カテゴリー: France

French Lawmakers to Lower Cryptocurrency Tax by 6 Percent

French Lawmakers Adopt Amendment to Cut Cryptocurrency Tax From 36 to 30 PercentFrench lawmakers have adopted an amendment to the 2019 budget bill that will cut capital gains tax on bitcoin sales to 30 percent from 36.2 percent. This will bring cryptocurrency transactions in line with other non-real estate assets, which are taxed at a flat rate of 30 percent. Also Read: Survey: South Africans Turn to Crypto […]

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World’s Biggest Banks Helped Clients Steal $63 Billion in Taxes in Europe

World's Biggest Banks Help Clients Steal $63 Billion in Taxes in EuropeEurope’s top banks allegedly helped wealthy clients across the continent steal 55 billion euros ($63 billion) from multiple governments by making tax reclaims to which they were not entitled, an investigation has revealed. The theft centred around a complex scheme of trading stocks that also involved hedge funds and large international commercial law firms. Also […]

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Court Refuses to Drop Money Laundering Charge Against UBS, $5.8 Billion Fine Looms

Court Refuses to Drop Money Laundering Charge Against UBS, $5.8 Billion Fine LoomsA French court has reportedly rejected a request by the largest Swiss bank to drop money laundering charge against it. UBS Group and a number of its executives are accused of tax fraud and money laundering. If found guilty, the bank could be fined up to 5 billion euros or $5.8 billion. Its executives could […]

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Regulations Roundup: Crypto-Intermediaries in France, SEC Deadline for Rejected ETF Commentary

Regulations Roundup: Crypto-Intermediaries in France, SEC Deadline for Rejected ETF CommentaryIn recent news pertaining to cryptocurrency regulations, French lawmakers are considering a proposed amendment that would introduce a regulatory framework for crypto-asset intermediaries; the U.S. Securities and Exchange Commission (SEC) has announced October 26th as the deadline for the submission of public comments relating to the nine exchange-traded funds (ETFs) it recently rejected; and a […]

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French Regulator Blacklists More Fraudulent Crypto Businesses

French Regulator Blacklists More Fraudulent Crypto BusinessesAMF, France’s financial regulator, has expanded its list of entities involved in fraudulent activities often related to cryptocurrency investments. The agency has added 21 new websites most of which have been luring French investors with offers to participate in token sales and digital assets trading. Also read: Russian Crypto Groups in Telegram Increase Membership Despite […]

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Art Exhibition in France to Celebrate Bitcoin’s Tenth Birthday

Art Exhibition in France to Celebrate Bitcoin's Tenth BirthdayA group of artists hailing from across the globe will congregate in France to showcase an exhibition celebrating the upcoming tenth anniversary of Bitcoin. The art will be available for purchase using several different cryptocurrencies. Also Read: 8 Surprising Findings from New York’s Virtual Markets Integrity Initiative International Artists Congregate in France to Celebrate Upcoming Tenth […]

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New French Law Sets Out Guidelines For ICOs

New Law In France Sets Out Guidelines For ICOsAfter slashing taxes on profits made from cryptocurrency trading by more than half, France has now implemented a new legal framework for initial coin offerings (ICOs). Is Europe’s third largest economy transforming into a haven for cryptocurrency? Also read: Faced With Cash And Forex Shortages, Zimbabweans Turn To Bitcoin – Even When It’s Banned French Lawmakers […]

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Russian Extradition Request Complicates Fate of Suspected Btc-e Owner

Russian Extradition Request Complicates Fate of Suspected Btc-e OwnerA court in Thessaloniki, Greece has accepted an extradition request from Russia for suspected Btc-e operator, Alexander Vinnik. Last month, a French request for Vinnik’s extradition was also accepted by Greece. Also Read: Markets Update: Monster Liquidations and Flash Crash Fear Russian Extradition Request Accepted for Alexander Vinnik Accepted by Greek Court A senior panel of […]

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Coinbase Now Offers Crypto currency Gift Cards in Europe and Australia

Coinbase Now Offers Crypto currency Gift Cards in Europe and AustraliaCoinbase now offers crypto currency-backed electronic gift cards in a number of selected markets in Europe as well as in Australia. The company sees this move as giving its clients “greater flexibility and control over how they use their crypto.” Also Read: The Daily: Exchange Operator Pleads Guilty, Scammer Fined Over $1.9 Million Coinbase Gift Cards […]

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