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India’s Proposed Blanket Bitcoin Ban Will Set The Economy Back As Blockchain Devs And Traders Leave
Being too tough on innovation can be a cause for brain drain. At least that is what some crypto specialists in India believe right now. As the government continues its plans to ban cryptocurrencies locally, India is starting to see its first big signs of brain drain happening in the country. A complete blanket ban […] дальше »
2019-9-17 23:11 | |
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277 Chinese nationals arrested in Philippines for cryptocurrency scam
Recently, Philippines’ central bank approved two companies to run cryptocurrency exchanges and the country’s boxing champion, Manny Pacquiao released his own tokens. The country is most evidently steering toward increased crypto adoption. дальше »
2019-9-17 22:05 | |
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PS4 Hits 30 Million US Units Sold, Makes Sony Next Gen’s Console-to-Beat
Sony’s PlayStation 4 console has all but won this generation of console wars, selling 30 million units in the United States alone. The Japanese multinational conglomerate corporation has also moved 8. дальше »
2019-9-16 22:00 | |
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Ethereum’s Vitalik Buterin says Libra is a wakeup call for governments
Facebook’s nascent crypto project libra has run into serious problems, with fresh objections being raised from regulatory bodies across the globe, right from its announcement in June. Recently, France’s finance minister Bruno Le Maire announced that they won’t allow any development of Libra in their country as it threatens government’s monetary sovereignty. дальше »
2019-9-15 15:30 | |
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Record Bitcoin Trade in Venezuela as Top Bank Launches Petro Services
The largest bank in Venezuela, the state-owned Bank of Venezuela, appears to have launched services to facilitate transactions in the country’s state-issued oil-backed virtual currency, the Petro. дальше »
2019-9-15 00:12 | |
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US Treasury Claims North Korean Weapons Program Is Funded By Crypto’s From Hacking Group Lazarus
The U. S. Treasury Department said Friday that North Korean state-sponsored hacking groups attacked critical infrastructure, drawing illicit funds that ultimately funded the country’s weapons and missile programs. дальше »
2019-9-14 18:04 | |
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Cubans Are Avoiding US Trade Embargo With Crypto; Global Marketplace Access And Remittances
BTC trading has helped open new trading avenues for Cuba citizens. The communist country has been isolated financially for many years under a siege that was started by the embargo placed on it by the United States. дальше »
2019-9-14 17:16 | |
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German Gov’t Approves ‘Bundes-Chain’ to Combat Libra Cryptocurrency
The German government will approve its proposed blockchain strategy this September which reportedly blocks projects like Facebook’s Libra cryptocurrency. Germany Readies Anti-Libra Response According to Spiegel, Germany’s federal cabinet will approve its blockchain strategy announced back in June 2019. дальше »
2019-9-14 16:12 | |
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Japanese messaging company LINE registers new cryptocurrency exchange
The company behind Japan’s most popular messaging app has been approved for a new cryptocurrency business license in the country. дальше »
2019-9-14 15:05 | |
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$2 Bln (200,000 BTC) Lost In Mt. Gox Bitcoin Hack Can Be Recovered For A 75% Fee Claims Russian Law Firm
Prominent law firm from Russia Zheleznikov and Partners claims that a proposed legal action in the country can recover the funds lost in the Mt. Gox hack. They claim that they can recover an estimated 170,000 to 200,000 Bitcoins from the Russian parties who received the stolen tokens. The value of these tokens will touch […] дальше »
2019-9-13 19:56 | |
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ICYMI: Circle CEO Weighs in on China’s Digital Currency Initiative, Facebook’s Libra, and Lunch with Warren Buffett
