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Kyrgyzstan Proposes a Law to Tax Cryptocurrency Mining After Banning The Same In 2014
1.9.2019
According to reports from the regional news outlet Kabar, the Ministry of Economy of the Kyrgyz Republic has submitted a draft law “On Amending the Tax Code”. The law will introduce taxes on cryptocurrency mining activities. Back in July 2014, the central law authority of the country had explicitly...
Should Crypto Stay Decentralized or Are CBDCs Better? Experts Answer
1.9.2019
Government-backed digital currencies or decentralized cryptocurrencies? Industry experts weigh in
India Announces Multiple Mega-Mergers of State-Owned Banks in Latest Attempt to Spur Growth
31.8.2019
India is one of the handfuls of nations in which publicly owned banks still make up the major chunk of the financial system and while it has its merits, it has its demerits as well. In recent years, some of the biggest public sector banks in the country have been encircled with bad loans...
Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder
31.8.2019
Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. Bitfinex shareholder Zhao Dong...
Is Blockchain Payments Integration in Messenger Apps Good for Crypto?
30.8.2019
While some analysts expect platforms like Libra to bolster crypto adoption, others fear the centralization of blockchain payments
German Cabinet and Bundesbank Are in Close Communication on CBDC Issues
30.8.2019
The German Cabinet and Deutsche Bundesbank are working together on the issue of CBDCs
Germany’s Bitwala Launches All-In-One Mobile Bitcoin Bank App
30.8.2019
Bitwala launches smartphone banking with integrated Bitcoin wallet and trading for 30 European countries
Analysts Project Tough Times Ahead for Banks After Gloomy Bank of America Forecasts
30.8.2019
More often than not troubles in the banking sector do not only ever stay restricted with one bank, unless of course, the issue is specific to the bank. For instance, if a bank loses its way due to risky investments, then it might not affect the whole sector, but when the issue becomes a structural...
People’s Bank of China Denies Media Reports About Launching State-Backed Cryptocurrency
30.8.2019
Recently, the People’s Bank of China, known as the Central Bank of the nation, has confirmed that the bits of gossip regarding the launch of a state-backed cryptocurrency is false. The declaration was made in the report by The Global Times, the official paper of the Communist Party of China...
More Crypto Regulations for Japan as Bank Reveals Wallet Plans
30.8.2019
Japan’s regulatory Financial Services Agency (FSA) looks set to beef up its policing of the country’s cryptocurrency exchanges.
Per a report from Japanese media outlet Crypto Watch, the FSA wants to revise more laws and bolster cooperation with overseas authorities.
Exchanges will be cheered by...
Report: No Bank Account Needed to Transfer China’s Upcoming CBDC
30.8.2019
The upcoming China CBDC will be available to users without bank accounts, says Binance Research
China’s Digital Currency Will Be Two-Tiered, Replace Cash: Binance
29.8.2019
Binance claims the PBOC’s system will allow fund transfers without the need for a bank account using what it terms ‘decoupled’ banking
Stablecoins Vulnerable to Regulatory Uncertainty: European Central Bank
29.8.2019
The European Central Bank says stablecoins with clear governance may be hampered by regulation uncertainty
Chinese Central Bank ‘Crypto’ Not Launching in November: State Media
29.8.2019
Chinese state media: central bank says reports that its state-backed crypto will launch in November are “inaccurate speculation”
Binance Research Presented a Report on CDBC Proposed Digital Ledger
29.8.2019
The market analysis and research arm of Binance, Binance Research, has presented a report on the CDBC (Chinese Central Bank Digital Currency), the proposed digital currency by the People’s Bank of China. Further, in the report, titled “First Look: China’s Central Bank Digital...
Crypto Can Boost Indian Economy – How Banning Will Hurt it
29.8.2019
The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. Meanwhile, the Indian crypto community...
Switzerland’s First Licensed Crypto Bank is Eyeing Singapore Next
28.8.2019
After sealing a license in Switzerland, crypto firm Sygnum is pursuing the same in Singapore
Why Regulation Is the Best Thing for Crypto
28.8.2019
Regulation is coming to the crypto space and we should embrace it. Do you agree?
Macquarie of Australia Set to Raise $675 Million to Invest in Renewables and Tech
28.8.2019
Tech and renewable energy are two sectors that are expected to be much bigger in the years to come, which is why some of the biggest investment banks in the world are getting into the sectors in a big way. Tech is already big, but the scope of growth is still immense, while renewable energy...
Unconfirmed: Eight Institutions to Get China’s Digital Currency First
28.8.2019
China will reportedly give eight organizations including Alibaba the first crop of its digital currency