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Top Swiss cryptocurrency lawyer questions 'stupid' ICO structure Regulators in the United States, the UK, and elsewhere are looking at whether an ICO should have similar investor protection to an initial public offering (IPO) for a company. Mueller told Reuters cryptocurrency groups involving U.S. participants or gaining backing from investors should set up companies ...
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Indian banks freeze major cryptocurrency exchange accounts Several major Indian banks have suspended the accounts of top Bitcoin exchanges in India. State Bank of India, Axis Bank, HDFC Bank, ICICI Bank, and Yes Bank cited suspicious payments in their decisions. The move comes after tax authorities sent notices to cryptocurrency investors warning that they ...
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India wants to collect taxes from its cryptocurrency investors India's income tax department has sent notices to tens of thousands of people dealing in cryptocurrency, after learning that $3.5 billion worth of transactions have been conducted over a 17-month period. The move comes as India's finance ministry grapples with regulations for virtual currencies, which ... South Korea's Government is Reportedly Planning to Hit Cryptocurrency Exchanges with Tax Bills - CoinJournal (blog)
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Japan a global leader in cryptocurrency investment Japan is the global leader in the market development of cryptocurrencies — a global buzzword recently — some of which have seen their values skyrocket over the past year. As of Jan. 15, yen accounts for 56.2 percent of bitcoin, or BTC, the most popular cryptocurrency, according to coinhills.com.
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Criminals Drop Bitcoin for Other Cryptocurrencies Bitcoin is the world's most popular digital currency but, in the crypto community, complaints are growing: Bitcoin takes too long to process transactions, the fees are too high, it's expensive, and too volatile. One sign of this discontent is reports that online criminals—who are among bitcoin's oldest and ...
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Russian Bill Requires Deputies to Declare Their Cryptocurrency Investments The bill for the regulation of cryptocurrencies in Russia submitted by the finance ministry and the central bank requires State Duma deputies to declare their cryptocurrency investments. Currently, government officials are not required to declare their crypto holdings, according to a recent announcement ...
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South Korea's FCA: Banning Cryptocurrency Is Illegal "The government has yet to establish the legal grounds over related laws for consumer protection, in particular in the cryptocurrency market. Who is to blame for lots of negative news about the craze in the cryptocurrency market? It doesn't make any sense that markets and investors should take ...
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How Sirin Labs' Surging Cryptocurrency Will Power a Blockchain Phone The SRN token jumped up as the highest-performing cryptocurrency on Monday, backed by the promise of a blockchain smartphone designed with security in mind. The company's upcoming Finney phone, which uses the token as its default currency, will come with features like a crypto wallet and ...
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Panicky Bitcoin investors struggle to withdraw cash from money exchanges as they look to 'safe ... THERE are mounting fears that Bitcoin investors will struggle to get their cash out after the cryptocurrency's value fell 40 per cent in a single month. Many are looking to put their money in gold instead, with some European gold traders reporting a "five fold increase" in demand amid fears Bitcoin could ...
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Cryptocurrency: The Hidden Risks Owning a cryptocurrency does not give you a say in how that cryptocurrency is maintained. Theoretically, the community could decide to make drastic changes that are lucrative to one group, but adversely affect the cryptocurrency's value. This is especially true with newer, less mature cryptocurrencies.
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