Financial authorities of UAE have mutually presented a discussion on crypto assets and Fintech as per a report surfaced on 17th of March. The forum was jointly hosted by Abu Dhabi Global Market (ADGB) and UAE Banks Federation (UBF) has brought together the industry specialist to discuss on the Fintech and crypto assets. The focus […]

The wall street firm Barclays sees a significant money-making capability in the secretive stablecoin of Facebook. Facebook is working to create a cryptocurrency that could give them a chance to generate a multimillion-dollar revenue. As stated by Mr. Ross Sandler, a forecaster of Barclays in a letter to clients on Monday. The analyst of Barclays […]

The 150 pages lengthy report was issued by the French Finance committee on virtual currencies. The committee president Mr. Éric Woerth has penned the report. According to the report, it will be appropriate to ban those digital currencies in the country that provide greater anonymity to the user. The committee also said that these cryptocurrencies […]

Canada Revenue Agency (CRA) issues tax laws to the Government of Canada as well as for the majority of regions and territories. Different types of social and economic benefits and incentive programs that are offered by the tax system are also issued by CRA. Recently apart from these services CRA has started to audit the […]

Utah became the first state of the US to give special treatment to the blockchain. In the bill that was introduced on 4th March, the proposed legislation will stop the blockchain companies from being categorized as a mere money transmitter. The bill was first presented by Republican Senator Mr. Daniel Hemmer last week. The proposed […]

Earnest and Young have debuted in the crypto industry by launching their crypto asset accounting tool (CAAT). The tool will help in tax calculations and accounting of crypto transactions. The tool will make the payment of the cryptocurrency taxes lot more manageable, as per the company announcement made on 4th of March. The CAAT launched […]

Recently Bitcoin has celebrated its tenth birthday, after its birth many other altcoins came into existence but the gates of the mainstream commerce are still tightly closed for them. Crypto companies are still finding it tough to start bank accounts for them. According to a report, the difficulty is still faced by the customers of […]

One of the major banks of Switzerland, Julius Baer, has announced their partnership with crypto startup bank SEBA, as per a press release on 26th February. Julius Baer will provide crypto facilities to its customer across the world by the end of 2019. Various other Swiss banks have already entered into these services before Julius […]

The crypto business is still at its growth phase and many countries are trying to put regulations to the decentralized currency. India is also trying to put its best effort in this scenario. According to the recent updates the country’s Supreme Court has told the Union administration to come up with the policies and decisions […]

The smallest country of the Arab world is taking the edge in regulating the crypto assets. One the financial hub of the Middle East is trying to get back its position, by allowing the crypto companies to work on their land on experimental grounds by regulating them. The CBB of the country had already released […]