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Japan’s leading cryptocurrency exchange Bitflyer has launched in Europe after obtaining a license to operate in the European Union. The exchange currently supports BTC/EUR trading, with a plan to add other cryptocurrencies later on this year. Also read: Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March Bitflyer Launches in Europe Bitflyer … Read more
The South Korean government is working on taxing cryptocurrency transactions. While the media reports that up to 24.2 percent taxes will be collected this year from crypto exchanges, the regulators say that the tax rates have not been decided. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations What Tax Rates Apply To … Read more
The bill for the regulation of cryptocurrencies in Russia submitted by the finance ministry and the central bank requires State Duma deputies to declare their cryptocurrency investments. Currently, government officials are not required to declare their crypto holdings, according to a recent announcement by the Russian Ministry of Labor. Also read: Cryptocurrency Activities Will Be … Read more
The Indian tax authority has sent notices to cryptocurrency investors after discovering that some crypto investments are not reflected on tax returns. The government conducted a survey of crypto trading at the country’s 9 exchanges and found that more than $3.5 billion worth of transactions were traded over a 17-month period. Also read: Despite Multiple Government … Read more
The U.S. Commodity Futures Trading Commission has filed charges against three separate companies for engaging in fraudulent schemes involving cryptocurrencies. The cases include fraud and misappropriation of bitcoin and litecoin. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations CFTC Sues Crypto Operators The U.S. Commodity Futures Trading Commission (CFTC) filed civil … Read more
A South Korean lawmaker has shown how the government’s announcement policy enabled market manipulation last week following the news of possible cryptocurrency trading shutdown. According to his evidence, reporters and officials had 40 minutes to buy the dip as the price of bitcoin in Korean won reversed and rallied. Also read: South Korean Officials Caught Trading … Read more
Bitcoin is under heavy surveillance on Bali, an island in the Indonesian archipelago, according to local reports. #NEWS Go to Source Powered by WPeMatico
Russia’s national cryptocurrency, the cryptoruble, is unlikely to be created in the foreseeable future, according to the Bank of Russia. The central bank believes that it could be used to bypass regulations. Meanwhile, the finance ministry wants to use the cryptoruble for cross-border payments. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto … Read more
South Korean banks have been providing virtual account services to cryptocurrency exchanges and earning commissions from them. According to data obtained by the country’s Financial Supervisory Service, banks made 36 times more in commission income from crypto exchanges last year than the previous year. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto … Read more
Fighting conversion fees: Singapore-based company intends to ease Digital Currency Converting by introducing a new debit card. #SPONSORED Go to Source Powered by WPeMatico
