Lykke Crypto Exchange First to List Coinfirm Token

Lykke, a Swiss cryptocurrency exchange, will list Coinfirm Token (AMLT) on February 28
22 February 2018   807

Lykke will be the first crypto exchange to list Coinfirm Token (AMLT) on Wednesday, February 28.

About Lykke

Lykke is an exchange for cryptocurrencies and fiat. You can access the platform through your mobile device. It’s available for both Android and iOS (you download the Lykke Wallet to get started).


Lykke offers several unique benefits over the competition. There are a wide range of tokens which is constantly updated. The exchange also offers guaranteed execution, immediate settlement, and direct ownership guaranteed by the blockchain.

Lykke is based in Switzerland. The company’s goal is to build a global marketplace for the free exchange of financial assets. The company plans to use blockchain technology to eliminate market inefficiencies and promote free access from anywhere in the world.

The company also has its own Lykke coin (LKK), where each coin represents a 1/100th share of the company.

About Coinfirm

Coinfirm is a London-based global regtech enterprise focused on AML/CTF for Blockchain. The aim of Coinfirm is to build the global standard for AML/CTF & Compliance for Blockchain applications through their AML/CTF Platform currently serving three main blockchains: Bitcoin, Dash and Ethereum. 


The Coinfirm AML/CTF Platform uses proprietary algorithms and big data analysis to provide structured, actionable data that increases efficiency, reduces costs and streamlines compliance to near automation. In addition, Coinfirm develops dedicated blockchain solutions such as their data provenance platform Trudatum, which is an easy to use blockchain solution to register and verify the ownership and authenticity of any type of document, file, or data.

AMLT is the native token of the Coinfirm platform, designed to enhance transparency and democratization within the financial system by allowing market participants to help determine the potential risk of others. 

Coinfirm has successfully ended its ICO on January 30 with 16,601,45 ETH contributed and the company is going to release AMLT tokens on February 28.

Crypto Taxpayers to be supported in India

Cleartax, the largest Indian tax filing platform joins Zebpay exchange to help crypto taxpayers
24 March 2018   100

The object of this partnership is to educate Bitcoin traders and investors about the current tax laws and how to apply them in stating cryptocurrency profits and incomes. Indian authorities are aimed to find the best approach to Bitcoin and the other kinds of cryptocurrencies. The recent declarations of the regulators that new instructions would be accepted in a short time, have not been followed by real actions. So the attempts to enforce the control on this sphere have led to summaries that this task in not going to be simple at all. According to last month media reports, new frameworks and rules were waited by the end of March.

Though they failed to to introduce extensive regulations, the Indian authorities are focused to tapping into crypto earnings. In a previous month the Income Tax Department released notifications for thousands of cryptocurrency investors, as reported.

The Cryptocurrency Advisory Plan will help Indian bitcoin investors and traders in this year's tax campaign. The biggest tax filing platform Cleartax joins the Indian bitcoin exchanges and wallet providers Zebpay. They are both objected to support taxpayers to understand and abide by the law regarding taxation of the transactions with cryptocurrencies.

Cleartax declared it has the tax and technological expertise “to help people understand how bitcoin works”. Besides, the platform has started tax filing services for cryptocurrency investors. The Cleartax CEO and founder Archit Gupta claimed that together with Zebpay they are going to “simplify taxes for Indians”. The head of exchange at Zebpay, Nischint Sanghavi added that he believes the partnership with Cleartax will simplify tax planning for Zebpay`s customers.

In February about 100,000 cryptocurrency investors received tax notices from India`s Income Tax Department. Questionable dubious transactions, authorities investigated some of the cryptocurrency exchanges, and banks paused many of their accounts. Then the governmental pressure caused significant drop in trading volumes.

The authorities in Delhi have set a number of warnings against investing in BTC. Also the largest commercial banks have restricted severely the operations of local exchanges and individual cryptocurrency traders, even before any law demanding such measures is adopted.