In a series of interviews over the last week, Circle CEO Jeremy Allaire has weighed in on how China is far ahead of any other country in creating a Central Bank Digital Currency and why that will help lead to the internationalization of the yuan. He has also broken down дальше »
2019-9-14 18:34 | |
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Cambodia Unsure About Online Gaming Ban (China Be Damned)
Cambodia is reportedly unsure about potentially issuing an absolute ban on its booming online gaming industry — though the country's investors and its powerful ally, China, would surely not be pleased with such a decision. дальше »
2019-9-14 17:32 | |
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Exclusive: Australia’s Securities Cop Braces for ‘Significant Increase’ in Crypto Trading
The Australian Securities and Investments Commission (ASIC), the country’s financial regulator and watchdog, is gearing up for the rapid growth of crypto-asset markets. Speaking to CCN, an ASIC spokesperson indicated that the regulator has identified “significant increases” in cryptocurrency trade volume recently, prompting the regulator to prepare for further expansion in the markets. дальше »
2019-9-13 11:53 | |
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Exclusive: Australia's Securities Cop Braces for 'Significant Increase' in Crypto Trading
The Australian Securities and Investments Commission (ASIC), the country's financial regulator and watchdog, is gearing up for the rapid growth of crypto-asset markets. Speaking to CCN, an ASIC spokesperson indicated that the regulator has identified “significant increases” in cryptocurrency trade volume recently, prompting the regulator to prepare for further expansion in the markets. дальше »
2019-9-14 11:53 | |
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If e-Cigarettes Can Be Banned In The US, Crypto Traders Wonder If Bitcoin May Be Next
Could Bitcoin be banned from the United States? After U. S. President Donald Trump has banned flavored e-cigarettes from the country overnight, many people in the crypto world are wondering whether Bitcoin will be the next target. дальше »
2019-9-13 23:28 | |
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Tesla Banned from ‘Safest Cars’ List for the Stupidest Reason
If Tesla wants to be considered one of the safest car-makers on the road, they need to crash more. Folksam, a Swedish insurance company, released their annual study on the safest cars in their country, and the electric car company was notably omitted. дальше »
2019-9-13 21:51 | |
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Tesla Banned from 'Safest Cars' List for the Stupidest Reason
If Tesla wants to be considered one of the safest car-makers on the road, they need to crash more. Folksam, a Swedish insurance company, released their annual study on the safest cars in their country, and the electric car company was notably omitted. дальше »
2019-9-13 21:51 | |
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Libra Didn’t Have A Chance In France
France may be a growing hub for blockchain tech, but its hospitality does not extend to Facebook. The country delivered a shock to the crypto industry when Bruno Le Maire, Minister of Economy and Finance, announced that France would block any attempts for Libra to develop in Europe. дальше »
2019-9-13 21:28 | |
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Iranian Cryptocurrency Miners Offered Tax Exemption Conditions
The Iranian National Tax Administration (INTA) has announced that cryptocurrency miners in the country will be given a tax exemption if they bring their foreign earnings back into the country, as reported by Financial Tribune, September 12, 2019. дальше »
2019-9-12 15:00 | |
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France Refuses to Authorize Facebook Crypto Libra in Europe
France's Bruno Le Maire has reportedly warned that the country will block the development of Facebook's in-house cryptocurrency, Libra, in Europe — citing threats to the "monetary sovereignty" of the continent's governments. дальше »
2019-9-13 14:02 | |
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Will Binance US Opening Cause BNB Prices to Plummet?
