Thai Finance Ministry Releases Final Version Of Cryptocurrency Tax Framework

Thailand’s awaited tax framework for cryptocurrencies has been announced this week by the Thai Finance Minister, local news outlet Nikkei Asian Review reported Friday, March 30. Apisak Tantivorawong reported during a March 27 cabinet meeting that crypto trades will be taxed with a 7 percent value added tax (VAT), and returns taxed with a 15 […]

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Bitcoin is Making Currency Manipulation Difficult for Central Banks

Adam James · March 31, 2018 · 10:00 am Bitcoin was largely created as a means of undermining the control of governments and traditional financial institutions. Now, the dominant cryptocurrency by market capitalization is making it difficult for governments and central banks to manipulate their own fiat currencies. Losing Their Grip Bitcoin and other cryptocurrencies […]

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Hong Kong Exchange OKEx Rolls Back Futures Transactions

Hong Kong–based cryptocurrency trading platform OKEx announced on March 30 that it was rolling back on all futures transactions due to what executives deemed an “irregular sell-off.” The exchange issued the following statement on its support page: To prevent forced-liquidations due to price differences after the settlements in ‘bi-weekly’ and ‘quarterly’ futures contracts, we will […]

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AirPod’s APOD Token Carries 3 Major Benefits

Bitcoinist.net · March 30, 2018 · 9:00 pm AirPod has established its own cryptocurrency. Called APOD, the project’s tokens will soon begin circulating between the AirPod and its customers — effectively creating one internal economy. Customers will be encouraged to utilize APOD tokens when renting pods for a substantial discount, and companies will be motivated […]

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South Korean Exchange Youbit Denied Insurance Claim Following December’s Devastating Cyberattack

DB Insurance — one of South Korea’s four biggest property and casualty insurers and the company that holds South Korean cryptocurrency exchange Youbit‘s policy — has denied a claim that the exchange filed after a hack in December of last year drained it of “about 17% of [its] total assets.” Youbit claimed that the insurance money, which could have added up to […]

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