South Korea to tax capital gains on Crypto
The South Korean government plans to tax capital gains on cryptocurrency. According to the local news outlet- The Korea Times, the Ministry of Economy and Finance is pushing for the...
December 9, 2019
Kash
2019
Millennials hold more bitcoin in their investment portfolio than Netflix, Microsoft stock
As per the recent report from brokerage firm Charles Schwab, Millennials hold more bitcoin-tied investment products in their investment portfolio than Netflix, Microsoft stock. The analysis shows of the top...
December 6, 2019
France to experiment central bank digital currency in 2020
France to experiment with central bank-issued digital currency in 2020. In a conference hosted by ACPR, the Bank of France Governor Francois Villeroy de Galhau said that the central bank...
December 4, 2019
Banks in Germany have open hell gates for Euro savers. Negative Rates passed on to retail clients
After continued five years of negative rates imposed by the European Central Bank, some banks in Germany now have passed-on the charge to their retail clients for all their savings...
December 4, 2019
Employees of big tech companies would not trust them with their financial data
Big tech companies are swiftly planning to move to the financial sector. With Google’s checking accounts to Facebook’s digital currency, the traditional banking system will face direct competition with the...
December 3, 2019
South Africa prepares new rules to stop crypto from being used to evade currency controls
Reserve Bank of South Africa is planning to introduce a new rule regarding the use of crypto, in a bid to stop their use to evade currency controls. The rules...
December 2, 2019
Europe plans to overcome US-based payment providers dominance
Europe is planning to build an improved instant payment system to overcome the dominance of US-based payment providers such as Visa, Mastercard, PayPal, etc in Europe. To overcome this threat,...
November 28, 2019
TransferGo to use Ripple’s On-Demand Liquidity (ODL) platform
TransferGo, a digital remittance solution for migrant workers is looking to move to Ripple’s On-Demand Liquidity (ODL) payment platform. Ripple’s On-Demand Liquidity (ODL) platform leverages XRP cryptocurrency as a bridge...
November 26, 2019
Fostering negative interest rate policy through digital currency (CBDC)
The collapse of Lehman Brothers in 2008 triggered the global financial crisis. To combat, central banks cut the interest rates to near zero. A decade later, interest rates still remain...
November 25, 2019
Bakkt prepares for a cash-settled Bitcoin futures contract
Bakkt prepares to offer cash-settled bitcoin futures. Bakkt announced the development in a press release issued on Nov 21st. The new contract will be listed on ICE Futures Singapore and...
November 23, 2019