[ad_1] On 26 July 2018, the Luxembourg tax authorities published a circular on specific fiscal aspects of virtual currencies. Since it does not consider virtual currencies as a real currency, the circular clarifies that the Luxembourg tax accounts can not be prepared and the taxable income can not be reported …
Read More »Federal cards for Fintech: enhancement of the interferents, increased banking competition
[ad_1] On 31 July 2018, the Office of the Currency Controller ("OCC") announced the intention to accept domestic bank card applications for special purposes from non-custodial financial companies ("Fintech") . [1] This announcement coincides with the release of a Treasury Department report to support financial innovation and regulation of non-bank …
Read More »NFA proposes new disclosure requirements for CPOs and CTAs that engage in virtual currency activities
[ad_1] Interpretative Interpretation Notice: By letter of 20 July 2018, the National Futures Association ("NFA") presented a proposed Interpretation Notice entitled "19459007] Disclosure Requirements to the Commodity Futures Trading Commission (" CFTC ") for NFA Members engaged in virtual currency activities (the "Interpretative Communication"). The Interpretative Notice would apply new …
Read More »We are far away The United States is a utopia for Fintech
[ad_1] <div _ngcontent-c16 = "" innerhtml = " UNITED STATES – JUNE 13: Joseph Otting, currency controller, prepares to testify during an audition of the House's Financial Services Committee in 39; Rayburn building entitled "Regulation of the financial industry: the Office of the Currency Controller," on 13 June 2018. (Photo …
Read More »Hodler Mining ICO (Token HODLR): Crowd crowdfunding operation?
[ad_1] Hodler Mining ICO Hodler Mining is a revolutionary cryptocurrency mining platform that aims to compete with cloud mining services based on monthly and annual contracts. As of now, the company is currently conducting its ICO after successfully completing its presale event. Because this plant is located on a large …
Read More »Fintech's rental decision paves the way for bank changes – The Journal Record
[ad_1] By: Brian Brus The Journal Record 6 August 2018 The question of whether the Office of the Currency Controller will support or not support financial technology cards has been settled, and Oklahoma bankers are already adapting their attitudes . [19659004] Please enter your username and password in the fields …
Read More »Macau's financial system ordered to stop dealing with virtual currency – Macauhub
[ad_1] Macau banks and payment institutions have been informed that they should no longer directly or indirectly participate or provide financial services associated with virtual currency, the Macao Monetary Authority (AMCM) has announced. AMCM notification to territory The financial system also covers the provision of financial services using virtual currencies, …
Read More »The great "detoxification": do Fintech companies abandon cryptography?
[ad_1] It seems that tokenization is "eating the world", in the same way that Marc Andreessen said that the software was "eating the world" in 2011. ICO and blockchain are everywhere, and an increasing number of platforms seem to bring activity off-chain on-chain. However, last week, Latvian startup Digipulse announced …
Read More »EBA reports on the adoption of FinTech: what legal aspects should you consider when introducing new technologies?
[ad_1] The European Banking Authority (" EBA ") has recently published a report analyzing the main risks and opportunities for seven applications of innovative technologies in the financial services sector currently used in Europe ( available here, " report ") The Report aims to "raise awareness, within the supervisory community …
Read More »Investments in Asia fintech rose to US $ 16.8 billion in the first half of 2018 | FinTech
[ad_1] Fintech's global investments increased at a record pace in the first half of 2018, with $ 57.9 billion invested in 875 contracts, a significant increase compared to $ 38.1 billion invested throughout 2017, according to the The last KPMG Pulse of Fintech report. The highlights of the first half …
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