Category Archives: Crypto News

New Proposal For Crypto Regulation in Italy: Analysis, Opinions, Context

The Italian Ministry of Economics is working on a decree that would introduce new crypto regulations. The Italian Ministry of Economics is working on a decree that aims to classify the use of cryptocurrencies in the country and to list “service providers related to digital currencies.” Cointelegraph analyzed the draft of the document that aims to introduce new regulations on the use of cryptocurrencies in Italy and talked about the new decree with local business, political, and academic representatives. 2018 – year of regulations 2018 could be […]

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At Tax Time, Who Really Owns That Crypto Anyway? – Expert Take

IRS marks cryptocurrency as property, it might prompt you to consider the concept of ownership. In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please email your ideas and CV to a.mcqueen@cointelegraph.com. Bitcoin and other cryptocurrency is a property for federal tax […]

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IOTA: Weekly Price Analysis

Trading overview for IOTA price movement. Weekly Price Analysis is a column where our readers decide which coin will be analyzed. Make sure to follow our social media not to miss the next questionnaire. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. IOTA is the tenth largest cryptocurrency […]

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Germany Won’t Tax Cryptocurrencies Used To Make Purchases

The German Federal Ministry of Finances has decided not to tax cryptocurrencies when used as a means of payment. The German Federal Ministry of Finances considers Bitcoin as tax-exempt so long as it is used as a means of payment, Cointelegraph Deutsch reported Thursday, March 1. The German federal authority published its decision to not subject purchases with Bitcoin and other cryptocurrency to taxes on Feb. 27, citing the European Court’s 2015 decision, which set a precedent for all members of the European Union. The Court justified […]

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Bitcoin ‘Bubble Is Necessary’ To Test Endurance, Says Hedge Fund Founder Bill Miller

Wall Street investor Bill Miller compares Bitcoin to the major inventions of humankind, saying that the Bitcoin “bubble” is “necessary” to test endurance. Bill Miller, multi-millionaire investor and founder of hedge fund Miller Value Partners, shared his positive view on the cryptocurrency market sell-off and talked about why it should not scare investors in a FOXBusiness exclusive interview Feb. 28. Calling himself a Bitcoin “observer”, rather than a Bitcoin “believer” or “evangelist”, in the interview Miller compared Bitcoin with other major inventions throughout history, stating: “What I […]

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Gold Trading Giant Goldmoney Enables Cold Storage For Two More Cryptocurrencies

Goldmoney, a global gold-based financial services company, expands its crypto cold storage with two more cryptocurrencies. Goldmoney, the world’s largest gold savings and transfer network, has added two more major cryptocurrencies to its cold storage service, according to a press-release published Feb. 27. The company, which already provides a cold storage service for Bitcoin (BTC), announced it is now adding “Anti-Money Laundering (“AML”)-Compliant” Ethereum (ETH) storage, with Bitcoin Cash (BCH) storage to follow soon after. According to their press release, Goldmoney Inc. safeguards nearly $2 billion in […]

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Moscow Court Rules Crypto Assets Cannot Be Seized For Debt Payment

The Moscow Arbitration Court rules to exclude cryptocurrency from assets which can be seized from debtors. In a hearing on Feb. 26, the Moscow Arbitration Court ruled that cryptocurrency funds of a bankrupt debtor cannot be seized as payment to creditors, local media group RBC reports. The court considered an application filed by finance manager Aleksey Leonov, who requested permission to recover funds from a debtor, Ilya Tsarkov, by seizing Tsarkov’s crypto assets. According to RBC, Leonov requested that the court require Tsarkov to provide the password […]

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Japan: 132 Crypto Investors Sue Hacked Exchange Coincheck, Seek Reimbursement

132 crypto investors are suing Japanese exchange Coincheck, seek damages following $534 mln hack. 132 crypto investors have filed a lawsuit against the Japanese-based crypto exchange Coincheck, seeking 228 mln yen (around $2 mln) in damages, local news outlet Sankei reported Tuesday Feb. 27. Coincheck suffered a major hack in late January that resulted in the theft of more than 523 mln NEM, worth around $530 mln at the time. The exchange has since promised to refund all of its customers in full at a rate of […]

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Bitcoin Is a “Cathartic” Technology, Says a Digital Company

One of the leading firms that deal with online payments, Square has termed the Bitcoin Cryptocurrency as a transformational technology that the world has ever witnessed. This has come at a time when there seems to be more critics that praise directed to the virtual coin. A Sign of What to Come Just as the general public is trying to grasp what these statements that were made by Jack Dorsey, the current CEO of Square might mean, market analysts have already jumped to a conclusion. According to […]

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Goldman Sachs Keeps Criticizing Bitcoin, But There Are Certain Ties

Circle’s announcement was huge news, but it could be even bigger news for Goldman Sachs as they wade into crypto Going back as far as 2014, when interest in Bitcoin was a mere drop of what it is today, Wall Street giants Goldman Sachs were already scoffing at the digital currency and the interest it was developing. Goldman has been slowly coming around though, for one of the Wall Street powerhouses, with their CEO, Lloyd Blankfein, happy to talk and mull the potential of Bitcoin and Blockchain. […]

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