April 6, 2018

Spanish Tax Authority Seeks Cryptocurrency Users’ Details from 60 Companies: Report

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Spain’s official tax agency has reportedly sought names and trading data of cryptocurrency adopters by requesting the details from over 60 companies.

Citing an official from the Agencia Estatal de Administración Tributaria (AEAT), the revenue service of the kingdom of Spain, El Confidencial is reporting that the authority is launching the country’s biggest dragnet yet to look into tax evasion and money laundering via cryptocurrencies.

The AEAT has reportedly sent requests to 60 companies including banks, securities firms, cryptocurrency exchanges and crypto-accepting businesses to gather details including the identities of their crypto clients, bank details, payment card information and transactional amounts. The move comes amid a broader crackdown on online tax evasion by Spanish authorities which extends to platforms like Airbnb.

Spain’s official tax agency joins a number of other global counterparts staking and even pursuing their intent to collect taxes from cryptocurrency adopters. The likes of South Korea, Australia, India, the United States, Thailand, and Israel are among a growing list of nations working toward or already establishing tax guidelines for adopters.

Meanwhile, Spain’s ruling government is also preparing tax incentives to lure startups and companies from the crypto and blockchain sector to the country, with the added possibility of legislating initial coin offerings (ICOs) in a regulated manner. “We want to set up Europe’s safest framework to invest in ICOs,” lawmaker Teodoro Garcia Egae from the People’s Party (PP) said earlier this year.

Featured image from Shutterstock.

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Published at Fri, 06 Apr 2018 12:33:02 +0000

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December 11, 2017

Revain Announces Release of Version 0.2 of the Platform

Moscow, Russia, December 11, 2017 – Revain announced today the release of version 0.2 of the platform in less than a month after the release of its first test version on November 15th, 2017.

In addition to basic features of the test version, the version0.2 has delivered a number of new ones. First and foremost, everyone can write a review on the platform. Second, “Like” and “Dislike” buttons are now active. Third, with new functions, such as “Sell” and “Buy” you can immediately trade token on a number of exchanges. Finally, we have introduced the button “Follow” which enables users to subscribe to receive updates from the project.

Rinat Arslanov, CTO of Revain, stated:

v0.2 release is finally here and Revain team is really happy how things are going right now. The beta version which was released a week ago generated a fair share of excitement among our community as well as helped us to perfect the final release. We are thankful to all users who tried beta and left their feedback and we are looking forward into the future!

About Revain

Revain is a feedback platform designed for accumulating authentic user reviews on projects and startups that have concluded their crowdfunding / ICO stage. The platform is bringing to life the service that will finally allow businesses to receive detailed and genuine feedback about their projects, while users will get access to other people’s experience with ICOs and share their own insights as well. The platform aggregates information on token dynamics and major milestones in startup’s development.

Impartiality of opinions available on the platform is achieved by the fact that only well-reasoned reviews will be stored. After the platform is introduced in its full capacity, a review hash will be getting stored in the blockchain, which stands for its inalterability and no chance of making changes or deletion.

Our platform is available at dashboard.revain.org

Links:

Website: https://revain.org
Facebook: https://www.facebook.com/revain.org
Twitter: @revain_org
Medium: https://medium.com/revain

Press and Media Inquiries:
contact@revain.org

Images courtesy of Revain

The post Revain Announces Release of Version 0.2 of the Platform appeared first on Bitcoinist.com.

May 24, 2017

Exscudo Releases EON Source Code On GitHub

Exscudo, the all in one financial services provider, has published the public part of the EON blockchain source code on GitHub.

[Note: This is a press release.]

The source code covers the rules of consensus, emission and block confirmation. The blockchain has been developed by the Exscudo team and is focused on providing and supporting financial services. It also enables Exscudo to develop its independent products and services.

The team has published the EON peer core source code on GitHub. It shows the main structure of the system, and how EON works and interacts within itself, but it does not cover the full functionality of the node.

“We are concerned about the security of our customers and we want to protect our intellectual property”, – CEO Andrew Zimine explains, – “I wouldn’t like anybody to set up a peer network before we do it ourselves. This is why we do not publish the full information about nodes on this stage.”

However, Exscudo plans to launch the EON test network in a couple of weeks after the end of the ICO. The detailed instructions for setting up regular and master nodes will be published in June. The minimum technical requirements for setting up a node on a virtual server are the following:

A machine with 1 or 2 cores
1-2 GB operational memory with Unix support
100-200 Gb HDD.

EON uses the DePOS mining algorithm. This means that the nodes that have more coins deposited are more likely to sign a block. DePos mining is considered to be fairer for node owners, as the rewards do not depend on the power capacity of the mining equipment.

The minimum sum required for starting a node equals 25.000 EON coins. In case a user deposits more coins on the node, he raises his chances to sign a block.

The launch of the EON test network is planned for June 2017. After the blockchain is set up, Exscudo will launch its first product, the Channels mobile app. Channels is a mobile wallet and secure messenger that works on the EON blockchain. It provides for secure communication, payments, trading and money exchange.

The key features and the structure of EON are easily explained in this video.

Images courtesy of Exscudo

The post Exscudo Releases EON Source Code On GitHub appeared first on Bitcoinist.com.