Cryptocurrencies is a young but rapidly growing branch of the financial market. Virtual assets created in 2009 gain more and more enthusiasts and investors month after month. And indeed, a lot is happening in the cryptocurrency industry. Due to the initial phase of development of this market, many issues, such as the law or taxes, remain unclear. Cryptocurrency investors are bombarded with hundreds of reports from the cryptocurrency world every day. How not to get confused and be always up to date? Tokeneo News, a website about virtual tokens, with its "cryptocurrencies news" category will be helpful.The majority of cryptocurrency news concerns issues related to the most popular cryptocurrency in the world - Bitcoin (BTC). This is not surprising, however - since the creation of the Bitcoin, the number of its fans has been increasing regularly. The coin created in 2009 by a developer using the mysterious pseudonym "Satoshi Nakamoto" has been on the front page of newspapers for almost ten years now. And all of that because of the lack of uniform regulations relating to cryptocurrencies. Bitcoin, despite living to a great, as for the cryptocurrencies, age, is no exception here. Some countries are biased towards cryptocurrencies, but in many others there is still a ban on a cryptocurrency trade.The Ethereum cryptocurrency is another type of a cryptocurrency that is also very popular amongst the cryptocurrency community, which is a reason why in the industry magazines you will find a lot of information about this coin. Ethereum (ETH) is an e-currency founded by a Canadian of Russian origin, Vitalik Buterin. He is a developer and an investor highly valued in the cryptocurrency community. Buterin is often present in the media and often performs at industry conferences, so every day there is some news about him. Vitalik Buterin in most cases speaks about Ethereum, about the development of blockchain technology and about the general situation on the cryptocurrency market.Prominent figures in the industry magazines are also the cryptocurrency precursors and influencers such as Tom Lee and John McAfee. They are known to the virtual coin community mainly due to the optimistic forecasts concerning the price of Bitcoin. During the largest market failure in 2018, Lee said, for instance, that Bitcoin will end the year with a result of at least $20,000. McAfee, on the other hand, believes that by 2020, Bitcoin's price will be at least $500,000. What's more, the trader makes plans to participate in the upcoming presidential election in the United States. It therefore comes as no surprise, that there is more and more news about the top cryptocurrency analysts.Are you on the lookout for the most important news about cryptocurrencies from both your own country and from around the world? You've found the right place, then! Tokeneo News' editors observe news agencies and top industry portals every single day. All of this to find the most interesting and important information about the native and foreign cryptocurrency market. With us you are always up to date! Do you want to find out how to settle earned cryptocurrencies with the tax office? What do scientists and top influencers think about bitcoin and blockchain? Tokeneo News, an online website about cryptocurrencies is a place where you can find answers to these and also to some other questions. The "cryptocurrencies news" tab is information about planned legal regulations, latest investments, interesting start-ups and taxes.
The Russian government prohibits the deposit of funds into anonymous wallets. According to the legislature, this initiative aims to reduce illegal network activities such as terrorist financing and drug dealing.
Grayscale Investment, a digital asset management company, is not slowing down and is buying more and more Bitcoins. According to recent reports, 60,000 Bitcoins fell into Grayscale's wallet in last 100 days. Institutional clients are increasingly inclined to invest in cryptocurrencies
CoinMarketCap has introduced new metrics to combat counterfeit volume. Earlier, other crypto exchanges claimed that the platform favoured the Binance exchange, which bought CoinMarketCap in late March.
The data published by the UK financial application Revolut shows that restrictions and limitations related to the coronavirus have affected the number and value of cryptocurrencies transactions made by its users.
Governments around the world are introducing laws that impose taxes on the income from BTC transactions, but there are still a few countries that allow investors to buy, sell or store digital assets without paying a penny. Today we present you with a list of eight countries that can be considered as a Bitcoin tax haven.
According to the Russian government, cryptocurrencies trading is about to become a crime, and traders could end up in prison. This is part of a law bill through which Russia wants to regulate cryptocurrencies.
Shopify - Canadian e-commerce giant, which offer to easy create own online shop will accept crypto payments because it has signed a contract with the company that offers crypto payment processor - CoinPayments
You probably remember the financial pyramid OneCoin, which collapsed with a great echo all over the world. As it turns out, the man who promoted OneCoin back then, mainly in Vietnam, decided to bring project back to life. He did not even hesitate to change its name. Will history come full circle just like OneLink did?
During yesterday’s Bitcoin (BTC) session, the cryptocurrency itself was sliding down, eventually falling to 6 200 USD level. At the end of the session, BTC price rapidly increased and reached 6 600 USD. Today was the day of testing weekly highs above 6 700 USD by Bitcoin. The cryptocurrency began the test, and then got slightly corrected.
One of the biggest cryptocurrency exchanges might be seeking to acquire CoinMarketCap. Negotiations are on the final stage. Moreover, Binance is ready to pay as much as 400 million USD. All these informations, however, came from anonymous people familiar with the case.
The Indian Central Bank has confirmed that there is no ban on cryptocurrencies in India. The central bank explained that all it does is separating the entities (like banks) it regulates from the risks associated with trading cryptocurrencies.
Gerald Cotten, QuadrigaCX cryptocurrency exchange's owner took to the grave 190 million dollars belonging to the platform's clients. Some people, however, believe that Cotten faked the death and is still alive. They also demand the exhumation and autopsy of his body.
The price of Tezos (XTZ) has increased by over 30% over the last week, which is more than any other coin among the leading altcoins. As a result, XTZ is currently in the top ten cryptocurrencies in terms of market capitalization.
Stephen Moore, a former Trump advisor and his candidate for the Fed, revealed his plans to introduce a new stablecoin, Frax, which is supposed to be the world's first fully decentralized global currency.
The Dutch central bank has announced that institutions that provide any cryptocurrency services must prepare for new legal regulations from January 2020.Date of changesJanuary 10, 2020 - it is then that the new regulations prepared by De Nederlandsche Bank are to go into effect. Institutions conducting operations related to cryptocurrencies will have to register relevant documents in the bank in order to continue operating them.In the official statement of the central bank we can read:“In concrete terms, firms offering services for the exchange between cryptos and regular money, and crypto wallet providers, must register with De Nederlandsche Bank.”In July ministers of the Netherlands have attached a condition that cryptocurrencies have to be regulated; the reason is that not so long ago people have been concerned about increasing threat of money laundering, as cryptocurrencies are used for scams pretty frequently.Finance Minister Wopke Hoekstra received a note in January from the Dutch tax office and the central bank. It suggested the implementation of appropriate licenses that should be required from companies providing cryptocurrency services. The Netherlands is a country that does not officially recognize cryptocurrencies as a means of payment, but in 2018 one court ruled that Bitcoin is a "transferable value". In 2018, a survey was conducted on the most popular cryptocurrency exchanges used by the Dutch. Coinbase is the leader here, indicated by 23% of respondents. 12% of respondents said that they do not use any exchanges.
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