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Ukraine’s Cryptocurrency Draft Bill Received 67% Approval In its First Parliamentary Hearing
Ukraine has marked another milestone towards the path of crypto regulation, with the country’s proposed draft bill passing its first parliamentary hearing this week. This was the document’s initial debut in the Verkhovna Rada parliament and was passed by an overwhelming 240 votes out of the possible 340. дальше »
2020-12-4 19:37 | |
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Ukraine’s draft bill on crypto passes the first parliamentary hearing
Ukraine’s efforts toward crypto regulation have seen its draft bill on crypto have a successful first hearing in the Verkhovna Rada, the nation’s parliament. A report unveiled this news on December 2, noting that the country’s lawmakers discussed and greenlighted the idea. дальше »
2020-12-4 13:06 | |
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Ukraine: Draft Bill on Crypto Regulations Scales First Reading
Ukraine’s parliament has completed preliminary work on the deliberations concerning the enactment of crypto regulations in the country. Despite significant cryptocurrency adoption among Ukrainians, the absence of virtual currency laws has somewhat stifled the industry. дальше »
2020-12-3 02:00 | |
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Russia’s Biggest Bank Sberbank Unveils Crypto Plans to Follow Upcoming Regulation
The largest bank in Russia, the state-owned Sberbank, has reportedly unveiled its crypto plans as the country is set to begin regulating the industry in January. Sberbank’s CEO says the bank may issue its own cryptocurrency in collaboration with JPMorgan. дальше »
2020-12-2 03:15 | |
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Venezuela’s Bolivarian Army Embarks on Bitcoin Mining for Income and Sanction Evasion
Venezuela is further expanding its crypto foothold in what seems to be a tact towards salvaging the country’s economy while evading imposed sanctions, especially by the United States. Through one of its engineering brigades, the Venezuelan army recently revealed a Bitcoin mining center dubbed ‘Digital Assets Production Center of the Bolivarian Army of Venezuela. дальше »
2020-12-2 00:26 | |
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South Korea Approves Postponing Crypto Tax Enforcement Until 2022
South Korea’s National Assembly has approved the postponement of the country’s 20% cryptocurrency tax enforcement until early 2022. This conclusion was reached after recent regulatory talks concerning the amendment of several tax laws in the country. дальше »
2020-12-1 13:34 | |
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Most Indians Find Lack of Crypto Awareness, Knowledge Biggest Barriers to Entry, Says Survey
Lack of knowledge and awareness continues to be an entry-barrier for Indians looking to venture into crypto. Indian Crypto Exchange Conducts Survey to Gather Insights One of the leading Indian cryptocurrency exchanges, CoinDCX recently conducted a survey trying to gauge the stance towards cryptocurrencies in the country. дальше »
2020-11-27 16:00 | |
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USDC Facilitates The Distribution of Donations in Venezuela
Opposition leaders in Venezuela have joined forces to skirt Maduro’s controls and allow medical health workers in the country receive donations in crypto tokens, a Fox News report on Dec 25 shows. The USDC Distribution Initiative In a ravaged economy, opposition leaders are now uniting under the “Stablecoin Solution” initiative. дальше »
2020-11-27 02:00 | |
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India: Here's what's stopping investors from jumping into crypto
For many, India is a country with a lot of untapped potential, a country that can truly launch the crypto-space to the stratosphere. However, many hurdles stand in the way of these dreams becoming a rThe post India: Here's what's stopping investors from jumping into crypto appeared first on AMBCrypto. дальше »
2020-11-27 20:30 | |
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Former Microsoft Engineer Says Nigerian Expatriates Are Using Bitcoin to Circumvent Country’s Overvalued Exchange Rate
A former Microsoft software engineer and co-founder of Buycoins Africa Tomiwa Lasebikan says some Nigerians expatriates are now using bitcoin to circumvent the country’s overvalued exchange rate when sending remittances. дальше »
2020-11-26 15:15 | |
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South Korea: Crypto Tax Law Might Be Postponed Until 2022
South Korea’s National Assembly may grant a three-month extension for the enactment of its planned crypto tax policy following consultations with industry stakeholders. Several commentators within the country’s cryptocurrency space still argue that levying taxes on virtual currency trading gains will likely stifle the growth of crypto commerce in the country. дальше »
2020-11-25 16:30 | |
