Japan Seeks To Simplify Crypto Tax Reporting

News | October 19, 2018 By:

The Japanese Tax Commission is looking to adjust the tax filing procedure to stimulate a more thorough reporting of cryptocurrency gains.

During a general assembly meeting on October 17, the commission discussed possible improvements to the complex tax filing regime currently in place in the country.

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Crypto Custody Service Offered By Security Giant G4S

News | October 18, 2018 By:

Security services giant G4S has developed a new service for offline storage of cryptocurrencies to help “protect assets from criminals and hackers.”

Headquartered in London, England, G4S offers a range of services, including the supply of security personnel, monitoring equipment, response units and secure prisoner transportation.

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Crypto Exchange Coinbase Shuts Down Index Fund Due To Lack Of Interest

News | October 15, 2018 By:

Cryptocurrency exchange Coinbase is shutting down its crypto index fund product by the end of the month due to weak interest from investors.

The Coinbase Index Fund, which was announced in March of this year, was designed to give accredited US investors easy access to the crypto market by offering them an index that represents a basket of the exchange’s listed assets.

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Crypto Theft Hits Nearly $1B USD In First Three Quarters Of 2018 – Report

Crime, News | October 12, 2018 By:

Cryptocurrency theft through hacking of exchanges soared to $927 million in the first nine months of 2018, according to a report by crypto intelligence firm CipherTrace.

The report, titled “Cryptocurrency Anti-Money Laundering 2018 Q3,” revealed that theft of cryptocurrencies at exchange and platform layers continued to represent a major problem in the third quarter of the year.

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