McAfee has refused to pay cryptocurrency taxes saying that he has already paid millions in taxes and it is illegal on the part of the IRS to ask for more.
Faced with spiraling regulatory pressures Atom Group has had to adopt a trading technology used in the London Stock Exchange for its upcoming cryptocurrency exchange. AAX is the cryptocurrency exchange built on top of LSE’s Millennium Exchange machine engine. The exchange is slated for release sometime in June.
The new cryptocurrency shall be used by the local and central banks of the two countries for seamless fund transfers.
SBI Group has completed a $15 million investment in cryptocurrency smart card developer, Tangem. Barely a year into operation the Japanese finance giant has continued to make inroads into the cryptocurrency sector, depicted by the massive investment.
The CBOE chief says that ETNs have low entry barrier compared to other products providing easy access to retail investors.
Chile has set sights on the cryptocurrency sector as it looks to generate additional revenues. Immediate reports indicate that the country’s revenue authority will start taxing the sector, in the second quarter, as it seeks to expand the current tax structure.
The SET says that citing the growing interest of investors in digital assets, the exchange is willing to take new measures.
Several regulatory bodies and the South African central bank has proposed regulations to protect the local investors.
Vontobel’s venture into crypto custody sector is an extension of previous excursions in the crypto industry that began with issuance of Tracker Certificates for Bitcoin investors. Fidelity is the only major Wall Street institution with such services.
The new platform will make it easy for small scale news publishing startups to get through the on-boarding process. It will also provide affordable system for best editorial practices.