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The State Revenue Service of Latvia (SRS) has seized some bitcoins for the first time. The cryptocurrency, allegedly acquired through illegal means, is still being stored in the wallet set up by a criminal. Experts have expressed concerns about the risk of the money disappearing as officials continue to insist only government agencies have access […]
The post Tax Agents ‘Confiscate’ Bitcoin From Criminal but Keep the Coins in His Wallet appeared first on Bitcoin News.
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August is not the best period for important decisions but it seems a good time to sketch plans for the second active half of the year. Authorities in several countries have shared their intentions regarding the regulation and oversight of the crypto space. The club of crypto-friendly jurisdictions may accept new members this fall. Others […]
The post Regulations Roundup: This Fall May Bring More Crypto-Friendly Jurisdictions appeared first on Bitcoin News.
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Digipulse, a Latvian startup offering “crypto-inheritance” services, has decided to completely detokenize its business. Only two of its clients signed up on the platform using its native tokens. The team also says it doesn’t like to rely on price speculation but wants to create value with its service. Also read: Cars and Pizzas for Crypto […]
The post This ICO Project Wants to Detokenize Itself appeared first on Bitcoin News.
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Featured in today’s edition of Bitcoin in Brief are a service that allows inheritance of crypto assets and a new stablecoin launched in Taiwan. Also in our daily roundup, crypto terminals have been installed by a restaurant chain in Hong Kong, and a company now offers bitcoin gift cards for easier access to the crypto […]
The post The Daily: Crypto-Inheritance Service, Taiwanese Stablecoin, Bitcoin Gift Cards appeared first on Bitcoin News.
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Ibinex, a company that specializes in white-label solutions for cryptocurrency exchanges, has obtained a license to operate in Estonia. Besides exchange services, it also plans to offer both hot and cold wallets within the regulatory framework of the tech-savvy, crypto-friendly Baltic nation. Also read: Estonia Grants Licenses for Wallet and Exchange Services to Coinmetro EU […]
The post Estonia Grants License to Crypto Trading Software Provider Ibinex appeared first on Bitcoin News.
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Cryptocurrencies are gaining popularity in the Baltic states where no comprehensive regulations have been introduced yet. Businesses from multiple sectors, including real estate, online trade, the hospitality industry, and even healthcare, are taking advantage of crypto payments. Some companies from the region are already offering their services globally. Also read: Blind Denial of Cryptocurrencies […]
The post Bitcoin Payments Are on the Rise in the Baltics appeared first on Bitcoin News.
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Cryptocurrencies are often criticized for failing to replicate some of the basic functions of fiat money. Governments are always ready to warn you that you can’t spend, or save, or trade, or make digital coins. This state of mind, however, is slowly but surely changing, as more benefits become apparent. Paying, saving, investing – bitcoin […]
The post The Government Dilemma: How To Tax Something One Pretends Does Not Exist appeared first on Bitcoin News.
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Trying to take its share of the profits, the government of Latvia may accept cryptocurrencies as a legal means of exchange. This year’s tax filing campaign is underway and officials don’t have much time. Two parliamentary commissions and the Ministry of Finance have expressed their views on the matter this week. Latvians may very soon […]
The post Latvia Recognizes Cryptocurrencies in Order to Tax Them appeared first on Bitcoin News.
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While European institutions are issuing another series of warnings about the risks and sins of dealing with bitcoin, crypto communities on the Old Continent are trying to preserve freedoms not granted by Brussels. Two exchanges from opposite corners of New Europe have announced plans to offer peer-to-peer cryptocurrency trading. Latvia-based Hodlhodl has launched its new […]
The post Crypto Exchanges Launch P2P Platforms from Latvia and Bulgaria appeared first on Bitcoin News.
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