Tag Archives for " Crypto "

Executives of Korean Exchange Sentenced to Jail for Faking Volumes

Exchanges Two executives of a South Korean cryptocurrency exchange have reportedly been sentenced to jail for inflating trading volumes on their exchange. The pair allegedly used a bot to fake large orders in both cryptocurrencies and Korean won. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Prison Sentences Two executives of […]

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Stock Exchange of Thailand Unveils Plan to Enter the Crypto Space

Exchanges The Stock Exchange of Thailand is reportedly planning to launch a cryptocurrency exchange. The securities companies that are members of the exchange will also apply for cryptocurrency broker-dealer licenses with the country’s regulator. Thailand currently has three licensed crypto exchanges. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations SET Planning […]

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ShapeShift Aided 60 Law Enforcement Inquiries in 2018, Erik Voorhees Reveals

It seems like ShapeShift has done exactly as its name suggests, changing form almost beyond recognition. Founder, CEO, and no fan of the SEC, Erik Voorhees’ exchange once existed without accounts. Now they have full KYC and hand over customer data upon request. ShapeShift Shocked Crypto World With KYC In what can only be described […]

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Bitcoin Too Risky? US Lottery Ticket Sales Exceed Entire BTC Market Cap

Every year, US citizens spend north of $70 billion on state lottery tickets. That’s almost $8 billion more than the entire market cap of Bitcoin. And more than half of the entire crypto market as a whole. US Citizens Spend Billions on Lottery Tickets Comparison is a great way of putting things in context. Lose […]

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South Africa to Start Tracking All Cryptocurrency Transactions in 2019

Owning bitcoin in South Africa just got a little harder, or at least it will do by the end of quarter one this year. According to a consultation paper published yesterday by the South African Reserve Bank (SARB), some hefty new regulation surrounding and exchanges and ATMs is about to be enforced. South African Regulators […]

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Bulgarian Tax Authority to Inspect Crypto Exchanges and Traders

Taxes The National Revenue Agency of Bulgaria is preparing to conduct inspections on cryptocurrency trading platforms and their customers. The authority wants to make sure that both are fulfilling their obligations under the country’s tax and social security laws. Also read: Denmark’s Tax Agency to Collect Information About Bitcoin Traders Nine Crypto Companies Subjected to […]

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Expect ‘Large increase’ in Cryptocurrency Taxes Filed for 2018, Says Bittax CEO

Bitcoinist spoke with Gidi Bar Zakay, CEO and founder of Bittax at the recently held Israel Bitcoin Summit in Tel-Aviv about cryptocurrency tax obligations for users and how the regulatory landscape is taking shape around the globe.  Bitcoinist: Why did you decide to launch Bittax? Are Bitcoin taxes too cumbersome to calculate for the average person?  […]

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Bakkt Expands Compliance Capabilities With Its First Acquisition

Fresh from completing its maiden funding round, Bakkt announced its first acquisition on Monday, Jan. 14, 2019. The daughter company of the Intercontinental Exchange (ICE) is also eyeing the possibility of expanding beyond the U.S. market. Bakkt Acquires RCG Back Office Bakkt announced the news of the acquisition via a Medium post by CEO, Kelly Loeffler. […]

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Japanese Regulator Clarifies Stance on Bitcoin ETFs and Derivatives

Regulation Japan’s top financial regulator has clarified to news.Bitcoin.com its stance on bitcoin exchange-traded funds (ETFs), cryptocurrency derivatives, and upcoming regulatory changes. This follows reports that the agency may be considering approving an ETF that tracks cryptocurrencies. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Bitcoin ETFs and Derivatives Following recent […]

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