2021-7-3 22:00 |
Foreign cryptocurrency exchanges and bitcoin (BTC) trading venues in India may soon be required to start paying 18 percent goods and services tax (GST), according to an Economic Times report on July 2, 2021. origin »
2021-7-3 22:00 |
Foreign cryptocurrency exchanges and bitcoin (BTC) trading venues in India may soon be required to start paying 18 percent goods and services tax (GST), according to an Economic Times report on July 2, 2021. origin »
Brazil’s Special Department of Federal Revenue will begin collecting information from foreign crypto exchanges to ensure their operations are in compliance with local regulations, Reuters reported on June 18.
2024-6-19 23:16 | |
Exchanges with Indian customers may have to pay an 18 percent tax
2021-7-2 08:28 | |
India’s Directorate of Enforcement (ED) has reportedly sent a notice to Wazirx, one of the largest cryptocurrency exchanges in India, under the Foreign Exchange Management Act, 1999, (FEMA). The investigation was initiated “on the basis of the ongoing money-laundering investigation into Chinese owned illegal online betting applications,” the ED detailed.
2021-6-12 12:30 | |
The SEC can continue obtaining documents from foreign exchanges and Ripple's overseas business partners via MoU requests
2021-5-20 07:19 | |
South Korean tax authorities are unstoppable in keeping crypto holders in their eyes and making them accountable to pay taxes. The National Tax Service (NTS) has issued a warning to the crypto traders that they have to report their earnings even from tokens held in foreign exchanges.
2021-3-20 03:30 | |
Brad Garlinghouse’s XRP sales took place on foreign exchanges, his lawyers allege
2021-3-4 09:21 | |
The Financial Crimes Enforcement Network (FinCEN) has announced that it will soon propose new regulation affecting cryptocurrency holdings at foreign exchanges. This proposal is separate from the one FinCEN recently proposed on cryptocurrency wallets.
2021-1-2 23:30 | |
Pressured by U.S. authorities, more foreign exchanges are blocking American investors, but are vague U.S. regulations the real problem?
2020-12-17 20:55 | |
Bit Digital, Inc. (Nasdaq: BTBT), has inked a purchase agreement with some unnamed foreign investors for the acquisition of over $13k worth of sophisticated bitcoin mining equipment in exchange for 4,344,711 ordinary shares at the price of $3.
2020-11-14 02:00 | |
The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1. 5% on gross transaction value, local media reported.
2020-10-16 17:00 | |
After several hints, Waves is releasing its Decentralized Foreign Exchange system. This system seeks to profit off the popularity of decentralized exchanges (DEX) with a crossover appeal to Forex traders.
2020-9-30 22:09 | |
The Iranian parliament has proposed to regulate cryptocurrency exchanges and digital currencies under the existing ‘foreign currency exchange’ regulations and ‘money smuggling’ laws, reported a local daily.
2020-5-21 19:29 | |
Russia is always an interesting region when it comes to Bitcoin and other cryptocurrencies. Despite the nation’s negative sentiment toward this form of money, citizens are actively visiting crypto exchanges and trading platforms.
2020-4-16 01:00 | |
Canadian regulators have issued new guidance determining when current securities legislation applies to operations conducted by cryptocurrency exchanges. According to the clarifications in the document, many domestic and foreign entities serving Canadian users, for example those that provide custodial services, will have to abide by the country’s securities laws and act like securities dealers.
2020-1-18 19:10 | |
In recent commentary at a New York blockchain conference, IRS Criminal Investigation Chief John Fort said the agency is now turning its focus to crypto ATMs and kiosks, as well as American users of foreign exchanges.
2019-11-18 12:35 | |
Argentina’s government is imposing stricter measures to prevent access to foreign exchange reserves. As a result, Bitcoin price on one of the country’s local exchanges is currently trading at a 25 percent premium.
2019-11-6 20:00 | |
Virtual private networks (VPNs) can be useful for all kinds of things, from streaming foreign sports to protecting your identity from heightened online surveillance. For cryptocurrency users, VPNs are particularly precious, providing access to exchanges that are geo-restricted, and enabling crypto activities to be completed on the web without leaving a privacy-betraying footprint.
