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Complete Indian Draft Crypto Bill Leaked – Experts Weigh In
16.7.2019
A draft cryptocurrency bill for India has been leaked in full, but details of the bill have raised some questions. News.Bitcoin.com talked to a number of experts in the field who shared their analyses of the bill’s content and its implications on the Indian crypto industry. Also read:...
How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
14.7.2019
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming G7 finance meeting, a U.S. discussion...
Thailand Approves 4 New Cryptocurrency Service Providers
13.7.2019
The Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules...
Poloniex and KuCoin Extends Support to the Upcoming USDT-TRON Airdrop
13.7.2019
As per the latest reports, two of the world’s most renowned and widely used digital currency exchanges namely Poloniex Digital Asset Exchange and KuCoin have announced their support to the upcoming USDT incentive plan based on TRC20. That means users of both Poloniex and KuCoin exchange can take...
Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status
13.7.2019
Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales of goods and services. Georgia has become the latest nation...
TRON joins Exodus Online Wallet by making itself Accessible to Users who Prefer to do Trading Through their Mobile Phones!
12.7.2019
Exodus Mobile offers an application for Android and iOS, which are similar, enabling traders and financial specialists to deal with their cryptocurrencies when there is a need. Besides launching the mobile version of its wallet, Exodus presently allows its clients to connect with the desktop...
Litecoin is Now Miami Dolphins’ Official Digital Currency
12.7.2019
According to the latest reports, Litecoin or LTC has now become an official digital currency of the renowned football team of America called the Miami Dolphins. The official announcement was done through Litecoin Foundation’s press release dated 12th July 2019. As noted in the press release, this...
Federal Reserve Chairman Jerome Powell Has Compared BTC To Gold
12.7.2019
There is no doubt Bitcoin has gained popularity in the masses but the recent statement from Jerome Powell, Chairman of the Federal Reserve, has left the Bitcoin community thoroughly pleased. Powell has stated that Bitcoin is largely being utilized as a trusted alternative to the popular metal Gold....
‘Google Coin’ Within 2 Years as FANGs Will Go Crypto, Say Winklevoss
11.7.2019
The Winklevoss twins forecast 2021 will see crypto-like offerings from all major tech giants after Facebook
How 10 Countries Respond to Facebook’s Libra Cryptocurrency
11.7.2019
A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank...
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...
110 Cryptocurrency Exchanges Want to Launch in Japan – A Look at Recent Changes
9.7.2019
Following G20 meetings, where Japan led several discussions regarding crypto assets, the country’s top financial regulator told news.Bitcoin.com that 110 crypto exchanges are now interested in launching in Japan. The country recently passed a new cryptocurrency bill, and some approved crypto...
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’...
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...
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...
City of Dublin Ohio Plans to Launch Bitcoin Cash-Based SLP Token
3.7.2019
On July 1, Joshua Green, CEO of the Bitcoin Cash (BCH) implementation Bitcoin Verde, told the BCH community that the local government from Dublin, Ohio plans to mint a token using the Simple Ledger Protocol (SLP). The unnamed SLP token will be used for city events, redeemed for city-branded swag...
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...