EU Markets Watchdog Sets Leverage Limits On CFDs, Cryptocurrencies

The European Securities and Markets Authority (ESMA) has announced leverage limits as temporary product intervention measures on the provision of contracts for differences (CFDs), including those using cryptocurrencies, for retail investors in the European Union (EU). ESMA also announced measures for binary options. The measures will be published in the …

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Australia Seeks Public Input on its Tax Treatment of Cryptocurrencies

Australia’s official taxation department has opened a public consultation to hear feedback about its tax guidelines on cryptocurrencies. In a statement this week, the Australian Taxation Office (ATO) confirmed an update of its cryptocurrency tax guidance after admitting to fielding a number of community queries ‘about how to approach specific …

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Canadian Homeowner Will Only Take Bitcoin for Condo Sale

A Toronto man is demanding digital currency for his Ontario property. Former Wall Street businessman Derryn Shrosbree has listed his home for 35 bitcoins- $450,000 in today’s market. He told CBC News that the move was driven by a belief in the technology: “I believe it’s the future”. It marks …

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India’s Biggest Tax Filing Platform is Helping Investors File on Bitcoin Gains

A new partnership between major cryptocurrency exchange Zebpay and tax filing platform Cleartax aims to assist cryptocurrency investors file taxes on capital gains from their crypto assets. As Indian authorities continue to be perfectly ambiguous over guidelines or regulations for cryptocurrency adopters and the industry respectively – bitcoin and cryptocurrencies …

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