2019-10-30 22:30 | |
The US shares a complicated relationship with North Korea and it is getting, even more, complex. The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on Friday, sanctions against three North Korean hacking groups accused of attacking important institutions, malicious cyber-attacks and stealing millions from cryptocurrency exchanges to financial institutions.
2019-9-14 13:00 | |
North Korea’s notorious state-sponsored hacker team Lazarus Group - the one responsible for stealing more than $500 million from Bitcoin exchanges around the world - has finally been sanctioned by the Trump administration.
2019-9-14 19:57 | |
Blockchain projects in South Korea are increasingly moving away from domestic token issuances in search of deeper markets for their cryptocurrencies. As per a report from Business Korea, August 19, 2019, the number of projects choosing to list overseas are increasing as global exchanges and launchpads open themselves up with Korean Won money markets.
2019-8-20 15:00 | |
Venezuela appears to be leveraging cryptocurrencies as part of a larger effort to bypass US sanctions. According to an investigation by Spanish newspaper ABC, President Nicolas Maduro and his administration are using a digital wallet app called Jetman Pay to convert tax revenue from one of the country’s main airports into Bitcoin and other cryptocurrencies.
2019-7-26 14:02 | |
After the New York attorney general's office produced evidence of Bitfinex engaging in business with New York-based firms and citizens, the crypto exchange claims that the firms it did business with were all Eligible Contract Participants, meaning the company is permitted by regulation to trade on unregistered foreign exchanges.
2019-7-24 19:10 | |
In a set of anti-money-laundering amendments finalized late last month, the Canadian government will now classify both domestic and foreign crypto exchanges as money servicing businesses, meaning they must register with the Financial Transactions and Reports Analysis Centre of Canada to conduct business.
2019-7-12 19:04 | |
Reassurance for Canadians: Cryptocurrency exchanges across the nation will now only have to report transfers of more than CA$10,000 ($7,663). It comes after the Canadian government relaxed some of its new anti-money laundering regulations following feedback from payment service providers and cryptocurrency exchanges.
2019-7-11 15:50 | |
As the world moves towards regulating crypto for its adoption, China’s indecisiveness about crypto and the proposal to ban the mining of crypto could be an area of conflict. In June, the People’s Bank of China [PBOC] in a statement said that it would block access to all domestic and foreign crypto exchanges along with […] The post Tech may push censorship boundaries in China as population shows increasing interest in crypto appeared first on AMBCrypto.
2019-7-5 23:00 | |
The People’s Bank of China [PBOC], the central regulatory authority that regulates Financial Institutions in the country, had issued a statement on June 25 that it would block access to all domestic and foreign cryptocurrency exchanges and ICO websites.
2019-7-4 03:30 | |
TEMCO, a blockchain based e-commerce platform and data solution project, announced on 25th that TEMCO is officially listed on Coinone, one of the biggest cryptocurrency exchanges in Korea. Coinone is currently leading the blockchain related financial service sector including foreign remittance, server engine and node management and conducting selective quality project listings with strict due […] The post Coinone Brings TEMCO Trades to its Retail Investors appeared first on CCN Markets
2019-6-26 12:09 | |
WeChat, the #1 messaging app in China, is also widely used for cryptocurrency transactions. Recently, WeChat Payment has revised the “WeChat Agreement for Payment Service,” which involves the control and regulation of illegal transactions, including cryptocurrency transactions.
2019-5-9 22:54 | |
If you haven’t noticed, crypto exchanges have been making money hand over fist despite the crypto winter. Economist and trader Alex Kruger apparently did and started a conversation about crypto exchange fees, posing the question of whether customers are being overcharged.
2019-3-29 18:46 | |
As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges.
2019-3-20 18:42 | |
Japan, arguably the world’s leader in cryptocurrency regulation, is set to drop more rules on the industry by capping leverage trading on cryptocurrency exchanges. Japanese regulators approved on Friday amendments to Japan’s financial instruments and payment services laws that limit the amount of leverage cryptocurrency exchanges may offer users when margin trading.
