Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + More News

Taxes news India won’t allow losses incurred in a particular digital asset to be set off against income from another version of a crypto holding, Bloomberg reported, citing a junior finance minister. “We fear the lack of provision to offset losses will drive away users from KYC-compliant exchanges and platforms to the underground peer-to-peer grey market, […]


‘Developing Economies’ Tracking El Salvador’s Bitcoin Moves with Interest

Conventional financial managers are still skeptical about El Salvador’s prospects of launching a new economic paradigm on the back of a forthcoming bitcoin (BTC) bond issuance. But other nations may be looking to the Central American nation with keen interest – hopeful of following suit if El Salvador’s move to adopt BTC as legal tender last year pays […]


ESMA bans Binary Options, restricts CFDs, while spread betting firms expect revenue growth due to Digital Currency boom

By admin On March 27 2018 the European Securities and Markets Authority (ESMA) announced the official ban of Binary Options to retail investors, while imposing leverage restrictions on the sale of Contract for Differences (CFD), which includes : • a margin close out rule on a per account basis • negative balance protection • a restriction […]

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