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The City of Seoul Will Create a Cryptocurrency for Citizen Rewards
6.8.2019
The Seoul Metropolitan Government will establish its first blockchain-based administrative services in November
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...
Bitpoint, Japanese Crypto Exchange, Re-opens for Trade Services after $28 million hack in mid of July
6.8.2019
Bitpoint, Japanese crypto exchange is re-opening a portion of its exchanging services following 28 million dollar hack in mid-July. Furthermore, Bitpoint is re-opening its withdrawals and cash deposits in Fiat on the sixth of August after a security evaluation of the exchange’s digital...
Japanese Crypto Exchange Bitpoint Restarting Trade Services
6.8.2019
The exchange lost 3 billion yuan during a hack on July 11
Stefan Rust Appointed New Chief Executive Officer of Bitcoin.com
2.8.2019
Stefan Rust has been appointed as the new chief executive officer of Bitcoin.com. As CEO he will work alongside Roger Ver as the company continues to develop new products and services that promote peer to peer electronic cash and increased economic freedom around the world. Also Read: Pre-Register...
PR: Uruguayan President Meets With the Founder of SCRY
2.8.2019
Uruguay, nicknamed South America’s Switzerland, has always taken a positive attitude towards the development of science and technology and information economy as well as science and technology services, thus becoming the first Latin American country to step into 5G information this year. Miss...
Testing Haven, OB1’s New Social Media and Crypto Marketplace App
30.7.2019
On Monday, OB1, the development team who created the crypto-infused marketplace Openbazaar, launched a new platform called Haven. The application is a mobile version of the Openbazaar marketplace, but also includes social media, end-to-end encrypted messaging, and noncustodial wallet services for...
Crypto Is Part of Free Speech, and Free Speech Is Everything
29.7.2019
On July 23, U.S. Attorney General William Barr gave a speech demanding big players in the tech industry work with government agencies in providing backdoor entry points for encrypted devices and software. Per his reasoning, certain devices and messaging services pose a safety threat by providing...
Unbanked for Buying Bitcoin: How the Financial System Criminalizes Crypto
28.7.2019
When we think of the unbanked, we envisage citizens of developing nations who lack the means and documentation to obtain access. But you don’t have to be a Mongolian goat herder to find yourself financially excluded. In the West, relatively affluent citizens are having their banking services...
Abra App to Restrict Services for US Users Over Regulatory Issues
26.7.2019
Crypto investment app Abra is cutting back the crypto options for U.S. customers citing "regulatory uncertainty and restrictions" in the country
Hyundai Pay to Expand Blockchain Services, E-commerce App Makes Waves
24.7.2019
South Korea’s fast-growing blockchain industry continues to show signs of health – with one of the country’s biggest conglomerates stepping up its blockchain operations.
Hyundai Pay, the electronic pay arm of the wider Hyundai Group, says that it has appointed a new CEO with a view to “expanding...
Congress Drew a Fine Line Between Libra and Crypto – That’s a First
23.7.2019
Lawmakers at last week’s hearings took pains to distinguish Facebook’s Libra from the broader crypto space, showing a new maturity in their approach
PR: Folgory Launches Mobile App and Regulated Crypto Exchange
22.7.2019
Folgory, the fully integrated app and trading exchange launches to bring a range of services to crypto users.
The intellectual and logistical demands of trading crypto currency have hitherto been tricky at best, complex at worst. Folgory has created an easy to integrate and manage solution designed...
Deutsche Bank Collapse Could Crash Global Financial Markets
21.7.2019
German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. Investors everywhere should note that if such a critical piece of...
Anchorage Chose South Dakota for Its Crypto Custody – Here’s Why
20.7.2019
After a $40 million Series B, buzzy crypto startup Anchorage is setting up a new subsidiary in Sioux Falls, South Dakota
Watch Today’s Facebook Libra Hearing at the House Financial Services Committee
17.7.2019
Watch the live webcast of the House Financial Services Committee hearing on Facebook's Libra cryptocurrency project
Facebook’s Libra Should Be Regulated Like a Security, Says Former CFTC Chair
16.7.2019
Former CFTC Chairman Gary Gensler believes Facebook's Libra looks – and should be regulated like – a security
What to Expect When Congress Grills Facebook on Cryptocurrency This Week
15.7.2019
The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions
PR: Matrix Exchange Receives Approval From Abu Dhabi Global Market
14.7.2019
Abu Dhabi-based crypto asset exchange, Matrix Exchange announced on July 12 that it has received an In-Principle Approval (IPA) from by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to operate as a crypto asset exchange and custodian in ADGM.
The post...
Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status
13.7.2019
Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales of goods and services. Georgia has become the latest nation...