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Various Asian countries have taken a harsh stance against initial coin offerings. Given the previously unregulated nature of that industry and the large sums being raised by ICO teams, that is not a big surprise. It seems one South Korean company is trying to have a positive impact on the sector. The Korea M&A Center is launching a new platform meant … Read more
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 … Read more
Capital gains taxes and cryptocurrency have always been an odd couple. Although a lot of people see the merit in proper taxation guidelines for cryptocurrency, things are never as clear-cut as they might appear. In France, a new proposal has been introduced to reduce the capital gains tax on Bitcoin from 45% to 19%. It’s a … Read more
There is growing interest in issuing assets on the blockchain. Projects such as CryptoKitties have shown the world how powerful this business model can be. It now seems CryptoCarz is trying to achieve the same goal, as they want to offer the world’s first blockchain-enabled VR racing experience. Combining distributed ledgers with virtual reality will … Read more
Ripple has been a very peculiar company in the world of blockchain and digital currency. Their desire to strengthen the financial ecosystem rather than replace it has created some bad blood among cryptocurrency diehards. Even so, Ripple is making a positive impact on the market, and their XRP asset should not be overlooked. India’s Koinex … Read more
It has been a while since people actively discussed the NEO price. Thanks to all of the current positive momentum, that situation will come to change fairly quickly. Even though the NEO price did not hold on to the $90 price level, it seems the overall uptrend over the past week still remains in place. … Read more
Given all of the cryptocurrency momentum we have seen in the past few weeks, it is not entirely surprising to see most markets cool off a bit. Especially the EOS price is taking a massive beating right now, which is not entirely surprising. The project has seen a massive value increase over the past few … Read more
With all of the hard forks going on in the world of cryptocurrency, it is difficult for exchanges to keep tabs on things. It now seems most of the exchanges will not support the upcoming MoneroV hard fork. For some people, this is anything but a surprise, whereas others see it as a form of … Read more
Cryptocurrency trading continues to make inroads all over the world. Surprisingly, this trend has been quite prevalent in the broader financial industry. Revolut, a digital banking startup, enabled support for Bitcoin, Ether, and Litecoin quite some time ago. They now provide support for XRP and Bitcoin Cash as well, on the heels of raising another $250 million in … Read more
The year 2018 has been pretty positive for the Binance exchange so far. Unlike what most people may have expected, the company is expanding its presence at an accelerated pace. Earlier this week, the company signed a Memorandum of Understanding with Bermuda’s Premier and Minister of Finance. Another Notch in the Belt of Binance It … Read more
