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MIT’s Digital Currency Initiative Is Revolutionizing The Crypto Space Through Research And Development
30.5.2019
Massachusetts Institute of Technology launched the Digital Currency Initiative (DCI) in later part of 2018, a time when most the cryptocurrency market was fighting its worst bears since inception ever since DCI has been involved in extensive research and development on digital currencies. The...
Bahamas Central Bank Enters Agreement to Deliver First National Digital Currency by 2020
29.5.2019
The Central Bank of the Bahamas will sign an official agreement tomorrow to develop its digital fiat currency system called “Project Sand Dollar”
European Bank Official Shares Benefits Of Central Bank Digital Currencies, Positive Signs For Industry
29.5.2019
The European journey for cryptocurrencies has been quite dull, slow, and even uncertain at times. Compared to other regions like Asia and South America, Europe has stayed quite cold and unexplored in terms of digital currencies. However, recent developments in Europe are quite encouraging for...
G20 Countries Start Implementing Unified Cryptocurrency Standards
29.5.2019
As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the risks crypto...
Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos
28.5.2019
Cryptocurrencies have been trending upwards in price over the last few weeks, but in certain countries around the world digital assets have become far more valuable. For instance, in Argentina, the nation’s sovereign currency has lost considerable value and cryptocurrencies like BTC...
ECB Official Says Wholesale Central Bank Digital Currency a ‘Viable Option’
28.5.2019
A European Central Bank council member has come out generally in favor of wholesale central bank digital currencies
European Bank Official Discusses Potential Benefits of Central Bank Digital Currency
27.5.2019
A member of the Governing Council of the ECB, Vitas Vasiliauskas, discussed the benefits of central bank digital currency in a recent speech
China Releases New Crypto Rankings
27.5.2019
China’s Center for Information and Industry Development has released its latest rankings of 35 crypto projects that were evaluated over the past two months. While several top positions remain unchanged, Bitcoin has climbed up the overall ranking. Also read: Indian Supreme Court Postpones...
These Tourist Destinations Welcome Bitcoin Cash Enthusiasts
25.5.2019
Spending during the holiday season should be easy but borders, physical and financial, often complicate matters. A world currency that can travel with you and is widely accepted sounds like a good idea. Among cryptocurrencies, bitcoin cash is an ideal candidate, with its low fees and instant...
Facebook Globalcoin: Bitcoin Killer or Bitcoin Multiplier?
25.5.2019
It may sound like a 2014-era shitcoin, but Globalcoin is this year’s most anticipated new digital asset. It doesn’t matter that it’s not decentralized, not permissionless, and not even crypto. The only question that really matters is what does Facebook’s currency spell...
Supreme Court Advocate Suggests How to Regulate Cryptocurrency in India
24.5.2019
An Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake,...
Telecom Giant AT&T Now Accepts Bitcoin Payments
24.5.2019
On May 23, telecom giant AT&T announced that customers can now pay their bills through Bitpay. The firm has become the first major U.S. mobile and landline carrier to accept BCH and BTC for payments. Also Read: US Copyright Office Responds to Craig Wright’s Bitcoin Registrations...
Apple Pay Integrated By Digital Currency Wallet Spend; Google Pay Is Next In Line
23.5.2019
The crypto community now has another way to utilize their digital currencies conveniently. Spend Wallet, one of the well-known digital currency wallet that supports multiple cryptocurrencies, has integrated Apple Pay into its wallet application. That means users of Spend wallet would now be able...
Israeli court says cryptocurrencies are asset not currency and are liable to taxes
23.5.2019
The Israeli court has declared all the digital currencies, including Bitcoin should be considered as a taxable asset rather than currencies as per the report surfaced on 21st May in a local news website. The judgment was delivered to the case in which an Israeli startup founder argued with the...
Israeli Court Rules Bitcoin Is Not a Currency in Court Case Over Taxes on BTC Gains
22.5.2019
An Israeli judge has ruled that bitcoin is an asset and not a currency
Israeli Court Rules Bitcoin Is an Asset
22.5.2019
An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor...
IRS Plans to Issue Guidance on Virtual Currency Taxation
21.5.2019
Internal Revenue Service (IRS) commissioner Charles Rettig has explained to U.S. representatives that the tax department plans to issue clearer guidance toward cryptocurrency taxation soon. Since 2014, Americans have been asking the tax agency for better clarification in regard to official...
Terror Groups Are Increasingly Using Cryptocurrencies, Senior Russian Official Warns
21.5.2019
The director of Russia’s federal security service has warned that terror groups are increasingly being financed through cryptocurrencies
Worsening US-China Trade War Is Behind BTC Price Rise, Digital Currency Group CEO Claims
21.5.2019
The CEO of Digital Currency Group has suggested that the recent rise in bitcoin prices could be linked to the U.S.-China trade war
Binance Research Takes Dig Into The Potential of Stablecoins; Fiat-backed Currencies Could Be The Future
20.5.2019
Binance Research, the research, and analysis arm of the world’s largest crypto exchange Binance conducted comprehensive research on stablecoins. The report released sheds light on the development of traditional assets or fiat-backed digital tokens. It also evaluates the stablecoin initiatives...