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South Korea May Postpone Cryptocurrency Tax Enforcement Until 2022
South Korea’s parliament is considering delaying the implementation of its cryptocurrency tax laws until the start of 2022. Back in June, the country’s government announced plans to introduce a capital gains tax on cryptocurrency trading beginning in 2021. дальше »
2020-11-25 13:20 | |
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China’s Digital Currency to Roll-Out In A Second City After Successful Trials In Shenzhen
On Monday, local Chinese media The Paper reported that the district of Suzhou in Xiangcheng would launch a lottery to give away the country’s central bank digital currency (CBDC) in a bid to test the real-use cases of the digital currency. дальше »
2020-11-23 20:50 | |
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Suzhou city prepares to roll out digital yuan trial scheme
Chinese city Suzhou has decided to launch what it calls a “red envelope” trial for the country’s impending digital yuan. This will be the second time a Chinese city will be rolling out a test phase for the digital yuan. дальше »
2020-11-24 16:14 | |
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South Africa's FSCA issues draft declaration on crypto-assets
With the idea of crypto-assets gaining steam across the world, the question really is which country will be left behind. South Africa seems to be the latest country to make an effort to regulate cryptThe post South Africa's FSCA issues draft declaration on crypto-assets appeared first on AMBCrypto. дальше »
2020-11-22 09:35 | |
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Analysts: Institutional Investor Interest Fueling BTC Rally, Liquidity Crunch Narrative Debunked
Crypto analysts are pushing back against the narrative that the current BTC rally is being fuelled by a liquidity crunch afflicting bitcoin mining pools in China. The liquidity crunch, which is caused by an ongoing regulatory crackdown in that country, has reportedly left miners unable to sell their BTC holdings. дальше »
2020-11-22 02:00 | |
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South African Regulator Gets Tough in Sweeping Policy Proposal
The South African Financial Sector Conduct Authority (FSCA) has unveiled a draft cryptocurrency regulation policy framework. This proposal aims to bring all crypto trading and investment activities in the country under its close supervision. дальше »
2020-11-22 23:15 | |
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US-Based Firm Launches Company-Sponsored Bitcoin Retirement Plans
Another day of bullish market, another bitcoin (BTC) first in the world. DAiM Unveils BTC-Based Employer-Sponsored 401k Retirement Plans In yet another development showcasing the steady adoption of the premier cryptocurrency, US-based asset management firm DAiM recently announced the launch of the country’s first employer-sponsored retirement plans that support BTC investments. дальше »
2020-11-21 04:00 | |
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Japan: Major Private Banks and Firms Set to Test Digital Yen in 2021
Japan is finally moving ahead with its digital yen experiment. Japan Inc. Marches Ahead with Digital Yen Experiment According to a Reuters report published on November 19, over 30 major Japanese companies are set to kick-off experiments next year toward issuing a common, private digital currency to give way to digitization in the country. дальше »
2020-11-21 11:00 | |
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Thailand’s New Rules Help Securities Companies Launch Crypto Exchanges
Thailand has reportedly revised its net capital rules which help securities firms launch cryptocurrency exchanges. The country now has 15 licensed crypto service providers. New Thai Rules and Crypto Exchanges The Thai Securities and Exchange Commission (SEC) has revised its net capital (NC) rules which help securities companies provide crypto services, the Bangkok Post reported […] The post Thailand’s New Rules Help Securities Companies Launch Crypto Exchanges appeared first on Bitcoin News. дальше »
2020-11-20 04:15 | |
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How UPenn Uses Blockchain To Incentivize Sustainable Energy Use
Like many colleges across the country, The University of Pennsylvania (UPenn) currently has few students on campus due to the impact of COVID-19. Assistant Professor of Architecture, Dorit Aviv is taking advantage of all those empty dorm rooms to establish an innovative sustainability project based on Internet of Things (IoT) and blockchain technology. дальше »
2020-11-21 22:23 | |
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Digital Currencies Could Mitigate, If Not Eliminate, Negative Interest Rates: BoE Chief Economist
The chief economist for the Bank of England, Andy Haldane, says digital currencies could reduce the country's prevalence of negative interest rates. In a statement, Haldane further spoke on the pros and possible risks that widely-accepted digital currencies have on the financial system. дальше »
