BTC Markets, an Australian cryptocurrency exchange, has been granted a finance service licence.
For BTC and cryptocurrency-related businesses, certain countries have mandated rules. For instance, a legislation mandates that all cryptocurrency exchanges and service providers hold a financial licence. These rules are necessary because the use of cryptocurrency is becoming more widely used in frauds and criminal activity. Many countries are on edge as digital assets and crimes […]
Charles Hoskinson of Cardano suggests a revolutionary method for regulating cryptocurrency
Charles Hoskinson, the creator of Cardano and a co-founder of Ethereum, has recommended to the US Congress a different strategy for regulating cryptocurrencies and activities related to them. The suggested strategy incorporates principles based on software. Charles Hoskinson thinks that self-regulation through crypto technology is possible. Hoskinson suggested that the software developers associated with the […]
Officers Committee recommends postponing the decision to impose GST on cryptocurrency.
The Fitment officers Committee determined that it was essential to list all relevant supply related to the crypto-ecosystem that are subject to GST, together with their type—whether they are products or services—and the associated rate. The GST Council has been advised to postpone a judgement regarding the taxability of cryptocurrencies and other virtual digital assets […]