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Tradeshift Says It’s Slashed Cross-Border Transaction Costs Using Ethereum
18.12.2019
Supply chain fintech startup Tradeshift, which boasts two million firms on its platform, says it's slashed the cost of cross-border transactions between buyers and suppliers using the public ethereum blockchain
US Fed Official Says 50% of Bitcoin Transactions Associated With Illegal Activity
18.12.2019
A Federal Reserve official supported a study claiming that 25% of Bitcoin users and 50% of transactions are in some way illegal
A Better Alternative to Banking – Club Swan
18.12.2019
The crypto community has had a rough relationship with traditional financial institutions with limited solutions available. Around the world, both early and recent crypto users have had bank accounts closed, transactions rejected, unnecessary delays in receiving their funds, or worse. To add...
CipherTrace Hints at Financial Institutions Incompetence to Trace Digital Currency Transactions
17.12.2019
CipherTrace has taken the crypto world in a blow by stating that nearly $2 billion digital currency transactions, processed by the top 10 highly reputed U.S banking entities, go traceless on a yearly basis. CipherTrace takes pride in being the world’s first blockchain forensics team created by...
Ciphertrace Says Banks Unknowingly Process $2 Billion in Crypto per Year
17.12.2019
According to the blockchain analysis firm Ciphertrace, major U.S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered...
Poles Hit With Backdated Tax on Crypto Trades
16.12.2019
Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) is applicable to digital asset trades conducted before the introduction of last year’s moratorium on its collection, the Polish...
Uphold Users Gain Access to Salt’s Crypto-Backed Loans
16.12.2019
Uphold users have gained access to loans from Salt Lending using crypto holdings such as bitcoin cash (BCH) as collateral. The digital money platform has more than 1.5 million users globally and has powered over $5 billion in transactions. Also Read: Nexo Now Offers Bitcoin Cash Instant Crypto...
European AML Directive Pushes Crypto Startup Bottle Pay Out of Business
15.12.2019
Bottle Pay, a cryptocurrency payments provider from the U.K., has announced its decision to cease operations by the end of the year. Despite attracting some serious funding and expanding its user base significantly in the past few months, the company has found it unacceptable to continue to work...
Bloxroute Releases Blockchain Distribution Network for Ethereum and Bitcoin Cash
15.12.2019
On December 3, the crypto software firm Bloxroute’s cofounder, Eyal Markovich, announced the launch of the startup’s Blockchain Distribution Network (BDN) Version 1. Markovich explained that the BDN V1 release is a milestone for the company and the scalability service aims to enable...
Ripple-Based Remittance Firm SendFriend Claims to Save Up to 80% in Fees
14.12.2019
SendFriend has managed to save up to 80% in remittance fees using XRP
Is Bitcoin the Best Source for Execution of Private Transactions?
13.12.2019
Making its first appearance in the financial market space as the world’s first-ever digital or virtual currency, Bitcoin can be considered as the pioneer in the evolution of a new-age payment settlement mechanism. Cryptocurrencies operate on blockchain technology, which is a distributed ledger...
Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners
11.12.2019
The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their crypto transactions; it recently obtained information on these...
Report: Denmark’s Tax Agency Is Sending Tax Compliance Letters to Crypto Users
10.12.2019
Danish tax agency is asking crypto users to provide a full background of all their cryptocurrency transactions
The Marshall Islands’ National Crypto Was Inspired by Work of Block.One
10.12.2019
After examining SOV’s white paper, Cointelegraph has confirmed with developers that the Marshall Islands’ cryptocurrency was inspired by EOS
South Korean Government Falsified Report Claiming 10% Tax on Crypto Transactions
9.12.2019
The Ministry of Finance of South Korea has put an end to the speculations and claims that were hovering over the Korean crypto industry in the past few weeks by refuting the report that stated that the regulatory authority had imposed 10% income tax on cryptocurrency investments. Cryptocurrencies...
South Korea: Gov’t Seeks to Tax Crypto Transactions as Capital Gains
9.12.2019
Capital gains taxation on crypto transactions could be introduced by the first half of 2020, South Korea’s Ministry of Economy and Finance has confirmed
DISCUSSION: How Can Public Blockchains Have Privacy?
8.12.2019
On today's show, we discuss the idea of true privacy on public, transparent blockchains and some of the ways it's working (or not) in Bitcoin or related projects right now
While Markets Move Sideways, Crypto Whale Sightings Increase
7.12.2019
While cryptocurrency markets have been moving sideways during the last few weeks, digital currency proponents have been observing large bitcoin whale movements. Transactions with tens of thousands of BTC have been noticed on the move from one wallet to another. On Friday, one colossal BTC holder...
Blockchain Startup SpaceChain Sends Wallet Tech to International Space Station
6.12.2019
Space-as-a-service startup SpaceChain is sending its hardware wallet technology to the International Space Station
Bitcoin Cash 2019: Year in Review
6.12.2019
2019 is coming to an end and the Bitcoin Cash (BCH) ecosystem has matured a great deal. BCH has successfully upgraded twice this year, adding Schnorr signatures capabilities and most transactions on the BCH network are now non-malleable. Moreover, BCH has seen increased adoption this year, an...