act (FATCA) rules apply to crypto tax filings. Meanwhile, a U. S. Congress watchdog is saying aspects of the updated crypto taxation guidelines published by the IRS in 2019 are not enforceable. дальше »
2020-2-13 22:00 | |
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Tether (USDt) Adds Chainalysis KYT Tool to Improve Its AML Compliance
The famous stablecoin issuer Tether and the blockchain forensics company Chainalysis have closed a partnership for Tether to improve the tools that it uses against money laundering. The announcement that Tether will apply the token issuers’ Know Your Transaction tool from Chainalysis was made on Wednesday. дальше »
2020-2-13 19:48 | |
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40 Banks Apply To Offer Bitcoin and Ethereum Services
A recently passed law in Germany appears to have created a rush to market with a local paper stating 40 licensed banks have applied to offer crypto custody and services.... The post 40 Banks Apply To Offer Bitcoin and Ethereum Services appeared first on Trustnodes. дальше »
2020-2-9 20:16 | |
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Mercedes-Benz Taps Blockchain for Tracking CO2 Emissions Along Cobalt Supply Chain
Major car manufacturer Mercedes-Benz is running a pilot test using blockchain technology to track carbon dioxide (CO2) emissions across its cobalt supply chain. The project is the latest to apply decentralized ledger technology (DLT) for provenance and supply chain management (SCM) purposes. дальше »
2020-2-4 16:30 | |
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Historical Data Shows Bitcoin’s Low For 2020 is Already In At $6,800
Markets are cyclical and history repeats itself, and although Bitcoin is a very different kind of asset and the crypto market is anything but atypical, the same rules apply. According to historical data, Bitcoin either sets its high for the year or low for the year in January each year, suggesting that $6,800 was the... The post appeared first on NewsBTC. дальше »
2020-1-29 19:00 | |
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This Country is Now Open to Global Crypto Exchanges Expanding Locally
With Singapore’s Payment Services Act coming into effect, crypto exchange platforms can now apply for operating licenses in the country. Crypto Exchange Platforms Now Legalized in Singapore Back in September 2019, Singapore’s parliament passed the Payment Services, Bill, into law, creating the Payment Services Act with the new law coming into effect on Tuesday (January 28, 2019). дальше »
2020-1-28 12:31 | |
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Crypto Exchange Bithumb Takes Korean Tax Authority to Court Over $69 Million ‘Groundless’ Tax
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions. дальше »
2020-1-17 13:58 | |
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Bithumb Takes Korean Tax Authority to Court Over ‘Groundless’ Crypto Tax
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions. дальше »
2020-1-18 13:58 | |
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Decentralized Social Media: Classifying Sites In Five Categories
Social media censorship has become a pressing issue in the crypto world. Last week, YouTube banned several crypto-related channels. Though the site quickly rolled back its decision, other companies still apply harsh policies. дальше »
2019-12-31 04:17 | |
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MARKETS DAILY: Defeating the ‘Domination’ of the US Dollar
With bitcoin seemingly back to 'normal', we take a moment to look at historical adoption at the fringe and how it might apply to national cryptocurrencies. It's CoinDesk's Markets Daily. дальше »
2019-12-21 20:00 | |
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Thailand to Integrate Blockchain-Powered e-Visa for Better Security
Coinspeaker Thailand to Integrate Blockchain-Powered e-Visa for Better SecurityThailand, one of the most-visited countries in the world, will soon apply blockchain to its Electronic Visa On Arrival (eVOA). дальше »
2019-12-20 11:12 | |
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Monero Rejects FinCEN Identification Guidelines
Monero Compliance Workgroup published a statement suggesting that “The Funds Travel Rule” does not apply to XMR itself. Such a scenario limits scrutiny of Monero and preserves its privacy-enabling properties. дальше »
2019-12-14 11:42 | |
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Monero Does Not Interfere with FinCEN Identification Guidelines
Monero Compliance Workgroup published a statement suggesting that “The Funds Travel Rule” does not apply to XMR itself. Such a scenario limits scrutiny of Monero and preserves its privacy-enabling properties. дальше »
2019-12-15 11:42 | |
