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Daily News Instant messaging service platform, Telegram, has | Crypto News

Daily News

Instant messaging service platform, Telegram, has been called out for its reluctance to hand over financial details related to its initial coin offering (ICO) to the Securities and Exchange Commission (SEC).

The European Central Bank (ECB) remains open to the idea of a digital euro equivalent but would want to stop citizens holding too much of it.

South Korea’s government stated that it cannot impose income taxes on individuals’ profits from transactions of cryptocurrency, which contrasts with the National Tax Service’s recent imposition of an $68.9 million tax bill on local crypto exchange Bithumb Korea.

Bitcoin (BTC) can “very easily” hit $50,000 during 2020, the CEO of one cryptocurrency industry business has told mainstream media.

Evan Schwartz, senior software developer at major crypto firm Ripple announced that he is leaving the cryptocurrency company after six and a half years.