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British Tax Authority Updates Cryptocurrency Guidelines, Says It Is Not Money
3.11.2019
Her Majesty’s Revenue and Customs has updated cryptocurrency taxation guidelines for businesses and individuals
Another Chinese Lender Bailed Out After Bank Run
3.11.2019
Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that...
Andrew Yang’s ‘Freedom Dividend’ Is Not Only Unnecessary, It’s Unethical
2.11.2019
Andrew Yang has taken to Twitter in dynamic fashion as of late, advertising his universal basic income (UBI) proposal known as the “Freedom Dividend.” While throwing money at people out of pocket always generates a buzz, there’s a mathematically and ethically broken side to...
French High School Students Will Learn About Bitcoin And Crypto
2.11.2019
The French Ministry of National Education has added a module on Bitcoin and cryptocurrencies to its curriculum
Two Pro-Crypto US Congressmen Note Bitcoin White Paper’s 11th Birthday
1.11.2019
U.S. Representatives McHenry and Davidson have encouraged Bitcoin-powered innovation on the Bitcoin white paper’s 11th birthday
NY Court Orders Veritaseum to Pay Back $8 Million From Illegal ICO
1.11.2019
New York court orders Veritaseum to pay $8.4 million in disgorgement, while its CEO Reginald Middleton is also liable for a $1 million civil penalty
Expert: US Should Cut Crypto Firms Some Slack to Compete With China
1.11.2019
The United States must catch up with China when it comes to central bank digital currency, say analysts
Do You Know the Newspeak of the Looming ‘NIRP’ Economic Meltdown?
1.11.2019
Negative and zero interest rate policy (NIRP and ZIRP) are becoming a new global norm. Endless printing of paper money is said to make economies stronger, while everyday individuals are seeing their savings worth less and less. These policies were traditionally viewed as last ditch, temporary...
Binance Plans New Office in Beijing in First Presence in China Since 2017
31.10.2019
In a possible homecoming to China, Binance plans an office for Beijing
Korean Presidential Committee Pushes to Legalize Crypto
31.10.2019
A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change. Also read: China Ranks 35 Crypto...
Canada Pushes to Regulate Crypto Adoption, Forgoing Volatile BTC Past
31.10.2019
Canadians have been pushing for crypto adoption since 2013 — and now, the Canadian Government is leading working groups at home and in the international community
Regulators Hostile to Bitcoin Will Fall Out of Favor, Warns Samson Mow
31.10.2019
Hostility to Bitcoin is a double-edged for governments, Blockstream CSO said
Tamil Nadu to Present Policies Focused on Blockchain and AI Ethics
31.10.2019
The southernmost territory of the Indian subcontinent, Tamil Nadu, is gearing up to frame out a state-level policy for two globally evolving and celebrated new-age technologies, including blockchain and Artificial Intelligence that are distorting public policy and governance. The officials have...
New IRS Guidance: How to Report Crypto Assets Accurately
31.10.2019
Here is everything you need to know about the IRS new guidance
Malta’s Financial Watchdog Warns of Repeat Offender Bitcoin Scam
31.10.2019
The Malta Financial Services Authority says a Bitcoin scam has resurfaced under a different guise
China: Veteran Regulator Tells Sichuan to Tap Hydropower for Blockchain
31.10.2019
The former vice-chairman of China’s securities watchdog called for Sichuan province to tap its surplus hydropower for the blockchain industry
The Xi Effect – Chinese Government to Fund Blockchain Projects
31.10.2019
Chinese President Xi Jinping’s announcement that the country would invest heavily in blockchain technology – coupled with a sweeping move to remove online posts suggesting such technology is a scam – has nourished optimism long-held by crypto advocates. Of course, the reality...
Association of Prive German Banks Argues for Digital Euro
30.10.2019
Bankenverband, an association of private German banks, released a paper in which it argues for the creation of a digital euro
Five European Union Countries Team Up to Block Libra: Report
30.10.2019
France, Germany, Italy, Spain and the Netherlands have teamed up to encourage the European Union to ban Libra altogether, a new report says
Argentina’s Example Shows That You Don’t Own Your Money
30.10.2019
Cash shortages, bank closures and ATMs running out of funds seems to be the new norm for many countries, and recently increased capital controls in Argentina are further testament to this unsettling trend. Sunday’s election of president Alberto Fernández has resulted in Argentine account...