France Approves First ICO

The French financial markets regulator, the Autorité des Marchés Financiers (AMF), has made its first initial coin offering (ICO) approval. While token sales remain legal as a fundraising option in France, only those that have been approved by the AMF may be marketed directly to the public. Also read: France Adopts New Crypto Regulation France’s … Read more

Indian Crypto Community Gathers to Dispel Confusion About Regulation

As the Indian government deliberates on the country’s crypto policy, there has been some confusion in media reports regarding crypto regulation in India. A group of local crypto enthusiasts and community members have gathered in an effort to ensure that the crypto situation in India is accurately portrayed. Also read: Indian Lawmaker Says ‘Cryptocurrency Is … Read more

New Ukrainian Law Says ‘Virtual Assets’ Can Be Used for Payments

The Verkhovna Rada, Ukraine’s legislature, has approved amendments that introduce legal terms and definitions pertaining to the crypto space. The new legislation, which aims to transpose the FATF standards into national law, also identifies who is to take responsibility for the oversight of cryptocurrencies in the country. Also read: Crypto Startups to Get up to … Read more

10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS

On July 26, the U.S. Internal Revenue Service (IRS) announced that the tax agency has started sending letters to American cryptocurrency owners advising them to pay their taxes. According to the organization, three types of letters will be sent to more than 10,000 taxpayers by the end of August. The news follows the recent IRS … Read more

Node40 Executive Explains What to Expect When the IRS Issues Its New Crypto Policy

Last May, the U.S. Internal Revenue Service (IRS) revealed it would be issuing new tax guidance and rules about the tax treatment of digital assets and forks. IRS Commissioner Charles Rettig told congressional leaders that the agency has made it a priority to issue crypto-related tax guidance. This week news.Bitcoin.com spoke with Sean Ryan, CTO … Read more

Menu.cash Allows Diners to Create Table-Specific Orders and Pay With BCH

Menu.cash is a new Bitcoin Cash (BCH) application that allows food establishment owners to set up online menus that are tied to table-specific QR codes. The QR redirects to the venue’s menu and patrons can simply choose the items they want and settle the bill in minutes using BCH for payment. Also read: Examine the … Read more

Lithuania Central Bank’s Policy Update Opens the Door for Crypto Payments

The central bank of Lithuania has updated its position on cryptocurrencies and tokens issued through initial coin offerings. The regulator has revised the definition of these assets specifying the conditions under which financial institutions can operate with digital money and accept crypto payments. Also read: Court Rules Brazil’s Bitcoin Max Exchange Can Keep Bank Account … Read more

Hong Kong Regulator Announces New Plans for Cryptocurrency Industry

The Securities and Futures Commission of Hong Kong has announced new plans to regulate the cryptocurrency industry. The regulator issued two circulars on Thursday outlining new rules for crypto exchanges as well as crypto asset portfolio managers, intermediaries, and fund distributors. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Regulatory Approach The Hong … Read more

PR: SoPay – Blockchain Payment Platform Lists on Three Major Exchanges to Create Digital Assets “Alipay”

SoPay has announced its arrival in three exchanges (CoinEx, Gate.io and BCEX) with an emphatic announcement of the trading contest that will feature 30 million SOP tokens. SoPay is a new blockchain payment platform that brings a disruptive experience in the money market. Also, it has innovative operating models that it wants to leverage to … Read more