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Texas Updates Regulatory Guidance Regarding Cryptocurrency Activities

The Texas Department of Banking has published new guidance regarding the regulatory treatment of virtual currencies under the Texas Money Services Act. The document states that most transactions involving cryptocurrencies will not be considered a transfer of “monetary value” but the exchange of virtual currencies for fiat will likely be recognized as a “money transmission. дальше »

2019-1-5 21:00


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South Africa Prepares to Tackle Cryptocurrency Challenges with Working Group

The South African government established a group of specialists to investigate digital currency and blockchain technology to devise a regulatory framework for the emerging industry Finding the Appropriate Regulatory Framework Following many of the governments around the world, South Africa has recently gathered a working group to research digital currencies and crypto assets to establish suitable guidelines reported Business Live,. дальше »

2019-1-5 02:00


U.S. Federal Reserve Doesn’t Like the Idea of a Government Cryptocurrency

The Federal Reserve Board governor is still not fond of the idea of central bank digital currencies, despite the fact that the reserve is equipped to issue one. The Fed Says No to CBDCs It’s been a year since bitcoin’s price exploded and launched cryptocurrencies into the mainstream, which pushed many to believe that the […] The post U. дальше »

2018-12-30 14:20


Kraken Exchange Opens Margin Trading for Bitcoin Cash (BCH) and XRP (Ripple)

The popular cryptocurrency exchange Kraken has announced that is launched margin trading for Bitcoin Cash (BCH) and XRP. This would allow users to trade virtual currencies with funds that they do not actually have allowing them to make greater profits but amplifying their losses as well. The information was released in a blog post by […] дальше »

2018-12-29 22:22


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U.K.’s Tax Authority Releases Taxation Guidelines for Local Cryptocurrency Holders

Her Majesty’s Revenue and Customs (HMRC), a non-ministerial department of the British government in charge of the collection of taxes, has published a paper highlighting the various types of fees applicable to blockchain-based virtual currencies and how cryptocurrency traders should handle their cryptos, according to a report released December 20, 2018, by the agency. дальше »

2018-12-23 03:00


Crypto Mining GPU Producer Nvidia Becomes The Worst S&P 500 Performer Due To Bear Market

GPU Producer Nvidia Becomes The Worst Performer In S&P 500 Amid Bear Market The cryptocurrency bear market has affected several companies and virtual currencies in the space. Many Initial Coin Offerings (ICOs) that gathered several millions of dollars were not able to launch a working product to the market. But the crypto mining industry has […] дальше »

2018-12-23 20:58


John McAfee Notions at the SEC Losing its First Legal Battle Against Blockchain Crypto Assets

John McAfee, one of the most recognized figures in the cryptocurrency space has given his opinion regarding the U.S. Securities and Exchange Commission (SEC) and virtual currencies. In a recent tweet uploaded by McAfee, he said that the SEC has lost its first legal battle in its unlawful quest to regulate the crypto market. The […] дальше »

2018-12-22 09:42


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Congressmen Introduce Bill to Change Securities Definition to Exclude Cryptocurrency

Two congressmen are introducing a bill that would exclude digital currencies from securities classification and substantially improve the tax treatment for cryptocurrencies. The new definition could benefit current cryptocurrency projects—such as Ripple’s XRP—and allow for ICOs and STOs to fundraise with more clarity. дальше »

2018-12-21 02:03


Caleb and Brown Crypto Broker CEO Says Financial Advisors Are Buying Bitcoin (BTC) in Bulk

It seems that the bear market in the cryptocurrency space is a good opportunity for investors and financial advisors to purchase virtual currencies. According to the CEO of Caleb and Brown, one of the largest crypto brokerage services in Australia, financial advisors are purchasing large amounts of Bitcoin (BTC). Caleb and Brown, which was founded […] дальше »

2018-12-20 19:38


Despite undergoing a lower rate of Cryptocurrency adaptation, illegal Crypto Mining is a big business in Africa

Africa (countries in Africa) just like many other countries are still yet to fully adopt the technology of cryptocurrency and the major reason for this can be traced down to law enforcement organizations who are still uncertain on what to categorize cryptocurrencies as and where exactly the digital currencies fall into. дальше »

2018-12-20 23:38


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Iran Embraces Blockchain Technology while Egypt Considers a State-Backed Cryptocurrency

While the cryptocurrency bear market shows no signs of slowing down, countries across the world are swiftly exploring the potential of blockchain technology and virtual currencies. Joining the legion of blockchain “friendly” nations are Iran and Egypt, who have both voiced their intentions to deploy the disruptive technology in a controlled capacity as per reports on December 16, 2018. дальше »

2018-12-19 18:00