Denmark’s Tax Agency Seals Authority to Collect Data from Three Crypto Exchanges

Denmark’s Tax Authority has been authorized by the country’s Tax Council to obtain information from three domestic crypto exchanges. Denmark’s Tax Authority has been authorized by the country’s Tax Council to obtain information regarding all trades of cryptocurrencies across three domestic crypto exchanges. An official announcement published on the agency’s website reported this development on […]

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Bittrex Follows Major Crypto Exchanges in Launching Over-The-Counter Trading Platform

The Bittrex OTC platform, which is geared towards high-volume trades, launches later Monday, a statement confirmed. United States-based cryptocurrency exchange Bittrex will launch an over-the-counter (OTC) trading desk on Monday, according to a private statement released on Jan. 14. The latest major exchange to enter the OTC market, Bittrex will offer investors the same raft […]

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Bulgarian Revenue Agency Announces Inspection of Cryptocurrency-Selling Companies

The Bulgarian National Revenue Agency has announced the launch of inspections of cryptocurrency-selling companies. The Bulgarian National Revenue Agency (NRA) has announced the launch of inspections of cryptocurrency-selling companies, English-language Sofia-based news outlet novinite reports on Jan. 14. The objective of the investigation is to assure compliance with tax and social security regulation, as the […]

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Vermont State Agencies Launch Blockchain Pilot Program for Captive Insurance Industry

Vermont’s Secretary of State and Department of Financial Regulation have joined forces to explore blockchain benefits in captive insurance. Two agencies in the state government of Vermont in the United States have jointly launched a blockchain pilot program for captive insurance, according to an official announcement published on Jan. 11. The Secretary of State Jim […]

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Research Suggests Russian-Based Hackers Behind Ryuk Ransomware’s $2.5 Million Gains

Researchers argue that the ransomware attacks thought to have earned hackers $3.7 million in BTC likely came from Russian cybercriminals. A recent spate of ransomware attacks estimated to have earned hackers 705.08 Bitcoin (BTC) ($2.5 million) likely came from Russian cybercriminals, not North Korean state-sponsored actors as initially thought. The development was reported on The […]

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Swiss Multi-Billion Dollar Bank Vontobel Launches Regulated Crypto Custody

Major Swiss investment bank Vontobel has launched a digital assets’ custodial service for banks and asset managers Switzerland’s major private investment bank Vontobel has launched a crypto custody solution targeting banks and asset managers, according to an official press release published on Jan. 14. Zurich-based Vontobel bank is reportedly the third largest financial custody provider […]

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