One of the potential barriers to large-scale cryptocurrency adoption has to do with how governments respond to it. However, governments have been slow to draft documents dealing with crypto. While the decentralised and private nature of crypto makes it difficult…
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In December of 2018, the United Kingdom’s tax agency, Her Majesty’s Revenue and Customs, published a policy paper titled “Cryptoassets for individuals”. The paper is an overview of the HMRC’s approach to taxing crypto, though it’s not official yet. Typical…
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2018 has been one hell of a year – so let’s look back on the top 10 moments of the Bitcoin universe.
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Cryptocurrency exchanges in the United Kingdom are unlikely to be financing terrorist activities or laundering money, according to a report by Financial Action Task Force (FATF). “[Virtual currency exchange] is an emerging risk, and there is not yet evidence to…
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United Kingdom parliament member Eddie Hughes is reportedly advocating for citizens to pay state taxes with bitcoin, according to Expressco.uk.
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Crypto firm X8Currency recently received Shari’a certification from Islamic scholars ahead of expansion into the Middle East. The Swiss-based company calls itself “the ultimate safe haven for crypto investors,” and its X8X utility token was well-received in Europe. Now, X8Currency…
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With its bullet trains, love of robots and elaborate talking toilets, Japan has often been an innovator when it comes to technology. Now, Japan is leading the way with new crypto regulations released this week. Japan’s Financial Service Agency (FSA)…
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Global Tech Exchange, a cryptocurrency project endorsed by the former Australian cricket captain, Michael Clarke, has folded one year after its launch. The company was in the middle of an initial coin offering (ICO) that aimed to raise $50 million…
Read moreThe European Union is one of the largest markets for cryptocurrencies, home to 30% of projects funded by initial coin offerings (ICO). So far, this market has been a no man’s land without any kind of specific regulations.
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A study conducted by the Bank for International Settlements (BIS) found that cryptocurrency price variations are closely correlated with various regulatory actions taken by authorities reported in the news.
Read moreApproved by Archax Ltd on 7th October 2023