2020-11-19 17:34 | |
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OCC’s Brian Brooks Says China Owns Bitcoin but Crypto World Disagrees: Chinese Crackdown Pushes Miners Away
Bitcoiners on social media have panned remarks by acting U. S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power. дальше »
2020-11-19 15:03 | |
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South Korean Government Bans Privacy Coins as Part of Anti-Money-Laundering Drive
Privacy digital currencies catch the South Korean government’s ire. South Korea to Ban Privacy-Centric Crypto Coins According to a report by Asia Times, the South Korean government has decided to go ahead with the plan to ban all privacy-focused digital currencies as part of its drive to prohibit money-laundering in the country. дальше »
2020-11-19 02:00 | |
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Founder of Mexico’s Second Largest Broadcasting Company Invests 10% of Assets in Bitcoin
Mexico’s second-richest person, Ricardo Salinas Pliego, revealed on Wednesday that he has 10% of his liquid assets in Bitcoin. Salinas Pliego is the chairman and founder of Grupo Salinas, the conglomerate that owns the second largest broadcasting company in the country, TV Azteca. дальше »
2020-11-19 20:21 | |
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TomoChain Enters National Partnership with Vietnamese Ministry of Education and Training
Singapore, November 18, 2020 — Smart contract platform TomoChain has landed an exclusive agreement to provide blockchain services for Vietnam’s Ministry of Education and Training, aka MOET. The National Qualifications Archive program will ensure that all certifications achieved by the country’s students in High School and Higher Education are uploaded to the TomoChain blockchain, enablingRead MoreRead More. дальше »
2020-11-19 16:01 | |
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Anchorage Crypto Custodian Seeks National Bank Charter from the OCC
Anchorage has applied for a national bank charter from the United States Office of the Comptroller of the Currency (OCC). If all goes as planned, the license will make it possible for Anchorage to function as a qualified bank and operate in all jurisdictions in the country, according to reports on November 17, 2020. дальше »
2020-11-19 16:00 | |
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Dutch Central Bank Mandates ‘Proof of Wallet’ for All Crypto Exchange Customers
The Dutch Central Bank (DNB) is demanding additional verification protocols for crypto exchange users including proof of wallets. Stringent crypto regulatory measures in the country have seen some platforms exit the country. дальше »
2020-11-18 14:00 | |
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Bitcoin Ascends in New Crypto Ranking by State-Backed Chinese Institute
China’s Center for Information and Industry Development (CCID), under the country’s Ministry of Industry and Information Technology, has released its 20th ranking of crypto projects. A total of 37 crypto projects are ranked this time around overall as well as in three separate categories: basic technology, applicability, and creativity. дальше »
2020-11-18 15:30 | |
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Belarus’ Largest Commercial Bank Launches Crypto Trading Desk
Belarusbank, the largest commercial bank in Belarus has launched the country’s first legal crypto trading platform. The move is the latest crypto adoption news to come out of a country currently experiencing anti-government protests against President Alexander Lukashenko. дальше »
2020-11-16 18:45 | |
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China’s Crypto Miners Struggle to Pay Power Bills as Regulators Clamp Down on OTC Desks
Miners in China have reportedly been struggling to pay for electricity after authorities started cracking down on OTC brokers in the country. дальше »
2020-11-16 17:32 | |
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Kyrgyzstan's central bank moves to regulate cryptocurrencies with new draft law
Seems like the entire world is taking notice of Bitcoin and the wider cryptocurrency market. The Central Asian country of Kyrgyzstan is the latest to do so after the National Bank of the Kyrgyz RepublThe post Kyrgyzstan's central bank moves to regulate cryptocurrencies with new draft law appeared first on AMBCrypto. дальше »
2020-11-16 14:45 | |
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National Digital Currencies: Who’s Next and Is There Any Cause to Celebrate?
Hardly a week goes by without news of some country preparing to launch a digital currency. It’s not necessarily good news for the crypto industry and in most cases, these currencies have nothing to do with crypto. дальше »
2020-11-15 13:50 | |
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Ukraine is prepared to lead Eastern Europe’s crypto space
The Ukrainian government is making serious steps toward crypto to make the country a leader in Eastern Europe.
