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LINE Targets US Residents With New Crypto Exchange
2.3.2020
The messaging app firm launched a new U.S.-based crypto exchange, Bitfront, last week, offering traders dollar-to-crypto trading pairs
Government to Airdrop $9 Billion in Free Money to 7 Million Hong Kong Residents
28.2.2020
The government of Hong Kong has decided to airdrop about $9 billion in free money to an estimated 7 million residents in the troubled Chinese territory. From a global perspective, this can be seen as a desperate move to stimulate the local economy while the coronavirus outbreak is hitting markets...
Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls
27.2.2020
Mass unrest in Lebanon due to allegations of political corruption and heavy handed capital controls has carried over into the new year, with reports pointing to a notable uptick in bitcoin trading from the embattled nation. As residents seek to preserve as much value as they can while government...
Russians Can Use Qiwi, Sberbank, Yandex Money and Now Binance P2P Exchange to Buy Bitcoin With Rubles
13.2.2020
A growing number of platforms allow Russian residents to purchase cryptocurrencies with local fiat money. Established cryptocurrency exchanges are not the most trouble-free option, however, as they often require extensive registration and rarely support popular payment methods in the region, unlike...
Coinbase Expands Crypto Offerings to New York Residents; Adds ZCash and USDC
11.2.2020
Global crypto trading platform Coinbase, on Tuesday, made two new tokens, ZCash and USDC available for New York residents. The New Yorkers can now access these tokens via the Coinbase website or Coinbase mobile application that is available on both, Android and iOS. Zcash ($ZEC) is now available...
Tax Friendly Saint Kitts and Nevis Approves Progressive Crypto Bill, Lenient Capital Gains Exemption
7.2.2020
The island country of Saint Kitts and Nevis, located in the West Indies, recently passed a bill that legalizes digital currency assets like bitcoin cash. The act is cited as the Virtual Asset Bill 2020 and it aims to provide the regulation of cryptocurrencies for Saint Kitts and Nevis businesses...
Spill Your Sats: H&R Block Tells Crypto Customers to Self-Report on Taxes, Even If Imperfectly
27.1.2020
Tax season for United States residents is fast approaching, and the IRS wants to know about everyone’s involvement in the crypto space. Thanks to a recently updated income tax form including a question about crypto activity, tax preparation companies like H&R Block are advising filers...
Binance Exchange to Restrict Access to Japan Residents
16.1.2020
Binance is set to restrict access to Japanese residents at an unspecified date
Telegram Rejects SEC Request to Hand Over Bank Records for TON
5.1.2020
Telegram Group, the company behind the TON blockchain project, has reportedly refused to share information with the SEC showing how much it spent of the $1.7 billion raised from investors in the past couple of years and where. In a recent court filing, the securities regulator alleges that Telegram...
Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell
24.12.2019
Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to...
Dubai to Host City’s First Bitcoin Cash Meetup on Saturday
13.11.2019
As Dubai is renowned as an international business and financial hub it should be no surprise it has a dedicated community of cryptocurrency supporters. On Saturday the residents of the city are coming together to learn about bitcoin cash and party. If you are in the area that day, make sure not...
Crypto Exchange Huobi Gearing Up to Completely Freeze Accounts of US Residents by November 13, 2019
3.11.2019
Huobi, the popular Singapore-based crypto trading exchange, has made an announcement through a post on its official website that it shall be freezing the accounts being operated by US residents with a view to restraining the activities of those investors who fail to comply with the User Agreement....
Belarusian Bank Gets the Go-Ahead to Service Crypto Investors
23.10.2019
A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic...
Circle Drops Poloniex Leaving US Crypto Traders High and Dry
19.10.2019
According to a blog post published by Circle, the cryptocurrency firm is releasing its subsidiary exchange Poloniex which is now owned by an “Asian investment group.” The trading platform will become an independent company called Polo Digital Assets, Ltd., and after November 1, 2019...
Slovenia Has the Most BCH-Accepting Physical Locations Worldwide
12.10.2019
Bitcoin Cash (BCH) merchant adoption continues to grow, but in certain regions worldwide like Australia, Japan, and New Hampshire, BCH acceptance is swelling. As each area pursues BCH adoption in a variety of unique ways, the Republic of Slovenia has seen massive retail approval as the payment...
Binance.US Opens Account Registration for Puerto Rico Residents
30.9.2019
Binance’s U.S. arm, Binance.US, opened account registration for Puerto Rico residents
Residents of Two Canadian Municipalities can Now Pay Property Taxes Through Cryptocurrency
19.9.2019
Cryptocurrency has made a foray into public life in Canada, with its use and adoption to provide certain services to the residents of two municipalities there. The residents of Richmond Hill, Ontario will be provided with an alternate mode to pay property tax. Individuals and businesses will now...
More Cities and Regions Accepting Coins for Taxes, Services
6.8.2019
Cryptocurrency payments, as convenient as they can be, are still something most governments are trying to wrap their heads around and regulate. Local authorities, however, being closer to the citizens they are called upon to serve, are often quicker to adopt novelties that make their lives and...
Why You Can’t Bet With Bitcoin at Online Casinos in the US
20.7.2019
Since the dawn of Bitcoin, the cryptocurrency landscape has seen a lot of digital currency gaming websites where users can wager their coins in games like poker, dice, blackjack and slots. Because public blockchains are transparent, the protocols have made online gaming provably fair. However...
IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users
9.7.2019
A recently published U.S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through social media posts...