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Japan Pushes Cashless Agenda by Rewarding Non-Cash Payments After Tax Hike
15.11.2019
Japan’s recent October sales tax increase took the rate from 8% to 10%, the previous such hike occurring in April of 2014, when the rate was raised from 5%. The increase is accompanied this time around by new government policy which rewards cashless payments by allowing merchants to provide...
Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners
15.11.2019
Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday, Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry, described a...
IRS: Like-Kind Tax Exemption Has Never Applied to Crypto Transactions
14.11.2019
U.S. taxpayers have never been authorized to postpone paying tax using the like-kind exchange principle, an IRS official says
Indian Government Programs Add New Crypto Courses
14.11.2019
The Indian government has added new educational courses teaching cryptocurrency and blockchain technology to the public and law enforcement officers. Amid regulatory uncertainty and banking restrictions, cryptocurrency and blockchain technology remain important topics of study in India. Also read:...
EU Must Coordinate Crypto Regulation to Become Global Leader: AFME
14.11.2019
Financial markets advocacy group AFME says Europe must establish a common approach to regulating crypto assets if it wishes to stay ahead of the game
Study: Chinese Blockchain Spending to Exceed $2B by 2023
13.11.2019
One study foresees China's blockchain investments surpassing $2 billion by 2023, with a compound annual growth rate of 65.7%
German Banks Make a Pitch for Government-backed Crypto-based Digital Euro
12.11.2019
The Association of German Banks “Bankenverband,” released a position paper titled, “German banks say: The economy needs a programmable digital euro!” on October 30, 2019, which calls for the creation of a government-approved digital euro and rejection of decentralized cryptocurrencies....
Dubai Government Aims to Digitize 50% of Its Public Services via Blockchain by 2021
12.11.2019
In April last year, after an announcement made by the Vice President and Prime Minister of the UAE, the Government of UAE started to work on the Emirates Blockchain Strategy 2021. This strategy was started to rake in the benefits of blockchain technology to enable 50% of government transactions...
China’s State-Run Media: Bitcoin Is Blockchain’s First Success
11.11.2019
State-run Chinese media has published coverage of Bitcoin, acknowledging it as “the first successful application of blockchain technology.”
Crypto News From the German-Speaking World: Nov. 3-10
10.11.2019
Cointelegraph auf Deutsch presents a weekly digest of developments from the German-speaking world
Her Majesty the Queen Rules Out Crypto as Currency
9.11.2019
HMRC is publishing a new policy paper for individual and business crypto taxes
Entrepreneur Uses Blockchain Technology to Eradicate Poverty in Nigeria
8.11.2019
A young entrepreneur from Badagry in Lagos State, Omota Omotade Sparks Amos Sewanu, has vowed to lift the Nigerians out of the poverty line, by making use of blockchain technology. He has announced this in an open letter to EFCC (The Economic and Financial Crimes Commission). He said that he...
WazirX CEO Nischal Shetty Urges Indian Government to Lend Support for Crypto Industry
8.11.2019
Where on the one hand the world is progressing towards the adoption of digital currencies as the promising tools for lubricating finance and trade, the Indian subcontinent has somehow restrained itself from exploring the arena. The strict restrictions imposed by the topmost banking authority...
Activist Larken Rose Weighs In on Bitcoin, Anarchy, and the Importance of Permissionless Cash
8.11.2019
Though his latest project with partner and fellow activist Amanda Rose, Candles in the Dark, is a program helping people escape authoritarian programming through non-confrontational dialogue, there’s nothing meek and mild about Larken Rose’s stance when it comes to government....
DBS Bank Partners with Singapore Government to Launch Blockchain Trade Platform
8.11.2019
Asian banking giant DBS and multinational commodity trading firm Trafigura Group are tapping blockchain to facilitate global trade
First Blockchain-based Property Registration Project Pilots in South Africa
8.11.2019
The first-ever blockchain-based property registration project has been piloted in South Africa. Conceptualized by the Centre for Affordable Housing Finance in Africa (CAHF), research consultancy 71point4 and Seso Global. The pilot will conduct in 1,000 subsidized houses in Makhaza, Khayelitsha,...
Venezuela President Maduro Touts Trezor Bitcoin Wallet on National TV
7.11.2019
Trezor launches an investigation into the allegedly unlicensed Trezor representatives appearing on Venezuelan national TV
Shanghai Gov’t Partners With 6 Banks on Blockchain Alliance for Trade
7.11.2019
Six banks and the municipal Shanghai government have founded a blockchain alliance to promote the technology’s use in the city’s e-port area
China Removes Bitcoin Mining From Unwanted Industries List
6.11.2019
Inspired by its new fascination with blockchain, China now seems to have changed its mind about cryptocurrency mining. The latest version of a national macroeconomic plan indicates that the government in Beijing has given up intentions to suppress the bitcoin mining industry, in which Chinese...
Binance to Advise Ukraine Government on Upcoming Crypto Regulation
6.11.2019
Malta-based cryptocurrency exchange Binance has agreed to help Ukraine prepare rules for cryptocurrencies