An independent blockchain group from India, IndiaBits, recently published official documents issued by Indian Income Tax Authorities. These documents are tax notices being sent to crypto investors and traders across the country. Indian IT Department Sends Notices to Crypto Traders/Investors Despite the recent draft of the cryptocurrency regulation bill, India’s regulatory stance on cryptocurrency is
An independent blockchain group from India, IndiaBits, recently published official documents issued by Indian Income Tax Authorities. These documents are tax notices being sent to crypto investors and traders across the country. Indian IT Department Sends Notices to Crypto Traders/Investors Despite the recent draft of the cryptocurrency regulation bill, India’s regulatory stance on cryptocurrency is
The Financial Action Task Force might be aiming to go all-in into the crypto space with the ultimate aim of achieving the impossible – eliminating anonymity from Bitcoin transactions. It has also devised a plan for this goal. In what could be described as a synergistic performance, within the last year, financial regulators around the
The Financial Action Task Force might be aiming to go all-in into the crypto space with the ultimate aim of achieving the impossible – eliminating anonymity from Bitcoin transactions. It has also devised a plan for this goal. In what could be described as a synergistic performance, within the last year, financial regulators around the
Indian crypto regulatory report has shaken up crypto startups, investors and enthusiasts of the country. While July 23 hearing was the most-awaited date for Indian crypto community, the case was then listed on July 24. However, this also not seems fortunate enough for Indian crypto community as India has released a new tentative date of
Indian crypto regulatory report has shaken up crypto startups, investors and enthusiasts of the country. While July 23 hearing was the most-awaited date for Indian crypto community, the case was then listed on July 24. However, this also not seems fortunate enough for Indian crypto community as India has released a new tentative date of
The Indian Authorities have always been unclear about their stand on cryptocurrencies. However, they are actively adopting an opposing stand since the last couple of years. It began with the banning of banking services to businesses and entities engaging in Virtual Currency transactions in June 2018. Nevertheless, P2P exchange platforms still flourish as crypto enthusiast
The Indian Authorities have always been unclear about their stand on cryptocurrencies. However, they are actively adopting an opposing stand since the last couple of years. It began with the banning of banking services to businesses and entities engaging in Virtual Currency transactions in June 2018. Nevertheless, P2P exchange platforms still flourish as crypto enthusiast
Recently, the SEC in the US released a new set of guidelines on 8th July 2019, specifically for cryptocurrencies service providers. The SEC regulations have kept the start-ups under a lot of doubts for the current guidelines have failed to cover cryptocurrencies. According to their new press release, the SEC will view custody arrangements and
Recently, the SEC in the US released a new set of guidelines on 8th July 2019, specifically for cryptocurrencies service providers. The SEC regulations have kept the start-ups under a lot of doubts for the current guidelines have failed to cover cryptocurrencies. According to their new press release, the SEC will view custody arrangements and
The V20 Summit, a Virtual Asset Summit that was held on 28-29th June in Osaka, Japan has attempted to identify the challenges and guidelines VASPs must adhere to. VASPs or Virtual Asset Service Providers primary includes cryptocurrency Exchanges, custody firms, wallet providers, etc. The ‘Travel Rule’ Imposition Proposal by FATF In their declaration to develop
The V20 Summit, a Virtual Asset Summit that was held on 28-29th June in Osaka, Japan has attempted to identify the challenges and guidelines VASPs must adhere to. VASPs or Virtual Asset Service Providers primary includes cryptocurrency Exchanges, custody firms, wallet providers, etc. The ‘Travel Rule’ Imposition Proposal by FATF In their declaration to develop
The US Government has spoken on the release of the Whitepaper on Facebook’s cryptocurrency, and it does not sound like good news. Reportedly, a U.S. Senate-House lawmaker has asked for ceasing all developments on Libra until a company executive testifies before the Congress. Maxine Waters, who chairs the House Financial Services Committee has passed the
The US Government has spoken on the release of the Whitepaper on Facebook’s cryptocurrency, and it does not sound like good news. Reportedly, a U.S. Senate-House lawmaker has asked for ceasing all developments on Libra until a company executive testifies before the Congress. Maxine Waters, who chairs the House Financial Services Committee has passed the
The Reserve Bank of India, India’s central banking authority, has denied any knowledge of the proposed ban on cryptocurrency by the Indian Government. Varun Sethi, an Indian lawyer, filed a Right to Information (RTI) request with the Reserve Bank of India regarding the ban. The Banks responded by denying any communication in regards to the
The Reserve Bank of India, India’s central banking authority, has denied any knowledge of the proposed ban on cryptocurrency by the Indian Government. Varun Sethi, an Indian lawyer, filed a Right to Information (RTI) request with the Reserve Bank of India regarding the ban. The Banks responded by denying any communication in regards to the
So on June 07, 2019, Bloombergquint media published a click-bait article by hiding many secretive facts behind paywall about upcoming crypto-ecosystem in India. While many perceive it just a piece of unbiased news, on the other side, the crypto community is widely shouting at the Govt of India and the possible effect it brings. Clait-Bait
So on June 07, 2019, Bloombergquint media published a click-bait article by hiding many secretive facts behind paywall about upcoming crypto-ecosystem in India. While many perceive it just a piece of unbiased news, on the other side, the crypto community is widely shouting at the Govt of India and the possible effect it brings. Clait-Bait
In the ICO market, Europe is beating the US and Asia by implementing favorable regulations in order to become the hub of this new technology along with a vast talent pool in terms of developers. Europe leading the “Token Sales” European countries are in the dominant position when it comes to cryptocurrencies. About $4.1 billion
In the ICO market, Europe is beating the US and Asia by implementing favorable regulations in order to become the hub of this new technology along with a vast talent pool in terms of developers. Europe leading the “Token Sales” European countries are in the dominant position when it comes to cryptocurrencies. About $4.1 billion
