South African Revenue Service clarifies tax treatment of cryptocurrencies
Apr 10, 2018 03:14 am UTC| Digital Currency
The South African Revenue Service (SARS) has issued an official statement on the tax treatment of cryptocurrencies in the country. The SARS said that it does not regard cryptocurrencies as a currency for income tax...
A rubbish idea: how blockchains could tackle the world's waste problem
Apr 09, 2018 14:36 pm UTC| Insights & Views Digital Currency Technology
Cryptocurrencies like Bitcoin may fill news headlines, but attention has been shifting to the technology that underpins them: blockchains. Blockchains are virtual ledgers on which data can be permanently stored. They are a...
FxWirePro: ETH/EUR capped at 20-DMA, good to go long on break above
Apr 09, 2018 10:57 am UTC| Technicals Digital Currency
ETH/EUR rejected at session highs at 352.34, slips lower to currently trade at 331 levels. The pair has broken above 5-DMA which is now immediate support at 316 levels. Upside finds stiff resistance at 20-DMA at...
Monex Group to acquire crypto exchange Coincheck for 3.6B yen
Apr 09, 2018 10:57 am UTC| Digital Currency
Japanese online brokerage firm Monex Group last week officially announced that it will acquire Coincheck cryptocurrency exchange for 3600 million yen (approximately $34 million). Coincheck suffered a major hack earlier...
SNB underscores DLT scope for securities and cross border payments
Apr 09, 2018 10:16 am UTC| Digital Currency
Distributed ledger technology (DLT) has the potential to become an important part of the financial market infrastructure, a Swiss National Bank (SNB) official said recently. In a recent speech, Andréa M....
Indian crypto industry seeks solution to RBI’s recent notice
Apr 09, 2018 09:33 am UTC| Digital Currency
Following the recent notice from the Reserve Bank of India (RBI) in which the central bank banned banks from engaging with crypto companies, industry stakeholders are discussing the issue to find a solution, according to...
FxWirePro: ETH/USD trades higher, consistent break above 20-DMA to see further upside
Apr 09, 2018 08:34 am UTC| Digital Currency
ETH/USD is trading higher on Monday at 422 levels at the time of writing (Coinbase). On the upside, the pair faces strong resistance at 437 (20-DMA) and a break above would target 468 (3h 200-SMA)/507 (23.6% retracement...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
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