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Cryptonews Tags Cryptocurrency

# Cryptocurrency (Page 160)

Institutional Bitcoin Investors Hodl As S&P DJI Opens New Crypto Bridge
Institutional investors are about to get another instrument to access cryptoassets as they have already poured billions of US dollars in bitcoin (BTC) only. And these investors are not looking to sell BTC anytime soon, according to analysts.Today, US-based major index provider S&P Dow Jones...
, by Gerelyn Terzo
Crypto Proves Central Banks Are Obsolete, Says UIC Barcelona Professor
A Spanish economics professor said that the popularity of crypto proves that central banks have become “obsolete” in the modern world.The comments were made by professor Pablo Agnese, a tenured lecturer in the Department of Economy and Business Organization at the Universitat...
, by Tim Alper
Canada-listed Braingrid Invests in Cryptonews.com
Toronto-based and the Canadian Securities Exchange-listed tech company Braingrid is refocusing its business in order to become an investment company, with the agreed acquisition of a majority stake in Cryptonews.com being among its first deals.The provider of technological solutions for the...
, by Linas Kmieliauskas
OECD Says It Is Working on Crypto Tax Reporting Standards for 2021
The Organisation for Economic Co-operation and Development (OECD) looks set to adopt an international set of standards that will change the way crypto taxes are reported – and the body is ready to apply the same kind of tax standards as it uses to police conventional finance in its efforts to...
, by Tim Alper
This Is How Confiscated Bitcoin, Ethereum, And Monero Sold By The Taxman
Selling the confiscated EUR 6.4m (USD 7.63) in crypto for the Lithuanian tax authority was a lengthy and complicated process that lasted at least two months and required long preparation and detailed coordination between the seller, supplier, trading partners, and intermediary banks so as to avoid...
, by Sead Fadilpašić
Widespread Use Cases Would Bring More People To Crypto – Survey
Another crypto-related survey has reminded of the importance of user-friendly solutions that would help to spend your cryptocoins, increasing both adoption and demand for these digital assets. 23% of the recently surveyed Brits said they were “open to purchasing crypto if widespread use was...
, by Tim Alper
Spanish Security Giant Prosegur Enters Crypto Custody Race
Another international security services behemoth has taken the crypto plunge, with Spanish firm Prosegur launching a dedicated subsidiary that will offer crypto custody services.The company, which is based in Madrid, has over 160,000 employees worldwide and reported net profits of almost USD 190m...
, by Tim Alper
SWIFT-based FATF Rules Poor Fit for Crypto Industry, Says V20 Speaker
A speaker at the V20, a crypto conference held parallel to G20 summits, have suggested that the Financial Action Task Force (FATF) so-called Travel Rule and accompanying guidelines may not be fit for purpose – and may be based on outdated, centralized models.The Travel Rule is part of a set...
, by Tim Alper
Russian Ministry Wants to Jail Citizens Who Don’t Declare Bitcoin Earnings
An expert has claimed that the Russian Ministry of Finance’s plans to hit crypto holders with jail time if they fail to declare their earnings may be misguided – and said that while “dirty” crypto deals regularly go through unchecked in the country’s capital, the...
, by Tim Alper
Argentinean Crypto Bill Headed for Parliamentary Vote
Crypto is dominating the headlines across the board in Argentina, with an ambitious private member’s bill proposing the legalization of cryptoassets and the launch of a central bank digital currency (CBDC) heading toward a parliamentary vote.According to iProUp, the bill has been masterminded...
, by Tim Alper
Crypto Regulation in 2021: The Piecemeal Approach & New Winds
2021 might bring a softening in the stance of many nations. Regulators to increasingly shape crypto into a consumer-friendly, sanitized product. Competition of who can provide the most attractive regulatory regime for the crypto industry might begin.2020 may have been a big year for cryptoassets,...
, by Simon Chandler
Bitpanda Eyes New Markets, Assets as Regulators Move ‘Into The Right Direction’
The recent crypto-related regulations are beneficial for both the industry and the end-user, as they not only bring more trust leading to more adoption, but are also harmonizing the crypto frameworks across Europe, Lukas Enzersdorfer-Konrad, Chief Operating Officer (COO) at Vienna-based digital...
, by Sead Fadilpašić
Russian Crypto Traders May Be Forced to Declare Earnings to the Taxman
Russia’s parliament, the State Duma, will debate a new draft law that would force Russians to declare “electronic” asset earnings and holdings on overseas-based platforms – in a move that could potentially impact crypto traders.Although the draft bill does not make specific...
, by Tim Alper
Trump & Biden Voters Put Crypto Prediction Markets To The Test Today
Though several prediction markets appeared in the Cryptoverse recently, today they are being tested with their first US presidential elections. On the day of the 2020 presidential elections in the US, the prediction market tables seem to have turned against the still-President Donald Trump, and now...
, by Sead Fadilpašić
PayPal CEO: Financial System ‘Not Working,’ Users ‘Very Eager’ For Crypto
Dan Schulman, CEO of online payments giant PayPal, has presented his diagnosis of the current financial system’s shortcomings, claiming it is inefficient and causing millions of people to be excluded, as the company expands into cryptocurrencies. “The pandemic has brought focus to the...
, by Jaroslaw Adamowski
Russian Central Bank Chided for ‘Deliberately Slowing Crypto Progress’
The head of a Russian crypto and blockchain industry group has launched a stinging attack on the nation’s Central Bank (CB), essentially accusing it of purposefully slowing down the launch of the nation’s digital economy with anti-business policies – and condemning its plans for a...
, by Tim Alper
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