French Lawmakers Decreases Crypto Tax by 6 Percent | Coindelite News
Cryptocurrency News

French Lawmakers Decreases Crypto Tax by 6 Percent

French lawmakers have done minor changes to the 2019th budget bill which will decrease capital gains tax on Bitcoin sales to 30 percent from 36.2 percent. This would make digital currency transactions in line with other non-real estate assets that are taxed at a flat rate of 30 percent. According to …

Thai's Minister Calls For More Crypto Regulations | Coindelite News
Cryptocurrency News

Thai’s Minister Calls For More Crypto Regulations

Wissanu Krea-ngam, the Deputy Prime Minister of Thailand, has called for more regulations on cryptocurrencies. Earlier this year Thailand introduced a regulatory framework for cryptocurrencies. Krea-ngam said that new measures must be introduced both domestically and internationally. Krea-ngam was recently a part of the Counter-Terrorism Financing Summit. Meantime, he said …

Blockchain To Airdrop Stellar Lumens Worth $125M | Coindelite News
Cryptocurrency News

Blockchain To Airdrop Stellar Lumens Worth $125M

Blockchain has planned to distribute $125 million worth of Stellar Lumens (XLM) to its 28 million users who register for the airdrop. Blockchain, the cryptocurrency wallet provider will be hosting the “largest crypto giveaway in history.” The firm wants to disperse $125 million in Stellar Lumens (XLM) to its wallet users …

Turkish Police Arrest 11 Wallet Account Hackers | Coindelite News
Crypto Hack

Turkish Police Arrest 11 Wallet Account Hackers

The cryptocurrency wallet hacks are one of the biggest threats in the cryptocurrency space. According to reports, the Turkish National Police and the Cybercrime team has arrested 11 criminals included in crypto account hacks. Victims have reported more than $80,000 in losses. The report claims that 14 individuals have complained …

BlackRock Waiting for Crypto To Be Legit
Cryptocurrency News

BlackRock Waiting for Crypto To Be Legit

BlackRock, the largest asset manager in the world is putting a hold on Bitcoin ETF for now. The company says that it is waiting for cryptocurrencies to become legitimate. BlackRock manages around $6.4 trillion in assets for its clients. Larry Fink, CEO, BlackRock like most of his Wall Street counterparts …

Crypto Regulation

Hong Kong Drafts New Plans for Crypto Regulations

The Securities and Futures Commission of Hong Kong (SFC) has announced its plans for regulating the cryptocurrency industry. The regulator published two drafts for cryptocurrency exchanges, cryptocurrency portfolio managers, intermediaries, and fund distributors. The first draft describes an approach that aims to bring cryptocurrency portfolio managers and fund distributors under …

NASDAQ Can Curb Crypto Market Manipulation
Cryptocurrency News

NASDAQ Can Curb Crypto Market Manipulation

NASDAQ, the stock exchange giant from the United States has said that it can effectively lead the fight against market manipulation and fraud that the cryptocurrency market has been facing for years. A few exchange platforms have already started adopting Nasdaq’s market surveillance technology. As per Bloomberg, the U.S. stock …

Jamie Dimon: I Don't Give A Shit About Bitcoin | Coindelite News
Bitcoin News

Jamie Dimon: I Don’t Give A Shit About Bitcoin

Jamie Dimon, CEO of JPMorgan Chase has once again spoke against the world’s most popular cryptocurrency Bitcoin. Jamie had previously said that he would not be speaking about Bitcoin after receiving reactions for earlier comments on the subject. While speaking at Axios conference held in LA, Jamie said in response …

Singapore Hosts Token Day To Promote Cryptocurrencies
Cryptocurrency News

Singapore Hosts Token Day To Promote Cryptocurrencies

Following the 10 anniversary of Bitcoin’s launch, Bizkey has launched Token Day in Singapore. The blockchain-powered point-of-sales platform hopes to encourage users to purchase cryptocurrencies. This Token Day will be celebrated between October 31 and November 18th and it will educate the general population on the use of digital assets, …

Brazilian Banks to Re-Open Frozen Crypto Accounts | Coindelite News
Crypto Exchange

Brazilian Banks to Re-Open Frozen Crypto Accounts

Bitcoin Max is a Brazilian cryptocurrency exchange, two local banks closed its accounts in the country. The reports claim that Banco do Brasil and Banco Santander closed the exchange’s account without any explanation. Now, a Brazilian court has ordered these two banks to reopen the account of the Bitcoin Max. …