Japanese Taxation Committee Seeks to Simplify Cryptocurrency Tax Reporting

Japan is debating at government level a shake-up of complex tax reporting procedures for cryptocurrency investors. A Japanese taxation policy committee held a debate with the aim of simplifying cryptocurrency tax Wednesday, Oct. 17, Japanese daily news outlet Sankei News reports. Highlighting the complex tax filing regime currently in place for Japanese citizens, officials from […]

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Malta: Two-Thirds Fail Crypto Agent Exam Despite Authorities’ Attempts to Ease Process

Almost two-thirds of those who took Malta’s cryptocurrency agent certification have failed, despite examiners’ last-minute changes to ease the marking scheme. Almost two-thirds of those taking Malta’s cryptocurrency agent certification have failed, despite examiners’ last-minute changes to ease the marking scheme, English-language daily Times of Malta reports Oct. 18. Since the Virtual Financial Assets Act […]

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Japanese Electric Power Company Partners With Bank, University on Blockchain Research

Kansai Electric Power Co. will explore how the technology could be used to redefine electricity sales to consumers. A four-way partnership between major Japanese companies will conduct research into the possible use of blockchain in distributed electricity supply, a press release announced Monday, Oct. 15. Kansai Electric Power Co. (Kepco) will work with Mitsubishi UFJ […]

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85 Percent of Developers Can Alter Their Cryptoassets’ Protocol, Research Shows

CryptoCompare’s yearly report indicates a tendency to centralize crypto assets, as 85 percent of their developers can change protocols at any time. Cryptocurrency tracking resource CryptoCompare’s recent study has shown that 85 percent of crypto assets allow development teams to alter their platforms. The report was published Wednesday, Oct. 17, on CryptoCompare’s website. To create […]

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Redditors Accuse Amex of Sponsoring Anti-Crypto Tweets, But Proof Inconclusive

Cointelegraph investigates Redditors’ allegations that American Express has sponsored crypto-skeptical content on Twitter. Reddit users have alleged that American Express (Amex) has sponsored crypto-skeptical content on Twitter, according to a popular forum thread opened Tuesday, Oct. 16. The tweet in question was allegedly circulated through Bloomberg’s Twitter network “TicToc” on Oct. 11, and was reposted […]

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Binance Increases Anti-Fraud Measures With Chainalysis Partnership

Binance is using Chainalysis’ AML/KYC product to grapple with multiple international jurisdictions’ regulations. Crypto compliance provider and research firm Chainalysis announced it had partnered with exchange Binance in a press release Wednesday, Oct. 17, in order to improve its detection of suspicious transactions. Binance, currently the world’s largest cryptocurrency exchange by volume, continues to expand […]

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Bitcoin Volatility Hits Record Low, Calm Before a Major Short-Term Rally? Experts Weigh In

Bitcoin volatility hits all-time low, which could lead Bitcoin to initiate a major rally and bottom out at $6,000 Disclaimer: This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. In the beginning of October, Bitcoin achieved a 17-month […]

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