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Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary
15.10.2019
Oxford University Press published its recent quarterly report which revealed the term ‘satoshi’ was added to the Oxford English Dictionary (OED) database. The word represents the “smallest monetary unit in the Bitcoin digital payment system,” according to the definition....
Europol Predicts Rise of ‘Criminal’ Crypto Exchanges in Digital Underground
15.10.2019
Is the current industry landscape, where centralized exchanges dominate cryptocurrency trading volumes, about to change in the coming years? Europol predicts that international regulatory demands for identity verification on established venues will push privacy concerned traders into so-called...
Indian Supreme Court Postpones Crypto Case to November
15.10.2019
The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case...
A Forum on Digital Cryptocurrency Mining Will be Held in Nur-Sultan on November 14
15.10.2019
The TerraCrypto forum, well-known among the blockchain community, will come to Kazakhstan for the first time. The traditional values that the organizers broadcast in Moscow will be clearly represented in Nur-Sultan: internationality, openness and discussions, competing companies in the exhibition...
Diversified Crypto Fund Receives FINRA Regulatory Approval
15.10.2019
Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund. The product, which is the firm’s only diversified offering, invests in five main cryptocurrencies. In addition, the firm offers nine single-asset investment funds, some of which...
Grayscale Wins Approval for First Public Digital Currency Index Fund
14.10.2019
The digital currency asset manager will offer its Digital Large Cap Fund on over-the-counter markets
FINRA Approves Grayscale’s Public Quote for Crypto Fund Shares
14.10.2019
Digital asset management fund Grayscale has received FINRA approval to publicly quote its diversified crypto fund GDLCF
Ripple, Coinbase Invest in Mexico’s Biggest Crypto Exchange Bitso
14.10.2019
Ripple, Coinbase invest an undisclosed amount in the largest Mexican crypto exchange for expansion into Brazil and Argentina
Tax Guide: What Crypto Owners Should Know
14.10.2019
With the rise in price and the growing adoption of cryptocurrencies, more governments worldwide have been ramping up efforts to tax them. Some countries are using extreme measures to get their hands on this new source of untapped revenue, but there are also tax-friendly countries that are...
IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
14.10.2019
Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD....
Android Tool Lets You Check Crypto Payment Apps for Double-Spends
13.10.2019
The risk of double-spending has traditionally been a major obstacle to creating and fully using digital money. A flaw of this kind would be detrimental to the credibility of any system claiming to provide universal solutions to the financial needs of our era. Whoever created Bitcoin elegantly...
Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin
13.10.2019
The BCH-centric web portal Bitcoinbch.com published on October 13 an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, BCH transactions in the country exceed BTC transactions by a wide margin and BCH is...
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...
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...
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...
No Obvious Requirement for National Crypto: Head of Central Bank of Russia
12.10.2019
The Head of Central Bank of Russia, Elvira Nabiullina, doesn’t think the country requires a national digital currency of its own, as per the reports of Russia’s news outlet Tass. Nabiullina also disclosed that the Bank of Russia had been studying the matter, and the requirement of issuing...
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...
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...
FC Bayern Munich Announces Digital Token to Boost Fan Engagement
11.10.2019
Football powerhouse FC Bayern Munich joins the growing trend of high-profile clubs tokenizing its players using blockchain
Realmx Video Game Officially Launches on Bitcoin Cash
11.10.2019
During the first week of August, the development team Block Hop announced a sandbox video game called Realmx that’s fueled by bitcoin cash. On October 10, Block Hop developers revealed that after “months of development and preparation,” Realmx can now be played on desktop...