Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell

Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to the local regulations postulate. Also read: Poles Hit With Backdated Tax on Crypto Trades … Read more

Chinese Regulators Question 8 Crypto Companies in Shenzhen

Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with authorities reportedly questioning their representatives at a meeting hosted by Shenzhen Financial Regulatory Bureau. Also read: Crypto … Read more

Tax Form to Report Revenues From Cryptocurrency Trading Issued in Poland

Authorities in Poland have clarified the taxation of revenues received from cryptocurrency exchange transactions. The Ministry of Finance has recently published a 2019 tax form that has a dedicated section where taxpayers are expected to declare separately proceeds from crypto trading. Also read: Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates Polish … Read more

Belarusian Bank Gets the Go-Ahead to Service Crypto Investors

A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic zone has already become home to many crypto businesses. Also read: Bittrex … Read more

Indian Supreme Court Postpones Crypto Case to November

The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case today. Also read: RBI Ban Stops Indian Police … Read more

PR: PayKassa.pro Launches Multifunctional Payment Aggregator

Cryptocurrencies will be in great demand in the future, as the cryptocurrency market surprised skeptics once again. As soon as Bitcoin began its bullish trend, hundreds of other crypto coins followed the example. The authorities of large countries are starting to think about regulation, and companies like Facebook and Telegram are launching their own coins. … Read more

Policymakers Meet to Finalize Global Crypto Guidance – A Look at Standards G20 Supports

The Financial Action Task Force has kicked off its meeting to discuss global cryptocurrency regulations which the G20 countries have committed to follow. Meanwhile, the crypto industry has raised concerns regarding some recommendations, and a meeting has been set up to coincide with the G20 summit to influence policymakers. Also read: G20 Starts Crypto Discussions … Read more

3commas Helps You Balance Your Crypto Portfolio

Hodling or liquidating your crypto assets are two extremes that are not the best investment strategies in most cases. 3commas is a platform that allows you to constantly rebalance your portfolio in order to limit losses and maximize profit. Also read: How to Easily Find a Bitcoin Cash ATM Near You Trade on Major Exchanges … Read more