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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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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Malaysian Cryptocurrency Regulation to Classify Digital Assets, Tokens as Securities

Malaysian cryptocurrency regulation comes into effect on Tuesday, classifying crypto-assets as securities. Malaysian cryptocurrency regulation comes into effect on Tuesday, Reuters reports on Monday, Jan. 14. The Malaysian finance minister, Lim Guan Eng, reportedly said today that the Capital Markets and Services Order 2019 would become effective on Jan. 15. According to Reuters, the new […]

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Winklevoss Twins Believe Stablecoins, Tokenized Securities Are Future of Crypto Innovation

Tyler and Cameron Winklevoss have said stablecoins and tokenized securities will usher in a bright future for the digital currency space. Tyler and Cameron Winklevoss, Bitcoin (BTC) bulls and founders of the cryptocurrency trading platform Gemini, have said stablecoins and tokenized securities will usher in a bright future for the digital currency space. The twins […]

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