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Warning Letters Issued to Crypto Tax Evaders by Danish Tax Authority
As the definitions that cover cryptocurrencies evolve, countries have to decide how their taxes will apply. In Denmark, the tax authority has been pursuing consumers that have been avoiding the payment of their taxes that they should rightfully pay, due to their trading activity. дальше »
2019-12-11 17:25 | |
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PlanB: a million is inevitable. But in 2025
A PlanB analyst, who predicted several important Bitcoin market movements, made a new statement. PlanB is confident that Bitcoin will return to $ 10K before the end of this year. PlanB was the first to apply the stock-to-flow model to the crypto market, that is, the ratio of accumulated asset to those produced over the […] дальше »
2019-11-26 16:29 | |
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Blockchain to be regulated by China’s central bank
The People’s Bank of China (PBoC) wants to create a better standard for regulating new technologies in the financial industry. According to Xinhua News Agency, the regulations will apply to 17 different categories in the fintech industry, including blockchain, AI, and cloud services. дальше »
2019-11-21 17:50 | |
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OneCoin Founder’s Brother Arrested in Los Angeles Now Risks 90 Years in Prison
Konstantin Ignatov, brother of the missing Cryptoqueen founder of OneCoin, pleads guilty to actions related to the known scam and now faces 90 years in prison. According to a BBC report on November 14, Ignatov will not risk further charges and could apply to the US witness protection. дальше »
2019-11-15 14:00 | |
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Crypto wallet and bank app Cashaa adds support for USD accounts
Crypto wallet and banking service application Cashaa, has announced the launch of US dollar bank accounts for crypto businesses in partnership with Metropolitan Commercial Bank. Starting from November 25th, those interested can apply for US dollar accounts with full banking features through Cashaa from anywhere in the world, except for sanctioned countries. дальше »
2019-11-15 03:55 | |
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IRS Says Like-Kind Tax Exemption Does Not Apply to Crypto Transactions, Nor Did It Before 2018
An IRS official has said that taxpayers can’t defer taxes on cryptocurrency exchanges, not even for pre-2018 transactions. Things have been clear up until now: taxpayers can’t make like-kind exchanges when it comes to cryptocurrency trades that took place in 2018, as a result of the previous year’s tax overhaul. Like-kind exchanges are allowing taxpayers […] дальше »
2019-11-15 23:56 | |
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New Crypto Start-Up School by Andreessen Horowitz to Boost Education and User Adoption
Chris Dixon, a general partner at Andreessen Horowitz, has recently announced at the TechCrunch Disrupt event that the venture capital company would start a new project. Andreessen Horowitz is set to launch its own crypto school for startups. дальше »
2019-11-9 03:00 | |
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Ninja Regrets Naive Pre-Fire On Jarvis’ Fortnite Aimbot Cheat Ban
Tyler ‘Ninja’ Blevins weighs in on Jarvis Fortnite perma ban controversy. Thinks rules shouldn’t apply to content creators to protect their livelihood. Acknowledges comments were wrong and expresses regret. дальше »
2019-11-9 16:53 | |
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Hong Kong Introduces Licensing For Crypto Exchanges, OSL Claims To Be The First Crypto Exchange To Apply
Hong Kong has introduced new measures that seek to officially regulate the crypto exchanges operating within the city. The Securities and Futures Commission (SFC) in Hong Kong made public a draft regulatory regime on Nov 6, 2019, which will see the securities regulator grant operating licenses to crypto exchange firms, the Medium reports. Last year, […] дальше »
2019-11-7 22:21 | |
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Hong Kong Now Offers Opt-In Regulation to Crypto Exchanges
Hong Kong’s Securities and Futures Commission has established a new regulatory framework that allows crypto exchanges to opt-in to be licensed and regulated. Starting Wednesday, centralized trading platforms can apply for a license, providing they meet certain requirements including adequate measures for the safe custody of assets, insurance, hot and cold wallets, and private key […] The post Hong Kong Now Offers Opt-In Regulation to Crypto Exchanges appeared first on Bitcoin News. дальше »
2019-11-7 07:35 | |
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