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Indian Supreme Court Heard Crypto Case in Depth Today
8.8.2019
The Indian supreme court finally heard the crypto case today after postponing it several times. The court addressed the government’s crypto policy as well as the writ petitions challenging the banking restriction by the central bank. The latter was heard in some detail while the former...
Commerzbank Decides to Lift Loan Provisions due to ‘worsening’ Economic Conditions
8.8.2019
The German economy, which is the largest in Europe and one of the largest in the world, has been going through growing pains over the past few quarters. In such a situation, the country biggest banks have also had to go through their share of pain, and in this regard, banking giant Commerzbank...
Crypto Tax Bill Introduced in the US House of Representatives
7.8.2019
A U.S. lawmaker has introduced a bill that, once law, would free up cryptocurrencies from double taxation under current regulations
Seoul to Release Native City-Wide Crypto as Part of Smart City Development
7.8.2019
The South Korean capital is looking to release a native city-wide digital currency dubbed S-coin to encourage citizens to participate in the city’s governance
Online Sentiment Toward Crypto Market in 2019 — Attitudes Are Positive
7.8.2019
Barring some mainstream media articles, most crypto-oriented content online present the industry in a good light, social media platforms driving sentiment change
Shenzhen Issued 6 Million Blockchain Invoices in 12 Months
7.8.2019
Shenzhen issued nearly 6 million blockchain invoices with a total value of $553 million since inception in August 2018
South Korea to Bring Crypto Exchanges Under Direct Regulation
7.8.2019
The Financial Intelligence Unit of South Korea's Financial Services Commission has revealed plans to bring cryptocurrency exchanges under its direct regulation
From Spartacus to Satoshi: A Brief History of Economic Rebellion
7.8.2019
Government dominance of human beings via slavery and violent economic oppression is as old as government itself. For thousands and thousands of years kings and rulers, usually held to be “appointed by God,” have used free, non-violent individuals as their tax farm livestock to exploit...
Indian Tax Authority Sends Probing Questions to Crypto Owners – Experts Weigh In
7.8.2019
As the Indian government deliberates on the country’s crypto policy, the tax authority continues to send out letters with lengthy, probing questions to crypto owners. News.Bitcoin.com talked to industry experts to find out the implications of these letters, what people can do when receiving...
UK’s Tax Authority Requests User Data From Crypto Exchanges: Report
6.8.2019
UK tax service has reportedly requested that crypto exchanges provide it with user info to track down tax evasion
Thailand Government Plans to Amend AML Laws to Prevent Illicit Activities using Cryptocurrencies
6.8.2019
Regulator of Thailand declared that the controller would make changes in the regulation to avoid crypto use for unlawful operations, a local news outlet said. Besides, he declared that AMLO would concentrate on revising existing anti-money evasion regulations to counteract the utilization...
US Freezes Maduro Gov’t Assets as P2P Bitcoin Volume Soars in Venezuela
6.8.2019
In a major escalation against socialist president Nicolás Maduro, Donald Trump’s administration has frozen all Venezuelan government assets
Volvo Uses Blockchain to Source Recycled Cobalt for Its Car
6.8.2019
The car manufacturing giant Volvo cars, owned by Geely Motor group, the Chinese automotive group has recently announced about their new vehicle. The new vehicle is the first electric car that is built with recycled cobalt and is mapped on the blockchain. Formerly the car company was a part of Volvo...
Scam IRS Letters Trying to Trick Cryptocurrency Users to Pay Up
6.8.2019
Scam letters purporting to be from the United States Internal Revenue Service are trying con cryptocurrency taxpayers and others out of their funds
US Federal Reserve Launching Payment System, Crypto Bulls Nonplussed
5.8.2019
The U.S. Federal Reserve is planning to release a real-time payment and settlement service in order to boost the payments infrastructure in the country
How Governments Steal Your Money and Conceal It Through Inflation
5.8.2019
Dozens of countries all over the world have used the same trick called redenomination to hide how they have stolen their own citizens’ money through inflation or hyperinflation. The next nation to try this economic sleight of hand is the government of the Islamic Republic of Iran. Also Read:...
UK Data Protection Watchdog Raises Concerns Over Facebook’s Libra
5.8.2019
The U.K.’s data protection watchdog is seeking details on user data protection protocols within Facebook’s Libra project
The Modern Era of Free Range Slaves: How Bitcoin Breaks the Mold
3.8.2019
In a string of recent Tweets, 2020 Libertarian presidential candidate and fugitive from the law John McAfee has been talking about slavery. Urging people to “wake up” and assuring them that neither compliance with the status quo, nor stacks of riches, can set them free. Indeed, when...
US Regulator Plans to Outsource Running Cryptocurrency Nodes
2.8.2019
A recently published document reveals that the U.S. Securities and Exchange Commission (SEC) has plans to hire contractors to run specific cryptocurrency full nodes for the government agency. According to the SEC documentation, the regulator wants third-party contractors to run nodes for Bitcoin...
Indian Government Updates Parliament on Crypto Plans
1.8.2019
The Indian parliament has repeatedly asked the finance minister about the government’s plans for cryptocurrency. In July alone, the Ministry of Finance answered three sets of questions: two in Rajya Sabha, the upper house, and one in Lok Sabha, the lower house of the parliament. Also read:...