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US Debt Spiralling Out of Control, Why it’s Big for Crypto
Over the next decade, the Congressional Budget Office predicts US government debt will rise to levels not seen since the 1940s. The irresponsible fiscal policy is another example of the current system’s shortcomings when compared to immutable crypto assets. дальше »
2020-1-30 01:00 | |
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South Korean Authorities Formulate Legislation to Boost Mainstream Bitcoin Adoption
South Korea’s Presidential Committee on the Fourth Industrial Revolution (PCFIR) is advocating that the Korean government makes cryptocurrencies mainstream by introducing friendly regulations that will help to integrate distributed ledger technology (DLT) powered digital assets into the traditional financial world, according to an Ibtimes report. дальше »
2020-1-8 18:00 | |
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IRS Says Charity Crypto Donations Must be Declared
Recently, the US government’s revenue service, the IRS made a few changes to its set of FAQs on crypto assets. Charity organizations that are generally exempted from tax collections have to report virtual currency based donations on Form 990, the agency said on December 26. дальше »
2020-1-3 17:00 | |
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Fidelity Digital Assets sets up shop in the U.K. after Johnson win; can Europe lead crypto adoption?
Asset management giant Fidelity Investments has established a U. K. entity for its cryptocurrency business with the intent of gaining a foothold in Europe, the move coming days after British Prime Minister Boris Johnson led his pro-Brexit government to victory in a snap election. дальше »
2019-12-18 13:00 | |
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Central Banks Consult on Tougher Crypto Asset Oversight
The Basel Committee on Banking Supervision (BCBS) is soliciting comments on “Designing a prudential treatment for crypto assets,” to improve the regulatory oversight by March 2020. The paper says, “These types of crypto-assets are not legal tender, and are not backed by any government or public authority. дальше »
2019-12-13 23:36 | |
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Ukrainian Government Finalizes Money Laundering Laws Based on the FATF Recommendations
The Ukranian government has finalized a money laundering law for virtual assets and virtual asset service providers based on the recommendations put forward by FATF. Ukrainian legislative body Rada published the final version of the law on December 6th. дальше »
2019-12-8 19:05 | |
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Digital Currency Regulation Around the World
A conversation with Michelle Bond, Ripple’s Global Head of Government Relations The entrance of Facebook’s Libra whitepaper has caught the world’s attention. While many look to the U.S. to help define a framework for digital assets and blockchain regulation, the question remains: Will policymakers strike the right balance between fostering innovation and protecting consumers? What … Continued The post Digital Currency Regulation Around the World appeared first on Ripple. дальше »
2019-8-9 23:00 | |
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Monero’s privacy is preferred by users, claims John McAfee
Running parallel to the crypto adoption predicament is the need to redefine privacy in finance. Tech juggernaut John McAfee strongly believes this as the main reason why government-built crypto assets are destined to fail. дальше »
2019-8-8 15:00 | |
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Gold Beats the S&P 500 YTD but Risks Abound for the Safe-Haven Asset
As volatility ravages the stock market, it is no surprise that demand for safe-haven assets is soaring. The controversial godfather of defensive assets, gold, has outperformed the S&P 500 year-to-date, and it’s undoubtedly no coincidence. дальше »
2019-8-8 00:00 | |
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Indian Tax Authority Sends Probing Questions to Crypto Owners – Experts Weigh In
As the Indian government deliberates on the country’s crypto policy, the tax authority continues to send out letters with lengthy, probing questions to crypto owners. News. Bitcoin. com talked to industry experts to find out the implications of these letters, what people can do when receiving them, and how crypto assets are taxed in India. дальше »
2019-8-7 09:35 | |
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US Freezes Venezuelan Government’s Assets and Bitcoin Peer to Peer Transactions Go Up
