2020-12-5 13:54 |
The draft resolution reportedly notes that digital currencies are likely to replace paper currencies in the future.
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The South Korean lawmakers are reportedly making plans to push a three-month delay on the imposition of a tax law amendment bill that the government had proposed on virtual currencies. The bill aims to impose income tax on investments in cryptocurrencies like Bitcoin, ETH, and the likes and have been enforced to commence from October […]
2020-11-26 00:23 | |
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China’s central bank digital currency (CBDC) testing train is scheduled to make its next stop in the city of Suzhou as authorities accelerate plans to issue the digital yuan. While several countries are actively involved in developing their sovereign digital currencies, China is reportedly leading the global CBDC revolution.
2020-11-24 00:03 | |
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China’s ongoing central bank digital currency (CBDC) trials have crossed the 1 billion yuan (~$160 million) milestone. With China pulling ahead in the CBDC race, other nations are reportedly considering floating their own sovereign digital currencies.
2020-10-7 22:30 | |
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JPMorgan’s strategists have reportedly found bitcoin’s market structure to be more resilient than those of currencies, equities, Treasuries, and gold. In a new report on bitcoin’s stress test, JPMorgan wrote that cryptocurrencies have “longevity as an asset class.
2020-6-15 23:05 | |
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Six major central banks will reportedly discuss digital currencies in April during an International Monetary Fund conference
2020-2-6 12:22 | |
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Wall Street titan Fidelity Investments is poised to reward its employees in cryptocurrencies, per a report by Finance Magnets, November 27, 2019. Making Crypto an Everyday Phenomenon One of the largest financial institutions in the world by reported assets under management (AuM) – Fidelity Investments – is reportedly rewarding its employees in digital currencies.
2019-11-29 02:00 | |
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Twitter handle @cnLedger on November 25, 2019, quoted the People’s Bank of China’s (PBoC) newly released China Financial Stability Report 2019, where the apex bank stated that the Chinese regulators had clamped down on 173 cryptocurrency trading and token issuing platforms in the country.
2019-11-25 18:05 | |
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The perceived inevitability of central bank-issued digital currencies on a global scale has been a hot topic of discussion for a while now. With China reportedly going ever so close to releasing the world’s first nationalized digital currency, central banks in most major economies are under immense pressure to follow suit — or at least […] The post Central Bank Cryptocurrencies Are Pointless, Says Ex-Federal Reserve Chairman appeared first on BeInCrypto.
2019-11-14 11:44 | |
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Giant mutual fund company Vanguard Group is reportedly testing a blockchain-powered foreign exchange (FX) trading platform to allow asset managers to easily trade currencies. According to a report by Bloomberg, Vanguard Group has teamed up with Symbiont which offers blockchain technology to develop the FX trading platform. The new platform will allow asset managers to […]
2019-10-3 23:27 | |
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Facebook has reportedly revealed the percentage breakdown of the basket of global currencies that will underpin its Libra cryptocurrency.
2019-9-23 07:15 | |
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Facebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin.
2019-9-11 12:00 | |
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Facebook has reportedly provided the U.S. Senate with details regarding the backing reserves for its Libra stablecoin
2019-9-11 01:50 | |
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According to the United States Senate Committee on Banking, Housing, and Urban Affairs, July 24, 2019, the Senate will conduct a full committee hearing which will solely focus on “Examining Regulatory Frameworks for Digital Currencies and Blockchain.
2019-7-25 13:00 | |
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Singapore’s government appears set to offer tax exemptions for bitcoin and other cryptocurrencies based on a draft document published by the country’s tax body. The proposed perpetual tax holiday will reportedly apply to virtual currencies deemed to be digital payment tokens and will come into effect in 2020 if approved.
2019-7-9 17:59 | |
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By CCN: Russia is reportedly considering the implementation of a gold-backed cryptocurrency, according to Russian news outlet Tass. Immutability and censorship-resistance are useful for governments in certain instances, such as conducting international trade in the face of sanctions.
2019-5-24 22:55 | |
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The latest edition of “Targeting scams,” an annual report released by the Australian Competition and Consumer Commission (ACCC) revealed that the country saw a 190 percent increase in cryptocurrency scams, with a total of $6.
2019-4-30 20:07 | |
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Online trading firm from New York, E*Trade is reportedly preparing to offer cryptocurrency trading on its platform. They are going to start crypto trading initially with Bitcoin and Ethereum but will consider adding other currencies in the future.
