Learn about British digital currency taxation in one article
Source: Crypto Valley Live Author: Robin Singh Translation: Zoe Zhou The British tax season is here. Digital currency investors need to be prepared this season to properly submit their digital currency tax returns. There are many signs that the HMRC is beginning to take drastic measures against digital currency tax evaders. In 2018, after the […]
U.K. updates crypto tax guide, highlighting Bitcoin as neither currency nor securities
Author Liang CHE Source: Than push bitpush.news, More than news, the UK tax authority has issued tax guidance for businesses to supplement its previous guidance for individuals. The guide clarifies the status of capital gains tax, corporate tax, national insurance, income tax and other taxes. The HMRC states that it generally does not consider cryptocurrencies […]
UK Finance Minister: FCA has the final decision on whether to implement the ban on crypto derivatives
According to Cointelegraph's October 22 report, the UK government recently stressed that it is up to the regulators, not the executives of cryptocurrency exchanges, to push forward the proposed ban on cryptographic derivatives for retail investors. Image source: pixabay According to Finance Feeds, on October 21st, British Finance Minister John Glen responded to a series […]
Strong supervision is coming? UK FCA will review 87 companies related to cryptocurrency
Recently, the UK Financial Market Conduct Authority (FCA) has taken tough measures against encryption-related companies. According to the Financial Times, the UK FCA is investigating 87 cases related to digital assets, 74% higher than the same period last year and only 50 last year. In addition, FCA's previous statistics show that in the past fiscal […]
The British guy received the Queen’s “help letter” for 2.5 million bitcoins. This wave of fraud is no one…
One thing that happened recently was that Paul Ridden was a little bit dumbfounded. Paul Ridden is the CEO of the UK technology company Smarttask, which is responsible for developing cloud-based OA products and providing related services. How to say it is also the CEO of a technology company, and various high-tech Internet fraud methods […]
Raise $50 million! Licensed hedge fund company Nickel launches encryption arbitrage fund
According to Coindesk's September 10 report, Nickel Asset Management, a hedge fund company licensed by the Financial Conduct Authority (FCA), recently said it has raised $50 million for a fund to fluctuate from the volatile cryptocurrency market. Profit. Image source: pixabay The company said on Monday that its Nickel Arbitrage Fund is no longer open […]
When the 6-year off-the-job farce ended, the impact of the biggest risk event at the end of the year on Bitcoin
In the past July, the digital money market experienced the first Fed rate cut in “in life”, and the increased trade friction between large economies made the safe-haven value of Bitcoin recognized by more people in the market. As the digital currency market represented by Bitcoin is increasingly linked to macro news, the external economic […]
L&G, the UK's largest insurance group, uses Amazon's blockchain services to manage and record large-scale pension transactions
According to Coindesk's June 13 report, an insurance company in the UK has adopted Amazon's service to launch its first blockchain system for large-scale pension transactions. Image source: wikipedia According to a report released by Reuters on Wednesday, British multinational financial services company Legal & General said it will use Amazon's Web Services (AWS) blockchain […]
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