France to auction 611 bitcoins worth $32 million

The French government is set to auction off 611 bitcoins (roughly $32 million) tomorrow…

The post France to auction 611 bitcoins worth $32 million appeared first on Coin Journal.

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Following Grayscale's contribution, Kraken donates $100K to Coin Center

The crypto exchange cited Coin Center’s work in challenging the proposed FinCEN self-hosted wallet rule as well as the STABLE Act from the U.S. government.

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XRP supporters ask the federal government to view XRP as a currency

XRP supporters have come forth to fight for the digital asset as it performs poorly after the SEC filed a lawsuit against it. To this end, a person with the initials J. W filed a petition. Through this move, the proponent seeks to collect signatures from supporters to help XRP overcome the lawsuit, in which the SEC claims the coin is a security.

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China moves closer to nationwide digital currency launch

The Shenzhen government has given away $3 million worth-of Digital Yuan as it conducts… The post China moves closer to nationwide digital currency launch appeared first on Coin Journal.

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New ransomware lures victims by pretending to be a Canadian Government COVID-19 tracing app

The fraudulent websites encrypt data from victim’s android devices, ESET revealed New ransomware called... The post New ransomware lures victims by pretending to be a Canadian Government COVID-19 tracing app appeared first on Coin Journal.

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Kazakhstan reveals draft legal framework for crypto-investment

With an emerging crypto mining industry, the government considers making a pivot toward cryptocurrencies... The post Kazakhstan reveals draft legal framework for crypto-investment appeared first on Coin Journal.

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Indian Government considers federal ban on cryptocurrency — again

The government is considering a law to ban virtual currency while confusion about the... The post Indian Government considers federal ban on cryptocurrency — again appeared first on Coin Journal.

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Feds Fight Motion to Dismiss Case Against One Coin Crypto Scam Lawyer

The U.S. government has urged a New York federal court to dismiss an alleged OneCoin money launderer’s request for acquittal

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Apple Co-Founder Steve Job’s Widow Invested At Least $5M Into Telegram’s Controversial ICO

Telegram's Open Network (TON) Initial coin Offering saw a few well known names as investors in the Gram tokens (GRAM) ICO project, such as Mikhail Abyzov, former Russian Minister of Open Government Affairs, Russian-Israeli billionaire Roman Abramovich, and Laurene Powell Jobs, Steve Jobs’s widow.

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Aussie Blockchain Startup Tells Gov’t Its Tax Laws Are Stifling ICOs

Australia needs to rethink its tax policy for initial coin offerings if it wants to compete on the global stage, a local industry leader told the government this week

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US Department of Justice Is Criminalizing Onchain Privacy, Starting With Mixers

The American government’s long-running war on privacy escalated this week following the arrest of Coin Ninja’s Larry Harmon on money laundering charges. A Department of Justice statement that “seeking to obscure virtual currency transactions in this way [using mixers] is a crime” means that bitcoiners risk prosecution simply for exercising their right to privacy.

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Japan?s State Crypto: ?The Sooner, the Better? - Says Senior Ruling Party Rep

The Liberal Democratic Party of Japan intends to add the launch of the CBDC to the government?s policy guidelines so as to release the coin in the near future

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Public Sale Is Live for Coin Powering Cypherpunk Pioneer David Chaum’s Privacy Focused Xx Network

The Xx network is designed to allow people to communicate and exchange value without revealing any information to intrusive government agencies or companies that collect and sell personal data. It was created by Dr.

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Cardano’s Charles Hoskinson likens government’s crypto-involvement to the Chernobyl disaster

Cardano’s Charles Hoskinson shared his insights on Facebook’s latest crypto-venture, Libra, and the government’s intervention, in his latest AMA session. Over the past few weeks, Facebook’s Libra has faced a barrage of criticism  from lawmakers, further delaying the launch of the coin.

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Iranian government declares law for regulating cryptocurrency market

What may come as a shock to the rising Iran’s population that participates in digital coin mining activities, the Iranian government announced a law aimed at regulating cryptocurrencies within its jurisdiction.

