Chile has set sights on the cryptocurrency sector as it looks to generate additional revenues. Immediate reports indicate that the country’s revenue authority will start taxing the sector, in the second quarter, as it seeks to expand the current tax structure.
The SET says that citing the growing interest of investors in digital assets, the exchange is willing to take new measures.
Several regulatory bodies and the South African central bank has proposed regulations to protect the local investors.
Vontobel’s venture into crypto custody sector is an extension of previous excursions in the crypto industry that began with issuance of Tracker Certificates for Bitcoin investors. Fidelity is the only major Wall Street institution with such services.
The new platform will make it easy for small scale news publishing startups to get through the on-boarding process. It will also provide affordable system for best editorial practices.
The tokenized securities platform will allow trading of real-world financial instruments like equities and commodities using digital tokens.
The security vulnerability would have allowed the attacker to steal the code and withdraw investors funds.
In this article, we address security token offerings, alongside the main benefits associated with this new regulated crypto fundraising model.
Offices belonging to Cryptopia remain under police lockdown after the New Zealand based cryptocurrency exchange suffered a major security breach. Immediate reports indicate that hackers could have walked away with millions of dollars, on gaining access to the exchange’s wallets.
The New York Stock Exchange parent company, Intercontinental Exchange, is moving forth with plans to launch its Bitcoin backed platform Bakkt.
Russia plans to start acquiring Bitcoin as its reserve currency from February in a bid to stop its dependency on the U.S. Dollar.
NASA is reportedly working on a blockchain-based aircraft flight data securitization system, to protect military and corporate aircraft data.
VFD Capital has sold off a substantial amount of stakes in NEM Insurance. The firm joins a string of other investors led by Eaton Acquisition Limited and Three Seas Investment that have also severed ties with the company on offloading stakes.
The Chinese authorities tell that the new regulations are necessary measures to strengthen the country’s blockchain industry.
Square Enix considering adopting emerging technologies, Blockchain among them to scale production and sales. Yosuke Matsuda expects 2019 to experience fundamental changes in the digital content industry.
Brave blog has achieved a significant milestone on its bid to become a go-to web browser for privacy protection. In a press release, the crypto-powered web browser has confirmed that the number of active users visiting the browser has clocked the 5.5 million mark.
The Swedish National Bank has issued a statement, after reports of scammers selling inexistent e-krona digital currency have surfaced.
The European Banking Authority believes it is high time the European Union came out clear on the regulatory framework pertaining to crypto assets. Current policies and regulation applicable in the financial sector fall outside the scope of cryptocurrencies
The report notes that although several central banks are experimenting CBDCs, a large number of them are still not confident about issuing them considering the risks posed by the crypto sector.
The Venezuelan government has published a new decree that asks crypto operators to pay taxes in the respective cryptocurrencies in which they are operating.