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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...
8 Irate Quotes From Officials Who Hate Facebook’s Digital Currency
27.6.2019
The best thing about Facebook’s proposed digital currency isn’t its BTF consensus algorithm, account-based data model or single Merkle tree structure. No, the greatest thing about Libra has to be the triggered reactions from politicians and bankers who can sense the rug being pulled...
Market Rebound Boosts Adoption of Cryptocurrencies for Payments
27.6.2019
The use of digital assets to make payments is growing, according to a recently published study. It reveals that cryptocurrency’s role as a viable means of payment has been expanding and this year’s market rebound has increased the turnover of crypto payments. The report suggests that...
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...
Ledgerx Approved to Offer Regulated Bitcoin Derivatives to Retail Investors
26.6.2019
The U.S. Commodity Futures Trading Commission has approved Ledgerx to offer physically-settled bitcoin spot and derivatives trading, previously available only to institutional investors, to retail investors of any size. Ledgerx explained that its new platform will share the same order book as...
Philippine Central Bank And CEZA Approves 48 Cryptocurrency Exchanges
25.6.2019
The number of permitted digital currency exchanges are increasing in the Philippines. Now they are competing with Japan in supporting the digital currency exchanges. Recently the central bank of the country, BSP has approved 11 new cryptocurrency exchanges, in addition to 37 exchanges approved...
Fake Websites Tries To Steal The Investors’ Attention From Libra
25.6.2019
Facebook has a massive presence in most of the developing economies. In some parts of the world, it is synonymous to the internet. Seeing this enormous presence, some envious money makers tried to draw the attention of Libra enthusiast with fake websites. Until now, Libra has not been launched...
48 Cryptocurrency Exchanges Now Approved in the Philippines
25.6.2019
The number of approved cryptocurrency exchanges has been growing in the Philippines. In addition to 11 operators registered by the central bank, the Bangko Sentral ng Pilipinas, there are 37 other crypto exchange operators licensed by the government-owned Cagayan Economic Zone Authority. Also read:...
Bitcoin Price Analysis: Bitcoin (BTC) Is No Less Than A Sensational Currency
24.6.2019
Bitcoin the anchor of the crypto market crosses $11,000, while currently ranging between $10,600 to $10,950. Facing a sway between the said range certainly will take days for BTC price to trade above $11,000 persistently. It was 15 months ago when BTC had manifested an $11,000 price mark. Now that...
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...
Markets Update: Digital Currency Economy Surpasses $300 Billion
21.6.2019
Digital currency prices have spiked considerably in the last 24 hours and bitcoin core (BTC) stopped short about $70 in an attempt to cross the $10K price zone. Most cryptocurrencies are up between 2-8% on Friday, June 21 and the entire cryptoconomy surpassed $300 billion. Also read: These...
Indian Government Shed Light on Proposed Crypto Regulation
21.6.2019
Since leaked information regarding India’s cryptocurrency bill emerged, there have been constant discussions about what it entails. Four different government bodies have been asked about their involvement in the drafting of the bill. South Korea went through a similar situation, causing...
What Is Libra? Breaking Down Facebook’s New Digital Currency
20.6.2019
Facebook’s Libra could have a significant impact on crypto’s mainstream viability. See what industry experts are saying
Facebook Is a Threat to Governments Not Crypto
20.6.2019
The moment Facebook released the whitepaper for its planned Libra coin, social media was flooded with claims about Zuckerberg’s new drive to take over the cryptocurrency market, with some even calling it a Bitcoin killer. However, looking at the actual details of the plan, it has little to...
Bitcoin Surpasses Russian Monetary Base To Become The World’s Eighth Largest Currency
20.6.2019
Bitcoin is now the world’s largest currency in terms of market capitalization. It is now bigger than Russia, Canada, Australia, South Korea, Norway, and many developed countries. Bitcoin currently has a market cap of over $162 billion at the present prices. However, by the end of this year,...
HAYVN Got The In-Principle Approval (IPA) From FSRA
19.6.2019
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi has given the In-Principle Approval (IPA) to HAYVN. With this IPA, the Over the Counter (OTC) and custody platform-HAYVN can now carry out a digital currency platform in Abu Dhabi Global Market London, Abu Dhabi. The platform announced...
Indian Startup Launches Crypto Trading Strategy Marketplace
19.6.2019
An Indian startup has launched a marketplace for algorithmic trading strategies. Investors can choose a strategy based on factors such as past performance, cryptocurrencies invested, and time frames. The platform also offers a drag-and-drop tool for traders to build their own strategies without...
Facebook Releases Cryptocurrency White Paper for Libra Currency
18.6.2019
Social media giant Facebook has released the technical specs for its long-awaited cryptocurrency, dubbed Libra
Policymakers Meet to Finalize Global Crypto Guidance – A Look at Standards G20 Supports
18.6.2019
The Financial Action Task Force has kicked off its meeting to discuss global cryptocurrency regulations which the G20 countries have committed to follow. Meanwhile, the crypto industry has raised concerns regarding some recommendations, and a meeting has been set up to coincide with the G20 summit...
Russia’s Central Bank Is Considering Launching a Digital Currency
17.6.2019
The head of Russia's central bank has said the institution is investigating the possible future launch of a digital currency