The Portugal Tax Authority announced tax-free cryptocurrency trading, adding to the tax benefits already offered by the national government. The Portugal Tax Authority (PTA) announced last month that cryptocurrency trading and payments in crypto would not be subject to value-added tax (VAT). According to the announcement, cryptocurrency payments that are subject to the provision of […]
Continue Reading
Bitcoin fails to impress while it is back at trading sideways at $10,200, as most of the altcoins experience a red candlestick day. Friday, Sept. 20 — The price of Bitcoin (BTC) remains largely uninspired and is once again trading sideways around the $10,200 price mark. Market visualization. Source: Coin360 Although BTC is back at […]
Continue Reading
South Korean exchange UpBit has announced the delisting of certain privacy coins, citing money laundering concerns South Korean cryptocurrency exchange Upbit announced that it will cease trading support for six cryptocurrencies, including some so-called privacy coins. Block the possibility of money laundering In a Sept. 20 notice, UpBit announced that the exchange will delist and […]
Continue Reading
Cryptocurrency exchange Seed CX is cutting its trading fees to one of the lowest levels in the industry in an attempt to gain additional market share. Institution-oriented cryptocurrency exchange Seed CX has cut its trading fees to what it claims to be the most competitive levels globally. Competition heats up in crypto trading space On […]
Continue Reading
Can the altcoins continue their rally after a shallow pullback? Let’s analyze the charts. Though Bitcoin’s (BTC) price action has largely been lackluster in the past few days, it could change with the launch of Bakkt. Fundstrat Global Advisors co-founder Tom Lee is positive on “Bakkt and its ability to improve trust with institutions to […]
Continue Reading
Some in the crypto community have embraced Puerto Rico. Could it be the country for you? Some in the crypto community have embraced Puerto Rico, which seems to have done a good job of promoting itself. But is it for you? I can only address the tax issues, not anything else. To a large extent, […]
Continue Reading
The U.K. Financial Conduct Authority has warned the public about a cryptocurrency investment clone firm called First BTC FX. The British Financial Conduct Authority (FCA) has warned the public about First BTC FX, a supposed clone firm offering fraudulent crypto investments. Using details of an FCA-authorized firm According to an FCA warning published on Sept. […]
Continue Reading
Ether is leading a resurgent altcoins market but is this the start of a new altcoin bull cycle? When the Binance ban for users in the United States was first announced a few months ago, the market feared that significant volume and money would exit. Interestingly enough, as the launch of Binance America nears, altcoins […]
Continue Reading
The Chicago Mercantile Exchange Group is adding options to its Bitcoin futures contracts in Q1 2020, pending regulatory review. The Chicago Mercantile Exchange (CME) Group is adding options to its Bitcoin (BTC) futures contracts in Q1 2020, pending regulatory review. The development was announced in an official news release on Sept. 20. Options will give […]
Continue Reading
Bitwise presents further proof to the U.S. regulator that it’s time to approve the first Bitcoin ETF. Crypto index fund provider, Bitwise Asset Management, has given another presentation to the United States Securities and Exchange Commission (SEC) in its bid for regulatory approval of its proposed Bitcoin exchange-traded fund (ETF). In a memorandum, issued Sept. […]
Continue Reading