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WaykiChain (WICC) Signs MoU with Montenegro Capital Market Authority to Provide Blockchain Support to Montenegro Fintech Ecosystem
26.12.2019
According to DPD Group research, European people still prefer to use bank cards and cash for online payments. However, a typical cross-border payment lifecycle involves several steps and parties to process the payments, which takes days to complete. Is there any other better payment method to solve...
Russian Opposition Leader Navalny Raises $700,000 in Crypto Donations
19.12.2019
Alexei Navalny, Russia’s leading critic of the current Kremlin administration, has attracted a serious amount of cryptocurrency in the form of anonymous donations for his corruption-combatting NGO. The digital coins collected since the beginning of this year have amounted to well over...
Bitcoin App Bottle Pay Shuts Down Over Impending EU Money-Laundering Laws
13.12.2019
Bottle Pay is shutting down, citing the EU's new AML rules, which could compel crypto wallet providers to collect KYC info from users starting next month
Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners
11.12.2019
The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their crypto transactions; it recently obtained information on these...
Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun
11.12.2019
On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows “strong...
Italian Copyright Authority and Algorand Develop Blockchain Ecosystem for Copyright Management
7.12.2019
Italian copyright authority teamed up with Algorand to develop a new ecosystem for copyright management based on blockchain technology
Brazil’s Tax Authority Fines Those Who Fail to Declare Bitcoin and Crypto
6.12.2019
The tax authority of Brazil fines taxpayers who fail to declare their Bitcoin and crypto transactions
Gemini Hires Former Starling Bank Founder as Managing Director of Europe
4.12.2019
The exchange hired Julian Sawyer, former co-founder and chief operating officer of a U.K. digital bank, to shape the exchange’s strategy in the region and manage European hiring
Swiss Licensed Crypto Bank Expanding Into 9 Markets
1.12.2019
A fully operational crypto-focused bank based in Switzerland is expanding into nine other markets. With a banking and securities dealer license from the Swiss Financial Market Supervisory Authority, its services include crypto custody, trading, and asset management. The bank has launched...
Russian Tax Authority Registers Crypto as Part of a Company’s Capital
27.11.2019
A company has blazed a trail in Russia, successfully convincing the country’s tax agency to accept that its equity capital now includes cryptocurrency. The change in the ownership distribution has been registered after the firm filed a set of notarized documents confirming a new investment...
Regulatory Roundup: China Rekindles Cleanup, US Widens Oversight, India Defers Decisions
25.11.2019
News.Bitcoin.com has initiated a regular roundup of cryptocurrency regulatory developments around the world. For the first edition, we cover six U.S. regulators and India’s decisions on the supreme court hearing and crypto bill. We also cover China’s rekindled cleanup...
Proof-of-Authority Algorithm Use Cases Grow: From Pharma to Games
16.11.2019
Fast, scalable and efficient: Why Microsoft, Walmart, and PwC opt for the proof-of-authority consensus algorithm
“Run Green Finance on Blockchain,” Encourages Chief FinTech Officer of Singapore’s Monetary Authority
14.11.2019
Green finance is about monitoring, measuring, and mobilizing finance for green assets
Propine Acknowledged by the Monetary Authority of Singapore’s Fintech Regulatory Sandbox
8.11.2019
The Monetary Authority of Singapore’s (MAS) FinTech Regulatory Sandbox has acknowledged PROPINE, a Singapore-based startup delivering services for digital securities and sanctioned a conditional license most recently. Propine is the first organization to get conditional approval by...
Hong Kong Monetary Authority (HKMA) Joins Hands With PBoC to Enhance Blockchain Opportunities
7.11.2019
The Hong Kong Monetary Authority (HKMA), the leading financial institution, has broadcasted the news of its strategic collaboration with the People’s Bank of China (PBOC) on its central bank digital currency (CBDC). The two leading banking authorities have entered into the partnership via...
European Banking Authority (EBA) to Deliver Keynote Address at the Annual Payments International Conference
6.11.2019
With a clear focus on quality, our exclusive speaker line-up at Payments International 2019 will provide an unparalleled platform for professionals in the payments arena to learn, meet, mingle, establish, and reinforce business relationships. Payments International brings you insights into...
Finland Approves First 5 Crypto Service Providers
5.11.2019
Finland’s crypto regulation is now in full effect. The first five crypto service providers have been approved to legally operate in the country, the Finnish financial regulator confirmed to news.Bitcoin.com. The grace period for operating without registration has expired. Also read: Finland...
Britain’s Tax Authority Updates Crypto Guidelines
4.11.2019
Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities...
UK Tax Authority Issues Crypto Guidance for Businesses
4.11.2019
After clarifying how individual taxpayers should deal with cryptos last year, the U.K.'s HMRC has now issued guidance for enterprises
British Tax Authority Updates Cryptocurrency Guidelines, Says It Is Not Money
3.11.2019
Her Majesty’s Revenue and Customs has updated cryptocurrency taxation guidelines for businesses and individuals