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Indian Finance Minister Addresses Crypto Proposal – Industry Responds
31.7.2019
India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed...
Despite Ailing Current Prices, CNBC’s Joe Kernen Predicts $55,000 BTC Price By Next Halving
31.7.2019
Bitcoin (BTC) has been stagnant at around $9,500 for the last few days, after drastically falling from last month’s high of around $14,000. At a time when the world is talking about whether Bitcoin would survive or continue to fall, CNBC’s co-host for the Squawk Box Program, Joe Kernen...
Happy Birthday Day, Dear Ethereum – Four Years Since the Best “Altcoin” Was Launched
31.7.2019
Vitalik Buterin‘s beloved child, Ethereum, turns four today. It was launched on 30th July 2015, and within these four years, it has become the second-best choice after Bitcoin. Buterin transformed the way people thought about cryptocurrencies. From being treated merely as a peer-to-peer...
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...
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...
Drama of Indian Crypto Industry Continues as Inter-Ministerial Committee Proposed Complete Ban
23.7.2019
The drama surrounding the fate of the crypto industry in India continues to grow, as the inter-ministerial committee has now proposed a ban of crypto. While this doesn’t come as a complete shock, recent proceedings in the Parliament’s Upper House suggested that cryptocurrencies will soon be made...
Warren Buffett Lunch Postponed as Justin Sun Falls Sick Before the Event
23.7.2019
The crypto industry has been eager for this year’s high-profile Power of One Lunch with Warren Buffett, which Justin Sun won via an auction bid for $4.57 million. The event was scheduled to take place on the 25th of this month in San Francisco, California. However, the community will have to wait...
Bakkt To Start User Testing ‘Moonshot’ Bitcoin Futures Trading Platform From Today
22.7.2019
The Atlanta based crypto trading platform Bakkt will start user testing its much-awaited Bitcoin futures trading platform ‘Moonshot’ on Monday. The project is aimed at institutional investors and could prove to be the major booster for market growth. Bakkt is a subsidiary of Intercontinental...
VC-funded Staking Pool Stir Joins IOST Partners Program
22.7.2019
It is indeed a matter of excitement when your company will soon be launched to a greater number of audiences and on a global scale. Today, IOST Token made an announcement on its official Twitter handle. The announcement entailed that Stir, and the VC-funded staking pool has joined the IOST Partners...
Complete Indian Draft Crypto Bill Leaked – Experts Weigh In
16.7.2019
A draft cryptocurrency bill for India has been leaked in full, but details of the bill have raised some questions. News.Bitcoin.com talked to a number of experts in the field who shared their analyses of the bill’s content and its implications on the Indian crypto industry. Also read:...
How to Avoid Ponzi Schemes in the Crypto Space: A Checklist
13.7.2019
If you have been in the crypto industry for a couple of years, you might have heard of two types of crimes. One, the cyber attacks, which like any other attack is an open threat, and the other, just a result of lack of awareness, are Ponzi schemes. Conmen have found a new playground in …
The...
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...
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
G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments
1.7.2019
The G20 leaders jointly issued a declaration on crypto assets at the end of their summit in Osaka, Japan. They declared their commitments, reaffirmed that crypto assets do not pose a threat to global financial stability, and requested further work done by standard-setting bodies. Also read:...
V20 Summit Concludes With Promises for Crypto Industry
30.6.2019
As the G20 leaders’ summit came to a close, the nearby V20 summit concluded with a set of promises for the crypto industry in response to the global crypto standards set by the Financial Action Task Force. A group of national crypto associations aims to engage with government agencies...
V20 Summit: FATF Puts Some Pressure off the Crypto Industry
28.6.2019
Tom Neylan, head of the Policy Development Group within the Secretariat of the FATF, at the V20 Summit. Source: Twitter, @TeanaTaylor
It seems that the Financial Action Task Force (FATF), a multi-government body, that scared the crypto industry with its new guidance, now tries to calm the companies...
Ripple’s Newest Partnership Demonstrates Its Move For Anti-Money Laundering
28.6.2019
The crypto industry has always struggled when it comes to money laundering instances, including numerous threats and hacks taking place ever so often. Ripple seems to have taken a big move to avert such a scenario with its latest partnership with Coinfirm, which is a start-up in the regulation...
G20 Policymakers to Discuss Regulations Proposed by Crypto Industry
27.6.2019
As world leaders start arriving for the G20 summit in Osaka, Japan, policymakers and crypto industry representatives are convening at another summit to discuss the implications of proposed global standards for crypto assets and service providers, as well as solutions that will minimize unintended...
Bears To Bulls, Predictions From Crypto Experts Prove That They Know Their Game
25.6.2019
Bearish and bullish trends are a part of every market cycle, and the crypto industry is no exception. However, knowing the market well, and having a futuristic approach helps minimize the effects of adverse market conditions. The bearish trends in the crypto space from January 2018 to February 2019...
Launch Alert: PwC launches New Auditing Tool For Cryptocurrencies, Will Provide Assurance Service
20.6.2019
Leading global auditing giant PwC has announced an all-new tool for auditing cryptocurrencies. Using the new auditing tool, the company will also provide assurance services to its clients engaged in crypto related activities. In an official press release, the company stated that the new tool will...