Bookmarking Crypto Insights
Auto Added by WPeMatico
While some mainstream media sources will have you believe that bitcoin is only used for buying illicit drugs, contracting hitmen and laundering money, the truth is that it is being used for so much more than that – just like fiat currency. The latest example is a religious body that now allows members to donate … Read more
Despite the amnesty program for crypto investors is on its way, owners of offshore accounts can use a back door. #EXPERT_BLOG Go to Source Powered by WPeMatico
A vast majority of cryptocurrencies were suffering from losses yesterday after last weekend’s recent spikes in value. Bitcoin core (BTC) prices have dropped since touching the $13K zone back down to the $10K region while most of the digital asset markets were also down yesterday are up now. At the moment BTC has climbed just … Read more
UBS Chairman Weber advises against crypto investing for individual, or “Main Street,” investors, wants no blame placed on banks in the event of a future crash. #NEWS Go to Source Powered by WPeMatico
Cambodia is not a country most people would associate with Bitcoin or other cryptocurrencies. It is one of those nations which one hardly ever hears anything from, unless it has to do with civil unrest. Contrary to what people believe, there is a genuine cryptocurrency culture in Cambodia these days. Moreover, most investors and miners are … Read more
2017’s cryptocurrency boom netted Coinbase $1bln in revenue, company’s stocks remain private, despite demand — industry insiders report. #NEWS Go to Source Powered by WPeMatico
South Korean card companies are reportedly working on blocking payments to overseas cryptocurrency exchanges. Currently, 20 major crypto exchanges are blocked but that number is expected to increase, according to the Korean Credit Finance Association. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations Blocking Payments Overseas South Korean card companies have … Read more
As News.Bitcoin.com learned two weeks ago, one of Europe’s largest banks, Nordea, will enact a company-wide policy to effectively ban its employees from owning or trading in cryptocurrency. Citing risks and perhaps looming regulation, the bank decided to act preemptively. Also read: Whistleblower Details Big Bank’s Plans to Prohibit Employees Owning Bitcoin Nordea Bank Bans … Read more
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
