Tag: Expects

Swedish Trader Expects to Pay 300% of Crypto Profits to Tax Agency

Swedish Trader Expects to Pay 300% of Crypto Profits to Tax Agency According to local media, a Swedish cryptocurrency trader is anticipating receiving a tax bill of approximately $ 1 million after conducting approximately $ 2.9 million worth of trades across tens of thousands of transactions made since 2014. The […]

Overstock to Focus on DLT, Expects to Sell Retail Business by February

Overstock to Focus on DLT, Expects to Sell Retail Business by February Major online retailer Overstock expects to finalize a deal to sell its retail operations by February. The Utah-based company is selling the business so it can solely focus on the cryptocurrency and distributed ledger technology (DLT) sector. Also […]

Indian Government Expects to Finalize Crypto Bill Next Month

Indian Government Expects to Finalize Crypto Bill Next Month The Indian government has reportedly filed an affidavit with the country’s supreme court detailing its progress on cryptocurrency regulations. “Serious efforts are going on” to prepare the draft crypto bill and report, the government explained. The two are expected to be […]

Sberbank CEO: Expects Industrial Blockchain Adoption in Under Two Years

Sberbank CEO: Expects Industrial Blockchain Adoption in Under Two Years The head of Russia’s Sberbank has set tongues wagging after he emerged bullish about the future of blockchain adoption. CEO Herman Gref is forecasting industrial scale adoption in as little as one or two years. Blockchain Adoption Gref believes the technology […]

Thai SEC Expects to Approve Country’s First ICO Portal This Month

Thai SEC Expects to Approve Country’s First ICO Portal This Month Thailand’s Securities and Exchange Commission (SEC) has reportedly revealed that it expects to approve the country’s first portal for initial coin offerings (ICOs) this month, with ICO approvals to follow. According to the country’s crypto regulation, a portal’s role […]

Exchanges Roundup: Luno Expects ‘Open’ South African Rules, Bitstamp Updates Engine

Exchanges Roundup: Luno Expects ‘Open’ South African Rules, Bitstamp Updates Engine In this edition of Exchanges Roundup, we look at a Luno executive’s belief that the South African government will introduce “open” crypto regulations. We also focus on Bitstamp, which expects a 1250x increase in matching speed after it integrates a […]