The tension between the government of the U. S. and Venezuela has recently skyrocketed. In a move against the Venezuelan president Nicolas Maduro, the U. S. administration decided to freeze all possible Venezuelan assets. дальше »
2019-8-6 20:45 | |
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Trump Freezes Venezuelan Assets Triggering Surge in Local Bitcoin Volume
Coinspeaker Trump Freezes Venezuelan Assets Triggering Surge in Local Bitcoin VolumePresident Donald Trump has signed an executive order, immediately prohibiting access by the Venezuelan government to any of its assets within the jurisdiction of the United States. дальше »
2019-8-6 17:22 | |
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India: NASSCOM Condemns Government’s Intentions to Prohibit Bitcoin and Cryptocurrencies
The National Association of Software and Services Companies (NASSCOM), a non-profit trade association made up of firms in India’s information technology and business process outsourcing industry, has kicked against the government’s move to make bitcoin trading as well as transactions involving other blockchain-based digital assets illegal, reports LiveMint on July 30, 2019. дальше »
2019-7-31 11:00 | |
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Government Restrictions on Cash Transactions Show Why Bitcoin is Important
The government of Australia wants to ban cash payments for goods and services exceeding 10,000 AUD ($6,900). Interestingly, it excludes digital currency, such as Bitcoin, from the restrictions, arguing that if the regulations cover crypto assets, they would also limit innovation. дальше »
2019-7-30 02:00 | |
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India’s Proposed Crypto Ban Could Maroon Investors from Cashing $100 Million+
Besides preventing citizens and residents of India from participating in the crypto markets going forward, the proposed crypto ban by the Indian government could also negatively impact investors who have already put their money in digital assets. дальше »
2019-7-25 13:08 | |
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U.S Government Seeks to Ban Facebook, Others, from Financial Services including Cryptocurrency
In what can only be interpreted as a crackdown on the growth of digital assets in the United States, the House Financial Services Committee’s Democratic majority is currently circulating a new proposal for discussion. дальше »
2019-7-16 20:08 | |
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UK drafts collaborative plan to crack down on cryptocurrency crime
The UK government is seeking to crack down on the use of crypto assets for money laundering or other illicit activities. To do so, the government has published the Economic Crime Plan, agreed between the Chancellor Philip Hammond, Home Secretary Sajid Javid, and heads of law enforcement, major financial institutions and legal, accountancy and property organisations. дальше »
2019-7-15 14:54 | |
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UK Announces ‘Dirty Money’ Crackdown, Including Tougher Crypto Regime
The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets. дальше »
2019-7-15 12:30 | |
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‘Shoddy implementation,’ government’s wrong intentions behind failure of Venezuela’s Petro, claims report
The effect of the cryptocurrency market on the mainstream financial ecosystem has been a hotly debated topic. While some claim that digital assets will never match up to fiat currencies, the other camp is confident that crypto is ‘the next big thing. дальше »
2019-7-13 17:00 | |
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The U.S. government has too much vested interest in fiat at stake to let Bitcoin win
Bitcoin’s performance since the beginning of 2019 has been nothing short of a spectacle. It has outperformed many traditional assets and is holding strong, despite a negative tweet by the President of the United States of America. дальше »
2019-7-12 23:30 | |
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Iranian Government Plans to Authorise Cryptocurrency Mining
Abdol Nasser Hemmati, the governor of the Central Bank of Iran (CBI), announced yesterday that the government plans to authorise the mining of digital assets in the nation. However, those running computer systems to profit from their support of cryptocurrency networks will be charged for electricity at the country’s export price rather than the cheaper,. дальше »
2019-7-12 00:00 | |
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Crypto Ambitions Rise in Cuba to Curb Economic Crisis
