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Singapore’s tax authority will not take a cut of airdropped cryptocurrency so long as the recipient gets it for free, according to an income tax treatment guide published Friday. The Inland Revenue Authority of Singapore (IRAS)’s new e-tax guide, published Friday, filled in the tax gaps for so-called “digital tokens,” a catchall for three crypto types: payment tokens, used to...
China is about to launch its national blockchain platform, part of the country’s grand strategy to lead the digital transformation of the world economy. Led by the State Information Center, the Blockchain Service Network (BSN) is poised to launch for domestic commercial use Wednesday and globally on April 25. If it works as envisioned, companies and software developers will be...
The news comes weeks after a court order put into doubt whether grams will be issued as planned at the end of April. Blackmoon touted its relationship with investors in Telegram’s upcoming blockchain last fall, shortly before the U.S. Securities and Exchange Commission (SEC) filed suit against the messaging platform in October and secured an injunction delaying gram issuance by...
ICOmarks team designs the platform for private investors and blockchain projects in order to make investment process clear, legal and secure. With country local partners we develop algorithm and documents to make possible. ICOmarks as a leader listing service on the ICO market takes care of investors and projects. We invite you to vote to show us if this interesting...
Such a move would come five months after Huobi’s San Francisco-based over-the-counter (OTC) brokerage, Huobi US (HBUS), abruptly halted operations, citing unspecified regulatory roadblocks. At the time, Singapore-based Huobi Group said it would return but did not give a timeframe. Now, the exchange aims to relaunch this business in partnership with a local licensed trading platform, said Ciara Sun, Huobi...
Steven Waterhouse is the CEO and co-founder of Orchid, a privacy tool built on Ethereum designed to let people explore the internet freely. With the global coronavirus pandemic confining billions to their homes, masses of workers everywhere are adjusting to remote work for the first time. This shift is forcing us to negotiate a new reality where there is no...
In times of crisis, people look to their government – or, at least, they want to. They may not have actual faith in the state’s capacity against a pandemic. But many of us want to believe there's someone with a higher plan. Coronavirus is a test of our faith and trust in government. Can we rely on our leaders in...
Speaking at a contentious White House coronavirus news briefing on Sunday that involved testy standoffs with multiple reporters, President Trump declared that "the peak in death rate" in the coronavirus pandemic "is likely to hit in two weeks," and said the federal government will be extending its social-distancing guidelines through April 30. "The modeling estimates that the peak in death...
Malta’s financial regulator has issued warnings against two crypto websites that falsely claimed to be licensed by the nation. The Malta Financial Services Authority (MFSA) called out the “COINMALEX” and “Crypto Foxtrades” crypto exchanges in twin warnings Wednesday. Both entities had claimed to be licensed, registered or domiciled in Malta, all of which MFSA denied. COINMALEX’s “about” page features a...
Teddy Fusaro is the chief operating officer at Bitwise Asset Management, a cryptocurrency asset management firm in San Francisco. He has held management and leadership positions at alternative asset management companies for the past decade, and began his career at Goldman Sachs. As America battles the invisible enemy of the novel coronavirus (COVID-19), an exponentially growing silent killer, we find...
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