дальше »2020-11-16 12:30 | |
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Pakistan’s SEC Discusses Cryptocurrency Regulation, Central Bank Confirms No Crypto Ban
The Securities and Exchange Commission of Pakistan has published a paper discussing cryptocurrency regulation in the country. Meanwhile, the central bank has reportedly confirmed that there is no cryptocurrency ban. дальше »
2020-11-16 10:30 | |
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Can Blockchain-Based Voting Guarantee Fair and Equal Election?
Democratic election is a serious and critical event for a country. Through voting, citizens have the power to influence the quality of life they want for themselves and future generations, with the election becoming a turning point on the way towards protection and enjoyment of human rights, and the improvement of the well-being of the […] The post Can Blockchain-Based Voting Guarantee Fair and Equal Election? appeared first on BeInCrypto. дальше »
2020-11-15 23:43 | |
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State-owned Belarusbank rolls out crypto exchange service
State-owned BelarusBank, the largest bank in Belarus, recently announced its plans to roll out a crypto exchange service. The service, once launched, will enable customers in the country and neighboring Russia to purchase and sell cryptocurrencies via Visa payment cards. дальше »
2020-11-14 12:22 | |
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Despite Blanket Ban in 2018, Pakistan Regulators Look to Build Friendly Framework for Digital Assets
Pakistan seems to realize the potential of digital assets in the financial future as the country seems geared up for formulating a new framework to regulate cryptocurrencies such as bitcoin. This is highly bullish since Pakistan was among the very few countries that in mid-2018 blanket banned digital assets in any form. дальше »
2020-11-14 21:42 | |
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Russia proposes amendments to its tax law to clarify crypto regulation
The Russian Ministry of Finance intends to make amendments to its tax law in a bid to clarify regulations surrounding crypto taxation. The ministry unveiled this news on November 11 through an article, noting that the proposed changes are necessary for the implementation of the rules embedded in the law on digital financial assets and digital currencies, which the country adopted in the summer of 2020. дальше »
2020-11-14 16:47 | |
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Russia Proposes New Rules and Penalties for Cryptocurrency Owners
The Russian Ministry of Finance has developed new amendments to the country’s cryptocurrency regulation. The proposal outlines a new set of rules for crypto owners, exchanges, and miners, as well as penalties for undeclared crypto transactions. дальше »
2020-11-14 09:05 | |
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One of China’s biggest banks is allowing investors to buy bonds with Bitcoin
China Construction Bank (CCB), one of the country’s “big four” financial players, is planning to raise up to $3 billion from a sale of bonds that individuals and institutions can trade in and out of using Bitcoin and the US dollar, financial publication WSJ reported Wednesday. дальше »
2020-11-12 14:06 | |
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Crypto Gaming Pioneer Cloudbet Officially Launches in Argentina
Cloudbet, the pioneering crypto casino and sportsbook, has officially launched an Argentina-focused service in response to the country’s surging interest in bitcoin and crypto gaming. The platform... дальше »
2020-11-12 06:42 | |
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Bitcoin Finds A New Convert In Former Australian Senator Who Thinks “Bitcoin Is The Millennial Version Of Gold”
A former member of the Australian Senate is joining the Bitcoin bandwagon and with a bang. Former senator Cory Bernardi has been a rather controversial figure during his days as a senator. He’s known for his views against any attempt to introduce anything that could turn his country into a Marxist society. In January, he […] дальше »
2020-11-12 01:50 | |
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Lebanon to Launch a CBDC in 2021 to Boost Confidence In the Country’s Banking Sector
According to the country's central bank governor, Riad Salameh, Lebanon is set to debut its own Central Bank Digital Currency (CBDC) in 2021. Bloomberg, which reported on this development, cited a Lebanese state-run News Agency, noting that the Mediterranean island plans to make the paradigm shift due to transitioning to cashless networks and restoring confidence […] The post Lebanon to Launch a CBDC in 2021 to Boost Confidence In the Country’s Banking Sector first appeared on BitcoinExchangeGuide. дальше »
2020-11-12 22:35 | |
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