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UK’s HMRC says Cryptocurrencies Not Exempt from Digital Services Tax

HM Revenue and Customs (HMRC) says cryptocurrencies do not qualify as money or commodities and are not exempt from the digital services tax. The tax office has also informed online crypto exchanges that they are subject to the tax, according to a report from The Telegraph, which says it is designed to ensure tech firms […] The post UK’s HMRC says Cryptocurrencies Not Exempt from Digital Services Tax first appeared on BitcoinExchangeGuide. дальше »

2021-11-30 23:57


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Australian Retirement Fund with $46.8 Billion AUM to Invest in Crypto

Rest Super has revealed during its annual general meeting on November 23, 2021, that it plans to add bitcoin (BTC) and other cryptocurrencies to its balance sheet going forward. The company says it fully understands the risks of volatility associated with digital currencies and as such it will embark on its crypto exposure journey inRead More дальше »

2021-11-24 15:00


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India Is One Step Closer To Fully Adopting Cryptocurrency

Parliamentary Panel says crypto can’t be stopped, so regulate it. Review meeting follows months of elaborate consultations. RBI still against allowing cryptocurrencies – regulated or unregulated. Linking cryptocurrency’s potential to facilitate money laundering and enable terror funding while also being aware of the inevitability of cryptocurrencies in the long-term, the Government of India is all […] дальше »

2021-11-21 21:04


Crypto Has The Potential For Undermining the US Dollar And Destabilizing Nations, Says Hillary Clinton

Hillary Clinton says cryptocurrencies have the power to weaken fiat currencies and eventually entire countries. During a panel discussion at the Bloomberg New Economy Forum on Friday in Singapore, the former Democratic presidential candidate said the governments around the world are facing new challenges in terms of artificial intelligence, disinformation, and crypto. дальше »

2021-11-20 20:33


Allocate to Cryptocurrencies to “Beat Inflation” And For “Hypergrowth” in Portfolio, says Strategist

Meanwhile, the traditional safe haven asset gold is down 1.82% YTD after hitting new ATH last year, which was also just an 8% increase from the 2011 peak. The post Allocate to Cryptocurrencies to “Beat Inflation” And For “Hypergrowth” in Portfolio, says Strategist first appeared on BitcoinExchangeGuide. дальше »

2021-11-20 19:13


There Are “Bigger Risks in Not Participating” in Crypto, says CEO of Australia’s Biggest Bank

Matt Comyn, Chief Executive Officer of Commonwealth Bank of Australia, says one of the most significant risks banks face regarding cryptocurrencies is FOMO, being left out of the market. While crypto assets are “very volatile and speculative,” banks need to trade them due to the insatiable demand from customers and be involved in the adoption […] The post There Are “Bigger Risks in Not Participating” in Crypto, says CEO of Australia’s Biggest Bank first appeared on BitcoinExchangeGuide. дальше »

2021-11-20 17:41


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Loading Up On Cryptocurrencies Right Now ‘Doesn’t Make Sense’, Twitter CFO Says As Bitcoin Drops Below $60K

Twitter’s chief financial officer Ned Segal has indicated that putting some of the social media giant’s idle corporate cash into cryptocurrencies such as bitcoin at the moment “doesn’t make sense”. Speaking during an interview on Monday, Segal said Twitter would be forced to change its investment policy in order to hold more volatile assets on […] дальше »

2021-11-16 17:30


New York Mayor Says Cryptocurrencies Should Be Taught In Schools

New York Mayor-Elect Eric Adams recently won the mayoral race for the city. On November 3rd, Adams became the second black man to be elected as mayor in the city of New York. The win was momentous in itself but Adams’s comments and stance on cryptocurrencies, bitcoin, in particular, have been what has pushed him into the limelight in recent days. дальше »

2021-11-9 02:00


Square has “No” Plans to Expand Beyond Bitcoin to Cover Other Cryptocurrencies, says CEO Jack Dorsey

Cash App generated $1.82 bln in Bitcoin revenue in Q3, making up 47% of Square’s total sales. The company is planning to offer a pay with Bitcoin feature through the App. The post Square has “No” Plans to Expand Beyond Bitcoin to Cover Other Cryptocurrencies, says CEO Jack Dorsey first appeared on BitcoinExchangeGuide. дальше »

2021-11-6 20:37


Crypto is “More Of An Asset Class” As Such, No Crypto-linked Card Coming “Any Time Soon,” says American Express CEO

Financial services company American Express chief executive Stephen Squeri said they are not planning to offer a cryptocurrency linked card “any time soon. ” “When I look at cryptocurrencies, it’s really more of an asset class,” akin to gold, Squeri said at Yahoo Finance’s All Markets Summit. дальше »

2021-10-26 16:25


Russia Has No Plans to Ban Cryptocurrencies Unlike China, says Deputy Finance Minister

A Siberian region, which relies heavily on hydroelectric power and is known for its cheap electricity, also saw its energy consumption surging 159% due to an “avalanche” of crypto-mining. The post Russia Has No Plans to Ban Cryptocurrencies Unlike China, says Deputy Finance Minister first appeared on BitcoinExchangeGuide. дальше »

2021-10-14 23:28


“This Isn’t Just Bitcoin Anymore,” It’s Digital Assets Creating an Ecosystem of New Opportunities, says Head of BofA Global Research

Bank of America has finally launched coverage of cryptocurrencies due to “growing institutional interest” and the massive appetite among retail clients. Candace Browning, head of global research at BofA Securities, shared in an interview with Bloomberg that the number of corporates mentioning crypto on their earnings calls has increased to about 147 in the most […] The post “This Isn’t Just Bitcoin Anymore,” It’s Digital Assets Creating an Ecosystem of New Opportunities, says Head of BofA Global Research first appeared on BitcoinExchangeGuide. дальше »

2021-10-5 16:29


U.S. Federal Reserve has no intention to ban cryptocurrencies, Chairman Powell says

Speaking before the House Financial Services Committee, US Federal Reserve Chairman Jerome Powell, stated that the authority has no objective to ban cryptocurrencies.   According to Powell, who responded to his earlier comments that cryptocurrencies could be replaced by a central bank digital currency (CBDC), the crypto market should be regulated in accordance with existing laws. дальше »

2021-10-3 20:07