A lot of debate has been going on in various countries about classifying crypto tokens as securities and bringing them under regulations that are at par with instruments that are classified as securities. And now with more money from the institutions seems to be seeping into crypto markets, the debates in the regulatory corridors around
A lot of debate has been going on in various countries about classifying crypto tokens as securities and bringing them under regulations that are at par with instruments that are classified as securities. And now with more money from the institutions seems to be seeping into crypto markets, the debates in the regulatory corridors around
As per the local South Korean media channel, the country’s government is planning to recognize the cryptocurrency industry by categorizing them into three divisions and crypto exchanges as crypto asset brokerage, the draft of which will be released by July end. Legalizing the crypto market? According to the local South Korean media channel, The BChain,
As per the local South Korean media channel, the country’s government is planning to recognize the cryptocurrency industry by categorizing them into three divisions and crypto exchanges as crypto asset brokerage, the draft of which will be released by July end. Legalizing the crypto market? According to the local South Korean media channel, The BChain,
There has been an uproar and confusion in the crypto industry in Israel, as Israel’s parliament- the Knesset- decided to postpone the law regulating cryptocurrency exchanges by four months on May 31. Although the delay is not appreciated, if experts are to be believed the discussion paper floated, which could become the first primary law
There has been an uproar and confusion in the crypto industry in Israel, as Israel’s parliament- the Knesset- decided to postpone the law regulating cryptocurrency exchanges by four months on May 31. Although the delay is not appreciated, if experts are to be believed the discussion paper floated, which could become the first primary law
Global Financial Criminal Watchdog, The Financial Action Task Force(FATF) is planning to hold discussions later this month, in June, to formulate governing rules and guidelines to govern cryptocurrency exchanges. It will principally make sure effective countermeasures are in place to prevent activities such as money laundering and terrorist funding, according to a Japanese government official
Global Financial Criminal Watchdog, The Financial Action Task Force(FATF) is planning to hold discussions later this month, in June, to formulate governing rules and guidelines to govern cryptocurrency exchanges. It will principally make sure effective countermeasures are in place to prevent activities such as money laundering and terrorist funding, according to a Japanese government official
Bethesda’s head of marketing and public relations, Pete Hines, said when the details for The Elder Scrolls VI are revealed. Spoiler: have to be patient. According to the game portal Hermitgamer, it became known from Twitter, where Pete Hines was asked how long we had to wait for news about the new part of the
Bethesda’s head of marketing and public relations, Pete Hines, said when the details for The Elder Scrolls VI are revealed. Spoiler: have to be patient. According to the game portal Hermitgamer, it became known from Twitter, where Pete Hines was asked how long we had to wait for news about the new part of the
HitBTC, the Hong Kong-based crypto exchange has declared the suspension of crypto trading for its Japanese clients. The move comes as a huge blow to the market after it had only last week started on the way to recovery. The market has slipped back into the red mode with cryptocurrency prices tumbling down, Bitcoin being
HitBTC, the Hong Kong-based crypto exchange has declared the suspension of crypto trading for its Japanese clients. The move comes as a huge blow to the market after it had only last week started on the way to recovery. The market has slipped back into the red mode with cryptocurrency prices tumbling down, Bitcoin being
While some regulatory authorities are either struggling with cryptocurrencies and ICOs or making it hard for businesses and investors, governments like Bermuda’s are already reaping the rewards by advancing its crypto regulations and signing agreements with big players like Binance. Crypto regulations advances in Bermuda The Companies and Limited Liability Company (Initial Coin Offering) Act
While some regulatory authorities are either struggling with cryptocurrencies and ICOs or making it hard for businesses and investors, governments like Bermuda’s are already reaping the rewards by advancing its crypto regulations and signing agreements with big players like Binance. Crypto regulations advances in Bermuda The Companies and Limited Liability Company (Initial Coin Offering) Act
The French Council of State now considers the profits generated by cryptocurrencies as capital gains of movable property that will be taxable at a flat rate of 19 percent instead of the previous 45 percent rate. France cuts down crypto taxes from massive 45% to 19% Regulators worldwide put cryptocurrencies under the taxation umbrella even
The French Council of State now considers the profits generated by cryptocurrencies as capital gains of movable property that will be taxable at a flat rate of 19 percent instead of the previous 45 percent rate. France cuts down crypto taxes from massive 45% to 19% Regulators worldwide put cryptocurrencies under the taxation umbrella even
Taiwan will be releasing the new AML regulations concerning cryptocurrencies in November this year, before the Asia Pacific Group on anti-money laundering visits the country for existing AML evaluation. Cryptos captured under AML regulations in Taiwan Taiwan Central News Agency reported that the country’s Minister of Justice Chiu Tai-san has stated that the new
Taiwan will be releasing the new AML regulations concerning cryptocurrencies in November this year, before the Asia Pacific Group on anti-money laundering visits the country for existing AML evaluation. Cryptos captured under AML regulations in Taiwan Taiwan Central News Agency reported that the country’s Minister of Justice Chiu Tai-san has stated that the new
The New York Attorney General Eric Schneiderman has launched a probe into 13 crypto exchanges that include big names like Coinbase, Binance, Bittrex, Gemini among others. In order to improve the transparency, the office is asking for information related to their daily trade activities. New York attorney general office’s virtual markets integrity initiative Crypto
The New York Attorney General Eric Schneiderman has launched a probe into 13 crypto exchanges that include big names like Coinbase, Binance, Bittrex, Gemini among others. In order to improve the transparency, the office is asking for information related to their daily trade activities. New York attorney general office’s virtual markets integrity initiative Crypto
