India is one of the most populous countries in the world. Moreover, its economy is developing and according to the PwC report by 2050 the country’s economy will become one of the largest in the world. It is not surprising that local as well as foreign investors are willing to enter the local market and …
Crypto Industry in India and Price of Crypto Miners Read More »
Crypto regulations, more precisely the implementation of crypto regulations is a serious challenge due to numerous factors. Moreover, it is hard to find comprehensive information regarding this industry and what each country is doing to address issues connected with cryptocurrencies. Several days ago, the Financial Action Task Force (FATF) released its report. As a reminder, …
Two days ago, the Financial Action Task Force (FATF) released its report. The FATF reevaluated the United States on its compliance regarding the anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. This report also contains many interesting details connected with crypto. Let’s have a look at this report to learn more about the crypto industry …
Japan is famous for its companies such as Toyota, Sony, Honda, etc. It is not surprising that foreign companies would like to enter the local market. Moreover, the crypto industry is not an exception. However, foreign crypto exchanges should be ready to deal with strict regulations. Recently, a Japan-based law firm released a report covering …
On March 31, a law firm from Japan released a report covering all aspects of crypto assets in Japan. Interestingly, Double jump.tokyo the game developer behind My Crypto Heroes, founded this law firm called So & Sato. Based on the report published by So & Sato, strict regulations are likely to benefit new players in …
Crypto exchanges step-by-step continue to expand their services, as this industry has the potential to attract new clients. However, cryptocurrencies have to deal with various problems. It is quite hard to create a crypto exchange and such entities have to comply with strict regulations in countries around the world. Moreover, as can be seen from …
Malta-Based Exchange Offers $400 Million for Crypto Site Read More »
Crypto companies in different parts of the world are willing to spend millions of dollars to expand their operations. It makes sense, as cryptocurrencies offer a number of advantages in comparison with fiat currencies. The coronavirus pandemic caused a lot of problems for the investors as many companies are struggling to avoid the worst-case scenario. …
Crypto Exchange Binance Wants to Buy CoinMarketCap Read More »
Crypto mining is a lucrative business and it is not surprising that companies are willing to start crypto mining. However, U.S. tech giant Microsoft proposed quite an interesting system regarding the process of mining. Several days ago, Microsoft applied with the World Intellectual Property Organization. Let’s have a look at this application. Tech giant proposed …
Crypto-Related Patent, Microsoft and Crypto Mining Read More »
Crypto-related companies across the world would like to expand their services. For example, a crypto derivatives platform from Singapore, registered with the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN). Bitget registered as a money service business. The primary market of this crypto derivatives platform was Asia. However, Bitget decided to enter the U.S. market. …
Crypto: Bitget Registered with the U.S. Authorities Read More »
Cryptocurrencies step-by-step became part of the modern world. Companies are working hard to expand their services as well as to create new projects connected with the crypto industry. However, it will take to raise the awareness to make crypto more attractive to the public. Trading firms have the potential to support crypto adoption. One report …
The derivative analysis firm Acuiti released its special report called “Institutional Adoption of Digital Asset Trading”. Acuiti prepared this report in cooperation with Bitstamp and Chicago Mercantile Exchange (CME). Interestingly, this report revealed a growing interest in listing crypto assets among the institutions, despite compliance concerns. It is worth mentioning that information came from the …
Derivatives Analysis Firm Acuiti and Crypto Adoption Read More »
Cryptocurrencies offer a number of advantages in comparison with fiat currencies. However, people interested in crypto should be aware of certain problems related to the crypto industry. There is no shortage of crypto scams and potential crypto owners should take into account as they may lose money. Moreover, they sometimes even use images of famous …
The Malta Financial Services Authority (MFSA) wants people to know two crypto exchanges are lying to them. It is worth mentioning that MFSA is closely monitoring the situation since 2018. Moreover, authorities in Malta identified two crypto exchanges COINMALEX and Crypto Foxtrades. According to MFSA, both crypto exchanges falsely claimed to be licensed, registered or …
Malta Financial Services Authority and Crypto Exchanges Read More »
Crypto companies have to adapt to an ever-changing environment, as the industry is developing despite numerous challenges. It means that companies should work around the clock to create new products or to modify their projects. Recently, the cryptocurrency exchange Bitfinex presented its new project. Bitfinex created a proprietary market surveillance tool called “Shimmer”. Employees of …
On Tuesday, payments and cryptocurrency platform Crypto.com made an important announcement. According to this announcement, Crypto.com was able to simplify the process of cryptocurrency tax reporting for its users. The platform formed a partnership with three tax providers. Crypto.com collaborated with crypto tax calculator CoinTracker, as well as crypto tax software platform TokenTax. Another partner …
Cryptocurrency Platform Crypto.com and Tax Providers Read More »
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