Cryptocurrencies

Israel to tax cryptocurrencies as assets, not currencies

By Henry Hughes

February 20, 2018

The Israel Tax Authority (ITA) has confirmed in a circular that it considers the cryptocurrencies assets and not currencies, and will tax them accordingly. As per the document, ...

Kraken re-enables advanced orders, adds 10 currency pairs

By Henry Hughes

February 20, 2018

Kraken, one of the major cryptocurrency exchanges by trading volume, announced it has re-enabled some of the advanced types of orders and has added 10 currency pairs to ...

eToro, AvaTrade add NEO, Bitcoin Gold, EOS to portfolios

By Henry Hughes

February 20, 2018

Two major regulated forex brokers – eToro and AvaTrade – have announced they are expanding their cryptocurrency portfolio with NEO and Bitcoin Gold (BTG) and EOS (EOS), respectively. ...

Half of UK large businesses hoard cryptocurrencies

By Henry Hughes

February 20, 2018

A new poll among 750 IT managers of large UK companies with 250 employees or more, has found that exactly half of the firms has a cache or ...

Bank of England governor: Bitcoin has failed

By Henry Hughes

February 20, 2018

Bitcoin has failed as a currency and cannot be used to buy things or store value, because of its price volatility, said the governor of the Bank of ...

Telegram messenger sets record, raises $850 mln in ICO

By Henry Hughes

February 20, 2018

The company behind the increasingly popular Telegram messaging app has raised $850 million in the first part of its initial coin offering (ICO), shows a recently filed SEC ...

Venezuela launches Petro ICO on Tuesday

By Henry Hughes

February 19, 2018

Venezuela, the oil-rich hard cash-strapped South American country, is finally launching the pre-sale of its oil- gold- and diamonds-backed token, the Petro, on Tuesday. In a bid to ...

South Korea’s crypto exchanges 2017 revenues rise 88-fold, Upbit ranks on top

By Henry Hughes

February 19, 2018

The revenues of the South Korean cryptocurrency exchanges in 2017 increased 87.5 times from 2016, reports the Yonhap agency, quoting data of Park Kwang-on, an MP from the ...

Edge multi-crypto wallet goes live

By Henry Hughes

February 19, 2018

Edge Wallet, a new multi-asset wallet has gone live, after several months in a limited release beta, the company said. It is a private, secure, open-source, wallet that ...

European Crypto Bank to build secure trading platform for Bitcoin, offer banking services

By Henry Hughes

February 19, 2018

The European Crypto Bank, a relatively new London-based fintech company, has announced its plans to build the first bank and trading platform for secure investments in cryptocurrencies. Additionally, ...

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