Category: Daily Roundup

Roundup – 23/01/2019 – Romania Imposes 10% Tax on Gains Through Cryptocurrencies & more

Romania Imposes 10% Tax on Gains Through Cryptocurrencies Romania has become the latest country that will tax its citizens on their cryptocurrency gains. The tax amendment foresees a 10% taxation on cryptocurrency gains through investments. This does not include revenues that are paid in Bitcoin. The tax does not apply for gains below 600 Ron […]

Roundup – 22/01/19 – Dutch Central Bank Devises Plan to Licence Crypto Exchanges & more

Dutch Central Bank Devises Plan to Licence Crypto Exchanges The Dutch Central Bank (DNB) has devised a new approach to cryptocurrencies. According to DNB, cryptocurrencies are means that bear a high-financial crime risk. Therefore, the government should give exchanges official licences if they meet the required regulations. The strict application of AML/CFT regulations is seen […]

Roundup – 21/01/2019 – South Africa Establishes Anti Crypto Policies & more

South Africa Establishes Anti Crypto Policies The Central Bank of South Africa has released a consultation paper that establishes an entirely new approach to cryptocurrencies in the country. It classifies cryptocurrencies as assets, recommends taxation and strong AML regulations. A very unorthodox approach is the Reserve Bank’s approach to make wallet providers liable to monitor […]

Roundup – 19/01/2019 – Wyoming Might Legalize Cryptocurrencies as Money & more

Wyoming Might Legalize Cryptocurrencies as Money A group of pro-Bitcoin Senators and Represantatives have introduced a bill that seeks to give cryptocurrencies the legal status of money. This would give owners of cryptocurrencies property rights. Banks could offer custody and other services for cryptocurrencies without acquiring special licences. Last but not least the citizens of […]

Roundup – 18/01/2019 – Russia Denies $10bn Investment Rumours & more

Russia Officially Denies $10bn Bitcoin Investment Rumours  The Russian government has reacted to recent rumours that it would invest “$10 billion” in Bitcoin. Elina Sidorenko, chair of the Duma’s cryptocurrency group, officially denied that there is any truth to the rumour. Sidorenko stated that the Russian Federation “like any other country in the world” is […]

Roundup – 17/01/2019 – Binance Froze Stolen Crypto Funds – Security Debate Sparked & more

Binance Froze Stolen Crypto Funds – Security Debate Sparked The exchange Cryptopia was hacked yesterday and the hackers apparently sent the funds to Binance. As the funds can be tracked via the blockchain a Twitter user reported that the hackers send the funds to their accounts on Binance. The Twitter user @ShaftedTangu notified Binance about […]

Roundup – 16/01/2019 – Maduro: Plan to Raise Minimum Wage and Value of Petro & more

Maduro: Plan to Raise Minimum Wage and Value of Petro  Nicolas Maduro announced a ‘new monetary system’ in which Venezuela will raise the value of the cryptocurrency Petro as well as the country’s minimum wage. The minimum wage is set to increase by 300% to 18,000 Bolivar per month, the equivalent of $6.70. However, what […]

Roundup 15/01/2019 – Fake News: Russia to Invest $10 bn in Bitcoin & more

Russia to Invest $10 bn in Bitcoin – Fake News Yesterday, the Telegraph reported that Russia is likely going to invest $10 billion in Bitcoin. Vladislav Ginko, a Russian economist, spread the rumour. According to him, the Russian government has done “enormous work” to “start investing huge amounts of Central Bank’s reserves into Bitcoin”. However, […]

Roundup 14/01/2019 – Gate.io: 51% Attacker on ETC Networrk Returned $100,000 & more

Gate.io: 51% Attacker Returned $100,000 in Ethereum Classic Gate.io reported that the 51% attacker gave back its funds in Ethereum Classic that were stolen last week. The exchange reported that they tried to contact the attacker. But they have not received any answer as of now. In its press release, the exchange stated that the […]

Roundup 12/01/19 – Pavel Durov Liquidates Telegram Messenger LLP on the British Islands & more

Pavel Durov Liquidates Telegram Messenger LLP on the British Islands Pavel Durov the creator of vk.com and Telegram is liquidating Telegram Messenger LLP, the company that currently operates Telegram nominally. The company is situated on the British Virgin Islands. However, there are several other companies that belong to Pavel Durov and his brother and that […]
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