Sentences with phrase «from local cryptocurrency»

«Various scenarios such as the imposition of value - added tax, a capital gains tax, or both on trade,» another anonymous source is quoted, «and the collection of corporate tax from local cryptocurrency exchanges, as well as the initiation of authorized exchanges with licenses are being discussed,» adding transparency between ministries and banks will allow capital to be better monitored.

Various scenarios such as the imposition of value - added tax, a capital gains tax, or both on trade; and the collection of corporate tax from local cryptocurrency exchanges, as well as the initiation of authorized exchanges with licenses are being discussed.

The South Korean government also said this week that it is planning to collect corporate and income taxes at a collective rate of 24.2 percent from local cryptocurrency exchanges this year.

this week that it is planning to collect corporate and income taxes at a collective rate of 24.2 percent from local cryptocurrency exchanges this year.

Meanwhile, Yonhap reported South Korean authorities will collect a hefty tax from local cryptocurrency exchanges.

«Various scenarios such as the imposition of a value - added tax, a capital gains tax, or both on trade; and the collection of corporate tax from local cryptocurrency exchanges, as well as the initiation of authorized exchanges with licenses are being discussed.»

Not exact matches

South Korea's new management - minded approach is a dramatic turnaround from its energetic regulatory crackdown on cryptocurrency exchanges this past year, alarmed at a heated market that saw local prices of Bitcoin and other virtual currencies in South Korea trade for higher than international levels.

The theft of the Coinsecure funds occurred four days after the Reserve Bank of India (RBI) barred local banks and financial institutions from dealing in cryptocurrencies, causing a mass panic on the Indian cryptocurrency market.

On April 25, 2018, cryptocurrency exchange platform «Everyone's Bitcoin» (みんなのビットコイン) published a notice (Japanese) regarding a business improvement order, which it recently received from the Kanto Local Finance Bureau (a regional department of Japan's Ministry of Finance).

Iran's central bank last week prohibited local banks from dealing in cryptocurrencies due to concerns about money - laundering as the country tries to halt a currency crisis ahead of a possible return of crippling sanctions.

Seoul To Regulate After «Sufficient Consultation» After the South Korean justice minister caused «confusion and anger» last week by saying the government would ban cryptocurrency exchanges, local news media report, the latest statements from Seoul indicate a significant U-turn.

KICKICO recently co-organized a cryptocurrency congress in Argentina, which took place from the 6th to the 10th of April in Cordoba and Buenos Aires.The event demonstrated a rapidly growing interest for blockchain technology and cryptocurrencies with a KIKCICO - led group of Russian specialists meeting local students, startups and government officials.

While China strictly banned initial coin offerings (ICOs) and cryptocurrency exchanges platforms and Macau's monetary regulator barred local firms from providing ICO - related financial services, Hong Kong has emerged as something as an ICO hub.

And even private trading of cryptocurrency arranged through chat - apps like Telegram and WeChat, for example, could fall under scrutiny, according to the Wall Street Journal.This much stricter stance on Bitcoin, beyond just exchanges but also concerning Bitcoin itself, seem consistent with comments from PBOC Counselor Sheng Songcheng, as reported by local news sources like Shanghai Securities News.

Japanese cryptocurrency exchange Coincheck has announced that it plans to allow users to start withdrawing local currency from their accounts next Tuesday.

AGB: «It's possible that I'm currently at a local peak, especially since some of the «frothy» interest in cryptocurrencies from three months ago has disappeared, and overall trading volume has decreased.

A major bank in Thailand has reportedly terminated the bank account of a local cryptocurrency exchange, following an announcement by the central bank prohibiting financial institutions from...

The governor iterated that the government should not consider South Korean investors as «foolish and insane» speculator, but instead regulate the cryptocurrency market to prevent false information and fraudulent operations from affecting local investors.

According to Yonhap News, a South Korean mainstream media outlet, KCSC alongside the Ministry of Science, Technology, and Information, and the South Internet Development Agency launched a full investigation into local cryptocurrency exchanges from October 10 to December 28 in 2017.

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin «mules» and peer - to - peer platforms sprung up to allow bitcoin trading to thrive, away from regulators» watchful eyes.

South Korean cryptocurrency exchange Korbit has barred non-citizens from depositing local currency — the Korean won — on its platform.https: / / www.coindesk.com/korean-crypto-exchange-korbit-halting-deposits-from-non-citizens/ ...

The Russian Ministry of Finance has drafted a bill to legalize the trading of cryptocurrencies on approved exchanges, according to a report from local media.

According to Reuters, officials from the National Tax Service raided the offices of both local cryptocurrency exchange Coinone and Bithumb, which is the second largest virtual currency operator in the country.

