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Has Quebec Missed the Ship for Attracting Cryptocurrency Miners?
23.1.2020
An uncertain regulatory regime regarding power distribution in Quebec has apparently drove crypto mining firms out of the province
RBI Did No Research Before Anti-Crypto Directive: RTI Reply
23.1.2020
The response to a Right to Information (RTI) request has shown that the Reserve Bank of India (RBI) is not privy to the nuances of cryptocurrencies and that it did not form any internal committees or working groups for the purpose of studying the merits and detrimental effects of Virtual Currencies...
Binance Invests in Taiwanese Blockchain Data Monetization Startup Numbers
23.1.2020
Binance has invested in Numbers, a blockchain-enabled data monetization startup
Justin Sun Tweets About Meeting Former Apple Co-Founder Steve Wozniak
23.1.2020
TRON founder and CEO Justin Sun is quite active on social media and has always been in the headlines. This time, he has tweeted about meeting with former Apple co-founder Steve Wozniak, and also gave a hint of a possible partnership. It was an honor meeting the legendary Woz, @Apple co-founder!...
Pornhub Adopts USDT-TRON To Allow Payment Settlement For Models
23.1.2020
Justin Sun, CEO of the TRON Network, has announced the news about Tron opening doors for a new payment option for Pornhub models. The spearhead, through an official post on his Twitter handle, revealed that the world’s largest community of porn stars, Pornhub will now facilitate USDT-TRON payment...
Square’s Fiat-to-crypto Payment Network System Wins US Patent
23.1.2020
On Jan 21st, Square, the payment provider, won a U.S. patent for its fiat-to-crypto payment network system. The payment provider applied for this patent on Sept. 14th, 2018, to the U.S Patent and Trademark Office. The Office’s data described it as a payment system that will allow users with...
Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies
23.1.2020
In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail...
RBI vs. Crypto: Supreme Court of India – January 23, 2020
23.1.2020
We at CryptoNewsZcom are set to resume our coverage of the RBI vs Crypto hearings at the Supreme Court of India! After 3 days of proceedings, the RBI counsel is likely to conclude his case today.
The post RBI vs. Crypto: Supreme Court of India – January 23, 2020 appeared first on CryptoNewsZ
Research: Ether Was the Cryptocurrency Most Correlated to Other Coins in 2019
22.1.2020
Ether was the coin most correlated to the rest of the crypto market in 2019, while Cosmos the least correlated
Uzbekistan to Throw its Doors Open to Tax-free Cryptocurrency Trading
22.1.2020
Uzbekistan’s president has produced a draft decree that will see tax authorities in the country waive taxes on cryptocurrency trading and transactions – for both Uzbeks and non-nationals living in the country.
As previously reported, the government has been keen to implement the new measures –...
Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today
22.1.2020
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still...
Libra’s Miseries Continue as Vodafone Quits Libra Association
22.1.2020
Mark Zuckerberg’s ambitious Libra Project has been in the headlines ever since it was launched in June 2019, however, not necessarily for the right reasons. The project has gained more criticism than support globally, right from the Americas to Europe. The US Congress, Senate, and even President...
RBI vs. Crypto: Day 3 at the Supreme Court of India
22.1.2020
Based on a directive circulated by the Reserve Bank of India (RBI), cryptocurrency has long been considered banned in India. Well, not anymore. In a surprising turn of events, on Day 2 of the hearing, the central bank responded to a writ petition filed by the Internet and Mobile Association...
Six Central Banks Form Alliance to Pursue Research on Digital Currency
22.1.2020
Six leading banks belonging to the Central Bank group have formed an alliance to work together to assess the potential for central bank digital currency (CBDC) in their respective jurisdictions. These banks include the Bank of England, Bank of Canada, Bank of Japan, European Central Bank, Sveriges...
Uzbekistan Prepares Crypto Tax Exemptions, Launches Licensed Exchange
22.1.2020
A new presidential decree in Uzbekistan envisages the introduction of tax exemptions for income obtained from operations involving crypto assets. The draft document published recently also incorporates proposals for the establishment of a blockchain valley and licensing regime for cryptocurrency...
Deribit Releases Specifics of New KYC Policy Following Move to Panama
21.1.2020
Deribit clarifies new requirements for customer information to take effect following move to Panama, itself an effort to avoid new E.U. AML regulation
UK Tax Agency to Pay $100K for Blockchain Surveillance Software
21.1.2020
On January 17, the UK tax agency Her Majesty’s Revenue and Customs (HMRC) published a job opportunity for a private contractor to design a cryptocurrency blockchain analysis tool. According to the listing, the contract is for one year and HMRC will pay the contractor $100,000 for software...
EGifter First BitPay Merchant To Accept XRP Cryptocurrency
21.1.2020
EGifter is the first merchant to accept XRP through BitPay
Huobi Debuts Crypto Brokerage as Its Institutional Arm Grows 400% Since Q3 2019
21.1.2020
Huobi launches a new institutional traders-targeting crypto brokerage as its institutional business surged 400% since Q3 2019
RBI Confirms Crypto Not Banned in India
21.1.2020
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in...