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singapore draft cryptocurrency tax document
Cryptocurrency, International, Regulation

Singapore Releases Draft of Cryptocurrency Tax Document


July 11, 2019
Venky Pai
20

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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germany plans to regulate blockchain bonds this summer
Blockchain, Finance, International, Investment, News

Germany Plans to Regulate Blockchain Bonds as Early as This Summer


May 17, 2019
Venky Pai
18

Germany is one of the leading economies in the European Union. Now, it wants to become the hotspot for blockchain companies and token trading. According to a local newspaper Handelsblatt, the ruling coalition government of the country plans to adopt…

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Wooden TAX word with popular cryptocurrencies on dark wood background
Community, Cryptocurrency, Regulation, United Kingdom

“Cryptoassets for Individuals” Broken Down


February 7, 2019
Venky Pai
1

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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The skyline of London is partially obstructed by pound notes.
Finance, News, Regulation, United Kingdom

Myth Busted: UK Crypto Exchanges Unlikely to Launder Money


December 21, 2018
Venky Pai
25

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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A woman with a Bitcoin badge makes calculations at a desk.
Bitcoin BTC, International, News, Regulation

Why This UK MP Wants You to Pay Taxes in Bitcoin


December 11, 2018
Venky Pai
11

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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Japanese flag with a range of cryptocurrencies in front.
China & Asia, Cryptocurrency, Finance, International, News, Regulation, Scams, Trading

Do Japan’s New Regulations Signal the Death of Crypto Scams?


October 26, 2018
Venky Pai
3

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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