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How Realistic Is Russia’s Bitcoin, Ethereum, Monero Monitoring Plan?


Source: Adobe/Studio_East Russian experts have been debating the feasibility of a new crypto monitoring platform that could allow Moscow to partially de-anonymize bitcoin (BTC), ethereum (ETH) and even privacy tokens like monero (XMR). As reported yesterday, a local media outlet said it has seen...

Kazakhstan Proposes 15% Tax on Bitcoin Mining to Help Combat Coronavirus


Kazakhstan has proposed legislation that would see a 15% tax imposed on bitcoin mining firms. This is part of efforts to raise money to help with the fight against the coronavirus pandemic. Proposed by the country’s Ministry of Economy, the new tax plan requires bitcoin (BTC) miners to first...

Viabtc Founder Reveals BCH Fork Idea Called Bitcoin Cat


During the last few days, discussions concerning the Bitcoin Cash Difficulty Adjustment Algorithm (DAA) has become a polarizing debate. In the midst of all the quarreling, Viabtc’s founder Haipo Yang has announced a new fork of BCH called Bitcoin Cat. News.Bitcoin.com recently reported on...

Fed's 'Lower Rates - Increase Inflation' Plan Might Help Bitcoin Too


The US Federal Reserve, the country's central banking system, might announce its policy review soon, a major aspect of which would be keeping interest rates low for years to come while trying to increase inflation and employment numbers. This strategy would be "bullish" for alternative...

Coinbase Eyeing US Stock Market Listing as Early as This Year


Coinbase Inc is planning a U.S. stock market listing for later this year or early 2021, Reuters reported on Thursday. The plan is subject to approval by the U.S. Securities and Exchange Commission. If successful, Coinbase could become the first major American cryptocurrency exchange to go public....

Skeptics Concerned Plustoken Scammers Plan to Dump $187M Worth of Ethereum


Crypto market skeptics and speculators are concerned about 789,000 ETH that started moving four days ago last Wednesday. The transaction was recorded by Whale Alert, and the $187 million worth of ether stems from the Plustoken scammers. On Wednesday, June 24, 2020, at approximately 9:46 a.m. (ET)...

Akon City: $6 Billion Cryptocurrency City Set to Begin Construction


Akon City, a “futuristic cryptocurrency themed city” founded by famous singer Akon, is ready to begin construction, with a plan to use the akoin cryptocurrency exclusively. Phase one of Akon City’s construction will include roads, a hospital, a mall, hotels, and a school. There...

‘Interesting’ Two-bill Plan May Save ‘Shambolic’ Russian Crypto Law


Industry insiders say the Russian government’s cryptocurrency policy is “shambolic” and says Moscow “urgently needs to start doing its deliberation behind closed doors,” while other experts welcome a possible two-bill solution. The comments came after another government ministry spoke out against...

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