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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

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 –...

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...

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...

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...

Fast Crypto Loans at Low Rates Now Available With Bankera

21.1.2020
The blockchain technology, which underpins cryptocurrencies such as Bitcoin, remains a force to be reckoned with as it continues to propel major advancements in the financial sector. Get this; the crypto-lending industry has grown to a lucrative $5 billion market in just a couple of years....

Indian Minister Inaugurates Blockchain Center of Excellence in Bengaluru

21.1.2020
A Centre of Excellence in Blockchain Technology has been inaugurated by Indian Union Minister Ravi Shankar Prasad in Bengaluru. It will facilitate various government departments in their blockchain work, leading to large scale deployment of blockchain applications. Also read: Regulatory Roundup:...

How Is Bitcoin Cash Different From Bitcoin Core?

20.1.2020
The crypto space can be hard to break into for those unfamiliar with the jargon, lingo, and foundational knowledge taken for granted by the already initiated. Adding to this difficulty is the fact that there are several different cryptos which bear the name “Bitcoin.” Convoluted as this...

Maduro Opens Crypto Casino in Venezuela

20.1.2020
Venezuela’s President Nicolas Maduro has authorized the opening of a casino at a luxury hotel in Caracas where bets must be placed in petros, the country’s national oil-backed digital currency. Several cryptocurrencies and fiat currencies can be exchanged into petros to wager in...

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