French Government Lowers Cryptocurrency Taxes

Taxes on gains from cryptocurrencies transactions has been reduced to a flat 19% rate from the previous high rates that went up to 45%. Profits made from cryptocurrencies will now be seen as capital gains of movable property. François Villeroy de Galhau, the French Central Bank is stating that there is a necessity to promote…

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Cryptocurrencies Are Coming Back To A Positive Track

BTC prices have gone through a downward correction and have now bounced back above the USD 9000 threshold. Expert predicted market volatility and sell fear, but it appears that their predictions have been proven wrong. Besides Bitcoin, other Altcoins are also joining this bullish trend.  It appears that the crypto-market is experiencing a downside correction and…

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FTC Ordered South Korean Crypto Exchanges To Make ‘Consumer-Friendly’ Contracts

The South Korean Fair Trade Commission recently sighted twelve crypto-exchanges to offer adhesion contracts which lack proper customer protection, and ordered them to make it more ‘consumer-friendly.’ Now, for those of you who don’t know, adhesion contracts are lists of terms and conditions created by an entity and are non-negotiable to the customer. The FTC…

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Monex Group Acquires Coincheck – Cryptocurrency Exchange

Back in January, Coincheck became the victim of a massive hack which resulted in the crypto exchange losing $542 million in cryptocurrency, and not to mention its decline in reputation in the market. Following this event, the company finally agreed to Monex’s billion investment offer with which Monex Group was now officially acquired Coincheck. According…

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