The world’s largest crypto exchange will be opening its US platform across most of the country next week. It has announced the listing of six crypto assets for trading but conspicuously missing from that list is its own Binance Coin. дальше »
2019-9-12 09:00 | |
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Three Things To Know About China’s Digital Yuan (Not a Cryptocurrency)
China’s central bank is reportedly making strides towards launching a digital currency (not a cryptocurrency) tied to the yuan. Here are three things to know about the proposed central bank digital currency (CBDC). дальше »
2019-9-12 22:30 | |
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China Is The Closest To Issuing a Central Bank Digital Currency Than Any Other Country
In an interview with Phoenix Chinese news Circle CEO Jeremy Allaire has said that China is the closest to getting a Central Bank Digital Currency (CBDC). China's Phoenix TV interviewed Circle CEO @jerallaire on CBDCs, the internationalization of the Yuan, the rise of USD Coin and the rapidly growing global stablecoin phenomenon. Full interview: https://t.co/Ru29jhLUTj […] дальше »
2019-9-12 19:35 | |
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Connecting Cash to the Internet Using Stablecoins
Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9. дальше »
2019-9-11 15:45 | |
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Circle CEO: No One in the World Is Any Closer to CBDCs than China
No country in the world is closer to central bank digital currencies than China, Circle CEO Jeremy Allaire says
дальше »2019-9-11 04:55 | |
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Netherlands May Block Foreign Crypto Firms Under Anti-Money Laundering Laws
The current crypto legislation before the Dutch Parliament not only mandates domestic companies register with the central bank but that foreign entities will not be allowed to conduct services within the country. дальше »
2019-9-11 02:00 | |
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Brave (BAT) Tops Japanese Browser Market
Brave has become the most downloaded browser on the Japanese Google store, making it the supreme choice of browser for Android users in the country. A Reddit user brought this to the community’s attention amidst a surge in global Brave users, September 10, 2019. дальше »
2019-9-11 13:00 | |
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Cryptocurrencies get their first television moment on India’s version of ‘Who Wants to Be A Millionare’
As Indian regulatory bodies continued to tussle with the country’s nascent cryptocurrency industry, Indian crypto-enthusiasts were overjoyed after the latest episode of “Kaun Banega Crorepati,” the country’s version of “Who wants to be a millionaire. дальше »
2019-9-10 10:16 | |
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Bitcoin is the solution to fiat debt, claims Bitcoin Standard author Saifedean
In a recent podcast by Preston Pysh, author and economics professor Saifedean Ammous explained how Bitcoin is the solution to get out of debt. He said that inflation is a money supply phenomenon and not collapse in demand. дальше »
2019-9-10 05:03 | |
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Prior US Congressman: Crypto Needs A Nuanced Legislation, Avoid Half-Measures
Harold J. Ford, a former U. S. Congressman, has recently talked about the regulation of crypto assets in the country. According to him, there is a need for a more nuanced approach in order to properly regulated these assets. дальше »
2019-9-10 01:50 | |
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Bitcoin a Viable Option in Turkey as Lira Decline Continues
Bitcoin is gaining massive popularity in Turkey, amid the continuous decline of the Turkish lira. According to a tweet on September 8, 2019, bitcoin is as popular as forex in the country. Forex Shortage Pushing Turkish Citizens to Bitcoin Didi Taihuttu, a bitcoin advisor who became known after selling all his properties to venture fullyRead MoreRead More. дальше »
2019-9-10 01:00 | |
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Tether’s new yuan-based stablecoin is the newest addition in circumventing regulations
Tether announced a new offshore Chinese-yuan backed stablecoin, CNHT. The cryptocurrency is the newest addition to the firm’s suite of regulation-skirting coins. Primer on China’s currency controls As part of China’s monetary strategy to peg the yuan against the dollar, it is mandatory that the People’s Republic control capital flows into the country. дальше »
2019-9-10 22:15 | |
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Ripple and XRP’s popularity gains momentum in land of the rising sun
Ripple has continued to make waves in Japan and its strategic collaboration with Japanese financial giant, SBI Holding has been an important catalyst for the growing popularity of the firm in the country. дальше »
2019-9-9 21:39 | |
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Bitcoin Just as Popular as Forex in Turkey
Bitcoin is as popular as forex in Turkey — a country whose currency continues to tank, as the top-ranked cryptocurrency is seeing growing adoption across the land. Bitcoin a Viable Option in Turkey Tweeting on Sunday (September 8, 2019), Didi Taihuttu of “The Bitcoin Family” — who famously sold all his belongings to go all-in on bitcoin revealed the growing popularity of the cryptocurrency in Turkey. дальше »
2019-9-10 21:00 | |
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Dow Futures Gains Higher as Trump Tariffs Finally Choke China
Dow Jones Industrial Average (DJIA) futures ticked higher on Monday, pointing to a positive start on Wall Street. It comes after Chinese exports fell harder than expected in August in a sign that Trump’s tariffs are finally beginning to choke the country’s output. дальше »
2019-9-10 13:33 | |
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What happened to India’s Chandrayaan-2 moon mission?
