Another benefit of the presidential decree is that
international cryptocurrency companies are also allowed to operate in the country, without taxes also for the coming five years.
Not exact matches
Metropolitan Bank Holding Corp, which is used by
cryptocurrency companies and investment firms for wire transfers and deposits, has ceased all
cryptocurrency - related
international wires effective immediately, Fortune has learned.
Metropolitan Bank, popular with
cryptocurrency companies, has ceased crypto - related transactions on its
international wire service.
An additional challenge for credit card
companies looking to facilitate
cryptocurrency purchases is that some customers might use
international exchanges.
«We have found
cryptocurrency to be a viable solution for resolving these challenges, and we see other
companies with
international business adopting the same practices.»
The goal of the
company is to minimize the risks associated with
cryptocurrencies so that they become a trusted method of
international electronic fund transfer for all users.
A new
company called Polychain Capital has raised $ 10 million in capital for a hedge fund made up of
cryptocurrencies such as bitcoin; The state of Global Blockchain Consortia; Non-profit advocacy group called the Blockchain Association of Ireland (BAI) will launch on Dec14; The Central Bank of Ireland recently granted Facebook Payments
International Limited (FBPIL) an e-money license, which effectively allows Facebook to facilitate peer - to - peer payments on its platform; Bitgive Launches Blockchain Transparency Platform Givetrack; Dollar debt issuance soars as central banks take a back seat: BIS report;
Traditionally investors need to put down tens to hundreds of thousands of dollars to invest in property, but ProsperiProp wants to give the man on the street a chance to invest in property The startup's founder and CEO Llew Morkel said the first ICO will be aimed largely at
international investors, using a
cryptocurrency created by the
company, called «PROPX».
Metropolitan, one of the largest providers of banking services to
cryptocurrency companies, reportedly ceased all
international transferring operations related to
cryptocurrencies.
It has been reported that the agency is in conversation with the biggest
international technology
companies for finding out an effective method of tracking
cryptocurrency trading for taxation purposes in the country.
According to several online sources, a new law in South Korea is set to make it legal for
companies to process
international transfers using
cryptocurrencies like Bitcoin and Ether.
In the Bitcoin news — Georgian Minister of Justice and other government agencies are already planning on inserting real estate documents to its Blockchain network; India - based Axis Bank will soon begin leveraging distributed ledger tech; Indonesian authorities say they have evidence that Islamic State (IS) militants are using online money services such as PayPal and bitcoin to send money to domestic operatives; Kickstarter - backed Board Game Bitcoin Empire Ships; After announcing its move away from Bitcoin to focus on
international fiat transfers, Circle received harsh criticism from
cryptocurrency users, who accused the
company of doing a U-turn on its USP; Interest in «Bitcoin» according to Google search data shows that the the world's hedge fund capital tops all other places in the Tri-State area.
Both Huobi and Okcoin launched these P2P trading platforms through their
international affiliate
companies and relocated their operations outside China for keeping their operations active under the
cryptocurrency stringency in the home soil.
Similar to banks, brokers and other traditional financial
companies cryptocurrency businesses find that they must weed out potential clients that can put them at risk of running foul of AML laws or
international sanctions laws.
Metropolitan Bank Holding Corp, believed to be widely used by
cryptocurrency companies and investment firms, has reportedly ceased all
international wire - based,
cryptocurrency - related money transfers.
Brave New World Investments will help
international investors to buy shares of Iranian
companies with
cryptocurrency to avoid sanctions.
Three US - based lenders decided not to accept credit card payments for
cryptocurrency purchases, while news from China said the country will enforce its exchange ban on
international companies that still support Chinese traders.
According to BTCC's press release, the
company will now focus on three major market spheres, namely the
international BTCC Mining Pool, Mobi wallet software, and its own
cryptocurrency exchange.
The
company's CEO says CoinBit's launch will see it team up with
international blockchain partners and
cryptocurrency developers such as Waves, Ardor, Hshare and Maker.
The
company reacted to the Chinese ban by shifting focus to
international markets, including Korea — where it recently opened OKCoin Korea and expects to enable over 60
cryptocurrencies to be traded against the Korean won.
Last year, the initial coin offering (ICO) for Onegram — a purportedly Shariah - compliant, gold - backed,
cryptocurrency — garnered significant
international media attention for what the
company hoped would be a more than $ 500 million USD token - sale.
The agency is reportedly in talks with leading
international technology
companies to find an efficient method to track
cryptocurrency trading in the country for tax proposes.