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Kenya’s Blockchain Task Force Advises Government to Consider Initial Coin Offerings

The blockchain and cryptocurrency task force established by the Kenyan government is requesting that the authorities enable the development of initial coin offerings (ICOs). According to a report on iTWeb Africa on July 29, 2019, the country’s task force believes that ICOs would help local startups fund projects.

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Are ICOs all Set to Make a Comeback in the Near Future? Regulated Token Sales Making a Return

The Russian government recently passed a law that seeks to allow startups to raise funds for their envisioned projects in a seamless manner. Bafin — Germany’s FSA — recently gave its seal of approval to a token sale event touted to worth $287 million.

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French government to create ‘ICO white list’ with new regulations

While the world is looking at Facebook’s Libra and its recent senate hearing, France is knuckling down and is set to approve the first wave of cryptocurrency businesses under new legislation. Under the rules, cryptocurrency-related firms will voluntarily abide by a regulatory framework that requires them to pay tax, provide consumer protection, and meet capital requirements, Reuters reports.

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Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin

Control of the U. S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency to take the USD down a peg.

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Global Policy Makers Are Up in Arms About Facebook’s Libra Coin

By CCN Markets: Facebook is already under fire from regulators less than a day after officially revealing its cryptocurrency whitepaper. Based on three separate talks, it’s clear top government and bank officials from around the world are preparing to regulate Facebook Libra.

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First Congressmen, Now Italian Government Providing Free Publicity for Bitcoin

Being a decentralised project, with no CEO or board members, Bitcoin has always been lacking an official marketing department. However, that has not stopped the world’s first viable digital asset becoming worth billions of dollars.

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Binance CEO CZ: Indian Bill Against Cryptocurrency will Push Privacy Coin Adoption Forward

The bill proposed by the Indian government against the use of cryptocurrency in any form has attracted attention in the crypto verse. While some have said it will lead to further adoption instead of discouraging it, Binance CEO Changepeng ‘CZ’ Zhao says it is likely to drive the adoption of privacy coins to the Indian […] The post Binance CEO CZ: Indian Bill Against Cryptocurrency will Push Privacy Coin Adoption Forward appeared first on ZyCrypto.

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Russia’s Massive Oil Industry Considers Using Facebook’s Global Coin

By CCN: According to local reporting, Facebook’s Global Coin might soon be used to value barrels of oil, according to one wide-ranging article about the impact of technology on the Russian economy.

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John McAfee Plans Launch of His Own “McAfee Freedom Coin” to be Accepted Universally in Q3

John McAfee the famous security software tycoon turned fugitive presidential candidate is a big-time crypto advocate. He has been living in an exile for a while and running his presidential campaign through social media.

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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).

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Bitcoin: Absence of central bank protecting value of crypto makes it unsuitable to be money, says ECB

Bitcoin [BTC], the largest cryptocurrency by market cap, stepped into its 10th year this year. The coin that grabbed the attention of the entire world by reaching nearly $20,000 towards the end of 2017 has been either accepted or rejected by government bodies and financial institutions.

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Explore Coin ICO

Explore Coin is a decentralized currency that simplifies travel, saves money, and is backed by powerful applications and an ever growing system of partners. Explore Coin is a cryptocurrency designed to be the leading travel cryptocurrency in the world.

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Digital Renminbi: A Fiat Coin to Make M0 Great Again

Anonymous, cryptocurrencies could become more important in an environment where government money is closely controlled, says Dovey Wan.

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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.

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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.

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Bitcoin [BTC] now offers a higher yield than government bonds in 18 countries

Bitcoin has had an amazing first half of the month in May, as the coin registered significant gains to conquer the market. During the course of the month, Bitcoin managed to sustain its momentum and breached multiple resistances to trade at over $8,000, at press time.

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Bitcoin Breaks $8,000: Four Factors Behind the Rally

This article was originally published by 8btc and written by Lylian Teng. The bitcoin price has broken $8,000 for the first time since July 2018, with most cryptocurrencies trading in the green.

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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.

