India is weighing up whether to impose goods and service tax (GST) on cryptocurrency trades, a report suggests. According to Bloomberg, people ... from Google Alert - cryptocurrency https://ift.tt/2J0RWxu via IFTTT https://ift.tt/eA8V8J
Users of the unregulated currency will soon be able buy cryptocurrencies and exchange it for cash at the country's only cryptocurrency automated ... from Google Alert - cryptocurrency https://ift.tt/2jX8UyJ via IFTTT https://ift.tt/eA8V8J
Russia, which is currently working on the legislation of cryptocurrencies, tokens and blockchain, may get a register of cryptocurrency investors. Anatoly ... from Google Alert - cryptocurrency https://ift.tt/2k162Rs via IFTTT https://ift.tt/eA8V8J
A major accounting firm in South Korea has revealed results of an audit of UPbit's cryptocurrency holdings, confirming that the exchange did not inflate ... from Google Alert - cryptocurrency https://ift.tt/2jZ4qrr via IFTTT https://ift.tt/eA8V8J
... of Korea's financial watchdog has doubled down on the anticipated effort of his agency considering a lenient approach to cryptocurrency trading. from Google Alert - cryptocurrency https://ift.tt/2K9Vzhz via IFTTT https://ift.tt/eA8V8J
MOSCOW, May 7 (RAPSI) – The Ninth Commercial Court of Appeals ruled on Monday to treat cryptocurrency denominated assets as a part of a debtor's bankruptcy estate, Vitaly Korystov, a representative of the finance manager in the case, told RAPSI. The court granted an appeal challenging a lower ... from Google Alert - cryptocurrency https://ift.tt/2jBPmj5 via IFTTT https://ift.tt/eA8V8J
It's been a month since RBI banned cryptocurrency trading through banks in India. Since then trading amount has increased significantly along with a steady increase in prices. Investors, traders, Exchange operators and analysts states that people are trying to take advantage of the three-month period ... from Google Alert - cryptocurrency https://ift.tt/2HW0dz4 via IFTTT https://ift.tt/eA8V8J
In many ways, bitcoin has carried the cryptocurrency market on its back. For years, prior to March 2017, bitcoin comprised between 75% and 95% of the aggregate virtual currency market cap. Even today, with more than 1,600 different digital currencies for investors to choose from, bitcoin still accounts ... from Google Alert - cryptocurrency https://ift.tt/2Ih2tnZ via IFTTT https://ift.tt/eA8V8J
CryptoUK, a self-regulated trade group dedicated to the cryptocurrency industry, has requested regulatory oversight for the digital currency market in the region. The trade group, in a written response to the Treasury Committee's inquiry into cryptocurrencies, has offered detailed proposals and is calling ... from Google Alert - cryptocurrency https://ift.tt/2FB9Zo5 via IFTTT https://ift.tt/eA8V8J
It appears that Asian countries are absolutely dominating the charts for cryptocurrency trading volumes – despite the recent string of regulatory clampdowns. Research from banking giant Morgan Stanley indicates that exchanges originating from countries like China, South Korea, and Hong Kong ... from Google Alert - cryptocurrency https://ift.tt/2vV6ERc via IFTTT https://ift.tt/eA8V8J
In the cryptocurrency world, liquidity refers to the number of buyers and sellers actively trading in the market. You can't sell your Ethereum coins (or any other coins) without a buyer, which makes large, popular exchanges with plenty of buyers and sellers better than smaller exchanges with less liquidity. from Google Alert - cryptocurrency https://ift.tt/2HkL26d via IFTTT https://ift.tt/eA8V8J
A cryptocurrency called OneGram was launched in an attempt to convince the Muslim community that investing in cryptocurrencies complies with Sharia law. Unlike other cryptocurrencies such as bitcoin and ethereum, OneGram is backed by gold. The launch triggered debate among Islamic scholars ... from Google Alert - cryptocurrency https://ift.tt/2HG9o9Y via IFTTT https://ift.tt/eA8V8J
CoinRecoil is Kali Digital Ecosystems upcoming project – the company had initially filed a petition against RBI's decision of prohibiting banks to work with cryptocurrency entities on Apr. 18. According to CoinRecoil's statement, the ban imposed by RBI violates Article 14 and Article 19(1)(g) of the ... from Google Alert - cryptocurrency https://ift.tt/2Hl5gIS via IFTTT https://ift.tt/eA8V8J
Following the steps of his colleague Floyd Mayweather, the iconic Philippines boxer Manny Pacquiao has said that he would launch his own cryptocurrency . He also advocated for regulation of the virtual currency market. Global Crypto Offering Exchange (GCOX), Singapore based cryptocurrency firm, ... from Google Alert - cryptocurrency https://ift.tt/2HipZBm via IFTTT https://ift.tt/eA8V8J
Indian cryptocurrency exchange Coinsecure has lost over $3.5 million and is blaming its head of security. In a message posted to its website Thursday, the company said that its Chief Security Officer (CSO) Amitabh Saxena was extracting a cryptocurrency known as bitcoin gold in order to distribute it to ... from Google Alert - cryptocurrency https://ift.tt/2GX1k52 via IFTTT https://ift.tt/eA8V8J
Australia has already licensed three cryptocurrency exchanges since new regulations came into effect April 3, but the remainder must begin compliance by May 14. In a press release April 11, the Australian Transaction Reports and Analysis Centre (AUSTRAC) said that exchanges, which it calls “digital ... from Google Alert - cryptocurrency https://ift.tt/2HsmYuX via IFTTT https://ift.tt/eA8V8J
India has issued a mandate telling banks under its jurisdiction not to engage with cryptocurrencies within three months. And the Financial Conduct Authority of England has said enterprises engaging in business under its domain need to pay strict attention to its handbook on activities. Yaron Mazor. from Google Alert - cryptocurrency https://ift.tt/2qehvzK via IFTTT https://ift.tt/eA8V8J
The South African Revenue Service (SARS) will continue to apply normal income tax rules to cryptocurrencies and will expect affected taxpayers to declare cryptocurrency gains or losses as part of their taxable income. In a statement released on Friday (6 April), the revenue service said that the onus is ... from Google Alert - cryptocurrency https://ift.tt/2HfH0Zx via IFTTT https://ift.tt/eA8V8J
Shares in Monex Group closed near a 10-year high on Friday after the Japanese online brokerage said it would pay ¥3.6bn ($33.5m) for cryptocurrency exchange Coincheck and prepare its troubled acquisition for an IPO. The investment euphoria triggered by Friday's deal came despite fresh evidence ... from Google Alert - cryptocurrency https://ift.tt/2Iz4RmH via IFTTT https://ift.tt/eA8V8J
Once confined to the underworld of dark web markets and ransomware payments, cryptocurrency has made impressive strides toward legitimacy in recent years and true to form, cybercriminals are following the money. In fact, analyst firm Gartner predicts that by the year 2020, the banking industry will ... from Google Alert - cryptocurrency https://ift.tt/2JmUpQp via IFTTT https://ift.tt/eA8V8J