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Crypto News From the German-Speaking World: Oct. 6 – 12 in Review
12.10.2019
From Cointelegraph auf Deutsch: This week’s selected cryptocurrency and blockchain news from the German-speaking world
IRS to Require 150 Million Tax Filers to Disclose Crypto Dealings
12.10.2019
The U.S. Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns. It has a section that requires them to answer whether they have received, sold, sent, exchanged, or acquired any financial interest in any cryptocurrencies...
Pushing for Crypto Self-Regulation Amid Tightening Government Scrutiny
12.10.2019
Crypto exchanges in different countries are exploring ways to pursue effective self-regulation in the face of tougher government laws
Visa, Mastercard, Ebay, Stripe Join Paypal in Leaving Libra
12.10.2019
Most payment companies have now pulled out of Facebook’s Libra project. Visa, Mastercard, Ebay, and Stripe have followed Paypal in dropping out of the project amid regulatory concerns. The Libra Association has responded to the exodus of these companies. David Marcus, who is in charge of...
Next Bitcoin Halving May Not Lead to Bull Market, Says Bitmain CEO
12.10.2019
Jihan Wu, CEO of mining giant Bitmain, believes the next Bitcoin block reward
Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky
12.10.2019
The new administration in Kiev, headed by the young president Volodymyr Zelensky, has brought renewed interest in cryptocurrencies. Fresh energy is now being injected into efforts to legalize decentralized digital money and regulate related economic activities. New draft laws have been proposed...
Fidelity Exec: We Are Very Careful About Where We Offer Cryptocurrencies
12.10.2019
Kathleen Murphy, personal investing president of Fidelity Investments, says that the firm does not offer cryptocurrencies on retail trading platforms to protect its clients
Alipay Bans All Cryptocurrencies Transactions on Its Platform
12.10.2019
In a significant development that doesn’t bode well for the mass adoption of cryptocurrency, Alipay has decided to ban all the transactions involving Bitcoin and other cryptocurrencies. So that you know, Alipay is one of the subsidiaries of the Alibaba group, which is involved in the business...
PoS Will Make Ethereum More Secure Than Bitcoin, Says Vitalik Buterin
12.10.2019
After the proof-of-stake consensus algorithm is implemented, Ethereum will be more costly to attack than Bitcoin, says Vitalik Buterin
Swedish Government Auctions Cryptocurrency Again
12.10.2019
The Swedish Enforcement Authority, Kronofogden, is once again auctioning off cryptocurrency that has been allotted for public sale. The online auction, which is the second of this kind the government agency conducts, starts on Friday, October 11. Also read: Sean Walsh: Cryptocurrencies Can Harness...
Visa, EBay, Stripe and Mastercard Abandon Facebook’s Libra Project
11.10.2019
Visa, EBay, Stripe and Mastercard are dropping out of Facebook’s cryptocurrency project Libra
Founder of Alternative to Facebook’s Libra Exaggerates ‘Partnerships’
11.10.2019
The creator of OpenLibra reportedly exaggerated member involvement in the project during press hype
Updated Bitfinex Mobile App Now Includes Derivatives Trading Support
11.10.2019
Bitfinex announces the latest update to its mobile app, which now includes derivatives trading support
Coinbase Custody Announces Support for Maker Governance Voting
11.10.2019
Coinbase Custody enables Maker holders to participate in on-chain governance directly on the platform
Top Coins Continue to Decline, Bitcoin Drops to $8,300 Threshold
11.10.2019
Bitcoin and other major cryptocurrencies are experiencing losses as the crypto markets are sliding down
US SEC, FinCEN, CFTC Jointly Warn Against Illicit Use of Crypto Assets
11.10.2019
Rare joint statement from U.S. SEC, CFTC and FinCEN asks crypto holders to fall in line with AML/CFT regulations
US IRS Makes Change to Standard Questions in Regards to Cryptocurrencies
11.10.2019
The U.S. IRS adds question to 1040 income tax form to find out if taxpayers have been dealing with cryptocurrencies
How Severe Is Roche Freedman’s Lawsuit Against Tether and Bitfinex?
11.10.2019
The latest lawsuit against Bitfinex and Tether highlights the need for better regulations across the stablecoin market
5,200 Tobacco Shops in France Now Sell Bitcoin
11.10.2019
Bitcoin can now be purchased at 5,200 tobacco shops in France. Fintech startup Keplerk launched the service on Oct. 10 after halting it for many months. France’s 24,000 licensed tobacco shops have diversified into non-tobacco products to boost revenue. Also read: IRS Issues New Crypto...
Malaysian Finance Ministry: Cryptocurrency Adoption Remains Low
11.10.2019
Malaysia’s finance ministry says despite commanding significant attention, global and domestic adoption of crypto remains low