The number of countries facing economic woes is rising dramatically. In order to mitigate the impact of inflation, nations are looking towards cryptocurrency as one possible solution and Cuba is the latest to turn to digital assets. дальше »
2019-7-4 12:00 | |
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Government of India on the wrong side of history, says CoinRecoil CEO in an open letter to PM Modi
Zebpay, Coindelta, CoinRecoil, and Koinex are some of the cryptocurrency exchanges that have been relegated to the ash heaps of the Indian government’s crackdown against the growing domestic digital assets industry. дальше »
2019-7-2 10:30 | |
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Bitcoin, Crypto Assets and Libra Attracting Strict Regulatory Scrutiny
Bankers, government officials, and regulators all over the world are feeling increasingly alarmed by the disruptive capabilities of Bitcoin, cryptocurrencies and blockchain technology. Facebook’s recently launched “cryptocurrency”, Libra, is the latest cause of fury, angst, and fear amongst regulatory bodies. дальше »
2019-6-29 22:33 | |
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IMF Says Central Bank-Backed Crypto ‘Could Become Reality’
In its latest report entitled “Five Facts on Fintech,” the International Monetary Fund (IMF) said that based on its research, countries generally foresee the emergence of crypto assets backed by central banks. дальше »
2019-6-30 21:00 | |
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India: Another exchange bites the dust as Koinex announces shutdown of all operations
India has been surrounded by a smog of uncertainty, with the status of digital assets being hotly debated in the country. While the government and the Supreme Court’s decision in the ‘Crypto vs. дальше »
2019-6-27 09:44 | |
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Zimbabwe Trade Union Demands More Stable Currency, This is Why Crypto is Important
A Zimbabwean government policy to ban the use of the US dollar and other currencies has been met with bitter opposition by the largest trade union in the country. The ongoing spat highlights the need for people to have the kind of free choice of currency that crypto assets can provide. дальше »
2019-6-27 00:00 | |
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Crypto-Linked Businesses in Switzerland Demand Banking Access
While the government of crypto-friendly Switzerland have since put in place amenable regulations to govern the region’s blockchain and digital assets ecosystem, traditional financial institutions in the country remain reluctant to service cryptocurrency-related startups. дальше »
2019-6-27 21:00 | |
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Italy Is Unintentionally Advertising Bitcoin, Here’s How
The political and economic tensions between Italy and Europe are shaking the Eurozone. Italy has threatened to launch a currency parallel to the Euro to restore its debts to individuals and businesses, suggesting a possible “Italexit. дальше »
2019-6-27 20:00 | |
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Hong Kong Protests Could Boost Bitcoin as Wealthy Move Assets Offshore
Bitcoin could be boosted by the current political unrest Hong Kong as the upper and middle classes are reportedly starting to move their assets offshore. Hong Kong Begins Moving Wealth Offshore Fears over the hated extradition bill, whose introduction the Hong Kong government has only suspended but declined to withdraw, are causing the wealthy to start moving their capital from Hong Kong to offshore. дальше »
2019-6-15 22:00 | |
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Bitcoin is the Second Best Performer in 2019 but is the Least Volatile of All Crypto-Assets
The leading cryptocurrency is beating ‘em all! Bitcoin is not only outperforming the traditional assets like gold, oil, and government bonds in 2019 but also remains the king of the cryptocurrency market. дальше »
2019-6-8 20:27 | |
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Monero’s Riccardo Spagni: Bitcoin Network’s Longevity Gives it The Edge Over Other Crypto Assets
This January, Bitcoin marked a decade since its inception. The first block of the world’s biggest cryptocurrency was mined in January 2009. Over the years, Bitcoin has captured the attention of many, including individual traders, institutional investors, regulatory agencies and notable government institutions all over the world. дальше »
2019-6-4 19:46 | |
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Op Ed: Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?
Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet. дальше »
2019-6-1 21:48 | |
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Australian Government Publishes Update on Cryptocurrency and ICO Rules
The Australian Securities and Investments Commission (ASIC) has published an update on how it intends to regulate crypto-related businesses and initial coin offerings (ICOs). дальше »
2019-6-1 19:04 | |
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Dow Crashes Below 25,000 as Bond Yields Trigger Alarm Bells
By CCN: The Dow and broader U. S. stock market plunged anew on Wednesday, as global growth concerns hastened investors’ exit from riskier assets and into safe havens like government debt. Dow Dips Below 25,000; S&P 500, Nasdaq Plunge All of Wall Street’s major indexes traded lower in the afternoon session, extending a brutal pre-market for Dow futures. дальше »
2019-5-30 22:28 | |
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Bitcoin’s [BTC] relationship with the US government is still very ‘unclear,’ claims Ikigai’s Travis Kling
Due to the independence of the virtual asset class, the cryptocurrency industry has often faced criticism in the past, failing to achieve general validation from economic institutions. The scenario has changed over time however, as Bitcoin [BTC] and other crypto assets have started to be accepted across the United States and the world, despite governments […] The post Bitcoin’s [BTC] relationship with the US government is still very ‘unclear,’ claims Ikigai’s Travis Kling appeared first on AMBCrypto. дальше »
2019-5-29 17:30 | |
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Australian Civil Servant Caught Mining Crypto With Government Hardware
The Australian Federal Police (AFP) has charged a government employee alleged to have misused government IT infrastructure for personal cryptomining operations, per a press release. дальше »
2019-5-22 18:47 | |
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Bitcoin [BTC] ownership, trading should be legal in China, says Bank of China Council member
Bitcoin [BTC] received a major boost after Sa Xiao, Council Member at the Bank of China’s Law Research Association, said that it should be legal for people in China to own Bitcoin [BTC], despite the government’s ban on crypto transactions and assets. дальше »
2019-5-22 17:30 | |
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Australian Worker Faces Jail Term for Illegal Bitcoin Mining
Despite the fact that the price of bitcoin and other digital assets are just trying to recover from the winter of 2018, the crypto fever remains as hot as ever. Now, the Australian Federal Police (AFP) have charged a 33-year-old Sydney man for illegally mining cryptos with the federal government agency’s computers, reports local newsRead MoreRead More. дальше »
2019-5-22 11:00 | |
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India: Nasscom pushes Reserve Bank of India to consider crypto, crypto-related assets in its regulatory sandbox framework
In April 2019, the Reserve Bank of India [RBI] had announced that it was working on ‘Draft Enabling Framework for Regulatory Sandbox’. This draft had excluded Cryptocurrency, Initial Coin Offering, credit registry, and other crypto-related assets and there had been rumors of the government of India banning crypto. дальше »
2019-5-17 20:30 | |
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Minnesota Representative to Reintroduce Hard Fork Tax Reform Bill
Minnesota Congressional Representative Tom Emmer has announced plans to reintroduce a bill meant to “provide temporary safe harbor for the tax treatment of hard forks of convertible virtual currency in the absence of administrative guidance. дальше »
2019-5-17 18:34 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Belarus Tokenizes Govt Bonds, Trading Via Bitcoin And Ethereum Now Possible – Huge Step Toward Tokenizing World’s Assets
Belarusian exchange, Currency.com, has announced that it has tokenized government bonds and that users will be able to trade… The post Belarus Tokenizes Govt Bonds, Trading Via Bitcoin And Ethereum Now Possible – Huge Step Toward Tokenizing World’s Assets appeared first on Invest In Blockchain. дальше »
2019-5-9 11:22 | |
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Israeli Police, FBI Apprehend Owners of Darknet Site Deep Bot Web
Two Israeli citizens have been apprehended by law enforcement based on suspicions that they developed and ran a darknet marketplace for dealing illegal goods. The Israeli police announced via Twitter that it has collaborated with the United States Federal Bureau of Investigation (FBI) to arrest two locals who they believe managed the dark web marketplace, which used bitcoin to facilitate trades. дальше »
2019-5-8 18:42 | |
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Israeli Police, FBI Apprehend Owners of Darknet Site Deep Dot Web
Two Israeli citizens have been apprehended by law enforcement based on suspicions that they developed and ran a darknet marketplace for dealing illegal goods. The Israeli police announced via Twitter that it has collaborated with the United States Federal Bureau of Investigation (FBI) to arrest two locals who they believe managed the dark web marketplace, which used bitcoin to facilitate trades. дальше »
2019-5-8 18:42 | |
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Bcnex Launches ICO to Propel Vietnam’s Crypto Industry via Blockchain Innovation
Vietnam-based Bcnex has officially announced the public launch of its Tokensale, which is the first part of the company’s development of a full-service platform that will represent both a digital asset space and regulated futures exchange. дальше »
2019-5-7 21:42 | |
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