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Holders of the Digital Yuan Will Not Be Paid Interest


China has been sending mixed signals about its preparedness to issue a national crypto. Despite the new blockchain push, there is still no timeframe for the anticipated launch of the digital yuan and few details have been revealed so far. However, a senior official from China’s central bank...

Crypto Tax Guidelines Leave More Questions Than Answers


Cryptocurrency holders have long wrestled with their tax obligations. These fiduciary duties have been complicated by tax agencies, which are several steps behind technology and now playing crypto catch-up. Updated guidelines from the U.S. and U.K.’s tax agencies were finally released this...

Crypto-Friendly Silvergate Bank IPO Debuts on NYSE


The U.S. Securities and Exchange Commission (SEC) has declared the IPO of pro-crypto Silvergate Bank effective. Its shares started trading on the New York Stock Exchange on Thursday. The crypto-friendly bank works with 756 customers in the crypto space, including Coinbase, Gemini, Circle, Bitstamp...

Ridiculous Crypto Regulations Are an Enemy of Bitcoin


One of the biggest privacy issues in today’s society revolves around the use of overreaching know-your-customer (KYC) and anti-money laundering (AML) laws. Despite the fact that many cryptocurrencies were designed to avoid these invasive practices, KYC and AML guidelines bolstered...

FBI Says Bitcoin Concern Is Getting ‘Bigger and Bigger’


In a recent U.S. Senate Committee on Homeland Security And Governmental Affairs hearing, Senator Mitt Romney expressed concerns about Bitcoin’s potential as a threat to national security. Federal Bureau of Investigation (FBI) Director Christopher Wray replied that cryptocurrency is a concern...

Market Outlook: Crypto Whale Tales and China’s Blockchain Hype


During our last market outlook, cryptocurrency prices had found new foundations after the massive rally on Friday, October 25. Since then digital currency prices have been meandering roughly in the same positions after coins like BTC failed to break upper resistance on various occasions. Also read:...

Turkey Becomes the Latest Nation to Work on Digital Fiat


Trade wars, sanctions, fear from private and decentralized cryptocurrencies. Regardless of the motive, a number of governments have recently taken the path of creating their own digital money. Turkey has become the latest country to announce plans for the issue of a “blockchain-based”...

Bitcoin History Part 19: Wikileaks and the Hornet’s Nest


“WikiLeaks has kicked the hornet’s nest, and the swarm is headed towards us.” With those 13 words, Satoshi Nakamoto stepped into oblivion, leaving a blizzard of unanswered questions that would enshroud his disappearance. That ominous message was to prove his penultimate forum...

Hong Kong Now Offers Opt-In Regulation to Crypto Exchanges


Hong Kong’s Securities and Futures Commission has established a new regulatory framework that allows crypto exchanges to opt-in to be licensed and regulated. Starting Wednesday, centralized trading platforms can apply for a license, providing they meet certain requirements including adequate...

Meet Flowee the Hub: A Feature-Rich Bitcoin Cash Validator


Bitcoin Cash development has been growing wildly over the last year between third party services and infrastructure. Since the inception of BCH, there’s been a number of full node clients that not only distribute important binary data but offer a variety of different features as well....

Kim Dotcom Token Sale Postponed Over ‘Regulatory Uncertainty’


In 2017, Kim Dotcom, the founder of the now-defunct file hosting service Megaupload, revealed a similar service called K.im that planned to give anyone the ability to upload files, documents, code, videos, and music files and get paid in crypto for their work. Since then, Dotcom’s team...

Conceal and Reveal: The Evolution of Privacy Coin Technology


Privacy can assume many forms and occur on many levels. The technologies that blockchain architects originally envisioned for privacy coins are now being utilized by an array of crypto stakeholders, from enterprises to exchanges. What began as a means of transacting anonymously has spawned...

China Removes Bitcoin Mining From Unwanted Industries List


Inspired by its new fascination with blockchain, China now seems to have changed its mind about cryptocurrency mining. The latest version of a national macroeconomic plan indicates that the government in Beijing has given up intentions to suppress the bitcoin mining industry, in which Chinese...

Video: Bitcoin Cash Lets You Buy Equity Over the Counter at a Bar


With all the talk about investing in digital assets new people to the scene might not know that cryptocurrency is still used being used as peer-to-peer electronic cash as it was intended. The latest video from Bitcoin.com shows how BCH is used to buy anything from drinks at the bar to equity in...

Tokens.net Seals Partnership With Bitcoin.com as an Official SLP Partner


Simple Ledger Protocol (SLP) is a protocol for token creation on the Bitcoin Cash (BCH) chain, promoting tokenization of assets in a simple and effective way. The Simple Ledger Protocol provides electronic wallets, block explorers, social media bots, token faucets and back-end infrastructure,...

Chinese Communist Party Reportedly Filling Roles at Top Exchange Huobi


A source has reported to news.Bitcoin.com that the Chinese government is attempting to directly manage the crypto exchange industry in the country. According to the source, this could lead to frozen assets for U.S. account holders and others. Notably, Huobi Global’s website has announced that...

190 Indian Bank Locations Raided in Massive Fraud Crackdown


India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year. Also read: State...

Canadian Regulator Seizes Troubled Crypto Exchange


The British Columbia Securities Commission has taken control of a cryptocurrency exchange which allegedly owes customers over $12 million. Einstein Exchange had planned to shut down amid complaints, lawsuits, and money laundering investigations. The Canadian regulator has also taken action against...

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