Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + More News
Taxes news India won’t allow losses incurred in a particular digital asset to be set off against income from another version of a crypto holding, Bloomberg reported, citing a junior finance minister. “We fear the lack of provision to offset losses will drive away users from KYC-compliant exchanges and platforms to the underground peer-to-peer grey market, […]
‘Developing Economies’ Tracking El Salvador’s Bitcoin Moves with Interest
Conventional financial managers are still skeptical about El Salvador’s prospects of launching a new economic paradigm on the back of a forthcoming bitcoin (BTC) bond issuance. But other nations may be looking to the Central American nation with keen interest – hopeful of following suit if El Salvador’s move to adopt BTC as legal tender last year pays […]
The Future of Ethereum Sucks, and I Feel Fine
Technology ecosystems tend to take off when the technology matches the use case and solves a really important problem. This works even if the technology itself can be a little clumsy. Yet sometimes new use cases will arise based on the fact that the platform is widely available, even if it’s not an ideal fit. […]
Southeast Asia’s Largest Bank DBS to Launch Crypto Trading for Retail Investors
DBS, the largest bank in Southeast Asia, is planning to launch crypto trading for retail investors this year, the bank’s CEO has revealed. He added that in the first half of this year, DBS will focus on making “access to digital assets a lot more convenient.” DBS Bank to Offer Crypto Trading to Retail Customers […]
More Forex Arrests: Israeli Sentenced to Three Years in U.S. Prison
By admin Additional signs are coming in that authorities around the world and in the U.S. are starting to get serious about combating both Binary Options and Forex scammers. The latest news was reported by the Times of Israel, which covered the conviction of an Israeli citizen for Forex fraud and his sentencing to three years in prison. […]
Binary Options Lawsuits Accelerating
By admin One of the hallmarks of Binary Options trading sites is the way they go to great lengths to obscure their true nature. They hide their location, real identity, and most importantly bury important policies in mountains of “legal” language to hide the fact that they are set up in a way to take your […]
FCA against binary options in post-Brexit UK
By admin As announced by The Times of Israel, the newly voted ban gives binary options fraud perpetrators three months to close down their businesses or face jail. The Jerusalem Post publicises: the Knesset votes to ban binary options industry. While the ban of binary options and its related activity by the State of Israel, sets […]
ICOs – the evaluated risk
When it comes to ICOs, otherwise knows as Initial Coins Offerings, the idea is a derivative of what is known as Initial Public Offering (IPO), that is to say, when a company that wants to be listed on the stock market, makes an offer so the public invests. We can think of ICOs the way we think of crowdfunding. […]
ESMA bans Binary Options, restricts CFDs, while spread betting firms expect revenue growth due to Digital Currency boom
By admin On March 27 2018 the European Securities and Markets Authority (ESMA) announced the official ban of Binary Options to retail investors, while imposing leverage restrictions on the sale of Contract for Differences (CFD), which includes : • a margin close out rule on a per account basis • negative balance protection • a restriction […]
Plan Your Project with Your Software
The basic premise of search engine reputation management is to use the following three strategies to accomplish the goal of creating a completely positive first page of search engine results for a specific term…