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More Than Third of Investors in US Ready to Invest in Bitcoin, Says Grayscale Investments Survey
29.7.2019
Bitcoin was intended as currency, rather than an investment tool. However, it ironically has become one of the most preferred investment options in the world. As per a new survey by Grayscale Investments, about 36% of the investors in the United States are willing to invest in BTC. That means...
Binance CEO Changpeng Zhao Speaks Exclusively With CryptoNewsZ
29.7.2019
Changpeng Zhao, known as CZ, is a serial entrepreneur with an impressive track record of successful startups. He launched Binance in July 2017 and within 180 days, grew Binance into the largest cryptocurrency exchange in the world. CZ is a Chinese-Canadian coder who spent his youth flipping burgers...
Crypto Finance: Decentralized Lending Soars, Staking Gains Traction
29.7.2019
Despite having been around for quite some time already, decentralized lending services may now finally be about to break into the mainstream – at least within the cryptoverse – a new report suggests. Moreover, crypto staking is another income-generating practice that is gaining traction in...
Crypto-Focused Finance App Aximetria Wins License From Swiss Regulator
29.7.2019
Aximetria, a firm offering a personal finance app for fiat and cryptocurrencies, has been awarded a financial intermediary license in Switzerland
Iran’s Government Gives the Official Nod to Crypto Mining
29.7.2019
Cryptocurrency mining is now an official industrial activity in Iran after winning approval from the country's cabinet
Ripple Writes Open Letter to Government, Asks for Fair Crypto Regulations
29.7.2019
Leading crypto-blockchain network Ripple has penned an open letter to the US Government, requesting fair regulation of the crypto industry. The letter comes as a response to the growing dissent in the government regarding digital currencies, especially after social media giant, infamous for several...
New Singapore Crypto Tax Rules Could Help it Compete with Hong Kong
29.7.2019
Cableway trip in Sentosa Island, Singapore. A PwC analyst says that new tax regulations could provide cryptocurrency exchanges and initial coin offering (ICO) issuers based in Singapore with a boost as the country chases down Hong Kong.
Both Hong Kong and Singapore have been wooing Asian...
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...
Ripple Execs Urge Congress to Recognize Differences of Crypto Assets
29.7.2019
In an open letter to the U.S. Congress, Ripple executives urged the lawmakers to support crypto regulation that does not disadvantage U.S. companies and does not paint crypto assets with "a broad brush."
"We urge you to support regulation that classifies digital currencies in a way that...
Crypto Community Calls for Decentralized Login and Storage System, As GitHub Bans Iranian Developers
29.7.2019
Iranian software developers wake on Sunday to only find that they have been blocked by GitHub, citing the ongoing sanctions on their country by the United States. The world of crypto also seems to be worried and has called for a decentralized alternative to avoid such cruelties. Blockstack...
Is China Rethinking its Crypto-crackdown?
29.7.2019
China effectively closed its door to cryptocurrencies in September 2017, when it banned cryptocurrency exchanges and initial coin offerings (ICOs). But almost two years later, is Beijing slowly starting to rethink its policy?
Officially, nothing has changed. However, recent developments in...
Crypto Is Part of Free Speech, and Free Speech Is Everything
29.7.2019
On July 23, U.S. Attorney General William Barr gave a speech demanding big players in the tech industry work with government agencies in providing backdoor entry points for encrypted devices and software. Per his reasoning, certain devices and messaging services pose a safety threat by providing...
Market Outlook: Crypto Prices Consolidate as Economic Uncertainty Looms
28.7.2019
Digital currency markets have been meandering sideways for a few days as most of the top crypto prices have been consolidating. Some traders believe there will be a big bullish rise after the current slump, while others think crypto prices may sink even lower. Amidst the crypto market uncertainty...
Unbanked for Buying Bitcoin: How the Financial System Criminalizes Crypto
28.7.2019
When we think of the unbanked, we envisage citizens of developing nations who lack the means and documentation to obtain access. But you don’t have to be a Mongolian goat herder to find yourself financially excluded. In the West, relatively affluent citizens are having their banking services...
Five of the Most Important Use Cases for Cryptocurrency
28.7.2019
Crypto assets have come a long way since Bitcoin. What started out as a P2P payment system has spawned an array of use cases that extend far beyond the original designation of cryptocurrency. While the primary function of crypto assets such as ETH and BTC is a matter of some debate, what’s...
Over 97% Americans Not Willing To Use Facebook’s Libra, Says New Survey Report By Viber
28.7.2019
Facebook has enormous expectations from its highly anticipated crypto project Libra, which was unveiled on June 18. However, the world has seen more critics than supporters of the project. With regulators across the globe criticizing Facebook’s dream project, the road seems quite difficult ahead....
Trump Administration Sues Notorious Crypto Exchange BTC-e for $100 Million
27.7.2019
Trump Administration has filed a lawsuit of $100 million against infamous Bitcoin exchange BTC-e, and its owner, Alexander Vinnik, in a district court in Northern California. The suit has been filed accusing the exchange of providing crypto services to US residents without complying to the laws...
US Authorities Start Tightening Grip On Crypto Trade, Send Notices To Cryptocurrency Owners
27.7.2019
The crypto trade finally seems to be falling in regulation in the US, as authorities start to tighten their grip on crypto trade and digital currency owners. In a statement released on Friday, the Internal Revenue Services (IRS) of the US said that it has started sending letters to crypto owners...
Magnum Wallet Announces Support For NEM Tokens On Hardware Wallet Trezor
27.7.2019
Crypto wallet has announced that it has completed integration with leading hardware wallet Trezor for NEM crypto project. It said that XEM token holders will be able to use the Trezor wallet with Magnum’s interface. We are glad to announce that @NEMofficial holders will be able to manage $XEM...
Crypto Exchanges Are Benefiting from Algorithmic Trading: Here’s How
27.7.2019
Matthew Trudeau, chief strategy officer at crypto asset exchange ErisX, responds to a recent article on high-frequency trading by CoinDesk