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Tuesday Apr 24th 2018
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World

Latest Ethereum and Blockchain News

NEWS
world

Philippine SEC Defines Cloud Mining Contracts As Securities

Apr 11th, 2018
Adam Reese
Cryptocurrency cloud mining contracts will now be considered securities in the Philippines, and entities that intend to sell them must apply for licensure.
NEWS
world

Digital Day 2018 Highlights EU Blockchain Partnership Initiative

Apr 11th, 2018
Jordan Daniell
The European Commission brought prominent digital technology stakeholders from across Europe together with the aim of reaching joint commitments to bolster the European Union’s digital future.
NEWS
world

Polish Tax Policy Worries Cryptocurrency Traders

Apr 10th, 2018
Matthew De Silva
On Wednesday, Poland’s Ministry of Finance published a notice about the tax treatment of cryptocurrencies, detailing applicable rules and requirements. The repercussions of the guidance have only been realized in the last several days.
NEWS
world

Cryptocurrency Subject To Income, Capital Gains Taxes In South Africa

Apr 9th, 2018
Jen Luker
SARS recently clarified that, for now, it will not be creating new tax rules for cryptocurrencies. Gains and losses will need to be reported as assets under existing laws.
NEWS
world

Reserve Bank Of India Prohibits Banking Services For Cryptocurrency Firms

Apr 5th, 2018
Matthew De Silva
On Thursday, the Reserve Bank of India (RBI) barred regulated entities from working with businesses or individuals dealing with cryptocurrencies. However, the RBI also addressed the possibility of a central bank digital currency.
NEWS
world

Venezuela In Talks To Purchase Russian Auto Parts Using Petro Cryptocurrency

Apr 4th, 2018
Adam Reese
Russia may allow Venezuela to purchase auto parts from a domestic manufacturer using its controversial state digital currency, the petro. Both countries are presently subject to US sanctions.
NEWS
world

[UPDATED] Russian Central Bank Pitches Ethereum Platform To Support EAEU Payments Network

Apr 3rd, 2018
Adam Reese
An official with Russia’s central bank has said that a proposed pan-EAEU payments network could be launched on an Ethereum-based platform.
NEWS
world

UK FCA Warns Against Bulgarian Cryptocurrency Derivatives Provider

Mar 29th, 2018
Matthew De Silva
On Thursday, the UK’s Financial Conduct Authority (FCA) published a cautionary note about Olsson Capital, a Bulgarian firm that has been offering cryptocurrency-linked financial products in the United Kingdom without authorization.
NEWS
world

Thai Digital Asset Regulation To Begin In April; Draft Decree Details Tax Standards

Mar 29th, 2018
Matthew De Silva
According to a draft version of a royal decree, ICO issuers in Thailand will have 90 days to inform the SEC of their intentions. The document also states that digital asset trades will be subject to a 15 percent capital gains tax and a seven percent value-added tax, regardless of a trade’s profitability.
NEWS
world

China’s IT Ministry Hints At Blockchain Standardization Committee’s Mandate

Mar 23rd, 2018
Adam Reese
The role of a recently-announced blockchain standards committee, which will be a Chinese government body, is beginning to come into focus.
NEWS
world

UK Announces Cryptocurrency Taskforce, Australian FinTech Partnership

Mar 22nd, 2018
Adam Reese
Several UK government agencies will collectively make up a newly unveiled cryptocurrency taskforce.
NEWS
world

Mnuchin To Host International Talks On Venezuela

Mar 22nd, 2018
Adam Reese
Officials from the EU, Canada, the UK, several Latin American nations, and the US will meet in April to discuss strategies to ramp up economic pressure against Venezuela’s government.
NEWS
world

OECD Urges Examination Of Tax Standards For Cryptocurrency, Blockchain Technology

Mar 21st, 2018
Matthew De Silva
On Tuesday, the OECD called for international collaboration regarding taxation matters, specifying that its Forum on Tax Administration will study the “tax consequences” of cryptocurrencies and blockchain technology. In the last week, the intergovernmental organization also addressed the emerging sector through its report on the “Tax Challenges Arising from Digitalisation.”
NEWS
world

G20’s Closing Statements On Cryptocurrency And Blockchain

Mar 21st, 2018
Lucinda Michele Knapp
The G20 summit in Argentina closed its session with a directive for future development of crypto-asset and blockchain standards, protections, and innovation.
NEWS
world

France’s Le Maire Places Cryptocurrency Regulation ‘At Heart’ Of G20 Discussions

Mar 20th, 2018
Jordan Daniell
France’s minister of finance published an op-ed today, highlighting France’s crypto-related ambitions. He used very enthusiastic language and likely timed the publication to coincide with today’s G20 meeting of central bankers.
world

G20 Summit Attendees Largely Agree That Cryptocurrencies Are Assets

Mar 20th, 2018
Adam Reese
Financial authorities currently attending the 2018 G20 Buenos Aires summit are reportedly nearing a consensus on the position that cryptocurrencies are assets.