bitcoin Bitcoin & Blockchain Investments Bitcoin Regulation Bruno Le Maire Crypto france 

Bitcoin Disrupts France’s Massive $2.5 Trillion Life Insurance Market

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. If you’re wondering if bitcoin will ever attain wide-scale adoption, look no further than France. French insurance companies can soon include cryptocurrencies in life insurance contracts, thanks to a vote…

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bitcoin Bitcoin Regulation bitso Crypto méxico 

Don’t Believe False Reports that Mexico Banned Crypto

In recent weeks, reports that Mexico has banned bitcoin and cryptocurrencies, in general, have surfaced, leading many investors to worry about the future of the crypto market in the region. Bitso: Mexico Stunted Bitcoin Industry’s Growth – But Hasn’t Banned Crypto Altogether According to Bitso, while the Bank of Mexico (Banxico) published new rules to govern cryptocurrencies and it could certainly stagnate the growth of the industry, it does not stop the operations of crypto exchanges. Join CCN for $9.99 per month and get an ad-free version of CCN including…

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bitcoin etf Bitcoin Regulation Gabor Gurbacs VanEck 

VanEck Unfazed by Shutdown’s Impact on Bitcoin ETF Application

VanEck isn’t fazed by the government shutdown, which some have feared could throw a wrench into the bitcoin ETF approval process. | Source: Shutterstock By CCN.com: Investment manager VanEck remains confident about its bitcoin ETF application, despite the US government shutdown. Why? Because the firm believes it has laid a robust foundation for the VanEck/SolidX Bitcoin ETF to eventually win SEC approval. “I have done everything I can to build the right market structure for Bitcoin and digital assets,” VanEck’s director of asset strategy, Gabor Gurbacs, told CCN on Twitter. The Securities and…

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Bitcoin Regulation Chile cryptocurrency taxes 

Chilean Citizens Will Begin Paying Cryptocurrency Taxes in 2019

Taxpayers in Chile are reportedly going to have to pay taxes on cryptocurrency earnings this year, as the country’s Internal Revenue Service (Servicio de Impuestos Internos, SII) has included a section for cryptoassets in a form that has to be filled on taxpayers’ Annual Income Tax Returns. According to local media, last year the country’s government ruled cryptocurrencies aren’t subject to Value-Added Tax (VAT), as these are seen as “intangible assets.” Chilean taxpayers will pay taxes on crypto-related earnings as these will swell up their total income. In Chile, income…

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Bitcoin Regulation Financial Services Agency japan 

Japan May Approve Cryptocurrency ETFs After Saying No to Futures: Report

The Financial Services Agency of Japan is considering approving exchange-traded funds which track digital assets, Bloomberg reports. According to sources who confided in Bloomberg, the financial regulator is at the moment gauging sector interest in exchange-traded funds tracking cryptocurrencies. This comes less than a month since the financial watchdog put aside plans for cryptocurrency futures. Consequently, the regulator abandoned efforts to revise Japan’s securities law, a move that would have seen the listing of cryptocurrency options and futures on major financial exchanges. Then, the financial watchdog explained that the decision…

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Bitcoin Regulation FCA united kingdom 

UK Regulators Probe 18 Crypto Firms for Fraud and Illegal Operations

Over a dozen firms in the cryptocurrency sector are under investigation by UK’s financial regulator, reports the Financial Times. According to the business publication, the Financial Conduct Authority (FCA) disclosed on Sunday that 18 companies were being investigated over their involvement in selling cryptocurrencies. Additionally, alerts and warnings had been sent to another dozen or so firms over suspicion that they were engaging in cryptocurrency investment scams. However, the FCA has declined to name the firms that are in the spotlight to avoid prejudicing the ongoing investigations. This is also…

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bank of israel Bitcoin Regulation boi israel 

Israel’s Central Bank Seeks Public Input in Crypto Regulation Initiative

Seal of the Bank of Israel The central bank of Israel and various other government agencies are seeking input from the public regarding the regulation of virtual assets. According to a statement released by the Bank of Israel, there is a need to monitor developments in the digital assets space and understand their implications on financial stability, economic activity and on the financial markets. Per the press release, the input from stakeholders and other interested parties will be useful in formulating recommendations that will be instrumental in the drafting of…

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Bitcoin Regulation HMRC National Insurance taxation 

HMRC Releases Tax Guidelines on Digital Assets

Her Majesty’s Revenue & Customs Her Majesty’s Revenue and Customs, the tax agency for the United Kingdom, has released a set of guidelines that are to guide crypto investors on how to make tax payments and how they should see their digital assets. The updated guidelines were drafted to help token holders to meet their taxation obligations by bringing clarity to a few uncertainties concerning the tax treatment of crypto assets. According to the agency’s report, which was titled “Cryptoassets for Individuals,” cryptocurrencies are to be treated more as assets…

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Bitcoin Politics Bitcoin Regulation Jay Clayton sec 

SEC Chair Jay Clayton’s Mass Crackdown On Crypto Industry Roil GOP Lawmakers

Jay Clayton, the chairman of the US Securities and Exchange Commission, is coming under fire from Republican lawmakers amid growing concerns over his harsh approach to regulatory enforcement — which critics claim strangles the free market and inhibits technological innovation. In 2018, the SEC launched a massive crackdown on the crypto industry, which has been roiled by high-profile ICO scams and suspicions of market manipulation. Clayton was appointed SEC chair in 2017 by President Trump, with a mandate to enforce securities laws while ensuring that regulations are pro-business and promote…

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Banking Bitcoin Politics Bitcoin Regulation Exchanges iran bitcoin law regulation University of Reading us sanctions iran 

Iranian Students in UK Choose Bitcoin as US Sanctions Threaten Survival

The US sanctions against Iran have cut the global economic corridors for the Western Asian country. And the latest victims of this ongoing political mishap are students. According to the Guardian, hundreds of Iranians students in the United Kingdom have been denied banking services. As a result, they are falling behind their payment dues, including their tuition fees. 23-year old Parsa Sadat, a law student at the University of Reading, for instance, has been told to either go to Iran and bring money in cash or face expulsion from his course….

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