Category: Currency and Forex
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CRS Compliant ICO Operational Trading Platform
The one CRS and FATCA compliant ICO operational trading platform, exempt from SEC registration, is overseas retirement [box type=”note”]Regulatory focus on ICO’s: 2017 saw an enormous increase in the number of “Initial Coin Offerings” (ICOs) that have been arranged.[/box] [box type=”tick”]Over US$5.68 billion was said to have been raised in 2017, with over 1.4 billion in December 2017…
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Bitcoin, The New World Currency or A Passing Fad
BitCoin is all over the news. People are making – and losing – fortunes with the currency, all while traditional channels suss out how it actually works. There’s a question of whether one is watching a real revolution in economics or whether this is a digital version of the Dutch Tulip Craze. The truth is,…
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ETF Industry Veteran Matt Hougan Joins Cryptocurrency Index Fund Manager Bitwise
The Bitwise HOLD 10 Index Fund substantially outperforms Bitcoin in First Two Months Since Launch SAN FRANCISCO, Feb. 20, 2018 /PRNewswire/ — Bitwise Asset Management, manager of the first cryptocurrency index fund, the Bitwise HOLD 10 Private Index Fund, announced today that ETF industry veteran Matt Hougan is joining the firm as Vice President of Research & Development. Hougan was…
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Bitcoin Tax Implications and the CRA
There are many players in the world of digital currencies, like LiteCoin, Ripple, PeerCoin and DogeCoin. But in the world of cryptocurrencies, Bitcoin is king! Unfortunately, for many unsuspecting Canadians, investing or trading in Bitcoin could hold a potential risk. It could run you afoul of the Canada Revenue Agency for Bitcoin tax. A WILD…
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Total Cryptocurrency Market Capitalization Holds Above $400 Billion
According to data from CoinMarketCap, the total market capitalizations of cryptocurrency market held steady above $400 billion. The sector has rebounded over 50 percent from its low of about $280 billion earlier this month. The price of Major cryptocurrency also bounced back on Monday. According to CoinDesk, bitcoin, the world’s largest cryptocurrency by market cap, rose 7.46 percent…
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New York Fed’s Money and Payment Studies on Cryptocurrencies
Bitcoin and other “cryptocurrencies” have been much in the news lately, in part because of their wild gyrations in value. Michael Lee and Antoine Martin, economists in the New York Fed’s Money and Payment Studies function, have been following cryptocurrencies and agreed to answer some questions about digital money. Q: Let’s start simply. What even…
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Big Book Accepting Bitcoin for NFL Title Game Wagers With Same-Day Payouts
SAN JOSE, Costa Rica, Feb. 2, 2018 /PRNewswire/ — The online service Big Book is announcing the launch of an unprecedented BitCoin Sportsbook experience that offers live wagering of the NFL Championship game with the surging cryptocurrency. According to the creators of the one-of-a-kind service, the biggest advantage for users is not having to worry about chargebacks from large financial institutions. In addition, the…
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Early Coinbase And Ripple Investor Injects $57.5M Into Uphold To Advance Crypto Protection
Uphold Partners with Greg Kidd to Increase Loss Assurance and Crypto Protection to Industry-Leading Levels SAN FRANCISCO, Jan. 29, 2018 /PRNewswire/ — Uphold, the digital money platform, today announced that it has entered into a $57.5 million partnership with Greg Kidd, investor in Ripple, Square, Coinbase and others, to increase its loss assurance for consumers to around 20% of total current crypto…
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Weiss Announces First Bitcoin and Cryptocurrency Grades by U.S. Rating Agency
Risky Crypto Market to Get the Clarity Only Impartial Ratings (Cryptocurrency Grades) Can Provide PALM BEACH GARDENS, Fla., Jan. 17, 2018 /PRNewswire/ — Weiss Ratings, the nation’s leading independent rating agency of financial institutions, will issue letter grades on cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, Cardano, NEM, Litecoin, Stellar, EOS, IOTA, Dash, NEO, Monero, Bitcoin Gold and many others.…