Category: Exchanges
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Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status
Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales of goods and services. Georgia has become the latest nation to free crypto-fiat transactions from…
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110 Cryptoc Exchanges Want to Launch in Japan – A Look at Recent Changes
Following G20 meetings, where Japan led several discussions regarding crypto assets, the country’s top financial regulator told news.Bitcoin.com that 110 crypto exchanges are now interested in launching in Japan. The country recently passed a new cryptocurrency bill, and some approved crypto trading platforms have undergone changes. Also read: G20 Leaders Issue Declaration on Crypto Assets…
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V20 Summit Concludes With Promises for Crypto Industry
As the G20 leaders’ summit came to a close, the nearby V20 summit concluded with a set of promises for the crypto industry in response to the global crypto standards set by the Financial Action Task Force. A group of national crypto associations aims to engage with government agencies and global policymakers to ensure the…
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Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes
On Wednesday, June 26, the price of BTC came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when…
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Koinex Exchange Shuts Down Ahead of Crypto Regulation
Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies. Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms Koinex Shuts Down Indian…
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Over 22,000 Traders Have Now Signed up to Local.Bitcoin.com
People from all over the world have opened accounts to trade bitcoin cash anonymously and without any KYC on Local.Bitcoin.com. Almost 1,000 BCH has already been exchanged privately through blind escrow via the new platform. Also Read: Namecheap Lets You Buy a Domain and Host Your Website With BCH Userbase on Local.Bitcoin.com Grows Rapidly Local.Bitcoin.com,…
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Ledgerx Approved to Offer Regulated Bitcoin Derivatives to Retail Investors
The U.S. Commodity Futures Trading Commission has approved Ledgerx to offer physically-settled bitcoin spot and derivatives trading, previously available only to institutional investors, to retail investors of any size. Ledgerx explained that its new platform will share the same order book as the current institutional offering so plenty of liquidity is expected from day one.…
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48 Crypto Exchanges Approved in the Philippines
The number of approved cryptocurrency exchanges has been growing in the Philippines. In addition to 11 operators registered by the central bank, the Bangko Sentral ng Pilipinas, there are 37 other crypto exchange operators licensed by the government-owned Cagayan Economic Zone Authority. Also read: FATF Releases Global Standards for Crypto Assets 11 Crypto Exchanges Registered…
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PR: Anxone Provides Multi-Layer Security For Crypto Storage
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Security for digital assets: Investors, exchanges, custodians Hacking is a front and center issue for digital asset exchanges.…
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Competition Is Forcing Cryptocurrency Exchanges to Get Creative
In the last two years, a Cambrian explosion of cryptocurrency exchanges has given traders a plethora of options. This cornucopia of choice has not resulted in a corresponding increase in quality, however. Most of the platforms that emerged in 2018 have struggled to gain traction, with tier one exchanges increasing their market share and the…