Romanian Central Bank Official Says Crypto Will Not Fulfil Basic Roles of Currency
Romanian central bank official Daniel Daianu said that crypto will not replace currency issued by central banks Go to Source Powered by WPeMatico
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US Justice Dept. Convicts Two Romanians of Cybercrimes Including Cryptojacking
Two alleged Romanian hackers have been convicted by a U.S. federal jury of spreading malware to illicitly mine cryptocurrency Go to Source Powered by WPeMatico
Cryptocurrency Is Providing a Lucrative New Revenue Stream for Governments
Cryptocurrency’s resistance to government control is countered by the fact that a number of governments, including Chile, Romania, Spain and South Africa, are looking to cash in by taxing crypto assets. These countries are crafting laws that bind citizens to annually disclose cryptocurrency investments that, in some cases, are held at home and abroad, and … Read more
Romania Imposes 10% Tax on Cryptocurrency Earnings
Romania has amended its tax laws, allowing it to start taxing gains from bitcoin investments at a rate of 10 percent. The improved fiscal code legislation categorizes earnings generated from buying and selling cryptocurrencies as “income from other sources” and therefore subject to income tax, local media reports. Also read: Falcon Private Bank Launches Crypto Wallet … Read more
Eastern European P2P Markets See Strongest BTC Volume in Over 12 Months
Eastern European peer-to-peer (P2P) markets have seen a spike in trading activity, with the Russian, Ukrainian, Romanian, and Kazakh Localbitcoins markets posting the strongest volume in over 12 months when measured in cryptocurrency. Also Read: Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018 Russian P2P Markets Post Strongest Trade in 19 Months During the … Read more
Founder of Romanian Crypto Exchange Coinflux to Be Extradited to US on Multiple Allegations
The founder of Romanian cryptocurrency exchange Coinflux will reportedly be extradited to the United States, based on multiple allegations Go to Source Powered by WPeMatico
Owner of Romanian Exchange Coinflux to Be Extradited to the US
The Romanian judiciary has decided to hand over to U.S. authorities the founder and CEO of Coinflux, one of the country’s cryptocurrency exchanges. Vlad Nistor has been accused of a number of crimes including the laundering of illicitly obtained funds through his digital asset trading platform. Also read: Russians See Growing Number of Options to … Read more
Report: CEO of Largest Romanian Crypto Exchange Arrested on US Warrant
The CEO of crypto exchange Coinflux was reportedly arrested for fraudulent activity on a warrant from the U.S. Go to Source Powered by WPeMatico
Cointext Launches SMS Bitcoin Cash Wallet in 4 New Markets
The Cointext SMS Bitcoin Cash (BCH) wallet continues its rapid expansion around the world. Residents of one more country in South America and three more in Europe now have access to the service, which allows users to send money to mobile phone numbers or BCH addresses without an internet connection, additional accounts or the need … Read more
Draft Regulating ‘Electronic Money’ Prepared in Romania
A draft ordinance aiming to regulate the issuance of “electronic money” has been presented in Romania. The document authored by the Finance Ministry specifies the entities that can act as issuers and clarifies the conditions under which e-money can be emitted. While it does not specifically mention cryptocurrencies, some of its definitions and provisions can … Read more
