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Cryptocurrency’s resistance to government control is countered by the fact that a number of governments, including Chile, Romania, Spain and South Africa, are looking to cash in by taxing crypto assets. These countries are crafting laws that bind citizens to annually disclose cryptocurrency investments that, in some cases, are held at home and abroad, and … Read more
Romania has amended its tax laws, allowing it to start taxing gains from bitcoin investments at a rate of 10 percent. The improved fiscal code legislation categorizes earnings generated from buying and selling cryptocurrencies as “income from other sources” and therefore subject to income tax, local media reports. Also read: Falcon Private Bank Launches Crypto Wallet … Read more
Eastern European peer-to-peer (P2P) markets have seen a spike in trading activity, with the Russian, Ukrainian, Romanian, and Kazakh Localbitcoins markets posting the strongest volume in over 12 months when measured in cryptocurrency. Also Read: Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018 Russian P2P Markets Post Strongest Trade in 19 Months During the … Read more
The founder of Romanian cryptocurrency exchange Coinflux will reportedly be extradited to the United States, based on multiple allegations Go to Source Powered by WPeMatico
The Romanian judiciary has decided to hand over to U.S. authorities the founder and CEO of Coinflux, one of the country’s cryptocurrency exchanges. Vlad Nistor has been accused of a number of crimes including the laundering of illicitly obtained funds through his digital asset trading platform. Also read: Russians See Growing Number of Options to … Read more
The CEO of crypto exchange Coinflux was reportedly arrested for fraudulent activity on a warrant from the U.S. Go to Source Powered by WPeMatico
The Cointext SMS Bitcoin Cash (BCH) wallet continues its rapid expansion around the world. Residents of one more country in South America and three more in Europe now have access to the service, which allows users to send money to mobile phone numbers or BCH addresses without an internet connection, additional accounts or the need … Read more
A draft ordinance aiming to regulate the issuance of “electronic money” has been presented in Romania. The document authored by the Finance Ministry specifies the entities that can act as issuers and clarifies the conditions under which e-money can be emitted. While it does not specifically mention cryptocurrencies, some of its definitions and provisions can … Read more
Romanian authorities have published a draft bill to regulate the issuance of electronic money within the country Go to Source Powered by WPeMatico
In today’s Bitcoin in Brief – crypto traders are in trouble due to issues with the trading platforms they have trusted. Hacked Italian Bitgrail exchange is closed again after a brief reopening. It suspended operations on request from the court of Florence, following a petition filed on behalf of one of its creditors. Also, beleaguered … Read more
