It has been a troubling time for crypto exchanges over this past month. This time, Coinmama, a crypto broker based in Isreal, has announced that 450k email and passwords have been stolen and are up for sale on the dark web. They are currently working with cyber security teams to understand the scope of the […]
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BAPPEBTI has issued a ministerial regulation under No. 5/2019 for the implementation of physical markets for crypto assets in futures exchanges. Reported by the Jakarta Post, the regulation focuses governance principles for crypto asset trading, legal certainty and consumer protection. It also has a requirement to establish a physical market for crypto assets through electronic […]
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A memorandum of understanding has been signed between the Mexican government and Overstock’s Land registration division on the 4th of February 2019. In an article published by Nasdaq details about the agreement includes reference to a digital platform that will be developed to collect land registration information. Once all the information has been collected Overstock’s […]
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Following the sudden death of the Chief Executive Officer (CEO) Gerry Cotten, the founder of crypto exchange QuadricaCX, approximately $190 million CAD (Canadian Dollars) has been lost in cryptocurrency. As of the 18th of January 2019, the following balances were recorded in cold wallets: The full report details that have been released by Nova Scotia […]
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London based B2C2 OTC Ltd, founded in 2015, is an OTC electronic trading firm, that specialises in crypto currency trading. This week they have been granted approval by the Financial Conduct Authority (FCA) to deal in a derivative known as a Contract For Difference (CFD). B2C2 OTC’s CFD product gives exposure to Bitcoin (BTC), Bitcoin […]
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Yesterday the UK’s Financial Conduct Authority (FCA) have opened consultation for their policy document “Guidance on Cryptoassets“. They are seeking feedback from the public regarding how cryptoassets should be regulated in the UK. The consultation period is open until 5th April 2019, and the final policy statement due this summer. Guidance on Cryptoassets seeks to […]
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Trumps Shutdown of the United States Government has, amongst all the chaos, provided Bitcoin (BTC) an opportunity to gain ETF approval by the U.S. Securities Exchange Commission (SEC). According to Bitcoin.com, the U.S. SEC is due to make a decision on the Vaneck Solidx Bitcoin (BTC) ETF next month, and, the deadline cannot be further […]
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Starting this year, crypto investors in the South American nation of Chile, will have to start declaring and paying tax on their earnings last year, in 2018. Originally, the tax agency of Chile Servicio de Impuestos Internos SII, declared last year that cryptocurrencies were not subject to Value Added Tax (VAT). However, the tax agency […]
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The South Korean government, has added Blockchain to its research and development tax credit scheme, to aid innovation in the area. The tax relief is scheduled to be implemented in February 2019 according to the document published. The tax credit means that for small enterprises 30 – 40% of research and development expenses would be […]
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For those around Paris, that long-awaited moment of being able to purchase Bitcoin (BTC) along with a pack of fags has become a reality. Reported yesterday by Reuters, Keplerk–a fintech company–have now installed 6 Bitcoin ATM units around Paris. They hope to have 4,500 Tabacs (tobacconist shops) enrolled by February. Some people find it complicated […]
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The Wall Street Journal has published a report identifying 513 cryptocurrency offerings (ICOs) which they regard as having questionable content either publicly available or in their whitepaper. Textual analysis was done against thousands of ICO whitepapers in order to flag: Duplicated language from earlier paper Regulators scrutinized project Misrepresented or faked team No team disclosed […]
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It’s been a rough year for Craig Wright. Having sided with Bitcoin SV in the Great-Bitcoin-Cash-Fork-of-2018 and acting with threats, bullying, and other lowbrow tactics has done him few favours. The controversy behind the Bitcoin Cash (BCH) fork has left BCH and BSV market prices and Wright’s reputation in tatters. The pain continues for Wright, […]
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Her Majesty’s Revenue and Customs UK (HMRC) have published today a policy paper on the tax treatment of cryptoassets for individuals in the UK. As expected, cryptoassets are viewed to be taxable: trades and other disposals should have capital gains taxed. This includes crypto-to-crypto trades. Key amongst the guidance is the following statement to clarify […]
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The Commodity Futures Trading Commission (CFTC), is looking for additional feedback from the public, before the token can join Bitcoin (BTC) in the futures market. Although in June 2018, the Securities Exchange Commission (SEC), announced that Ethereum (ETH) was not a security the CFTC is still not comfortable with the decision. More details have been […]
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