Report Details Surge in Crypto Mining on College Campuses

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Mining A report published by cybersecurity company Vectra has detailed what it describes as an “alarming surge in cryptocurrency mining on college campuses.” Also Read: Markets Update: Cryptocurrencies Lose Over 20 Percent This Week  Colleges Become Hotbed for Mining Activities Vectra’s report asserts that opportunistic students, malicious hackers, and even cryptocurrency mining […]

Cambodia’s Crypto Industry Marches Forward Despite Legal Grey Area

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Emerging Markets Cambodia’s cryptocurrency sector appears to be marching forward, despite the absence of clear regulatory guidelines pertaining to virtual currencies.  Also Read: PBOC to Strengthen Cryptocurrency Regulations in 2018 Regulatory Ambiguity Fails to Deter Cambodia’s Cryptocurrency Sector A report published by The Phnom Penh Post suggests that Cambodia’s virtual currency […]

New ESMA Measures Impose 2:1 Restriction on Leverage for Crypto CFDs

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Regulation The European Securities and Markets Authority (ESMA) has announced that it will impose restrictions on the leverage offered for contracts-for-difference (CFDs) and binary options offered to European retail investors. Under the new measures, the leverage offered on cryptocurrency CFDs will be limited to no more than 2:1. Also Read: PBOC […]

Russians Owe 13% Tax on Their Crypto Incomes

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Taxes Russian citizens are expected to pay 13 percent tax on their crypto-related incomes. Amendments to the tax code are currently being prepared. The exact rates should be confirmed by the end of the year. However, lawyers have warned that even now citizens risk criminal prosecution if they fail to […]