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Croatian Post Trials Crypto Exchange Service Before Possible Wider Rollout
26.7.2019
While post offices sometimes offer banking services, Croatian Post is looking at launching a nationwide cryptocurrency exchange service
South African Payment Gateway Drops BTC Over Fees and Network Congestion
13.7.2019
On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.”...
Thailand Endorses Four New Crypto Service Providers to Operate in Country Legally!
13.7.2019
Thai SEC (Securities and Exchange Commission) has authoritatively endorsed four new digital asset business service providers. Moreover, new conditions, rules, and methods have been presented for digital asset organizations. Under the nation’s present regulatory system for digital tokens...
Thailand Approves 4 New Cryptocurrency Service Providers
13.7.2019
The Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules...
Binance Launches Margin Trading Service, Expects To Revolutionize The Industry
11.7.2019
After months of waiting, Binance has finally launched margin trading on its exchange platform, which will allow users to take higher risks for higher profitability. The move is part of the company’s goals of pushing forward the industry, while also enhancing freedom of money. #Binance Launches...
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...
For Faster Service, Binance Is Accepting Reduced Number Of Confirmations For BTC & ETH Deposits And Withdrawals!
9.7.2019
In a recent report by Binance, it states that Binance is reducing the number of Confirmations needed for deposits and withdrawals on BTC and ETH Networks. To give better support to its clients, Binance has made specific changes following the number of block affirmations required for customer...
India to Educate High-Ranking Police Officers on Cryptocurrency
8.7.2019
India’s national police academy has launched a cryptocurrency course for high-ranking officers of the Indian Police Service. Among the objectives of the course are the functioning and legal aspects of cryptocurrencies, as well as investigations of cases involving digital coins. The Indian...
Fujitsu Unveils Blockchain-Based Identity and Credential Rating Service
4.7.2019
Fujitsu has unveiled a blockchain-based solution designed to improve trust in online transactions by using history and ratings to assign users a trustworthiness score
Driveway Deliveries Service Could Help Tesla To Maintain Deliveries Momentum
4.7.2019
At the start of the year, Tesla reported declining sales, and there were genuine fears about the future of the company. The stock price declined significantly as more and more investors believed that the company’s growth story had perhaps come to a halt for the time being. However, Tesla came back...
Tip Twitch Livestreamers With BCH Using the New Tipbitcoin.cash App
30.6.2019
Last week the pseudonymous developer who created the Crescent Cash wallet, Pokkst, announced the launch of a new tipping service called Tipbitcoin.cash. The tool gives anyone the ability to tip their favorite streamer on Twitch using bitcoin cash. Also Read: Iranians Defy Warning and Share Pictures...
V20 Summit Concludes With Promises for Crypto Industry
30.6.2019
As the G20 leaders’ summit came to a close, the nearby V20 summit concluded with a set of promises for the crypto industry in response to the global crypto standards set by the Financial Action Task Force. A group of national crypto associations aims to engage with government agencies...
ShapeShift Founder Says His Service Will Support Libra
27.6.2019
Erik Voorhees thinks that Facebook's currency will be a gateway for bitcoin adoption
G20 Policymakers to Discuss Regulations Proposed by Crypto Industry
27.6.2019
As world leaders start arriving for the G20 summit in Osaka, Japan, policymakers and crypto industry representatives are convening at another summit to discuss the implications of proposed global standards for crypto assets and service providers, as well as solutions that will minimize unintended...
Node40 Executive Explains What to Expect When the IRS Issues Its New Crypto Policy
27.6.2019
Last May, the U.S. Internal Revenue Service (IRS) revealed it would be issuing new tax guidance and rules about the tax treatment of digital assets and forks. IRS Commissioner Charles Rettig told congressional leaders that the agency has made it a priority to issue crypto-related tax guidance. This...
South Korean FSC Approves ICONLOOP’s Blockchain based Digital Identity Service – my-ID
26.6.2019
South Korean government’s top budgetary controller, FSC (The Financial Services Commission), has reported the incorporation of ICONLOOP’s ‘my-ID’ administration into the ‘Innovative Financial services and Regulations Sandbox’ which was created under the special...
PR: New FATF Rules See VASP Industry Convene for V20 Summit
26.6.2019
As the Financial Action Task Force (FATF) prepares to roll out a new set of rules to increase reporting requirements on cryptocurrency transactions at the G20 Leaders’ Summit this month, a collective of international industry associations have led an initiative to convene Virtual Assets Service...
Enforcement of Updated Crypto Guidelines From FATF Has Far-Reaching Implications
25.6.2019
The FATF (Financial Action Task Force) has revealed updated guidelines that would require cryptocurrency and digital asset exchanges—and potentially independent business owners and crypto holders—to share sensitive customer information as VASPs (Virtual Asset Service Providers)...
NowPayments Review: A Non-Custodial Service for Integrating Cryptocurrency Payments into Your Business
24.6.2019
Cryptocurrencies are here to stay, and they are gradually transitioning away from a tool for traders to make a quick buck in speculative trades into the future of money. Facebook recently unveiled its plan to build a cryptocurrency that will be used as means of payment and method of exchange...
FATF Releases Global Standards for Crypto Assets
22.6.2019
The Financial Action Task Force adopted its new rules on crypto assets and published its updated Guidance on Virtual Assets and Virtual Asset Service Providers Friday. Under these new measures, crypto service providers will be required to implement the same requirements as traditional financial...