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US to Strictly Enforce Crypto Rules Similar to FATF Guidelines
19.11.2019
The U.S. government will strictly enforce the rules on cryptocurrencies similar to the standards recommended by the Financial Action Task Force (FATF). The Financial Crimes Enforcement Network has reaffirmed that its “Travel” rule applies to cryptocurrencies. Meanwhile, the Federal...
U.S. Gov’t Extradites Alleged Fraudster for Selling Fake Securities for $11 M in BTC
19.11.2019
U.S. extradites man for selling investors shares in gold company that had no gold in exchange for over $11 million in Bitcoin and other cryptos
FEMA Advisory Board Proposes Blockchain to Speed ‘Disaster Dividend’ Payouts
18.11.2019
The NAC argued that blockchain could improve the speed of payouts communities rely on in the wake of natural disasters
Venezuela to Pay Retirees and Pensioners Christmas Bonus in Petro
17.11.2019
The Christmas bonus of Venezuelan retirees and pensioners will be paid in Petro
Iran Central Bank Branch Set on Fire, Crypto Community Follows Events
17.11.2019
The crypto community closely follows the developments as Iran’s central bank branch was set on fire by protesters
Presidential Hopeful Andrew Yang Plans to Regulate Crypto Industry
17.11.2019
U.S presidential candidate Andrew Yang outlines how he intends to regulate the cryptocurrency industry
Cryptocurrency Regulation: An Indian Perspective
16.11.2019
Can we find a safe playground for cryptocurrency innovation amidst regulation? A view of cryptocurrency regulation from an Indian perspective
Indian Parliament Will Not Consider Total Crypto Ban in Winter Session
15.11.2019
The Indian government will not discuss its draft bill on a proposed total ban on crypto in the winter session of Parliament, as was previously planned
Indian Government Introduces New Crypto Courses for Undergraduates
15.11.2019
Cryptocurrencies and blockchain technology have started making a place for themselves in the Indian marketspace. Having covered with stringent regulatory measures and banking restrictions, the Indian government has added a breather for the digital currency niche with the introduction of education...
State-Run Ukranian Railway in Lviv Gets Caught Mining Bitcoin
15.11.2019
A division at a state-owned enterprise of rail transport in Ukraine illegally mined Bitcoin, using the country’s power grid
Indian Government Delays Introducing Cryptocurrency Bill
15.11.2019
The Indian government previously told the supreme court that the country’s cryptocurrency bill may be introduced in the Winter session of parliament. However, the crypto bill is not included in the agenda published by Lok Sabha, the lower house of India’s parliament. This gives...
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.”