2019-3-19 14:00 | |
The U.N. Security Council has heard that North Korea uses cyberattacks and blockchain technology to evade economic sanctions and obtain foreign currency. Through hacking, the reclusive Republic has raked in around $670 million in foreign exchange and cryptocurrency, a panel of experts told the Security Council’s North Korea sanctions committee, ahead of the council’s annual […] The post UN Panel: North Korea Hacked $571M From Asian Crypto Exchanges appeared first on Bitcoin News.
2019-3-9 23:25 | |
South Africa’s Standard Bank Set To Launch Blockchain Technology-Powered Payments System In a bid to facilitate overseas foreign exchanges for its institutional clients in a super fast and cost-efficient manner, Standard Bank of South Africa is making active plans to launch own private permissioned distributed ledger technology (DLT) based payments system, reports Finextra on February […]
2019-3-1 23:55 | |
I had the opportunity to participate on a legal panel with David Silver at the Unconfiscatable: Bitcoin Not Blockchain Conference put on by Tone Vays in Las Vegas.
2019-2-7 20:39 | |
U. S. -based cryptocurrency exchange platform Kraken has completed the largest transaction in its history after it made its foray into the futures trading world with the acquisition of London-based Crypto Facilities.
2019-2-5 21:04 | |
B2Broker, a company that works in the financial sector as a liquidity provider for foreign exchanges (forex) and cryptocurrencies, has recently announced that the company is set to make a really big upgrade.
2019-1-30 02:18 | |
Danish tax authorities will soon be going after cryptocurrency traders in the country and beyond. The plan is to collect data from local bitcoin exchanges in order to verify if citizens who have traded digital assets have paid the right taxes.
2019-1-15 03:50 | |
In a press release today, the U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against two Iranian-based criminals who were using Bitcoin to transfer—and seemingly launder—ransom-related funds.
2018-11-29 07:08 | |
For the first time, the U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has traced illicit bitcoin activity to the public addresses of two sanctioned individuals.
2018-11-29 21:41 | |
The Korean Bar Association, whose membership is mandatory for all lawyers in the country, has campaigned publicly for the government to pass a number of cryptocurrency-related laws. The group specifically proposes regulation for crypto exchanges, initial coin offerings, domestic and foreign crypto transactions, and cryptocurrency funds.
2018-11-9 23:50 | |
The crypto fever has grabbed curious Indian investors who have flocked to several homegrown and foreign exchanges to buy digital coins. The Reserve Bank of India (RBI) took action on the unregulated assets and effectively dried up banking resources for cryptocurrency exchanges.
2018-10-14 23:39 | |
In a move to expand its asset offerings, Coinbase has created a new process by which anyone with a token can apply to have it listed on the platform. This news comes weeks after Coinbase said it was exploring the addition of several new assets including Stellar Lumens (XLM), Zcash (ZEC) and Cardano (ADA).
2018-9-27 01:15 | |
The New York Attorney General’s office has pointed a finger at cryptocurrency exchange Kraken for “potential” violation of state regulations. Now, the San Francisco–based exchange is firing back, saying it does not appreciate what it sees as implications of illegality.
2018-9-21 18:10 | |
Thursday 13th September 2018 was when Ripple announced on their website that NCB (National Commercial Bank) of the Kingdom Saudi Arabia (KSA) has become the latest enterprise customer and joined up with RippleNet and Ripple’s fast growing network of payment providers, virtual asset exchanges, banks etc.
2018-9-14 16:30 | |
There is the possibility that a ‘kimchi premium’ will appear again on the local trading platforms, the Bank of Korea said in its latest report.
2018-9-12 20:49 | |
Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).
2018-9-11 01:58 | |
A new presidential decree legalizes cryptocurrency trading in Uzbekistan, introducing licensing for crypto exchanges and a set of requirements they will be obliged to meet. To operate in the country, foreign trading platforms will have to establish local subsidiaries and abide by the country’s relevant laws.
2018-9-7 17:35 | |
Reddit Co-founder Alexis Ohanian has revealed his optimism about the future success of bitcoin despite the daily slump in price in an interview with Yahoo Finance.
2018-8-27 18:22 | |
China has a population that is becoming increasingly interested in Bitcoin and other cryptocurrencies; but, its government has also been ratcheting up efforts to suppress the growth of digital assets amongst the country’s people.
2018-8-25 12:12 | |