Korean Watchdog Warns of Financial Stability Risk From Facebook’s Libra
8.7.2019
Facebook's Libra cryptocurrency project threatens the stability of financial systems, according to South Korea's Financial Services Commission
Singapore Mulls a New Idea How to Boost Crypto Adoption
8.7.2019
In a recently published e-Tax draft guide, the Inland Revenue Authority of Singapore (IRAS) proposed the exemption of certain cryptocurrency transactions from GST (goods and services tax).
To be precise, the draft is created with a goal to explain “the GST treatment for transactions involving...
Indian Gov To Educate Top Cops On Cryptocurrencies, Aiming To Investigate Crypto Matters
8.7.2019
The Indian government is also set to impose strict norms on crypto trade in the country, a move which could see severe crackdowns. Many crypto companies in India were forced to suspend operations temporarily or, in some cases, end operations completely. To further its crackdown, and investigate...
Ethereum Price Analysis: Ethereum Trades Above $300 at the Onset of New Week
8.7.2019
Ethereum lured its investors by hopping above $300 during the past weekend. Ethereum’s price went as high as $361 in the last Bull Run, when Bitcoin price went above $13000. Ethereum could not sustain in the price pullback stage and could not maintain a persistent trade. Therefore, it slumped below...
As Deutsche Bank Axes 18,000 Jobs, Bitcoin Offers a Powerful ‘Plan ฿’
8.7.2019
Deutsche Bank taking an axe to 18,000 jobs and winding down its investment banking arm paints a bleak picture of traditional finance at a time of booming growth for crypto
Bitcoin and Altcoins Showing Signs of Fresh Increase
8.7.2019
This past week, bitcoin and altcoins trimmed most gains and struggled to continue higher. BTC/USD failed to clear the USD 12,000 resistance and later declined below USD 11,000. However, the USD 10,500 level acted as support and recently the price rebounded above USD 11,200. Besides, ethereum price...
Experts Dissect Craig Wright’s ‘Satoshi’ Testimony and Court Documents
8.7.2019
Last week, Craig Wright, the man who claims he’s Satoshi Nakamoto, appeared in court and testified why he did not have access to his public bitcoin addresses and trust information. Since then a lot of new evidence has been submitted to the court and members of the crypto community have...
Ex-R3 Exec’s New Mission: Run $100 Trillion Fund Trade on Private Blockchains
8.7.2019
Former R3 executive Brian McNulty has launched a blockchain startup aiming to streamline fund management
‘I Would Buy’ Bitcoin If Growth Continues — Investment Legend Mobius
8.7.2019
Legendary investor Mark Mobius would be interested in buying bitcoin, he says
NEO Price Analysis: NEO May Cross $18 Mark By The End Of The Week
8.7.2019
NEO’s launch of strategy game may push the coin in an upward direction NEO has been performing well in the market currently, and although the coin may have slowed down a bit, its revival rate is stronger and faster than its counterparts. Additionally, the platform is also finding ways to entice...
IRS 'Weeks Away from 3 Tax Bills' After Call from Pro-Crypto Activists
8.7.2019
America’s top tax authority, the Internal Revenue Service (IRS), will update its cryptocurrency guidelines “in the coming weeks,” per the Wall Street Journal – following a request put forward by United States parliamentarians.
The media outlet says that the IRS’ decision was made after...
Facebook’s Libra Is a ‘Wake-Up Call’ for Regulators, Says ECB Policymaker
8.7.2019
Benoit Coeure of the European Central Bank has said projects like Facebook's Libra require faster action from regulators