Legal

Exchange
Finance
Legal
Trading

SEC Delays VanEck/SolidX ETF Decision Until February

The SEC has confirmed yesterday that it would be delaying its decision on the VanEck/SolidX ETF. They will delay until the final date possible, 27 February 2019.  Full statement can be read here. This has come as no surprise to much of the public, who have been expecting the SEC to drag its heels delay for further […]

Read More
Finance
Legal
Trading

Japan to Tackle Crypto Tax Evasion

The Japanese government will be looking to establish a system to prevent tax evasion from those who have made big profits from cryptocurrency trading. Profits from crypto trading in Japan will be classified as miscellaneous income under the Income Tax Act. The employed who gain 200k yen a year in crypto earnings are required to […]

Read More
Business
Development
Finance
Legal

South Korea to Tax ICOs and Cryptocurrencies

Although Initial Coin Offerings (ICOs) are banned in South Korea, the government is planning to tax cryptocurrencies and initial coin offerings (ICOs). According to The Korea Times, finance minister Hong Nam-ki, announced “A task force consisting of experts from relevant government agencies including the National Tax Service and the private sector will be formed to […]

Read More
Business
Legal
Politics
Public Sector

Crypto Reviews For Sale: More Common Than You Think

Reuters has published a special report that reveals how social media personalities (influencers) are charging thousands for positive reviews, without labelling them as sponsored content. The report indicates the practice is far more common than generally known. Shilling, the promotion of coins, is taken to a dangerous level, when unethical influencers are involved. Hacken paid $7,500 […]

Read More
Business
Finance
Legal

Crypto Collapse Continues with Bitcoin Cash Down 40%, Here are the 3 Main Causes..

The past 24 hours has been punishing to investors, with Bitcoin (BTC), breaking through the $5k barrier yesterday, for the first time in 2018. Bitcoin Cash (BCH) has dropped over 44% with all altcoins now in free fall. What on Earth is driving this? Here are the main 3 reasons, also outlined in forbes;   The […]

Read More
Development
Finance
Legal
Social Sector

South Korean Lawyers Campaign for Cryptocurrency Laws

The Korean Bar Association has campaigned publicly to establish a legal framework for blockchain based virtual currencies. Reported by Reuters, the move is to help advance the the blockchain technology within the country and protect investors. The South Korean government has said it would decide its position on cryptocurrency regulation only after further examination. This is […]

Read More
Business
Development
Finance
Legal

France Looking to Ease Capital Gains Tax on Bitcoin

The lower house of parliament in France has backed plans to ease tax gains on Bitcoin (BTC). Announced by Reuters, the finance commission in France has passed an amendment to the 2019 budget bill, that would reduce the capitals gains tax to 30%. Currently, the capital gains tax on Bitcoin (BTC) is at a higher […]

Read More
bitfudge
Business
Finance
Legal
Social Sector

Half of Crypto News Outlets Willing To Accept Bribes to Promote ICOs

A revealing investigation by Breaker has uncovered that half of the media outlets approached would take money to promote something, without clearly labelling it as sponsored content. Some would even accept directed content from the sponsors. In an exercise designed to test their journalistic integrity, they contacted 24 cryptocurrency media outlets asking if they would […]

Read More
Business
Exchange
Legal

Kraken Delisting ICONOMI: Last Orders October 31st

Kraken has announced that they will be delisting the cryptocurrency ICONOMI (ICN) before the end of this year. In an e-mail sent to users today, it stated: The delisting is a result of ICONOMI’s restructuring and move towards a token-based shares model. ICN will be converted into eICN or Ethereum (ETH). eICN will be a […]

Read More
Business
Finance
Legal
Politics
Public Sector

Spain: New Law Requires Disclosure of all Crypto Holdings

The Spanish Ministry of Finance has announced earlier this morning that Spain has approved a law requiring all citizens to declare any crypto-asset holdings. Part of a draft of an anti-fraud law, it has been approved by the Council of Ministers today. The move is said be an attempt to close legal loopholes wherein citizens […]

Read More
Business
Exchange
Finance
Legal

FSA in Japan Gives Crypto Self Regulated Status

According to Reuters, the Financial Conduct Authority (FCA) in Japan has made the decision to grant the cryptocurrency industry self-regulatory status. This will allow the Japan Virtual Currency Exchange Association to sanction exchanges for any violations. It is claimed that the self regulatory rules are stricter than the current law. This would, therefore, allow more […]

Read More
Business
Exchange
Legal

ShapeShift Hits Back at WSJ: Ommissions and Deception

In a post published yesterday, ShapeShift CEO, well-known developer and Bitcoin advocate Erik Voorhees has hit back at Wall Street Journal’s claims that ShapeShift had been used to launder $9 million USD. Phrases such as “false pretenses”, “omitted relevant information”, “factually incorrect” and “deceptive” are used by Voorhees to describe the WSJ’s article (paywall). Overall, […]

Read More
Phillip Hammond, Chancellor of the Exchequer
Business
Legal
Politics
Public Sector

Smooth Trade Post-Brexit? Look to Blockchains, says Hammond

At the Conservative Party Conference in Birmingham this Monday, Britain’s Chancellor of the Exchequer Phillip Hammond suggested that blockchain technology is an obvious area to look into for easing the friction at the Irish border: There is technology becoming available (…) I don’t claim to be an expert on it but the most obvious technology […]

Read More
Disclaimer: Investing in cryptocurrencies involves risk and should be based on advice from qualified financial professionals. You can incur substantial losses: consider whether this is in line with your investment objectives and circumstances. Posts are based on the authors' opinion and accurate to the best of our knowledge. Our posts are not independent/financial/investment advice, nor endorsements of any product/asset/service. We try to maintain the accuracy of our information however we rely on external data which may include errors. We are not liable under any circumstances for loss or damage as a result of using our information or services.