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After slashing taxes on profits made from cryptocurrency trading by more than half, France has now implemented a new legal framework for initial coin offerings (ICOs). Is Europe’s third largest economy transforming into a haven for cryptocurrency? Also read: Faced With Cash And Forex Shortages, Zimbabweans Turn To Bitcoin – Even When It’s Banned French Lawmakers […]
The post New French Law Sets Out Guidelines For ICOs appeared first on Bitcoin News.
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The Deputy Governor of the Bank of France, Jean-Pierre Landau, also named “Mister Bitcoin” by the French government, submitted a report to Bruno Lemaire, the French Minister of Finance and Economy. The report said cryptocurrencies are in a phase of technological and economic experiment. Their future is still uncertain, however, there are few possible scenarios. One […]
The post Government Investigator Says “Darwinian” Selection Led to Dominant Cryptocurrencies appeared first on Bitcoin News.
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Coincheck, the Japanese crypto trading platform that found new owners after it was hacked earlier this year, is now planning to offer services on the US market. The exchange expects to be licensed in Japan next month, according to the chief executive of Monex, the online brokerage which bought the troubled company last month. […]
The post Japanese Exchange Coincheck Eyes America for Expansion appeared first on Bitcoin News.
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According to Le Monde, France’s State Council of taxation has announced a severe lowering of financial penalties on gains from cryptocurrencies such as bitcoin. The agency is signaling crypto tax will plummet from its current 45% to an across the board flat 19%. It’s a dramatic change in orientation from the government. Could it be […]
The post Vive la France! Bitcoin Tax Slashed by Republic appeared first on Bitcoin News.
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Cryptocurrency advocates woke up to the good news that bitcoin is trading for around $8,900. Bitcoin is expected to break $9,000 by next week as markets and regulators alike appear to be taking on a more bullish stance. Bitcoin spent nearly 24 hours hovering in limbo. Stuck at the $8,600 mark, traders were unclear about whether the short, sporadic price hikes Fundstrat’s Thomas Lee recently spoke of would occur in the immediate future. Now, it appears the analyst’s predictions are inching closer to reality. There are many alleged reasons behind the sudden price jump. A large one stems from FrenchPowered by WPeMatico
High ranking officials from France and Germany have issued a letter urging the finance officials of other nations to discuss the regulatory implications of cryptocurrencies at the upcoming G20 Summit. Also Read: India’s Tax Department Issues Notices to 100,000 Crypto Investors Leaders Call for “Trans-Boundary” Action Against Cryptocurrencies The letter is authored by the French Finance […]
The post France and Germany Urge Discussions on Crypto Policy at G20 Summit appeared first on Bitcoin News.
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Week after week regulators and governments have been announcing plans to regulate digital currencies like bitcoin. This week in France on January 15 the Minister of the Economy Bruno Le Maire announced his decision to create a “digital currencies mission” and a working group that will work towards regulating cryptocurrencies. In addition to the digital […]
The post France Appoints a Cryptocurrency ‘Mission Leader’ appeared first on Bitcoin News.
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French Finance Minister Bruno Le Maire announced on Sunday December 17th that the next Group of 20 (G20) meeting would include discussion about how to regulate the world’s most popular cryptocurrency, bitcoin. The digital asset hasn’t ceased in making news all year, and European politicians appear more concerned in direct proportion to its price increase, […]
The post Crypto to Take Center Stage at G20 – “Need to See How We Can Regulate Bitcoin” appeared first on Bitcoin News.
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