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Kyrgyzstan Proposes a Law to Tax Cryptocurrency Mining After Banning The Same In 2014
1.9.2019
According to reports from the regional news outlet Kabar, the Ministry of Economy of the Kyrgyz Republic has submitted a draft law “On Amending the Tax Code”. The law will introduce taxes on cryptocurrency mining activities. Back in July 2014, the central law authority of the country had explicitly...
Should Crypto Stay Decentralized or Are CBDCs Better? Experts Answer
1.9.2019
Government-backed digital currencies or decentralized cryptocurrencies? Industry experts weigh in
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
31.8.2019
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong...
Is Blockchain Payments Integration in Messenger Apps Good for Crypto?
30.8.2019
While some analysts expect platforms like Libra to bolster crypto adoption, others fear the centralization of blockchain payments
German Cabinet and Bundesbank Are in Close Communication on CBDC Issues
30.8.2019
The German Cabinet and Deutsche Bundesbank are working together on the issue of CBDCs
Report: No Bank Account Needed to Transfer China’s Upcoming CBDC
30.8.2019
The upcoming China CBDC will be available to users without bank accounts, says Binance Research
Stablecoins Vulnerable to Regulatory Uncertainty: European Central Bank
29.8.2019
The European Central Bank says stablecoins with clear governance may be hampered by regulation uncertainty
Chinese Central Bank ‘Crypto’ Not Launching in November: State Media
29.8.2019
Chinese state media: central bank says reports that its state-backed crypto will launch in November are “inaccurate speculation”
Crypto Can Boost Indian Economy – How Banning Will Hurt it
29.8.2019
The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. Meanwhile, the Indian crypto community...
Why Regulation Is the Best Thing for Crypto
28.8.2019
Regulation is coming to the crypto space and we should embrace it. Do you agree?
Unconfirmed: Eight Institutions to Get China’s Digital Currency First
28.8.2019
China will reportedly give eight organizations including Alibaba the first crop of its digital currency
Swiss Central Bank SNB Is in Close Contact With Facebook’s Libra
27.8.2019
Switzerland’s central bank SNB is in close contact with the relevant authorities over Facebook’s Libra crypto project, Reuters reports
Central Bank Asks Norway’s Sovereign Wealth Fund to Wind Up Investments in North America
27.8.2019
The world of investments is no longer only restricted to funds and the investment divisions of the biggest investment banks. In the past, such investors had a huge influence over the capital markets, but over the past few decades, some of the world’s biggest sovereign wealth funds have become...
Brazilian Central Bank Changes its Cryptocurrency Classifications
27.8.2019
The Brazilian central bank – the Banco Central do Brasil (BCB) – has made changes to the way it classifies cryptocurrencies.
In an official announcement, the BCB says that it is moving in line with International Monetary Fund (IMF)-issued guidelines on cryptocurrencies. From now on, the BCB said...
Brazil Central Bank implements IMF Guidelines, Acknowledges Cryptocurrencies as Assets
27.8.2019
Recently, the Central Bank of Brazil has proceeded to categorize selling or buying cryptocurrency resources as per IMF (International Monetary Fund) rules. Brazil’s national bank declared its choice just recently. Besides, with the new type of classification as per IMF standards, exchanged...
Brazil Central Bank Adopts IMF Guidelines for Crypto Classification
26.8.2019
The Central Bank of Brazil has adopted IMF guidelines for classifying cryptocurrencies
UK Central Bank Governor Sees Digital Currency Displacing US Dollar as Global Reserve
23.8.2019
BOE governor Mark Carney called on Friday for the creation of a wholly digital alternative to the U.S. dollar
The Push to Kill Cash – Australia’s Proposed Ban Shows It’s Not Conspiracy Theory
23.8.2019
The supposed coordination of governments and tech companies to create a one-world, cashless society is often viewed as little more than fodder for silly Youtube conspiracy videos. After all, cash is still king in daily life, even in extremely high-tech, innovative societies like Japan. Upon closer...
Report: Rwandan Central Bank Looks to Issue Official Digital Currency
23.8.2019
The National Bank of Rwanda is looking into prospects for launching an official digital currency
Rwanda’s Central Bank Is Researching a Possible Digital Currency Launch
22.8.2019
The National Bank of Rwanda (NBR) is looking at other countries, specifically Canada, the Netherlands, and Singapore’s central bank digital currency research