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Law 30/2019 amending the Fiscal Code became active on Sunday January 20, 2019 and introduces freshness to the system of Romania, viz. classifying the profits accumulated from Bitcoin (BTC), the flagship crypto and other cryptoassets as financial gain accruing over a given period of time from other sources.

Romania has become the most recent nation to institute a regulatory process explicitly aimed at digital currencies and cryptocurrencies. The Romanian ministry of finance officially published a draft of an Emergency Ordinance that clearly outlines the conditions and full requirements to be fulfilled as an issuer of electronic money in the country.

C.O.S.S. PTE LTD partners with Romanian energy supply company Eva Energy to make cryptocurrency bill payments a reality for the public.

On June 8, 2017 the Singapore-based C.O.S.S. PTE LTD (aka COSS) co-organized a blockchain conference named BlockCon - Disruptive Innovation, in association with the Chamber of Commerce and Industry of Romania, that hosted the event at its headquarter in the downtown of Bucharest.

BlockCon - Disruptive Innovation conference will take place in Bucharest, the capital of Romania, on June 8. The conference organized by a Singapore-based startup company C.O.S.S. PTE LTD (COSS for short) in association of the Romanian Chamber of Commerce and Industry will focus on disruptive technologies highlighting their application in fintech and the innovative businesses.

The universal self-service solutions provider, ZebraPay extends its support to VEROS and Ether cryptocurrencies.

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On February 21, Alexandru Petrescu announces intent to invest in blockchain technology during the Decentralization Conference (D10e) in Bucharest Romania. This marks the world’s fastest growing economy participation in blockchain tech.

This video is brought to you by CoinIdol.com in partnership with Koles Coin News Channel