According to an announcement made on March 27, 2018, the European Securities and Markets Authority (ESMA) has increased their requirements on Contracts For Differences (CFDs) in cryptocurrencies markets. A CFD is an agreement on a futures contract when there are differences in settlements. Instead of resolving the differences through a…
18 posts tagged
Government
Thailand Unveils New Cryptocurrency Tax Guidelines Amidst Market Chaos
As cryptocurrencies continue to gain prevalence, countries around the world are forced to develop new tax frameworks. Following suit, Thailand has recently released its own framework. Thai Finance Minister, Apisak Tantivorawong, announced the updates on March 27. Following a cabinet meeting, it was revealed by Mr. Tantivorawong that all cryptocurrency…
Chinese Government Tightens Control On Cryptocurrency: Keeps Economy Strong
In an effort to protect the yuan (RMB), the People's Bank of China said it will apply strict measures to cryptocurrencies. And while the statement published on the Chinese central bank's website March 29 offered no specifics on policies against either crypto, virtual or digital currencies, the deputy director of…
GNTB is yet another German organization to adopt cryptocurrency usage
Germany is one of the handfuls of nations that are ahead of the curb in many regards, and that includes crypto-currency adoption. The National Tourism Center (GNTB) of the country is now taking various forms of crypto-currencies as a payment method for their services. The staff of the GNTB claims…
The Cryptocurrency Ban in South Korea: How and Why
Cryptocurrency has been gaining in popularity in recent years both as a means of exchange and as a financial investment. A cryptocurrency is a digital currency that is entirely independent of any central bank. The currency employs encryption techniques to generate and regulate the units of currency and to verify…
How Net Neutrality will Effect Cryptocurrency & Mining A LOT
"This is your last chance to stop ISPs from messing up your Internet," proclaims Battle for the Net in bold, vibrant letters. And for those involved with cryptocurrencies like Bitcoin, Ethereum and other altcoins, that could really be true. If Net Neutrality is indeed revoked, many believe it…