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IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users
9.7.2019
A recently published U.S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through social media posts...
Official: Russia to Postpone Adoption of Bill on Digital Currencies
9.7.2019
Russia’s parliament is considering shifting the adoption of the DFA bill to the autumn session
China’s Central Bank Developing Own Digital Currency in Response to Libra
8.7.2019
The Chinese central bank is developing its own digital currency in response to Facebook’s forthcoming Libra stablecoin
Swap and Track BCH on the New Shapeshift Suite for Noncustodial Crypto Management
8.7.2019
Shapeshift, the company that allows traders worldwide to exchange hundreds of cryptocurrency pairs launched its new crypto platform that now offers an integrated suite of digital asset management in a noncustodial fashion. The firm believes the latest release offers a true end-to-end solution that...
Ripple’s XRPL Labs Announces New Xumm Application For Storing Fiat And Digital Currencies
8.7.2019
Ripple powered Xpring’s XRPL Labs has announced a new application called Xumm, which will allow users to store fiat and digital currencies in the wallet account, without any intervention from banks. In other words, Xumm offers banking services without banks getting involved. XRPL Labs’...
Facebook Libra Threat Could Spur Work on China’s National Digital Currency: PBoC Official
8.7.2019
China's central bank could hasten development of its own digital cash to counter the threat posed by Facebook's Libra cryptocurrency, an official says
Majority Of Generation Z Does Not Like Digital Currencies
8.7.2019
As per the recent study conducted by a leading website, Business Insider, generation Z is apprehensive about buying cryptocurrencies. The report was released on 5th July by the website. Cint, the audience partner of Survey Monkey, did the survey on behalf of Business Insider depicts that young...
Indian Gov To Educate Top Cops On Cryptocurrencies, Aiming To Investigate Crypto Matters
8.7.2019
The Indian government is also set to impose strict norms on crypto trade in the country, a move which could see severe crackdowns. Many crypto companies in India were forced to suspend operations temporarily or, in some cases, end operations completely. To further its crackdown, and investigate...
India to Educate High-Ranking Police Officers on Cryptocurrency
8.7.2019
India’s national police academy has launched a cryptocurrency course for high-ranking officers of the Indian Police Service. Among the objectives of the course are the functioning and legal aspects of cryptocurrencies, as well as investigations of cases involving digital coins. The Indian...
Cardano Foundation Joins Global Digital Finance, Will World Towards Standardizing Crypto
5.7.2019
Cardano Foundation announced on Thursday that it had joined the London based organization, Global Digital Finance (GDF). The move will allow Cardano to contribute towards building global governance and standardizing crypto policies. The Cardano Foundation – in line with its goals to help shape...
Bitcoin Cash ETP Lists on Leading Swiss Stock Exchange
5.7.2019
Cryptocurrency tracking instruments traded on established equity exchanges allow institutional and retail investors to gain exposure to digital assets. Now there is a new option to invest in bitcoin cash (BCH) with an exchange traded product in one of the most advanced markets in the world. Under...
Bank of Japan: Cash Prevents Digital Currencies With Negative Interest
5.7.2019
Bank of Japan says digital currencies can’t be issued by banks hoping to push through a negative interest rate agenda
Microsoft Announces Intelligent Cloud Delivery Strategic Partnership With Etisalat Digital
4.7.2019
For many years through the noughties and early years of the 2010s, Microsoft seemed like a sleeping giant as many other tech giants passed it by in terms of innovation and newer products. However, just when it seemed that the tech giant was either unable or unwilling to get its act together; it...
Major Chinese Financial News Provider Quietly Adds Crypto Index
4.7.2019
Sina Finance, major Chinese financial news source, has silently launched crypto index on its mobile app, according to local reports
Facebook Receives Letter From The House Lawmakers Asking Them To Officially Put Libra Development On Hold
3.7.2019
Facebook’s digital currency Libra is in the news again but seemingly for all the wrong reasons. According to the reports doing the rounds since 2nd July 2019. The social networking giant has received a formal letter from the US lawmakers that asks the company to officially put the development...
Modi Discussed Crypto Standards at G20 Summit – A Look at How They Apply to India
3.7.2019
India’s Prime Minister Narendra Modi participated in discussions on crypto assets at the G20 leaders’ summit in Osaka, Japan. At the conclusion of the summit, the leaders of the G20 countries jointly declared their commitment to applying the crypto standards set by the Financial Action...
Bitcoin Falls Under $10,800 as US Stock Market Sees Minor Downturn
2.7.2019
Bitcoin hovers over the $10,600 mark again as most of the top 20 cryptocurrencies are reporting moderate losses on the day
Busan City To Launch Its Stablecoin Pegged To Fiat Currency
2.7.2019
The second most important metropolitan of South Korea Busan has decided to launch Blockchain based regional digital currency. This will expand the financial infrastructure of the country. The news was reported by technological news publication of the country ETnews. The city is a growing hub...
SIX Fintech Ventures Buys Stake In Digital ID Outfit PXL Vision
2.7.2019
Over the past half a decade or so, the Fintech industry has grown into a veritable behemoth, and much of the credit must go to the innovators who have worked tirelessly to make it another pillar of the financial industry. In that regard, SIX Fintech Ventures has also been one of the more...
Banking Giant Standard Chartered To Expand Digital Capabilities Once 5G Arrives
2.7.2019
Over the past few years, some of the biggest banks in the world have been prompted to strengthen their digital offerings in a big way and perhaps the biggest reason behind it lies in the emergence of Fintech companies. The Fintech companies have come up with a range of products and services that...