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City of Belfast of the UK Opens Its Own Crypto Coin Courtesy of Colu to Boost Local Businesses

The government of Belfast, a city in the United Kingdom, has decided to issue its own token in a partnership with Colu, a Israeli crypto company. Colu already works in four local blockchains based on four cities.

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Thai Stock Exchange’s Chief Criticizes Regulators For Crippling Crypto Startups With Taxes

Thai Stock Exchange’s Chief Criticizes Regulators For Crippling Crypto Startups With Taxes The governor of the Stock Exchange of Thailand (SET), Prinn Panitchpakdi, has recently criticized the government for taxing new crypto starts too much.

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The Facite Foundation Is Taking New Steps beyond Central Asia, Towards the World

Based in Kazakhstan, the Facite foundation published its first dividend-income type cryptocurrency Facite coin (FIT) in order to obtain substantial revenue to help expand its business domain. Facite foundation is working on a government policy project in which they took over INNOB Co.

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Five Years in the Making, Bisq Exchange Launches Its Bitcoin DAO

Decentralized autonomous organizations (DAOs) are one of crypto's more novel and ambitious applications — one that Bitcoin, until recently, has had nothing to do with.

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Notre Dame Fire Donations – A Terrible Reason to Burn Your Bitcoin

Over a billion dollars have been raised for the reconstruction of Notre Dame. People with deep pockets have seized the opportunity to throw their money around, and Binance refuses to miss a marketing opportunity.

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France Adopts New Cryptocurrency Regulation

The French government has adopted a financial sector bill that establishes a legal framework for cryptocurrency service providers and initial coin offerings. The bill includes both optional and mandatory licensing, and also specifies the types of funds that can invest in crypto assets.

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France Adopts New Crypto Regulation

The French government has adopted a financial sector bill that establishes a legal framework for cryptocurrency service providers and initial coin offerings. The bill includes both optional and mandatory licensing, and also specifies the types of funds that can invest in crypto assets.

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South Korea’s Defense Acquisition Program to Use Blockchain for Data Sharing

Blockchain technology will reportedly be used by South Korea’s Defense Acquisition Program Administration in the sharing of sensitive data between government organizations, a press release stated on April 10, 2019.

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Bermuda Government Approves Velocity Ledger ICO

A Bermuda-based technology company has just announced its initial coin offering, with the official blessing of the local government. Velocity Ledger Holdings Limited, a Software as a Service (SaaS) company based in Hamilton, has been approved by the Ministry of Finance to launch the tokensale, the company said in a press release.

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CashlessPay Group Singapore Coin: Be Careful of This Fraud

What Is CashlessPay Group Singapore Coin? The CashlessPay Group has been promoting the coin, saying that the Government of Singapore made a decision to implement a national digital currency, which is the Singapore Coin.

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BidCoins: Stellar Blockchain BID Token Auctions – BitcoinExchangeGuide.com

What Is BidCoins? BidCoins is a new cryptocurrency in the making. The developers behind this project believe that $Bid Coin will be the preferred virtual currency for bidding worldwide. BidCoins operates on the premise that worldwide, auctioning and bidding on government contracts, fine art, e-commerce, jewelry, vehicles, and real estate, take place quite often. However, such […]

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Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software

This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi.

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Op Ed: Answering 10 Common Questions About Cryptocurrency and Taxes

Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world.

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Cryptocurrency: Zuckerberg, Dimon, Maduro…You Are Not Welcome Here!

Facebook is the latest in a raft of corporate or government entities creating their own cryptocurrencies. Within weeks of JPMorgan announcing its plans to launch the JPMorgan coin, sources leaked confirmation of the crypto landscape’s worst-kept secret–that the Zuckerberg blockchain team was working on a native cryptocurrency.

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Japan Introduces Stricter Regulation for Crypto Margin Trading

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.

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MIT Bitcoin: Legislators Discuss Regulation, Potential of Blockchain Tech

On March 9–10, 2019, the Massachusetts Institute of Technology hosted a two-day event, the MIT Bitcoin Expo 2019. Put together by the student-organized MIT Bitcoin Club, the conference welcomed more than just Bitcoin voices from every corner of the industry.

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