Israel Tax Authority Convinces Local Exchange to Report Big Traders

Tax agencies around the world keep applying pressure on bitcoin and crypto companies to make their operations transparent to them. The latest example comes from Israel, where a local exchange with over 50,000 clients has been convinced to report its bigger traders to the national tax authority. Also Read: Decentral Launches Its New Crypto Wallet … Read more

Coinbase Custody Notes Initial Interest From Hedge Funds and Family Offices

It would appear Coinbase’s custody service is already attracting a lot of positive attention. More specifically, the new custodial service piqued the interest of at least 10 hedge funds and family offices. This further confirms the growing demand for exposure to cryptocurrencies in general, which could lead to more positive developments for this industry. Coinbase’s … Read more

Swiss Regulators Aim to Give Crypto Firms Better Access to Financial Services

Switzerland is attempting to position itself as a hub for cryptocurrency activity. Surprisingly, it seems the country’s policymakers are intent on bridging the gap between cryptocurrency and traditional banking. Depending on how the current situation evolves, cryptocurrency firms may soon have full access to traditional banking services. Switzerland Embraces Cryptocurrency Multiple interesting cryptocurrency-related developments have … Read more

The Daily: Complicated Crypto Purchasing Puts Off US Investors, Analysis Confirms – ICOs Spike

Some potential investors find the process of acquiring cryptocurrencies rather complicated, according to a new survey conducted among US residents. Despite that finding, and other obstacles, another study confirms the recently reported increase in capital raised through coin offerings this year. Also in today’s Bitcoin in Brief, the Swiss city of Zug concludes successfully its … Read more

A ‘Boutique’ Approach: Unique Services for Traders Found at Smaller Exchanges

Why major crypto exchanges are not the silver bullet? What services do smaller scale exchanges win over their larger counterparts? A boutique approach proves to be more inclusive and sometimes more efficient than a mass-market approach. This is also true for the crypto space. The crypto exchanges space has been under scrutinize and debate for … Read more