Cryptocurrency traders in France will be relieved of heavy tax as the government is taken steps that will induce a lower tax rate. The French Council of State announced on Thursday that profits arising from cryptocurrency sales should be considered as capital gains of “movable property”. – a decision that will see the current tax rate drop significantly.

Read More: https://news.bitzamp.com/france-to-introduce-lower-tax-rates-for-cryptocurrency-traders/

Deutsche Bank, Germany’s biggest bank and one of Europe’s leading financial institutions, recorded a profit of $146 million. Binance, the world’s biggest cryptocurrency exchange, recorded a profit of $200 million. Surprisingly, Binance managed to overcome one of Europe’s largest financial institutions after just eight months of operation. By comparison, Deutsche has been in business for

Read More: https://news.bitzamp.com/binance-is-more-profitable-than-deutsche-germanys-biggest-bank/

Despite High-Profile Heist Coincheck Earned Upto $432.56 million in Profit
Japanese online brokerage firm Monex Group has revealed its blockchain and initial coin offering (ICO) plans in its financial results for fiscal year ending March 31, 2018. The Japanese crypto exchange Coincheck earned an estimated $432.56 million between the months of its hack. The cryptocurrency exchange Coincheck has had a bit of a year. Starting

Read More: https://news.bitzamp.com/despite-high-profile-heist-coincheck-earned-upto-432-56-million-in-profit/

Lisa Su, CEO of AMD, one of the largest GPU Manufacturing firm, stated that Blockchain is a bit of a distraction in the short term during an interview with CNBC. Discussing AMDs huge quarterly performance, Su admitted the importance of blockchain stating “It’s a very important technology […] The idea you can do all these

Read More: https://news.bitzamp.com/blockchain-is-important-but-a-bit-of-distraction-says-amd-ceo/

The Japanese financial Services Agency (FSA) has slammed yet another cryptocurrency exchange with a business improvement order for its non-compliance to the Japanese law. On Wednesday, the Tokyo-based cryptocurrency trading platform, Everybody’s Bitcoin Inc. received an official warning from the FSA, impelling them to improve on the standards of their business operation. According to the

Read More: https://news.bitzamp.com/fsa-slams-another-crypto-exchange-with-business-improvement-order/

John McAfee-backed Cryptocurrency left a MongoDB Database Unsecured, Spilling Users Data
Kromtech Security has revealed a data breach tied to investors of the Bezop cryptocurrency. The cybersecurity firm made the announcement on April 24, 2018. The leak exposed confidential information about investors of the Bezos

Read More: https://news.bitzamp.com/john-mcafee-backed-cryptocurrency-left-a-mongodb-database-unsecured-spilling-users-data/

Changelly Partners With Binance to Improve Functionality In The Crypto Market
As consolidation in the cryptocurrency market intensifies, in a deal announced on Wednesday, Binance partners with Changelly. Binance is the largest cryptocurrency exchange platform by volume, while Changelly offers users a simple currency exchange interface. Prior to the announcement, Changelly’s CEO, Konstantin Gladych, met

Read More: https://news.bitzamp.com/changelly-partners-with-binance-to-improve-functionality-in-the-crypto-market/

Romania’s First Bitcoin Exchange Shuts Down after Bank Accounts Closure
Romania’s oldest bitcoin exchange, BTCxChange, has announced it is shutting down the platform starting May 1. Earlier this week, the startup owned by Max Nicula, issued a statement advising customers to withdraw all their remaining balances from the platform before May 1st. The company had earlier suspended its operations following the shutdown of its account

Read More: https://news.bitzamp.com/romanias-first-bitcoin-exchange-shuts-down-after-bank-accounts-closure-2/

Just like china banning Alibaba ..Do you think it would affect them much

Thanks for the review please visit https://news.bitzamp.com to read more

Yeah and regulation is also important for this industry

Visit https://news.bitzamp.com for your news today

Thanks but it still affects the price

The Dispute Between Binance And Sequoia Has Been Ruled in Favor of Binance CEO
Binance the world’s largest cryptocurrency exchange, has released a statement with regards to the legal proceedings brought against their founder Zhao Changpeng. The dispute between Zhao Changpeng and Sequoia of a breached agreement has been resolved by Hong Kong Lawsuit in favor of the CEO of Binance. As reported yesterday, the case stems from the

Read More: https://news.bitzamp.com/the-dispute-between-binance-and-sequoia-has-been-ruled-in-favor-of-binance-ceo/

Philippine Government Opens Doors To Crypto Operators Into Economic Zone
A government official said 10 blockchain and digital currency companies will be allowed to operate in the Philippines’ economic zone. The tax levied on the companies will be useful for eradicating unemployment from the country. According to a report, the companies licensed by Philippines regulators

Read More: https://news.bitzamp.com/philippine-government-opens-doors-to-crypto-operators-into-economic-zone/

Binance Founder Zhao Changpeng, Denies Allegations By Sequoia In Hong Kong Lawsuit
Binance chief Zhao Changpeng, founder of the world’s largest cryptocurrency exchange, has formally denied allegations made by venture capital firm Sequoia Capital about a failed funding deal.

As reported yesterday, the case stems from the collapse of negotiations for an investment in Binance by Sequoia. After the talks failed, the VC firm brought the lawsuit against Zhao, accusing him of breaking an

Read More: https://news.bitzamp.com/binance-founder-zhao-changpeng-denies-allegations-by-sequoia-in-hong-kong-lawsuit/

Chile’s Court Orders Two Banks to Re-open Accounts of Crypto Exchanges Chile anti-monopoly court has ordered two banks to re-open the accounts of Buda cryptocurrency exchange. Earlier this month; a group of exchanges in Chile filed a lawsuit against the banks’ decision to shut down their accounts. Buda, Orionx, and CrytpoMarket say that the banking

Read More: https://news.bitzamp.com/chiles-court-orders-two-banks-to-re-open-accounts-of-crypto-exchanges/

BBVA, The First Bank to Issue Corporate Loan Using Blockchain, To Improve Efficiency
Spain’s Banco Bilbao Vizcaya Argentaria (BBVA) is the first bank to issue a loan using distributed ledger technology that underpins digital currencies and has the potential to transform the banking process. The Spanish bank says the pilot transaction reduced the time needed

Read More: https://news.bitzamp.com/bbva-the-first-bank-to-issue-corporate-loan-using-blockchain-to-improve-efficiency/

Nasdaq Would Consider Becoming a Crypto Exchange Future Says CEO Nasdaq is open to becoming a cryptocurrency exchange, the company’s CEO said in a interview with CNBC on Wednesday, April 25. Also Read: Winklevoss Twins Teams up with Nasdaq to Increase Crypto Trading Oversight Nasdaq CEO Adena Friedman said during the interview that “certainly Nasdaq

Read More: https://news.bitzamp.com/nasdaq-would-consider-becoming-a-crypto-exchange-in-future-says-ceo/

Sequoia Sues Binance Founder over Failed Financing Deal Zhao Changpeng, the billionaire founder of one of the world’s largest cryptocurrency exchanges, Binance, has been sued by Sequoia Capital, according to a report by Bloomberg. Also Read: Cryptocurrency Exchange Binance Has Led a $30 million Fundraising Round For MobileCoin Sequoia sued Zhao over a funding deal

Read More: https://news.bitzamp.com/sequoia-sues-binance-founder-over-failed-financing-deal/