Why Cryptocurrency Custody Solutions Are on the Rise

The last six months has witnessed significant growth in the number of businesses and banks launching cryptocurrency custodial services. These solutions give institutional investors peace of mind that their assets are secure, insured, and under the care of a trusted third party, freeing them from responsibility for safeguarding their cryptocurrency. Also Read: Fidelity Launching Crypto Custody and Trading Services Recent Crypto Custodianship Launches The number of crypto custody solutions being launched is growing rapidly. These services are aimed at institutional investors such as hedge funds, family offices and market intermediaries. According to…

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Should You Invest in WANChain? – WANChain CryptoCurrency – Crypto News

Should you invest in WANChain? WANChain CryptoCurrency! Crypto News!! Check Out VIO: https://www.viome.io/ Follow Us on Twitter: https://twitter.com/CryptoCoinNewz Join Our Telegram: https://t.me/ccncryptochat Our Business Email: officialcryptocoinnews@gmail.com News Story Sources: https://cointelegraph.com https://www.ccn.com I am not a professional financial adviser. All investments you make are of your own. Do your own research. All ICO reviews are paid reviews. All opinions are our own. Do your own research before clicking any links in the description and investing any money. source

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Current Crypto Bear Market Set to Become the Longest Ever

The market downturn that has prevailed since early 2018 is now within weeks of becoming the longest winter in the history of the cryptocurrency markets. Despite being on course to become the longest downtrend in BTC’s annals, the current market has produced the weakest drawdown of the three major bear trends experienced by BTC so far. Also Read: How to Buy Bitcoin Anonymously Cryptocurrency Markets Within One Month of Comprising Longest Downtrend Ever On Jan. 16, 2019, CNBC’s Ran Neuner tweeted that the 2018/2019 bear trend had entered its 390th day…

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Romania Imposes 10% Tax on Cryptocurrency Earnings

Romania has amended its tax laws, allowing it to start taxing gains from bitcoin investments at a rate of 10 percent. The improved fiscal code legislation categorizes earnings generated from buying and selling cryptocurrencies as “income from other sources” and therefore subject to income tax, local media reports. Also read: Falcon Private Bank Launches Crypto Wallet With Support for Direct BTC and BCH Transfers Only Gains From Crypto Investments to Be Taxed Romanian daily financial newspaper Ziarul Financiar quoted Adrian Benta, a local tax consultant, as saying: “Now, the earnings from bitcoin…

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Swedish Trader Expects to Pay 300% of Crypto Profits to Tax Agency

According to local media, a Swedish cryptocurrency trader is anticipating receiving a tax bill of approximately $1 million after conducting approximately $2.9 million worth of trades across tens of thousands of transactions made since 2014. The trader claims that the tax bill will equate to 300 percent of the profits he has earned rather than 30 percent due to failing to report the price that he paid for his cryptocurrency. Also Read: Airdrop Causes Exchange to Accidentally Send BTC to Customers Swedish Trader Faces $1 Million Tax Bill After Failing to…

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New Economy! – CryptoCurrency Economy – Zeepin Crypto Review

A new cryptocurrency economy with Zeepin Crypto! Check Out Zeepin: https://www.zeepin.io Follow Us on Twitter: https://twitter.com/CryptoCoinNewz Join Our Telegram: https://t.me/ccncryptochat Business Email: officialcryptocoinnews@gmail.com I am not a professional financial adviser. All investments you make are of your own. Do your own research. All ICO Reviews are paid reviews and all opinions are our opinions. Do your own research! source

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Crypto Investors should Keep an Eye on Lisk (LSK)

The crypto market of 2018 has scarred many great projects, which can be found all across the crypto space. This does not only include the usual top 10 largest coins by market cap, but also cryptos that were rising in ranks, on their way to maybe even infiltrate the top 10 list. However, while the bear market has definitely made things increasingly more difficult, these tend to be great quality projects that can, and likely will, persist. One such coin is Lisk (LSK), which currently sits at the 37th spot…

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Airdrop Mishap Causes Korean Exchange to Accidentally Send BTC to Customers

A South Korean crypto exchange mistakenly sent its customers BTC and other cryptocurrencies due to an error during an airdrop. Some users immediately sold the coins, causing the prices of a number of cryptocurrencies on the exchange to sharply fall. The exchange said, however, that the majority of customers have agreed to return the assets. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Airdrop Error South Korean cryptocurrency exchange Coinzest reportedly sent its customers BTC and other cryptocurrencies while trying to airdrop WGT tokens. The exchange posted…

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Falcon Private Bank Launches Crypto Wallet With Support for Direct BTC and BCH Transfers

Switzerland’s Falcon Private Bank has introduced a cryptocurrency wallet as well as support for direct transfers of BTC, BCH, ETH and LTC for private and institutional investors. The bank said investors can now directly transfer cryptocurrencies to and from its own “segregated Falcon wallets.” They can also convert their digital coins into cash. Also read: Chile to Start Taxing Cryptocurrency Earnings in Second Quarter of 2019 ‘Fully Bankable Blockchain Assets’ In a press release published on Jan. 21, Falcon claimed that its latest offering “makes blockchain assets fully bankable.” The Zurich-based bank…

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Russian Institutions Back Proposal to Let Companies Use Cryptocurrency

An idea to allow companies from certain sectors and in some regions to use cryptocurrencies is gaining traction in Russia. The proposal has been included in a draft law prepared by the Economy Ministry, a high-ranking parliamentarian has voiced his support, and big business is discussing its implementation. Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says Draft Law Offers to Create Regulatory Sandboxes in Russian Regions Select entities from the IT sector and the blockchain industry may be permitted to utilize digital assets in their financial transactions,…

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