Dec 23, 2018 at 14:35
News
ICO Obstacles: Thai SEC Considers Loosening ICO Regulations
The Thailand (Thai) Securities & Exchange Commission (SEC) is purportedly considering whether to smoothen the country’s regulation for ICOs. The regulator is carrying out a public hearing to calm down rules on pre-sales and private crypto sales. The SEC has also uncovered plans to stop the usage of crypto sales.
Dec 22, 2018 at 11:32
News
Western Union is Ready for Crypto Use in its Payment & Transfer Services
The American-based leading financial services firm, Western Union, is now more than ready to start using cryptos for payments. Odilon Almeida, the president of Western Union, revealed in a video interview with Reuters Plus, that the financial institution has been evaluating and ascertaining the deployment of digital currency. They are further delving into ways through which the service delivery using distributed ledger technology (DLT) can be improved. Western Union, founded in 1851, operates in more than 200 nations across the globe.
Dec 20, 2018 at 16:44
News
HMRC: UK Tax Authority Releases Guidance for CryptoAsset Holders
The tax agency of the U.K published an exhaustive explanation of how it looks at digital assets plus how users will be taxed on their holdings, on Wednesday, December 19, 2018. Now, individuals who get crypto as a gift won’t pay the same taxes as those anticipating to accumulate money with them.
Dec 20, 2018 at 15:19
News
CONSOB: Italian Regulators Roll Out Enforcement on Rustic Crypto Scams
Italian authorities have come out to prohibit the sale of two dodgy crypto investments operating in the country for three months in an attempt to safeguard the local investors. The Commissione Nazionale per la Societa e la Borsa (CONSOB) is similar to the U.S SEC and is currently Italy’s main financial regulator.