Crypto

Business
Development
Finance
Technology
Trading

Fidelity Launching Crypto Custody Service Potentially in March 2019

Fidelity Investments Inc, the Boston based multinational financial services corporation, is looking to launch its crypto custody service in March 2019. Known as Fidelity Digital, the custody service will initially looking to store Bitcoin (BTC) for institutions, mainly hedgefunds according to Bloomberg. In a statement, a spokesman at Fidelity said; We are currently serving a […]

Read More
Finance
Legal
Public Sector

Crypto Tax in Chile to Starts in 2019

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 […]

Read More
Finance
Public Sector
Trading

Poland to Lower Crypto Tax rate to 19%

This year tax authorities in Poland will start to treat crypto trades similarly to revenues derived from the equity market, and, with a lower tax rate of 19%. Cryptonews reported that MSZTax, a Polish Tax advisory firm, stated: ..the [applicable] tax rate will be lowered from 32% to 19% for those investors whose revenues will […]

Read More
Business
Development
Technology

Samsung Applies for Crypto Wallet Trade Mark in UK

The South Korean conglomerate, Samsung, has applied for a crypto wallet trade mark in the U.K. according to the Intellectual Property Office. This suggests that Samsung will be looking to develop blockchain software that will support cryptocurrency payments. Samsung have previously boasted that cryptocurrency may be securely stored on its mobile phones because they use […]

Read More
Development
Finance
Technology

Cryptocurrency to Advance Payments in Africa

Currently, the African population does not have the ability to freely send and receive money locally and internationally efficiently. Stepping into the digital space of crypto currency, from mobile banking, will solve many day to day problems from paying electric bills to paying for services. George Gordon, the director of Africa Master Blockchain Company, is […]

Read More
Business
Development
Finance
Trading

Crypto Inactivity on Wall Street Hits Bitcoin Price

The Bitcoin (BTC) retail boom has taken its price to almost $20k this past year. Now, with the decentralised asset price hovering at approximately $4k, has the inactivity of institutions driven the price down? Bloomberg, has outlined several trade initiatives from the top tier Investment Banks, that has gained no significant traction or, did not […]

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.