Portuguese Tax Authority Issues Ruling on ICO and VAT: Expert Take
As tokens can be used for several purposes, VAT implications of a single token may vary based on its characteristics, functionalities, and final use Go to Source Powered by WPeMatico
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South Korea’s National Assembly Officially Proposes Lifting ICO Ban
South Korea’s national legislature has officially proposed to allow domestic initial coin offerings, effectively lifting the ban imposed by the government in September last year. With the lack of proper guidelines, South Korean companies have been migrating abroad to launch their token sales. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space National Assembly’s Proposal … Read more
PR: DIWtoken.com – Alpha Launch on Testnet Before the End of ICO
It has already been three weeks since the launch of DIW’s ICO with just one week left to go – just enough time to seize this rare opportunity and join this unprecedented project! The entire team has been on constant alert for months now with quite a few kilos of coffee consumed on many endless … Read more
Bitcoin in Brief Monday: Poloniex Responds to Frozen Accounts Complaints
In today’s edition of Bitcoin in Brief we feature stories that show the increased focus regulators have placed on companies operating in the cryptocurrency scene and how it can adversely affect clients. FCA revels it is investigating dozens of ventures, and Poloniex tries to reassure legacy clients that their frozen funds are safe. Also Read: Niall … Read more
How Lithuania Became a Hub of Cryptocurrency Innovation
On the southeastern shore of the Baltic Sea lies Lithuania, a country of some 2.8 million. Most most people would struggle to place it on a map, and there are 77 European cities larger than its capital Vilnius, which number just 578,000. Despite this, Lithuania has outperformed nations 20 times its size in the token … Read more
Coinbase’s Decentralized Exchange Acquisition Is a Shortcut to List ERC20 Tokens
As reported here on May 24, the world’s biggest cryptocurrency brokerage and trading platform, Coinbase, acquired decentralized cryptocurrency exchange Paradex. Intent to Add Tokens In an official announcement, Coinbase CEO Brian Armstrong stated that the acquisition of Paradex was part of a larger Coinbase initiative to expand globally and serve customers outside of the US. “The move … Read more
Singapore’s MAS Shuts Down ICO and Forces It to Refund Investors
Regulators continue to pressure cryptocurrency exchanges and initial coin offerings. This is only normal, as these new industries present many opportunities but also pose major challenges. The Monetary Authority of Singapore is cracking down on problematic ICOs. So much, in fact, that one particular project was forced to return its funds to Singaporean investors. Another ICO Goes Awry … Read more
Niall Ferguson Tells Bank of England Bitcoin Is Financial System of the Future
Central bankers are being warned by researchers that the crypto revolution will overtake the system they are in-charge of preserving. Recently, British economic historian and author Niall Ferguson told the Bank of England that Bitcoin is the financial system of the future. Also Read: This Week in Bitcoin: McAfee’s Bullish Prediction and a Guy Living … Read more
SEC, CFTC, IRS And Others: A Guide To US Regulating Bodies
A guide to the complex crypto regulation framework in the US: Here’s how SEC, CFTC, FinCen and IRS view Bitcoin Go to Source Powered by WPeMatico
DOJ Crypto Investigation Tanks Prices, Fundstrat Welcomes Adult Supervision
Investigations are all about the crypto ecosystem, but a recent report regarding a US Department of Justice price manipulation crackdown was widely said to be the cause of market caps falling, and by a lot. Fundstrat, the ecosystem’s favorite financial professional crypto bull, is on record as welcoming government regulation, what it calls “adult supervision.” … Read more