Author Archive

Bulgarian Tax Authority to Inspect Crypto Exchanges and Traders

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Bulgarian Tax Authority to Inspect Crypto Exchanges and Traders

Bulgarian Tax Authority to Check Crypto Exchanges and TradersThe National Revenue Agency of Bulgaria is preparing to conduct inspections on cryptocurrency trading platforms and their customers. The authority wants to make sure that both are fulfilling their obligations under the country’s tax and social security laws. Also read: Denmark’s Tax Agency to Collect Information About Bitcoin Traders Nine Crypto Companies Subjected to ‘Control […]

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The Daily: Twitch Gamer Tipped $70K in Crypto, Hacker Returns $100K of ETC

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The Daily: Twitch Gamer Tipped $70K in Crypto, Hacker Returns $100K of ETC

The Daily: Twitch Gamer Tipped $70K in Crypto, Hacker Returns $100K of ETCIn this edition of The Daily, a video gamer streaming on Twitch has received crypto donations totaling over $70,000 and a hacker believed to be behind the 51 percent attack on the Ethereum Classic blockchain has reportedly returned $100,000 in ETC coins. Also, Electrum developers have issued another series of warnings about phishing attempts using […]

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Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It

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Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It

Acknowledging Venezuela’s efforts to deal with inflation and sanctions by creating a state-issued cryptocurrency, Russian officials have nevertheless declined a proposal to use the oil-backed coin in bilateral trade. According to Russian media, Moscow has recently offered Caracas a set of measures aimed at mending the country’s economy but the petro is not among the […]

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Tron Can’t Handle Bittorrent’s Transaction Volume, Former Exec Claims

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Tron Can’t Handle Bittorrent’s Transaction Volume, Former Exec Claims

Tron Can’t Handle Bittorrent’s Transaction Volume, Former Exec ClaimsSimon Morris, who was Bittorrent’s chief strategy officer until July 2018, has expressed his doubts about the capability of the Tron blockchain to process the vast number of transactions that the popular file-sharing platform will demand. Morris believes there’s more marketing than technology behind the launch of the new crypto token. Also read: Iran Labels […]

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The Daily: Genesis Trading Doubles OTC Volume, Bittrex Moves 130,000 BTC

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The Daily: Genesis Trading Doubles OTC Volume, Bittrex Moves 130,000 BTC

The Daily: Genesis Trading Doubles OTC Volume, Bittrex Moves Coins Between Cold WalletsOTC crypto platform Genesis Global Trading has increased its annual trading volume by 50 percent and we’ve got the details in this edition of The Daily. We also feature an announcement by Bittrex which sought to calm traders who spotted 130,000 BTC being moved, and the launch of an offers bot by P2P exchange Hodl […]

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Pavel Durov Closes UK-Based Company Telegram Messenger LLP

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Pavel Durov Closes UK-Based Company Telegram Messenger LLP

Pavel Durov Closes UK-Based Company Telegram Messenger LLPRussian-born entrepreneur Pavel Durov is liquidating Telegram Messenger LLP, the Britain-based company behind the popular messaging service Telegram. The same entity is registered as the messenger’s operator in the Russian Federation, where Telegram is currently banned. Also read: 5 Crypto Exchanges Have Been Licensed in Gibraltar Since Regulation Application for Voluntary Strike Off Filed in […]

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Central Bank Official: Regulators Are Hindering the Development of Cryptocurrencies

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Central Bank Official: Regulators Are Hindering the Development of Cryptocurrencies

Regulators Hinder the Development of Cryptocurrencies, Central Bank Official SaysAn excessive number of regulatory agencies are interfering with the prospects of successful development of cryptocurrencies in Ukraine, according to a high-ranking representative of the country’s central bank. What the sector needs instead is proper regulations and laws that will allow it to grow, the banker insists. Also read: Cryptocurrency Exchanges Eye Russia for Expansion […]

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Vietnam at Crossroads on Cryptocurrency Regulations

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Vietnam at Crossroads on Cryptocurrency Regulations

Vietnamese authorities are still considering their approach to regulating the cryptocurrency space. The Ministry of Justice has put forward several alternative solutions and the Ministry of Industry and Trade has expressed its opposition to the ban on imports of mining equipment. Also read: Uzbekistan Sets up International Arbitration Center for Crypto Businesses Justice Ministry Reports […]

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Uzbekistan Sets up International Arbitration Center for Crypto Businesses

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Uzbekistan Sets up International Arbitration Center for Crypto Businesses

Uzbekistan Sets up International Arbitration Center for Crypto BusinessesFollowing in the footsteps of Russia, Uzbekistan has announced plans to implement arbitration mechanisms to resolve disputes in the cryptocurrency space. A new presidential decree mandates the establishment of a body of arbitrators that will deal with cases involving entities from various jurisdictions.  Also read: Growing Number of Crypto Companies Operating From Belarus Arbitrators to […]

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Growing Number of Crypto Companies Operating From Belarus

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Growing Number of Crypto Companies Operating From Belarus

Growing Number of Crypto Companies Operate From BelarusA number of cryptocurrency businesses are now based in the Belarus Hi-Tech Park after the government in Minsk legalized crypto-related activities for its residents. Registering an entity in the special economic zone was supposed to be a straightforward process, but clearer guidelines and detailed regulations are still needed to attract more investors. Also read: Huobi […]

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