News Sweden Begins Tests on a Central Bank Digital Currency

Тhe Riksbank, Sweden's central bank and the oldest central bank in the world, recently announced it had started trials for a central bank digital currency (CBDC), called the e-krona. If the trial run is a success, Sweden could be the first country in the world to launch a CBDC. Purpose of the Е-Krona If the e-krona achieves mass circulation, it ...

Bitvalex Academy What causes the Bitcoin price's ups and downs?

It's highly doubtful that anyone has been left with the impression that Bitcoin isn't a thing. Whether you actively invest or just overhear a piece of news over the media, one thing is certain—Bitcoin's value dynamics firmly states the importance and mass effect of the cryptocurrency. Ever since its initial release in 2009, Bitcoin has faced sev...

News Trump's Budget Proposes $2.4 Billion Funding for Secret Service to Police Crypto

President Trump's $4.8 trillion budget proposal has an interesting take on the crypto sector. According to the proposal, the US Secret Service would be given up to $2.4 billion to police activities in the crypto sector. The goal is to have the Secret Service police illegal criminal activity involving crypto and attempt to end it. What It States ...

News The German Financial Regulator Issues Guidelines for Foreign Crypto Custodians

BaFin, the Financial Supervisory Authority of Germany, recently issued guidelines that clarify how foreign crypto custodians will operate in the country. The authority issued the guidelines this January. According to the updated guidelines, those custody services operating in Germany's crypto sector would not be fined if they did not have a lice...

Bitvalex Academy The Best European Crypto Tax Guide

Cryptocurrencies are designed around the idea of no central bodies being in a total, centralized control and many of us would prefer that no amount of our crypto profits goes to the taxman. However, having clear taxation rules might be beneficial for the industry, legitimizing digital coins as a viable alternative to traditional money, essential...