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Uzbekistan Prepares Crypto Tax Exemptions, Launches Licensed Exchange
22.1.2020
A new presidential decree in Uzbekistan envisages the introduction of tax exemptions for income obtained from operations involving crypto assets. The draft document published recently also incorporates proposals for the establishment of a blockchain valley and licensing regime for cryptocurrency...
Why User Experience Is Crypto’s True ‘Killer App’
21.1.2020
There’s been a lot of buzz in the space recently about the importance of user experience. Kim Dotcom’s proclamation that “Mass utility is going to lead to mass adoption,” speaks to this. Peter Schiff’s bitcoin wallet fiasco, CZ’s claim that centralized exchanges...
In First ‘Pure Crypto’ Hire, Silvergate Bank Recruits Blockstream Liquid Network Exec
21.1.2020
Benjamin Richman, formerly director of business development and partnerships at Blockstream, will help the crypto-friendly bank pursue its ambitious goals for serving the crypto industry
UK Tax Agency to Pay $100K for Blockchain Surveillance Software
21.1.2020
On January 17, the UK tax agency Her Majesty’s Revenue and Customs (HMRC) published a job opportunity for a private contractor to design a cryptocurrency blockchain analysis tool. According to the listing, the contract is for one year and HMRC will pay the contractor $100,000 for software...
Huobi Debuts Crypto Brokerage as Its Institutional Arm Grows 400% Since Q3 2019
21.1.2020
Huobi launches a new institutional traders-targeting crypto brokerage as its institutional business surged 400% since Q3 2019
Merchants Can Now Accept XRP Via Crypto Payment Processor BitPay
21.1.2020
If $XRP is burning a hole in your pocket you can now spend it at retailers served by BitPay (along with $BTC, $BCH or $ETH)
Square Crypto Is Creating a ‘Lightning Development Kit’ for Bitcoin Wallets
21.1.2020
Square Crypto is hoping to galvanize Lightning development with a new tool kit, currently under construction
Crypto News Roundup for Jan. 21, 2020
21.1.2020
Join CoinDesk Podcast Editor Adam B. Levine and Senior Markets Reporter Brad Keoun for a daily, time saving rundown of top news impacting crypto markets today
Mexican Firm Offers Crypto in Exchange for Presidential Plane
21.1.2020
The state-owned Boeing 787 for sale. Source: a video screenshot, Youtube, Mexicoaeroespacial
A crypto exchange operator in Monterrey, Mexico, has launched an audacious crypto-powered bid to buy the country’s presidential aircraft for USD 138 million worth of tokens and a large swathe of land.
The...
RBI Confirms Crypto Not Banned in India
21.1.2020
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in...
Six Major Central Banks to Collaborate on Digital Currency Research
21.1.2020
The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland and the Bank for International Settlements created a CBDC research group
Popular Crypto Wallet Imtoken Adds Bitcoin Cash Support
21.1.2020
Consistently among the top digital assets in the world by market cap, Bitcoin Cash is accepted by most crypto service providers and the list just keeps growing. The latest platform to add BCH support is the popular crypto wallet with over 10 million downloads, Imtoken. Also Read: Bitcoin.com...
FCA’s New AML Regime – UK’s Crypto Market Will Have to Adapt in 2020
21.1.2020
The FCA has officially taken over as the ALM/CTF supervisor for the U.K., but what ramifications will this have on the wider crypto industry?
Fast Crypto Loans at Low Rates Now Available With Bankera
21.1.2020
The blockchain technology, which underpins cryptocurrencies such as Bitcoin, remains a force to be reckoned with as it continues to propel major advancements in the financial sector. Get this; the crypto-lending industry has grown to a lucrative $5 billion market in just a couple of years....
South Korean Bankers 'Fear' Starbucks Crypto Threat
21.1.2020
A report from South Korea claims that bankers in the country are concerned about the rise of an unexpected crypto threat – American coffee shop chain Starbucks.
Per the Korea Times, banking professionals have theories about the company’s digitization plans, and worry that they will fall behind when...
WEF’s Blockchain ‘Bill of Rights’: Is Crypto Regulation Imperative?
21.1.2020
The Blockchain and Distributed Ledger Technology team at the World Economic Forum (WEF) announced that it is creating a ‘Blockchain Bill of Rights: Design Principles for a Decentralized Future,’ to be presented at the international organization’s Annual Meeting in Switzerland from January 21–24....
Crypto Enthusiast’s Day-by-Day Guide to Davos (Part 2)
21.1.2020
Yesterday we shared a blockchain/technology-centered events guide of Davos, with a myriad of crypto and blockchain-related discussions, even an award ceremony. Now, we'll look into the main program at Word Economic Forum (WEF) that started today.
The program listed on WEF’s main site is grouped...
Indian Minister Inaugurates Blockchain Center of Excellence in Bengaluru
21.1.2020
A Centre of Excellence in Blockchain Technology has been inaugurated by Indian Union Minister Ravi Shankar Prasad in Bengaluru. It will facilitate various government departments in their blockchain work, leading to large scale deployment of blockchain applications. Also read: Regulatory Roundup:...
Do Custodians Wield Undue Influence on Crypto Market Prices?
21.1.2020
Noelle Acheson warns of the consolidating power of crypto custodians, and the influence this could have on asset prices
Britain’s Tax Agency Cracking Down on Crypto Tax Evasion
21.1.2020
Britain’s highest tax authority, Her Majesty’s Revenue & Customs (HMRC), has issued a request for blockchain analysis tools. The main goal, per the request, is to find and implement technology that allows the government to track and tax cryptocurrency users.
The problem facing the British...