Bitcoin and cryptocurrency roundup: 26 March 2018

Posted: 26 March 2018 6:17 pm
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What's going on in cryptocurrency?

Binance in Malta, trouble in Telegram paradise, ATO seeks crypto tax feedback, Santander and Ripple, insect investing and weekly price analysis.

1. A vacation-like regulatory atmosphere

Malta is well known as a sunny and sandy holiday haven, and a good place to put money.

Binance has been welcomed to Malta with open arms and seems confident in offering fiat currency trading through Maltese banks soon.

2. Telegram for speculators

Dear investor STOP You may now purchase second round pre-sale tokens at over three times the first round price STOP Are you interested STOP

The Telegram ICO has shattered records for money raised, but insiders say it's facing diminishing investor appetite on one side and the Russian supreme court on the other.

3. But how do you really feel about cryptocurrency tax?

The ATO is looking for feedback on cryptocurrency tax obligations.

Not so much along the lines of "boo to taxes", but more like ways to make it easier for people to pay crypto taxes. There are still quite a few holes and ambiguities though.

4. Springtime, when financial services and payment providers pair off

Santander UK and Ripple have paired off and made offspring in the form of an international payment app due for release in the UK Spring.

It's in the running to become one of the first to use blockchain technology for at scale international payments.

5. Why are bees so good at cryptocurrency investing?

They know all the buzzwords.

But seriously though.

6. Weekly price analysis: Leisurely Litecoin

Litecoin isn't in any rush.

It's happy to chill with modest gains and demonstrate stability across price and other key metrics.

Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, BTC, NANO

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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