According to a draft version of a royal decree, ICO issuers in Thailand will have 90 days to inform the SEC of their intentions. The document also states that digital asset trades will be subject to a 15 percent capital gains tax and a seven percent value-added tax, regardless of a trade’s profitability.
<h1>Thai Digital Asset Regulation To Begin In April; Draft Decree Details Tax Standards</h1>
According to a draft version of a royal decree, ICO issuers in Thailand will have 90 days to inform the SEC of their intentions. The document also states that digital asset trades will be subject to a 15 percent capital gains tax and a seven percent value-added tax, regardless of a trade’s profitability.
<h1>Thai Digital Asset Regulation To Begin In April; Draft Decree Details Tax Standards</h1>
According to a draft version of a royal decree, ICO issuers in Thailand will have 90 days to inform the SEC of their intentions. The document also states that digital asset trades will be subject to a 15 percent capital gains tax and a seven percent value-added tax, regardless of a trade’s profitability.
Scammers Are Posing As Crypto Exchange Support Staff, Says FBI
The FBI’s Internet Crime Complaint Center warned against criminals who pretend to be tech support for crypto exchanges.
‘Colored Coins’ Startup Coinprism Is Shutting Down This Weekend
Coinprism was arguably ahead of its time. But much has changed on the tech and regulatory fronts since its debut in 2014, and the startup is closing.
Major Cryptocurrencies Are Hitting 2018 Lows Today
Ripple’s XRP, ether and bitcoin cash have all hit fresh lows for the year, amid broader crypto market weakness.
Report: Korean Insurer Denies Claim from Bankrupt Crypto Exchange
A South Korean cryptocurrency exchange has reportedly had its insurance claim denied months after it closed following a debilitating hack.
UK Financial Watchdog Warns Over Unregistered Crypto Brokerage
The U.K.’s Financial Conduct Authority has warned investors over an unregistered brokerage that appears to be offering crypto-related derivatives.
China’s Central Bank Eyes Crypto as Possible Yuan Risk
The People’s Bank of China says cryptocurrencies will be a top priority for the agency this year, in an effort to protect the national currency.
Can the Lightning Network Avoid Going Corporate?
As startups developing bitcoin’s Lightning Network start pushing the tech forward, some wonder whether it’ll be taken over by corporate interests.
$7K Next? Bitcoin Bears Pull Off Downside Break
Bitcoin bears have come out victorious in the two-day tug of war with the bulls and may push prices down to $7,000.
West Virginia Piloting Blockchain Voting App in Senate Election
The U.S. state of West Virginia is trialing a voting system for absentee military personnel using a mobile app powered by blockchain technology.
State Digital Currency Still On Agenda, Says China Blockchain Research Lead
China is still in the process of developing a state digital currency, the chief of a government-funded blockchain research center has said.
What It’s Really Like to Talk to the SEC About Your ICO
Sweetbridge’s CEO met face-to-face with the SEC and came away with a sense the regulator is open to figuring out the best rules for the industry.
<h1>Massachusetts Securities Division Blocks Five ICOs</h1>
On Tuesday, five companies that sought to conduct initial coin offerings (ICOs) in Massachusetts were ordered not to sell unregistered or non-exempt securities in the state.
<h1>Ethereum Developers Talk Rent Fees For Mainnet Contracts</h1>
Several core developers are seriously discussing the possibility of using rent fees to fund the continued presence of individual EDCCs on the Ethereum network. If a contract’s rent is not paid, it would become inaccessible, at least temporarily.
Report: 2 Japanese Crypto Exchanges to Shut Down
Two crypto exchanges in Japan are reportedly set to close amid growing regulatory scrutiny from regulators in the wake of a $500 million theft.
Judge Backs FTC Asset Freeze in Crypto Fraud Case
U.S. Magistrate Lurana Snow has recommended that a preliminary injunction be enforced against four alleged scammers.
<h1>One EIP To Rule Them All: Nick Johnson And The Fellowship Of Ethereum Magicians</h1>
The lead developer for the Ethereum Name Service has created an Ethereum Improvement Proposal … to improve Ethereum Improvement Proposals.
B3i Shifts From Blockchain Consortium to Full-Fledged Company
B3i has become an independent company that will continue to explore and provide blockchain applications for the insurance industry.