South Korea proposes gradual tax imposition on cryptocurrency trading
The South Korean government is proposing a trading tax on cryptocurrencies, as part of its tax reform plan for 2020 due to be announced later this year.
Bitcoin Prices Rise To Highest Since October
Bitcoin prices rallied today, reaching a fresh 2020 high as the digital currency benefited from multiple tailwinds. The cryptocurrency climbed to $9,745.17 at roughly 1:30 p.m. EST, according to CoinDesk price data.
Broctagon partners with Hashstacs on Singapore blockchain project
Singapore-based Broctagon Fintech Group has announced a partnership with enterprise blockchain technology provider, Hashstacs, to help bring blockchain in Singapore to more commercial usage.
Singapore introduces new AML rules for crypto
All crypto businesses in Singapore are now required to first register and then apply for a license to operate in the jurisdiction under the Payment Services Act 2019 framework.
Will 2020 Be The Year Cryptocurrency And Blockchain Becomes Operational?
The buzzword of blockchain and cryptocurrency was humming as giants tech giants like Microsoft, IBM, AWS, Oracle and many, many more started testing the waters.
Coinbase wants to make it easier for global institutional clients to store their crypto
Mostly known for its retail investment platform, Coinbase has been making an institutional push over the years, selling professional trading and custody services to institutional investors with deeper pockets. Financial custodians are responsible for holding securities on behalf of their clients.
First crypto captive sets up in Bermuda
Gemini Trust Company, a cryptocurrency exchange and custodian, has launched a captive insurance company licensed by the Bermuda Monetary Authority [BMA] to insure Gemini Custody.
Bahrain Central Bank to trial crypto toolkit developed by the World Economic Forum
Bahrain’s Central Bank is to pilot a new toolkit developed by the World Economic Forum to check the effect of usage of digital currency in its economy.
Russia’s New Prime Minister Wants Cryptocurrency To Be Taxed
Mishustin was the director of the Russian version of the Internal Revenue Service. One of his most noted achievements was to stop fraud in VAT tax refunds, and reduce red tape so companies are not being audited all the time.
Iran Crisis: Bitcoin Price Surges Amid Growing Tensions With Us
Escalating tensions between the US and Iran have prompted a price surge price for bitcoin and other cryptocurrencies, according to market analysts.
Bitcoin price set 'to surge' amid heightened geopolitical tensions
Escalating tensions between America and Iran are likely to drive the price of Bitcoin higher, according to Nigel Green, CEO and founder of Dubai-based DeVere Group.
Blockchain To Become Mainstream In Finance
The digital ledger technology could radically shake up five sectors as it streamlines the process and opens up the market: trade finance, payments, trading, insurance and digital identity.
Hsbc To Use Blockchain To Track $20bn In Private Assets
The platform, known as Digital Vault, will give investors real-time access to records of securities bought on private markets, HSBC told Reuters, and seeks to capitalise on booming interest in such investments by yield-hungry investors.
Atom Group launches crypto trading platform in Hong Kong
Hong Kong-based startup Atom Group has officially launched its crypto trading platform based on the matching engine technology of the London Stock Exchange (LSE) amid a tightening of the region’s crypto-regulatory regime.