In Russia, operations with cryptocurrency are not yet legally regulated, and therefore, by themselves, they do not violate anything. However, from January 1, 2020, a law comes into force to remove a number of restrictions on foreign exchange transactions, and in the fall of this year, the law “On digital financial assets” can be adopted that regulates the cryptocurrency market. How is it legal to acquire or sell cryptocurrency during the legislative vacuum and not violate the currency, tax and criminal laws of the Russian Federation? Cryptocurrency purchase If you do not have the task of legalizing cryptocurrency and income,…
Author: BlockchainJournal
Boerse Stuttgart, one of Germany's largest cryptocurrency exchanges, has opened a regulated unit with the help of which it will supervise the spot trading of Bitcoin on the new platform. Spot trading started on the Boerse Stuttgart Digital Exchange (BSDEX) on Monday, platform regulation is carried out in accordance with the provisions of the local Banking Act. Currently, only one pair is represented at BSDRX – BTC / EUR. Boerse Stuttgart's intention to introduce a fully regulated digital asset exchange was announced back in December 2018. Initially, the exchange wanted to launch the site in the first quarter of 2019.…
For almost three months, the Bitcoin (BTC) chart has been drawing a typical technical analysis figure – a triangle. Now this figure is close to completion, and in the coming days a new major movement is likely. But where? At the peak reached on June 26, the Bitcoin exchange rate approached $ 14,000 – it has not been so high since January 2018. But after only 3 weeks, on July 17, BTC was already "resting from the jump" a little above $ 9,000. Since then, the first cryptocurrency has not gone beyond the limits of this range. A lingering correction…
The Canadian company Kik Interactive, the developer of the Kik mobile messenger, will cut 70 employees of the cryptocurrency division, Calcalist reports. Kik CEO Ted Livingston wrote in a blog post that the company will close the messaging app and reduce the team to 19 people to focus on developing the Kin token ecosystem. According to Livingston, the decisions taken will reduce the average monthly cost of the company by 85%. […]
The Stuttgart Stock Exchange has announced the launch of regulated spot trading in cryptocurrencies. At this stage, only one pair is represented on the site – bitcoin to the euro, writes the local business publication Onvista. Trading on the Börse Stuttgart Digital Exchange (BSDEX) is carried out in accordance with the German Banking Act. Access to the trading platform, which was […]
OKEx crypto exchange confirmed the information about the launch of futures on the Tether stablecoin, pegged to USD, with the possibility of margin trading. The launch will take place in October. Despite the fact that the company has precisely determined the month of launching a new financial instrument, the exact date is still unknown. Future OKEx futures will allow traders to open short and long positions on Tether, using borrowed funds to make a profit on the fluctuation of the stablecoin rate. Recall that recently, the Tether team announced plans to launch another stablecoin – CHNT, which will be supported…
Hardware wallets are considered the safest way to store bitcoin and other cryptocurrencies. These are specialized devices that can sign transactions without revealing a private key. They are less prone to phishing and malware than software wallets , and less vulnerable to hacking than online wallets . The hardware wallet market is currently dominated by two major brands, Ledger and Trezor , which are unmatched. Very few companies have such strengths that will surpass these two giants, although attempts are still being made. Here are five well-known manufacturers of hardware devices for storing cryptocurrencies that have attracted attention this year.…
The People's Bank of China (PBoC) has denied media reports about the launch of the national digital currency in November and the participating organizations. This is written by the Global Times. In August, information appeared that the launch of the digital currency of the Central Bank (CBDC) of China will occur no later than November 11. It was also reported that the exclusive right to distribute the national digital currency will receive seven organizations: the four largest commercial […]
ATAIX has announced that it will be the first to open the domestic currency trading of the Telegram Open Network (TON) blockchain network – Gram tokens [GRM] originally bought by investors during the preliminary closed sale stage for $ 1.7 billion. Last year, Telegram, Gram became one of the most popular tokens with the highest capitalization, which has not yet appeared on the market. Selling Gram on ATAIX will be the first opportunity for individual investors to buy Gram tokens, which can then be sold immediately after the launch of the TON network and the issuance of tokens by the…
The crypto community waited for the launch of the Bakkt platform – it was precisely today that trading in deliverable Bitcoin futures started, what happens with the cryptocurrency rate? As soon as the trading of the flagship cryptocurrency began, it was possible for some time to break beyond the level of $ 10 thousand, but soon the rate again rushed down. According to Bakkt, the size of the first deal was $ 10,115. Recall that the contracts offered by the Bakkt platform give market participants the right to bet on a change in the Bitcoin exchange rate in the future.…