UK Government to Update Crypto Tax Guidance In 2019 | Coindelite News
Crypto Regulation

UK Government to Update Crypto Tax Guidance In 2019

UK officials have formed various regulatory steps around cryptocurrencies and the Distributed Ledger Technology (DLT). The Cryptoasset Taskforce’s report noted that the blockchain could be beneficial to the financial service sector & other industries. The HM Treasury, Financial Conduct Authority and the Bank of England will encourage the development of DLT and …

South Korea Warns Cryptocurrency Investors | Coindelite News
Crypto Regulation

South Korea Warns Cryptocurrency Investors

South Korea’s Financial Service Commission (FSC) has warned its citizens about cryptocurrency investment. The regulatory body has warned the public to research before investing in digital currencies. On Wednesday, FSC published a report claiming that the structure of cryptocurrencies is similar to mutual funds. Investors think that such funds are …

Indian Regulators Responds to Crypto Regulation | Coindelite News
Crypto Regulation

Indian Regulators Responds to Crypto Regulation

A New Delhi based legal agency has asked 68 questions about cryptocurrencies to the Securities and Exchange Board of India (SEBI). The Indian regulatory body has finally responded to those questions asked by the agency called Blockchain Lawyer. The response comes under the Right-to-Information (RTI) act. This act allows citizens …

Shocking Bitcoin Price Prediction, Cryptocurrency Price might PLUMMET

After MAJOR G20 regulation talks Bitcoin Price could drop immediately Representatives of France and Germany have requested discussions on policy and monetary suggestions of cryptocurrencies to be the part of the agenda for the international meeting. The leaders approached the finance minister of Argentina through a request letter. In the …

Austria is Planning for new Regulations for ICOs and Cryptocurrencies

Austria wants new Regulations on Bitcoin, ICOs, and other Cryptocurrencies Austria is also becoming one of the countries which are planning to regulate cryptocurrencies and will also be using an existing model rule. The government’s central attention is controlling the use of cryptocurrencies for money laundering. Moreover, the country wishes …

Bank of America has Considered Cryptocurrencies as a Business Risk

Cryptocurrencies are Threat to its business says Bank of America The second largest U.S bank described in its annual report that Cryptocurrencies are a threat to its business model. The report was determined on Feb. 22 and registered with the US Securities and Exchange Commission (SEC), it has also listed …

State Bank of India warned its Customers instead of Banning the Credit Card Crypto Purchases

SBI Warns Credit Card Crypto Buyers instead of Banning them from Buying it. SBI Cards & Payments Services Pvt. Ltd, which is known as the second largest credit cards issuer in India, has warned customers about the risks associated with cryptocurrencies. Even though after warning, the bank did not ban …

Indian Investors Forced to Buy Cryptos Abroad; as the Govt. Pull Strings

Cryptocurrency Regulations Tightened in India; People are looking to Buy Cryptocurrencies Abroad. Since cryptocurrency regulations are becoming more efficient in India, a new trend has begun in the country by acquiring cryptocurrencies from overseas, either from relatives, friends or with abroad accounts. Increased Regulations Indians are looking forward to buying …

US Government will not Pass Bitcoin Regulations Soon

White House Official said Crypto Regulation is not for soon One of the White House officials told that the US government would not be passing any Bitcoin Regulations. Rob Joyce, who is a special assistant to the president and White House cybersecurity coordinator, said during an interview with CNBC that …

Investing in Cryptocurrencies will be Highly Risky, EU Regulators

EU Regulators warn people and say Cryptocurrencies are Highly Risky to Invest On Monday, three European Union (EU) regulators warned and told that Cryptocurrencies are “highly risky” assets and are not the place to invest. The European Supervisory Authorities (ESAs) for securities, banking and insurance and pensions told in a joint …