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Japan Pushes Cashless Agenda by Rewarding Non-Cash Payments After Tax Hike


Japan’s recent October sales tax increase took the rate from 8% to 10%, the previous such hike occurring in April of 2014, when the rate was raised from 5%. The increase is accompanied this time around by new government policy which rewards cashless payments by allowing merchants to provide...

Crypto Exchanges Found a Way to Solve Major Regulatory Headache


Source: iStock/bernie_photo Virtual asset service providers (VASPs) just launched the OpenVASP initiative that aims to solve one of the biggest regulatory challenges, known as the "travel rule." As a reminder, the rule necessitates that VASPs share customer info with each other, so that...

Line-Yahoo Japan Merger Set to Shake up the Crypto Scene


Japanese cryptocurrency enthusiasts are watching business developments with interest after Softbank, the financial group that owns over 48% of Yahoo Japan, admitted that it was in talks with the operator of the Line chat app over a potential merger. Line has recently launched its Bitmax...

Germany Barely Avoids Recession, Economy Remains Stagnated


The German economy, the largest and most influential in Europe, narrowly missed falling into recession last quarter. But with quarterly GDP growth averaging a little over 0% since the third quarter of last year, the Old Continent’s economic powerhouse is facing stagnation. Also read:...

Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners


Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday, Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry, described a...

Instant Crypto Exchange Changelly Secures Access to SLP Tokens


Instant cryptocurrency exchange Changelly will start to use digital asset rates from Bitcoin.com’s trading platform. This will ensure better prices for Changelly users and help increase the reach of all SLP tokens that are exclusively listed on Bitcoin.com Exchange. Also Read: Universal...

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