On Saturday, at 1. 35AM IST (Friday 4. 05 EST/ 9. 05 CET), India’s Chandrayaan-2 began its descent towards the moon’s surface. There was palpable excitement among the scientists at Indian Space Research Organisation (ISRO), the country’s government-run space agency – and among millions following live streams on their TVs and devices at home. дальше »
2019-9-9 08:14 | |
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Japan Second-Quarter GDP Revision Sparks Recession Fears
Japan's economic expansion cooled more than initially forecast in the second quarter, revised data showed, complicating the government's planned consumption tax hike later this year. Ironically, the long-delayed sales tax increase is expected to shrink Japan's GDP output later this year, plunging the country closer to recession. дальше »
2019-9-9 02:51 | |
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95% Of Brazilians Can Now Pay For Mobile Services In Electroneum
You can now top up your mobile phone with Electroneum (ETN) – if you happen to live in Brazil. A new integration with the country’s four largest mobile phone operators will extend cryptocurrency purchases to 220 million people – representing 95% of the country’s mobile phone market. дальше »
2019-9-8 22:19 | |
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China Confirms its CBDC is Similar to Facebooks Libra
China’s upcoming digital currency is reportedly going to be very similar to Libra in terms of network design, but it will take a more holistic approach to find harmony between money-laundering prevention and anonymous payments. дальше »
2019-9-7 09:00 | |
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Malta’s Financial Regulator Promises To Actively Monitor Crypto Firms To Stop Money Laundering
Change is coming to the Crypto Island. The Malta Financial Services Authority (MFSA) has recently promised to “actively monitor” all crypto-related companies in the country to stop them from engaging in money laundering. дальше »
2019-9-7 03:16 | |
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RippleNet Adds Another Bank Partnership In Pakistan’s Faysal Bank Limited (FBL)
Ripple is focused on spreading its business through the whole world and the latest company to join its efforts is the Faysal Bank, the first company in Pakistan to be able to join forces with Ripple. дальше »
2019-9-7 02:36 | |
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Malta’s Financial Services Authority highlights watchdog’s plan to actively monitor crypto-related businesses
The Malta Financial Services Authority [MFSA] is all set to monitor and manage business-related risks concerning all licensed virtual assets and cryptocurrency businesses, with the primary focus on fighting activities like financial crimes, money laundering, and terrorism financing. дальше »
2019-9-6 16:00 | |
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China is following Facebook’s playbook to issue a centralized digital currency
China‘s upcoming state-controlled digital currency is to be similar to Facebook‘s proposed coin, which makes total sense, because Libra isn’t really a cryptocurrency. Mu Changchun, deputy director of payments at China‘s central bank, explained the country was issuing its digital currency “to protect our monetary sovereignty and legal currency status,” Reuters reports. дальше »
2019-9-6 15:44 | |
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Amazon is reportedly launching a food delivery service in India to rival Zomato and Swiggy
After establishing a strong base with its ecommerce and streaming content business in India, Amazon is reportedly set to unveil its food delivery service in the country next month. According to a report by Mint, the company will start the service under its Prime Now banner first in Bengaluru, and then in Mumbai and New Delhi. дальше »
2019-9-6 13:25 | |
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China’s new state-backed digital currency might bear design similarities to Facebook’s Libra
China’s state-backed digital currency is almost ready for launch, but apart from the fact that it would act as a stablecoin pegged against the country’s national currency, there is not much information on the project. дальше »
2019-9-6 10:41 | |
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