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IRS Dispels Crypto Tax Confusion
17.11.2019
The U.S. Internal Revenue Service (IRS) has cleared up some confusion about how cryptocurrency transactions are taxed, particularly regarding like-kind exchanges and promotional airdrops. As the tax agency intensifies its enforcement efforts, more people are seeking the best tax software to help...
ITFC Raises Its Trade Finance and Development Efforts in OIC Countries
12.11.2019
International Islamic Trade Finance Corporation (ITFC) has announced that in the third quarter of 2019, it helped in boosting growth in these nations by financing transactions to the tune of $2.2 billion. It is a significant development and shows the sort of financial commitment that has been made...
Chinese Regulator Investigates Firm’s Blockchain Efforts Amid Stock Surge
5.11.2019
A porcelain firm which pivoted to blockchain last year is under investigation by Chinese regulators after its stock price pumped for five straight days
Bitcoin and Ripple Make Continuous Efforts to Trade Above Nearest Support Levels
4.11.2019
Bitcoin and Ripple, the major drivers of crypto market have been seen dealing with profit after BTC price has been pushed beyond $9,000. The 24-hour movement of both the coins have been quite satisfactory as BTC and XRP currently trade around $9,200 and $0.29 respectively. However, important...
Ripple Boosts Blockchain Advocacy Efforts With New Washington DC Office
22.10.2019
Ripple has opened a new D.C. office and expanded its regulatory team as it seeks to better educate policymakers on blockchain tech
Tax Guide: What Crypto Owners Should Know
14.10.2019
With the rise in price and the growing adoption of cryptocurrencies, more governments worldwide have been ramping up efforts to tax them. Some countries are using extreme measures to get their hands on this new source of untapped revenue, but there are also tax-friendly countries that are...
Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky
12.10.2019
The new administration in Kiev, headed by the young president Volodymyr Zelensky, has brought renewed interest in cryptocurrencies. Fresh energy is now being injected into efforts to legalize decentralized digital money and regulate related economic activities. New draft laws have been proposed...
Microsoft, Intel Back Ethereum-Based Token to Reward Consortium Efforts
7.10.2019
The Enterprise Ethereum Alliance has created a token to incentivize firms to participate in consortiums. The system is backed by Microsoft and Intel
Russia Regulates Digital Rights, Advances Other Crypto-Related Bills
4.10.2019
After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by Western...
European Countries Step Up Response to Facebook’s Libra
16.9.2019
The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments. As Facebook engages Switzerland’s financial regulator, the ECB clarifies how Libra...
Greta Thunberg Joins Satoshi in Questioning Bank Bailouts
12.9.2019
Saving planet Earth is a noble goal with many different dimensions. Climate change needs to be addressed vigorously as our world warms up faster than ever. Economic development needs a higher degree of financial freedom to provide everyone access to opportunities and wealth. A teenager from...
Tech Companies in China Struggle in Their Efforts to Turnaround the Supermarket Industry
5.9.2019
The supermarket sector can be regarded as one of the bedrocks of most developed economies since a large portion of the population shops at one of those establishments at least once a week. However, the way in which the tech sector has managed to revolutionize a whole range of industries in...
Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate
3.9.2019
Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill...
South Korea’s ‘Bit-Island,’ Jeju, Redoubles Crypto Efforts After Losing Regulatory Bid
16.8.2019
Jeju, a small island south of Seoul, is redoubling its efforts to become South Korea's regulation-free Bit-Island after losing out to Busan
India Plans to Introduce Crypto Bill Next Parliament Session – A Look at Community Responses
10.8.2019
The Indian government has submitted a draft crypto bill to the supreme court and expressed its intention to introduce the bill in the next parliament session. The court subsequently set a new date to hear the case relating to crypto regulation. Meanwhile, the Indian crypto community has ramped...
ECB to Increase Online and Offline Efforts to Monitor Crypto Trade and Related Activities
8.8.2019
At a time when regulators across the globe are taking steps to tighten their grips on virtual currencies, the European Central Bank (ECB) has also decided to follow the trend. The ECB will ramp up its surveillance efforts to monitor crypto activities in the region. The apex banking regulatory body...
Bitcoin Price Analysis: BTC Makes Constant Efforts to Top $9500 Stably, Faces Hurdles
30.7.2019
Bitcoin is in an attempt to climb above $9500, though fails to clear resistance BTC recently had a close above $9500, but couldn’t remain there and pulled back near $9490 The coin has recently found support at $9467.95, although it continues to move sluggishly Bitcoin continues to trade bearishly...
Calls Intensify for Indian Government to Regulate Cryptocurrency
29.7.2019
Since the Indian government unveiled a draft bill to ban cryptocurrency, the crypto community has ramped up its efforts to influence the government’s final decision. The community has plans to reach out to parliament members to show them how flawed the crypto recommendations the government...
Ethereum Price Analysis: ETH Making Efforts to Stay Above $215
18.7.2019
Etherereum currently correcting down from $222.04 ETH starts to rebound, currently trying to trade above $215 The coin traces a bullish trend line while having support near $207 Ethereum price is finally showing a positive movement as the coin has found support below $200 and has rebounded from...
Bitcoin (BTC) Makes Constant Efforts To Rise And Cross $11,000; Bouncing Back From The Bears It Was Facing
16.7.2019
Bitcoin was slumping for the past 3 days and is now moving towards having a better outlook. Bitcoin grows above the baseline and has already overcome $10,300 and $10,500 price marks, that served as the major resistances while correcting upsides. As per the current upward momentum, Bitcoin...