The country prohibited local companies from conducting initial coin offerings (ICOs) in September and required cryptocurrency investors to use bank accounts linked to their real names in January.

Much like multinational corporations (MNC) with large overseas operations, miners of cryptocurrency networks as a whole do not measure the income they receive in terms of bitcoins (or other discrete cryptocurrencies), but instead they measure their income in terms of «fiat» from foreign financial markets, specifically converting bitcoins into the local fiat currency where their mining operation physically resides.

Emerging Markets After the Chinese government banned local bitcoin exchanges from operating in the country some industrious people have begun going abroad to buy the cryptocurrency and reselling it in China for a premium...

If all goes well, then South Korean government may legalizing ICOs in no time so as to prevent the country's leading conglomerates from leaving South Korea to conduct ICOs, which may damage the local Blockchain and cryptocurrency industry.

SHANGHAI / SINGAPORE — When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin «mules» and peer - to - peer platforms sprung up to allow bitcoin trading to thrive, away from regulators» watchful eyes.

In addition to trading the dominant cryptocoins, one of CryptoHawk's primary essence also lies in further establishing and promoting the acceptability of cryptocurrencies as a means of payment in the society across all industries and sectors; from the standard trading of cryptocurrency on exchanges to making a purchase in the local retail store using any recognized coin.

But in September, its central bank banned initial coin offerings (ICOs) and stopped cryptocurrency exchanges from serving local customers.

Japanese cryptocurrency exchange Coincheck has announced that it plans to allow users to start withdrawing local currency from their accounts next Tuesday.

From more local bitcoin exchanges that enable users to buy and sell cryptocurrencies using local currency to bespoke blockchain solutions such as the ChamaPesa app, more local startups are expected to develop value - adding blockchain - based solutions for Africa.

As per the latest reports published by the National Police Agency of the Republic of Korea (South Korea), it has been confirmed that hacker from other side of the border have been targeting the local South Korean Bitcoin Exchanges with multiple attempts to steal the cryptocurrency.

Coinup users can shop online or offline, whether its buying cryptocurrency from the local grocery store or buying groceries around the world with cryptocurrency.

Nevada Gov. Brian Sandoval signed a historic cryptocurrency bill into law Monday, Senate Bill 398, which blocks local governments from taxing blockchain transactions or requiring a permit for them.

The memo from the meeting, held among internet regulators and other legislators last week, also has Pan suggesting local and national authorities target centralized cryptocurrency trading venues and the wider bitcoin services industry.

According to RT, Russian businessman Aleksey Kolesnik has all but confirmed buying two power stations for cryptocurrency mining operations in the future — citing a report from local newspaper Kommersant.

Japan is gearing up to impose regulations on the bitcoin cryptocurrency, according to a report from local business paper Nikkei Asian Review.

At otc.huobi.pro, people from different countries can exchange their local currency to bitcoins and other cryptocurrencies.

In January, reports surfaced that the South Korean government was planning to enforce corporate tax policy on local cryptocurrency exchanges from the end of March 2018.

Japan's Financial Services Agency (FSA) has ordered the suspension of two more cryptocurrency exchanges and sent a business improvement notice to another, following a series of inspections after the January hack of around $ 534 mln in NEM from Japanese crypto exchange Coincheck, local news outlet Nikkei Asian Review reports today, April 6.

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China is also said to be planning a ban on access to foreign cryptocurrency exchanges from within its borders, according to a Bloomberg report from earlier this week; the country has already banned local exchanges.

The Nigeria Blockchain Alliance conference showed that Nigerian policymakers are open to new innovation from the blockchain and cryptocurrency space, which, of course, bodes well for the local crypto community and its startup scene.

Seoul To Regulate After «Sufficient Consultation» After the South Korean justice minister caused «confusion and anger» last week by saying the government would ban cryptocurrency exchanges, local news media report, the latest statements from Seoul indicate a significant U-turn.

After the South Korean justice minister caused «confusion and anger» last week by saying the government would ban cryptocurrency exchanges, local news media report, the latest statements from Seoul indicate a significant U-turn.

The tax authorities requested information about Spanish residents who bought or sold cryptocurrencies from 60 local financial institutions, including banks, cryptocurrency exchanges, and stock companies.

Based on the Ethereum network and the ConsenSys venture production studio, SingularDTV relies on a tokenized ecosystem using a local cryptocurrency called SNGLS to help artists and creators benefit from transparent media production and distribution.

And we charge cryptocurrency traders from the profit they made during their trade compared to their local Bitcoin price.

Following announcements from other central banks including the UK and the US, India's central bank has been applying regulatory pressures on its national banks and local cryptocurrency exchanges.