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Market Rebound Boosts Adoption of Cryptocurrencies for Payments
27.6.2019
The use of digital assets to make payments is growing, according to a recently published study. It reveals that cryptocurrency’s role as a viable means of payment has been expanding and this year’s market rebound has increased the turnover of crypto payments. The report suggests that...
Node40 Executive Explains What to Expect When the IRS Issues Its New Crypto Policy
27.6.2019
Last May, the U.S. Internal Revenue Service (IRS) revealed it would be issuing new tax guidance and rules about the tax treatment of digital assets and forks. IRS Commissioner Charles Rettig told congressional leaders that the agency has made it a priority to issue crypto-related tax guidance. This...
Buried in Facebook’s Libra White Paper, a Digital Identity Bombshell
26.6.2019
Buried in Facebook’s Libra white paper are two sentences hinting the project's ambitions go even further than minting a global currency
Markets Update: Cryptocurrency Prices Continue to Accelerate
26.6.2019
Digital asset markets have been on a tear lately, gaining $68 billion in five days. Currently, there’s over $100 billion in global trade volumes and crypto bulls don’t seem to be letting up any time soon. Also Read: How to Find a Bitcoin Cash Meetup Near You The Cryptoconomy Captures...
South Korean FSC Approves ICONLOOP’s Blockchain based Digital Identity Service – my-ID
26.6.2019
South Korean government’s top budgetary controller, FSC (The Financial Services Commission), has reported the incorporation of ICONLOOP’s ‘my-ID’ administration into the ‘Innovative Financial services and Regulations Sandbox’ which was created under the special...
Zcash Price Analysis: The Digital Coin Has Shown Some Strengthening Today, Guarda Wallet is Out for Testing
26.6.2019
Zcash Foundation has released Shielded Guarda Wallet for the test net. It was earlier announced at the Zcash Conference, ZCon1. Guarda was granted by Zcash foundation to create this wallet and make it open-sources. The app will allow managing one’s ZECs privately or transparently on his/her choice....
PR: New FATF Rules See VASP Industry Convene for V20 Summit
26.6.2019
As the Financial Action Task Force (FATF) prepares to roll out a new set of rules to increase reporting requirements on cryptocurrency transactions at the G20 Leaders’ Summit this month, a collective of international industry associations have led an initiative to convene Virtual Assets Service...
Will China Still Run Tight Ship Around Participating In Global Digital Competition?
26.6.2019
China has been known to shut itself off from the relatively newly emerged financial revolution- The Blockchain revolution. Several bans around the crypto activities, Initial Coin Offerings, etc. have prevented the country to participate in the crypto sphere despite the boom in the industry. Since...
Ledgerx Approved to Offer Regulated Bitcoin Derivatives to Retail Investors
26.6.2019
The U.S. Commodity Futures Trading Commission has approved Ledgerx to offer physically-settled bitcoin spot and derivatives trading, previously available only to institutional investors, to retail investors of any size. Ledgerx explained that its new platform will share the same order book as...
The Guns N’ Bitcoin Scorpion Case Holds Your Shooter and Your Satoshis
25.6.2019
Digital assets have become very valuable over the last few years, spawning a string of devices that protect cryptocurrencies from malware and mishandling. Now there’s a company called Guns N’ Bitcoin that offers a durable case called the Scorpion that holds not only a hardware wallet...
Samourai Wallet Releases Privacy-Enhancing CoinJoin Feature
25.6.2019
The new feature is easy to activate but may be difficult to execute at scale
Philippine Central Bank And CEZA Approves 48 Cryptocurrency Exchanges
25.6.2019
The number of permitted digital currency exchanges are increasing in the Philippines. Now they are competing with Japan in supporting the digital currency exchanges. Recently the central bank of the country, BSP has approved 11 new cryptocurrency exchanges, in addition to 37 exchanges approved...
Fake Websites Tries To Steal The Investors’ Attention From Libra
25.6.2019
Facebook has a massive presence in most of the developing economies. In some parts of the world, it is synonymous to the internet. Seeing this enormous presence, some envious money makers tried to draw the attention of Libra enthusiast with fake websites. Until now, Libra has not been launched...
Enforcement of Updated Crypto Guidelines From FATF Has Far-Reaching Implications
25.6.2019
The FATF (Financial Action Task Force) has revealed updated guidelines that would require cryptocurrency and digital asset exchanges—and potentially independent business owners and crypto holders—to share sensitive customer information as VASPs (Virtual Asset Service Providers)...
48 Cryptocurrency Exchanges Now Approved in the Philippines
25.6.2019
The number of approved cryptocurrency exchanges has been growing in the Philippines. In addition to 11 operators registered by the central bank, the Bangko Sentral ng Pilipinas, there are 37 other crypto exchange operators licensed by the government-owned Cagayan Economic Zone Authority. Also read:...
A Blockchain System for Azerbaijan’s Digital Economy
24.6.2019
Azerbaijan bets big on blockchain with its new digital identification system
A Blockchain System for Azerbaijan’s Digital Economy
24.6.2019
Azerbaijan bets big on blockchain with its new digital identification system
Libra Will Allow People To Use Digital Cash, And Will Prevent Money Laundering, Says David Marcus
23.6.2019
Cryptocurrencies and blockchain are two very complicated and technical subjects which require an in-depth study and efforts to understand. This is what lacks among most regulators and critics of, which leads to various accusations resulting from unawareness. Facebook’s Vice President for Messaging...
Mydigitaldiscount.com Will Sell You Home Automation Gadgets for Bitcoin
22.6.2019
The range of products and services you can pay for with digital coins is constantly expanding. Cryptocurrencies, which are considered to be the future of money, can now be used to purchase items that will change our lives in the future. An online retailer in the U.S. called My Digital Discount...
FATF Releases Global Standards for Crypto Assets
22.6.2019
The Financial Action Task Force adopted its new rules on crypto assets and published its updated Guidance on Virtual Assets and Virtual Asset Service Providers Friday. Under these new measures, crypto service providers will be required to implement the same requirements as traditional financial...