2019-4-27 17:58 | |
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Following news that broker TD Ameritrade is testing BTC spot-trading, trading platform giant E-Trade is reportedly getting in on the action. According to sources, E-Trade is preparing to support Bitcoin and ETH trading to its 5 million customers.
2019-4-27 12:00 | |
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India’s government is once again looking to ban cryptocurrencies and regulate official digital currencies. According to a report by India’s Economic Times, the government has kickstarted inter-ministerial consultations on a draft bill, which has reportedly been shared with relevant government departments.
2019-4-26 12:49 | |
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By CCN. com: The Indian government is working on a draft bill that would impose an outright ban on cryptocurrencies such as bitcoin, as reported by The Economic Times, in what would be the final blow to the future of crypto in the country.
2019-4-26 12:46 | |
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Indian government departments have reportedly started consultations on a complete ban of cryptocurrencies
2019-4-26 02:10 | |
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SBI Virtual Currencies has reportedly delisted Bitcoin Cash (BCH) pairs from its trading platform. The Japan-based cryptocurrency exchange today issued a notice in which it clarified the basis of removing BCH-enabled instruments.
2019-4-17 18:48 | |
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The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF).
2019-4-2 01:33 | |
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Alleged North Korea-sponsored hacker group Lazarus is reportedly still targeting digital currencies, and adopting new techniques to control users’ computer systems
2019-3-27 03:01 | |
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Japanese regulators have reportedly approved draft amendments to the country's financial instruments and payment services laws, introducing stricter regulations for margin trading of digital assets.
2019-3-21 21:27 | |
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Six global banks have reportedly signed letters of intent to issue stablecoins backed by their national fiat currencies on IBM’s now-live Stellar-powered payments network
2019-3-18 19:49 | |
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The Canada Revenue Agency (CRA) has apparently been specifically targeting bitcoin and crypto investors as part of its broader tax strategy to keep tabs on their cryptocurrency investments, including how they purchase these assets.
2019-3-9 23:53 | |
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German derivatives exchange Eurex is reportedly planning to introduce futures for digital currencies; the exchange is operated by Deutsche Boerse
2019-2-22 02:15 | |
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Liberstad, a libertarian city in southern Norway, has reportedly dumped fiat currencies and cash. In their place, it has instituted its own cryptocurrency — City Coin. The not-so-cleverly-named cryptocurrency will replace all other forms of legal tender.
2019-2-19 04:00 | |
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The effect Bitcoin (BTC) and other cryptocurrencies may have on the Indian rupee is reportedly a top concern for Indian lawmakers — specifically, if said digital currencies are to be legalized as a form of payment in the country.
2019-2-6 12:00 | |
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CoinSpeaker Japan’s Financial Watchdog Hints at Its Readiness to Approve Crypto ETFs After barring crypto derivatives, Japan is currently gauging industry interest in ETFs tracking digital currencies.
2019-1-8 11:43 | |
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As many as seven countries in the European Union are banding together to help promote blockchain technology throughout the continent, Financial Times reported December 4, 2018. The list of countries mostly comprises of southern members, including France, Italy, and Spain.
2018-12-8 16:00 | |
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For the first time, the U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has traced illicit bitcoin activity to the public addresses of two sanctioned individuals.
2018-11-29 21:41 | |
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The price of bitcoin remained firm this week, gaining about half a percent, versus last week’s close amidst low volatility despite news out of China that suggests that the People’ Republic’s central bank’s stance towards digital currencies will not turn positive again anytime soon.
2018-11-13 21:00 | |
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The Venezuelan government has opened up an exchange desk for the country’s national cryptocurrency at the headquarters of the Superintendency of Cryptoassets. According to the government, investors can now purchase the petro with a number of fiat currencies and cryptocurrencies.
2018-10-31 14:50 | |
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Utility billing and payment services provider Novatti is launching a new Australian dollar (AUD)-backed stablecoin known as the Novatti AUD Utility Token on the Stellar Network.
2018-10-25 20:58 | |
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Southeast Asia will purportedly see its first fiat-to-cryptocurrency exchange launching in Singapore. The venue is intended to make digital currencies more accessible to both consumers and businesses.
