Business

Indian traders could face additional 2% tax for trading in overseas exchanges
-
24 June, 2021

Indian traders could face additional 2% tax for trading in overseas exchanges

The Indian government charges a 2% tax, known as the equalization levy, to online entities servicing Indians but which are...
CoinGeek Zurich: Digital asset service providers are ‘evolving for scale’
-
24 June, 2021

CoinGeek Zurich: Digital asset service providers are ‘evolving for scale’

Ella Qiang chaired the CoinGeek Zurich conference session on Service Providers for the Digital Asset Industry, bringing together some of...
French central bank trials CBDC-based securities settlement
-
24 June, 2021

French central bank trials CBDC-based securities settlement

The trial involved using the CBDC to simulate the settlement of listed securities in a test environment. Banque de France...
Bybit derivatives exchange hit with securities violations in Canada
-
24 June, 2021

Bybit derivatives exchange hit with securities violations in Canada

The Ontario Securities Commission has issued a statement of allegations against Bybit, accusing the company of operating in its jurisdiction...
ICO LOCIcoins and CEO hit with $7.6M fine over unregistered securities, fraud charges
-
23 June, 2021

ICO LOCIcoins and CEO hit with $7.6M fine over unregistered securities, fraud charges

The U.S. Securities and Exchange Commission has settled charges brought against Loci Inc. and its CEO John Wise in connection...
South Africa BTC scam Africrypt makes off with $3.8B, asks victims not to report
-
23 June, 2021

South Africa BTC scam Africrypt makes off with $3.8B, asks victims not to report

South African investors are still in shock after a digital currency scam reportedly made off with R54 billion ($3.8 billion)...