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Philippine ‘Crypto Valley of Asia’ to Get Own Airport


The Philippines has a “Crypto Valley of Asia,” an initiative of the Cagayan Economic Zone Authority, the government agency responsible for managing the Cagayan Special Economic Zone and Freeport. An airport is now being planned for inside this economic zone to address the needs of...

Honk Launches Token Sale to Fund SLP-Powered Sports Betting Site


The team behind one of the most active tokens in the SLP ecosystem is launching a crowd sale to fund the development of a new sports betting site. The platform will require no identification from either users or investors, and will pay dividends directly in bitcoin cash and a number of supported...

Turkey Prepares to Increase Oversight in the Crypto Space


Turkish authorities, alarmed by the spread of cryptocurrencies in the country, are reportedly ramping up efforts to introduce greater oversight into the sector. Local media revealed that regulators are under pressure to increase supervision in 2020 because of the growing popularity of decentralized...

Telegram News is a 'Massive Blow' to TON Investors


Instant messaging giant Telegram confirmed that its TON Wallet will not be integrated with their messenger service, prompting comments that this is a "massive blow to TON investors." "At the time of the anticipated launch of the TON Blockchain, Telegram’s TON Wallet application is expected to...

Ripple’s Price Jump Gets Investors Fidgety; Hits New Weekly High


XRP has tested the resistance level of $0.21 for the first time after mid-December Ripple has just formed a bullish candle after it corrected down a bit near $0.20 The bullish momentum may remain intact if the coin manages to stay above $0.20 RSI is set to enter the neutral zone after it explored...

Telegram Rejects SEC Request to Hand Over Bank Records for TON


Telegram Group, the company behind the TON blockchain project, has reportedly refused to share information with the SEC showing how much it spent of the $1.7 billion raised from investors in the past couple of years and where. In a recent court filing, the securities regulator alleges that Telegram...

Ticker Tool Uses the BCH Blockchain to Provide Reliable Rate Data


Instantly verifiable, unhackable and forever retrievable are some of the key features of information stored on a blockchain. These are also the characteristics that traders of various assets, commodities and currencies would appreciate when it comes to the price data they are using. The team behind...

Government Confirms Crypto Profits Not Taxable in South Korea


South Korea has confirmed that income tax cannot be levied on individual investors’ profits from crypto transactions under the current tax law. The government, however, is reviewing international trends and the approaches of major countries to crypto taxation in an effort to amend...

Cloud Token and the Rise of MLM Crypto Projects


Chinese law enforcement recently busted 72 individuals connected to the Cloud Token (CTO) scam. The Ponzi was similar to the Plustoken fraud and CTO scammers made off with $500 million. According to regional press, the CTO scam artists are likely connected to the Plustoken swindlers. Moreover...

Harsh Laws Make Bitcoin Holders Consider Renunciation or Dual Citizenship


As digital currencies become a mainstay in society, a great number of governments have enforced strict tax guidelines, severe money transmission rules, and tough regulations. Because of a few nation-states’ harsh rules against cryptos, there are individuals who plan to renounce their...

Hedera Hashgraph Postpones HABR Token Distribution to Investors


Having established itself as a leading distributed ledger technology platform using the asynchronous Byzantine Fault Tolerance consensus algorithm, Hedera Hashgraph has announced that it has postponed the issuance of Hedera tokens with a view to bringing stability in the price of the digital assets...

Getting In and Out of the Cryptocurrency Economy Can Be Costly


Since bitcoin and digital currencies have become popular, fiat on and off-ramps have sprung up that allow investors to enter and exit the cryptoconomy. However, many of the entryways into cryptocurrency markets have a hefty fee between 1-4% of the overall purchase and in order to obtain fiat...

Thomson Reuters Launches Crypto Tax Tool


Tax authorities around the world are increasing their focus on crypto transactions and companies are rushing to help investors navigate the unclear regulations. The latest example is Thomson Reuters which has added a new tool for American tax payers to report crypto dealings to the IRS. Also Read:...

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