William Hitman, Director at the Division of Corporation Finance of SEC (Securities and Exchange Commission), sees blockchain as a promising technology of the future. The initial coin offering, he notes, is a vital alternative way of doing business. … [Read more...] about US authorities to regulate crypto market in ‘balanced way’
France lowers capital gain tax on cryptocurrency to 19%
Retail traders until recently had to pay up to 45% tax on each transaction, not counting social security payments of 17.2%. The government has changed the rules, lowering the bar by more than twice. … [Read more...] about France lowers capital gain tax on cryptocurrency to 19%
Nasdaq considers to become crypto exchange in future, already supports Gemini
Nasdaq CEO Adena Friedman told CNBC that over time the exchange could become a platform for trading digital currencies. … [Read more...] about Nasdaq considers to become crypto exchange in future, already supports Gemini
Christine Lagarde shared her opinion on cryptocurrency and blockchain
Managing director of the International Monetary Fund (IMF) Christine Lagarde has recently published two blog posts on cryptocurrencies, describing disadvantages of digital assets and benefits they could provide. … [Read more...] about Christine Lagarde shared her opinion on cryptocurrency and blockchain
Tom Lee of Fundstrat would choose Bitcoin over Bitcoin Cash
Cryptocurrency investor and Fundstrat Global Advisors co-founder Tom Lee shared his opinion on what cryptocurrency he would put his money in. … [Read more...] about Tom Lee of Fundstrat would choose Bitcoin over Bitcoin Cash
Former JP Morgan manager says cryptocurrency will lead to financial revolution
Daniel Masters, former JP Morgan trader and chief investments officer at Global Advisors, believes the digital money has transformed into something the regulators, banks and governments cannot ignore. In the coming future crypto-coins will become part of the common financial ecosystem. … [Read more...] about Former JP Morgan manager says cryptocurrency will lead to financial revolution
Crypto news in brief (April 24, 2018): US Federal Reserve, Goldman Sachs, Singapore, Hong-Kong, MyEtherWallet
- US Federal Reserve welcomes anonymous cryptocurrencies - Goldman Sachs hires a crypto trader - China gives way to Singapore and Hong-Kong as leaders in ICO - MyEtherWallet is under hacker attack - Every fifth financial company to launch crypto trading … [Read more...] about Crypto news in brief (April 24, 2018): US Federal Reserve, Goldman Sachs, Singapore, Hong-Kong, MyEtherWallet
Iran’s central bank rules out cryptocurrencies
The Central Bank of Iran (CBI) issued a statement prohibiting the country’s banks and financial institutions from dealing with cryptocurrencies. … [Read more...] about Iran’s central bank rules out cryptocurrencies