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Vietnam Central Bank Backs Call for a Ban on Cryptocurrency Miner Imports

The State Bank of Vietnam (SBV); the country’s central bank, has adopted the Finance Minister’s call for a prohibition on the importation of cryptocurrency mining rigs. SBV Sides with MoF and MoIT In June 2018, Vietnam’s Ministry of Finance (MoF) called for a ban on the importation of cryptocurrency mining rigs. Considering that cryptocurrencies are дальше »

2018-7-21 22:26


Stasis Launches EURUS Cryptocurrency Stablecoin Project On DSX Exchange

Stasis Launches New Currency Project EURUS On DSX Exchange The Stasis project of Malta recently launched a brand-new stablecoin, EURS, during an event at the Maltese Chamber of Commerce. In a sign of support for cryptocurrency market, the Prime Minister of Malta attended the launch, with President Marie-Louise Coleiro Preca posting pictures from the event […] дальше »

2018-7-12 22:29


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Regulatory Round-Up: U.K. Chief Blockchain Officer, DLT Cohort in FCA Sandbox, Central Bank Calls Crypto ”Fallacy”

In recent regulatory news, U. K. minister, Eddie Hughes has published a report that advocates for the creation of a “Chief Blockchain Officer,” the U. K. Financial Conduct Authority has announced that a number of distributed ledger (DLT) companies have been accepted into cohort 4 of its regulatory sandbox, and Finland’s Central Bank has published a report […] The post Regulatory Round-Up: U. дальше »

2018-7-7 21:30


Venezuela’s Oil-Backed Petro Cryptocurrency To Finance Country’s Housing Project

As per an announcement reported via native news, Telesur, it is believed that the next use of Venezuela’s oil-based cryptocurrency, Petro has been established. The minister of the Habitat and Housing of Venezuela, Ildemaro Villarroel confirmed that new efforts are in place to provide housing to the country’s homeless through a project called “La Gran […] дальше »

2018-7-5 08:54


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Malta Passes Blockchain Bill to Confirm Itself as the Blockchain Island

The Parliament of Malta has passed three bills into law that establish a regulatory framework for blockchain technology, local news outlet Malta Today reported July 4. The bills include the Malta Digital Innovation Authority Act, the Innovative Technological Arrangement and Services Act, and the Virtual Financial Asset Act. In May, the Transport Minister of Malta дальше »

2018-7-5 07:26


Malta’s Prime Minister Confirms The Approval Of The Three Crypto-Friendly Bills Later Today

The Prime minister of Malta Joseph Muscat, known to publicly express his interest in Cryptocurrency time and time again has in a press conference which took place on the 4th of June revealed that the three cryptocurrency bills aimed at creating a more Crypto-friendly environment for Blockchain and Cryptocurrency will eventually be approved by the […] The post Malta’s Prime Minister Confirms The Approval Of The Three Crypto-Friendly Bills Later Today appeared first on ZyCrypto. дальше »

2018-7-5 00:24


Used Blockchain to Rebuild Societal Trust and Saved 8 Billion, Report tell UK Governor

UK housing minister Eddie Hughes released a report into blockchain July 4, calling on the government to “show leadership” by making the technology and its benefits a priority. The report, ‘Unlocking Blockchain,’ makes several key proposals, using state projects currently underway in Estonia as the standard authorities should follow at home. “The state should focus дальше »

2018-7-4 18:26


Japan Undecided On Crypto Gains Taxing

Japanese politicians are questioning their Minister of Finance, Taro Aso, on the type of taxes they are applying on cryptocurrency gains in the country. While the politicians are demanding to treat profits from these virtual currencies as a ‘separate declared taxation,’ financial officials in the island country prefer to continue with the current ‘miscellaneous income’ […] The post Japan Undecided On Crypto Gains Taxing appeared first on ZyCrypto. дальше »

2018-6-27 17:39


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Bahamas to Introduce Own Crypto, Aims to Digitize Government, Financial Services

The Central Bank of Bahamas has officially announced plans to introduce a national cryptocurrency, as well as blockchain-powered digitization of Bahama’s government and financial services. The announcement was made by Deputy Prime Minister K Peter Turnquest on Friday, June 22, during the Bahamas Blockchain and Cryptocurrency Conference. дальше »

2018-6-27 13:28


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Japan wants to remove its progressive crypto tax rate

However, the country’s Deputy Prime Minister, Taro Aso, wants to change how crypto transactions are taxed, from a progressive rate to a uniform rate. Accounting software company Freee described, “Miscellaneous income is subject to comprehensive taxation, and the tax rate is decided according to the amount combined with other income such as salary income.” The дальше »

2018-6-26 11:42