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The European Securities and Markets Authority (ESMA) has announced that it will impose restrictions on the leverage offered for contracts-for-difference (CFDs) and binary options offered to European retail investors. Under the new measures, the leverage offered on cryptocurrency CFDs will be limited to no more than 2:1. Also Read: PBOC to Strengthen Cryptocurrency Regulations in 2018 … Read more
The chairman of the central bank of Kazakhstan said that the bank has prepared legislation to prohibit the sale and purchase of cryptocurrencies in the country as well as any kind of crypto mining, citing several risks he sees. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies National Bank’s Crackdown on Crypto … Read more
With the cryptocurrency markets getting a temporary reprieve, it is evident interesting things can happen. Judging by the previous weeks, this upward momentum will not last that long. For the Ethereum price, the question is whether or not remaining above $400 is in the cards. Right now, it seems that is a successful venture, but … Read more
It has become apparent that virtually every publicly traded company wants to get involved in blockchain technology. Doing so seems to give company share prices a healthy boost, although not all of these decisions work out well in the end. In the case of Longfin, its stock price is plummeting, and it will be removed from the Russell 2000 … Read more
While it is quite positive to see a lot of green on the cryptocurrency charts right now, it remains to be seen how long the momentum will last. Judging by the current Stellar price, things may effectively improve over the weekend. Then again, the day is not over just yet, as new bearish momentum is … Read more
Russian citizens are expected to pay 13 percent tax on their crypto-related incomes. Amendments to the tax code are currently being prepared. The exact rates should be confirmed by the end of the year. However, lawyers have warned that even now citizens risk criminal prosecution if they fail to report gains from dealings with cryptocurrencies. … Read more
The Brave browser has been a great tool to put cryptocurrency on the map. By removing annoying ads from the browsing experience, the software solution is certainly impressive. It seems Brave will soon become more compatible with existing Chrome extensions, although not all of them will be supported right away. A Massive Brave Update is … Read more
When dealing with Bitcoin and other cryptocurrencies, it is important to keep religious rules in mind at all times. Two Turkish imams found that out the hard way, as they have been fired over their Bitcoin activity. It’s a very strange turn of events, although it isn’t entirely surprising. The Fatwa Against Bitcoin Trading For those who are … Read more
Cryptocurrency transactions are still tax-free in South Korea due to a lack of tax regulations. As the law stands, citizens are able to profit millions of won from cryptocurrencies without being required to pay taxes on them. However, the regulators have set a tentative timeframe for the introduction of the crypto tax law. Also read: Japan’s … Read more
While the ICO industry is seemingly firing on all cylinders, the risks have not diminished by any means. In fact, it seems this situation has only become worse over time. With the mounting number of scams and defunct projects, it is evident something will need to change in the very near future. ICOs Need to Rethink … Read more