2018-10-9 10:00 | |
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On October 5, 2018, an article published by Bloomberg stated that Yale University’s Investment Office, under the stewardship of famed manager David Swensen, has put an allocation toward Paradigm, a new cryptocurrency fund that has raised $400 million dollars.
2018-10-6 01:52 | |
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Barclays’s Chief Crypto Brain ‘Chris Tyrer’ Leaves Firm According to a trusted media outlet, Chris Tyrer, the man responsible for helping Barclays gain a foothold in the world of digital currencies, left the leading British financial institution earlier this week.
2018-9-29 21:32 | |
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Superrich International Exchange, a popular foreign currency exchange chain in Thailand, has reportedly revealed a plan to begin offering travelers cryptocurrency exchange service in addition to 32 fiat currencies.
2018-9-27 09:25 | |
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Industry buzz surrounded Ethereum this week as community members await the next stage of the coin’s development. The protocol also served as the jumping-off point for a new fully regulated stablecoin.
2018-9-16 18:41 | |
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The UAE continues its involvement in the field of digital currencies as a local company is set to launch the very first cryptocurrency exchange compliant with Shariah legislation. Moving Forward ADAB Solutions, a UAE-based company, is reportedly going to launch the very first cryptocurrency exchange compliant with Shariah law.
2018-8-22 10:00 | |
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Cryptocurrency exchange BitBay has partnered with a Berlin-based blockchain-powered equity fundraising platform Neufund, according to an August 2 press release. The partnership will reportedly enable investors to buy and sell equity tokens with fiat currencies.
2018-8-3 07:30 | |
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Wan Kuok-koi, known as a former Macau gangster, is making inroads into the world of digital currencies via a mysterious company based in Beijing. Kuok-koi will be launching chess and poker tournaments on the mainland, for which he even floated an initial coin offering (ICO).
2018-7-18 16:09 | |
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India is reportedly not going to issue a blanket ban on cryptocurrencies, but may label them as commodities, according to a source familiar with the situation. In a report from Quartz, a senior government official, who requested anonymity, stated that they don’t think the panel set up to look into digital currencies ‘is really thinking […] The post India May Treat Cryptocurrencies as Commodities Rather Than Ban Them appeared first on Coinjournal.
2018-7-13 16:53 | |
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This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
2018-6-24 20:05 | |
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Regulation The association comprising of 16 government-approved cryptocurrency exchanges in Japan has reportedly provided a sneak peak of its self-regulatory rules. The focuses are on banning insider trading and preventing exchanges from listing privacy coins.
2018-6-19 12:49 | |
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Regulation The association comprising of 16 government-approved cryptocurrency exchanges in Japan has reportedly provided a sneak peak of its self-regulatory rules. The focuses are on banning insider trading and preventing exchanges from listing privacy coins.
2018-6-19 11:07 | |
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Nvidia's Q3 revenue surged 95% to $35.1B, driven by Data Center growth. Net income rose 109% to $19.3 billion. The post Nvidia Q3 Revenue Soars 95% to $35.1 Billion, Exceeding Expectations appeared first on BeInCrypto.
Galaxy Digital is launching a $300 million private offering of exchangeable senior notes due 2029 to fund the expansion of its West Texas Helios data center and support corporate initiatives. Mike Novogratz’s Galaxy Digital Holdings announced on Nov. 20 that…
Crypto firm Canaan teamed up with a West Texas Bitcoin mining firm to boost its operations in Texas, expanding its North American footprint. Bitcoin (BTC) mining Canaan has entered into a joint mining agreement with Luna Squares Texas, a Texas…
Crypto mining company Marathon has upsized its convertible note offering by $150 million to buy even more Bitcoin. Bitcoin (BTC) mining company Marathon Digital Holdings has upsized its convertible debt offering to $850 million from $700 million to buy more…
Bit Digital posted nearly $23 million in Q3 revenue, a 96% increase year-over-year, driven by strong growth in its high-performance computing business. Bitcoin (BTC) mining firm Bit Digital said in a Q3 earnings report that its revenue for the quarter…
Marathon Digital announces a $700 million private convertible note offering to fund debt repayment, Bitcoin purchases, and corporate needs. Bitcoin (BTC) mining company Marathon Digital said it plans to sell $700 million of convertible notes in a private placement to…
Users can now participate in BTC mining on Binance Pool and earn rewards in the form of Fractal Bitcoin. Though, the exchange has no plans to list the FB token any time soon. In a recent announcement, Binance introduced a…