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Tag Archives: Framework

Thailand Introduced Legal Framework, But Players Don’t Know How to Comply

On Sunday, May 13, Thailand joined a pool of countries that have introduced regulatory frameworks regarding cryptocurrencies. The 100 section law, published in the country’s Royal Gazette, defines cryptocurrencies as digital assets and digital tokens that fall under the regulatory jurisdiction of the Thai Security Exchange Commission (TSEC), making it the main policeman of crypto transactions in the country. TSEC ...

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Blockchain Firm Shyft Enters Partnership with Bermuda to Build Crypto Regulatory Framework

Bermuda is continuing to make itself known in the cryptocurrency space after signing a Memorandum of Understanding (MOU) with Shyft, a blockchain-based KYC/AML solution that aims to build out the country’s regulatory framework. Bermuda to Lead the Way Announced at Consensus, the partnership between the the Government of Bermuda and the Toronto-based digital identity provider, aims to establish Bermuda as the blueprint for leveraging ...

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Legal Framework For Cryptocurrencies Comes Into Force

A regulatory framework for cryptocurrencies has come into effect by royal decree in Thailand, the Bangkok Post reported Sunday, May 13.  The 100-section law, published yesterday in the country’s Royal Gazette, defines cryptocurrencies as “digital assets and digital tokens,” and brings them under the regulatory jurisdiction of the Thai Security Exchange Commission (SEC). The Bangkok Post quotes Thai Finance Minister ...

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South Korean Regulators To Release Crypto Tax Framework By June

South Korea’s Ministry of Strategy and Finance will reportedly release a taxation framework for cryptocurrencies by the end of June, local news outlet Fuji News Network (FNN) reported March 25. A spokesperson for the Ministry of Strategy and Finance said that although they “do not have a specific time frame,” they are “thinking about announcing a virtual money tax in ...

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Thai Finance Ministry Releases Final Version Of Cryptocurrency Tax Framework

Thailand’s awaited tax framework for cryptocurrencies has been announced this week by the Thai Finance Minister, local news outlet Nikkei Asian Review reported Friday, March 30. Apisak Tantivorawong reported during a March 27 cabinet meeting that crypto trades will be taxed with a 7 percent value added tax (VAT), and returns taxed with a 15 percent capital gains tax. The ...

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Belarusian Ministry Of Finance Releases Cryptocurrency Accounting Framework

Belarus has officially introduced cryptocurrency accounting standards, according to a March 6 document by the Ministry of Finance, local news outlet Jourtify reported yesterday, March 25. The document lays out the information needed about tokens for accounting purposes, as well as how to categorize tokens received by organizations (excluding the National Bank, Development Bank, non-financial bank institutions, and various banking ...

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French Financial Regulator To Introduce Framework Legi… | News

French financial markets regulator AMF (l’Autorité des marchés financiers) is reportedly preparing to introduce legislation on Initial Coin Offerings (ICO) to encourage the development of the new type of fundraising in the country, reports local news outlet Les Echos March 15. The French Ministry for the Economy and Finance confirmed that the regulatory framework proposed by the AMF would recognize ...

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Abu Dhabi Financial Regulator Considers Cryptocurrency Framework

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The regulator for Abu Dhabi’s international financial center is considering embracive regulations for the cryptocurrency industry, a move that could see exchanges and intermediaries move into the financial zone. In an announcement on Sunday, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market said it ...

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[x-post from /r/bitcoin] Simcoin – A Docker-based Blockchain Simulation Framework : litecoin

[x-post from /r/bitcoin] Simcoin – A Docker-based Blockchain Simulation Framework : litecoin this post was submitted on 11 Jan 2018 2 points (75% upvoted) shortlink: subscribeunsubscribe172,408 readers 3,848 users here now Wallets Official Wallet – Litecoin Core – Use bootstrap.dat to sync quickly LoafWallet iOS Official Lite Wallet, Electrum-LTC Official Paper Wallet Generator Litevault – Secure Web Wallet Buy Litecoin ...

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