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IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users
9.7.2019
A recently published U.S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through social media posts...
Bitcoin Marketplace with 300 Payment Methods Integrating into Large Crypto Exchange
9.7.2019
A crypto trading platform says it is joining the “fast-growing peer-to-peer financial revolution” by integrating a peer-to-peer marketplace that offers more than 300 ways of buying Bitcoin #CT_sponsored #SPONSORED
LG Applies for ‘ThinQ Wallet’ Crypto Wallet Trademark in the U.S.
9.7.2019
LG, a South Korean technology behemoth, applied for the “ThinQ Wallet” trademark for a digital wallet
Money Laundering Scandals Bring Court Charges and Record Job Cuts to Euro Banks
9.7.2019
The international financial establishment is known to express concern about the risks of money laundering when the crypto space is mentioned. A string of scandals indicates, however, that traditional banks are not only susceptible to the phenomenon but sometimes complicit, whether knowingly...
Fidelity International Is Exploring Blockchain Through Crypto Testing
9.7.2019
Fidelity International, the renowned provider of investment services, has begun exploring blockchain as well as the way customers perceive digital currencies. This endeavor has been undertaken by the company’s Asian and European branches where they have introduced the latest trading simulator...
Bitcoin Price Analysis: BTC Price Uplifts the Crypto Market with Its Bullish Price Actions
9.7.2019
Bitcoin sees downward price action near $12820.29 BTC price rebounds above $12500 with a steady pace Bitcoin is still above $12k, though faces a few downward corrections Bitcoin is experiencing a Bull Run since yesterday, where it traded above $12000 breaking major resistance levels near $11400....
Polish Crypto Exchange BitMarket Shuts Down Citing Liquidity Loss
9.7.2019
A message appearing on its official website announces that Polish cryptocurrency exchange BitMarket is shutting down its activities
Cardano (ADA) Doubles Down On Liquidity As It Sets Sights On Institutional Backing
9.7.2019
When Cardano (ADA) was launched in 2017, the market had high hopes about its potential to unlock the mass-market adoption of cryptocurrencies through a scientific philosophy and a research-first driven approach that might attract institutional investors. Cardano is yet to break away from...
KuMEX, Platform For Derivatives Trading By KuCoin, Now Goes Live
9.7.2019
The digital currency exchange KuCoin, backed by IDG, announced the public beta introduction of its dedicated platform for derivatives trading, KuMEX, officially on Monday 8th July. According to the official press release, KuMEX will be initially opening the Bitcoin Perpetual Contract (XBTUSDM)....
This is How the U.S. Taxman is Looking for Your Crypto
9.7.2019
Source: iStock/D-Keine
A set of slides allegedly prepared for agents working with criminal investigations in the Internal Revenue Service (IRS) – the tax authority in the U.S. – is shedding more light on how the government is going after crypto users who are suspected of engaging in tax evasion...
Crypto Friendly Regulation can Help UK Brexit, Says $10 Billion Advisory Giant
9.7.2019
Britain should not miss the chance to get ahead of E.U. on crypto after Brexit, says deVere
110 Cryptocurrency Exchanges Want to Launch in Japan – A Look at Recent Changes
9.7.2019
Following G20 meetings, where Japan led several discussions regarding crypto assets, the country’s top financial regulator told news.Bitcoin.com that 110 crypto exchanges are now interested in launching in Japan. The country recently passed a new cryptocurrency bill, and some approved crypto...
StellarX Lists Fiat Backed XLM Offered By Token.io With Support From Its Founder
9.7.2019
Crypto Exchange StellarX announced on Monday that it has listed XLM offered by Token.io, backed by fiat currencies in 1:1 ratio. The listing was done with support from Token.io founder and CEO Steve Kirsch. We're excited to announce that we've recently listed new 1:1 fiat backed XLM tokens...
The Crypto Market Sentiment Improved, More Gains Likely
9.7.2019
In the past three sessions, bitcoin price gained significant bullish momentum from the USD 11,400 support base. BTC/USD broke the key USD 12,000, USD 12,200 and USD 12,500 resistance levels to move into a positive zone. Looking at major altcoins, ethereum and bitcoin cash showed positive signs,...
Crypto Industry in Numbers: How Does Q2 2019 Compare to the Past
9.7.2019
Beyond the bitcoin rally, the blockchain industry pulled off a spectacular performance in the second quarter of the year
Polish Crypto Exchange Bitmarket Suddenly Shuts Down
9.7.2019
Polish cryptocurrency exchange Bitmarket has just shut down without warning, citing "loss of liquidity."
Bittorrent, Tron Launch Crypto-Powered 'Speed’ Downloading Software
9.7.2019
Peer-to-peer torrent client BitTorrent has launched its downloads optimization software, BitTorrent Speed, with native token functionality
SEC And FINRA Releases Statement On Crypto Custodian Delay
9.7.2019
U.S. Securities and Exchange Commission (SEC) has to bear a lot of stress from digital currency firms for delaying the approval of the proposals on Crypto Custodian. In the last few months, SEC has received many applications from the crypto firms for broker-dealer and exchange-traded funds. Both...
SEC & FINRA Announce New Rules for Crypto Brokers
9.7.2019
Two of America’s top financial regulators, the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) have announced that brokers looking to offer cryptocurrency securities will have to comply with existing securities laws, including customer protection...
US SEC and FINRA Issue Statement on Crypto Custody Issues
8.7.2019
The U.S. SEC and FINRA issued a joint statement on compliance issues for cryptocurrency custodians