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Bitcoin Adoption in Lebanon Increases Amidst Worsening Economic Situation
As the current financial crisis rocking Lebanon continues to intensify, Lebanese citizens are increasingly looking to bitcoin to escape the country’s crippling economic situation. Lebanon joins the list of countries whose citizens have turned to the top cryptocurrency to counter the financial crisis. дальше »
2020-2-26 22:00 | |
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Germany’s Financial Authority, BaFin, Releases Guidelines For Foreign Crypto Custodians
Germany’s Financial Supervisory Authority (BaFin) through a memo released in January stipulated that they wouldn’t target firms holding crypto assets for German citizens and were operating without a license. дальше »
2020-2-6 19:31 | |
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RBI Argues Against Crypto Utility in India
The Reserve Bank of India (RBI) says citizens do not need cryptos as the country’s mainstream financial framework already has working solutions for cross-border remittances. The Indian central bank also clarified the legal situation of cryptocurrencies in the country, stating that there is no ban on virtual currencies. дальше »
2020-1-23 20:00 | |
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Why Bitcoin Adoption May Spike if Australia’s Proposed “Cash Ban” Activates
People could be jailed for two years and fined $25,200 just for using more than $10,000 in cash in one transaction under a new bill being considered by the Australian Parliament; if passed, the bill is likely to drive citizens away from traditional financial institutions and towards decentralized cryptocurrencies like Bitcoin. дальше »
2020-1-14 21:00 | |
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HSBC Closes ATMs in Hong Kong, Bitcoin Fixes This
International banking giant, HSBC, has decided to lock down 19 ATM clusters in Hong Kong due to vandalism from protestors. Bitcoin is just one example of an alternative financial solution for HK citizens during the ongoing crisis. дальше »
2020-1-7 19:55 | |
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APAC Exchanges continue to dominate Futures, Options market
With the regulatory pressure and the uneasy sentiment surrounding disruptive financial technologies among average citizens in western countries, Asia is looking to lead the charge into the new digitalThe post APAC Exchanges continue to dominate Futures, Options market appeared first on AMBCrypto. дальше »
2020-1-2 20:30 | |
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Anonymity in China’s Crypto Yuan is Bad News for US Lawmakers
While the US drags its regulatory feet and gets bamboozled by bureaucracy, China forges ahead and could launch its own digital currency within a few months. Crypto Yuan Nearing According to a central bank official, China’s planned crypto yuan is not all about spying on its citizens. дальше »
2019-11-13 08:53 | |
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Swell 2019: How bKash Makes Banking Accessible to 36 Million in Bangladesh
Citizens of Bangladesh face large financial challenges. More than one third of the population lives below the poverty line and too many have little to no access to services at traditional financial institutions. дальше »
2019-11-8 13:48 | |
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Bitcoin Mining Firm Study Shows How Clueless People are About Money
A study by Bitcoin mining firm Genesis Mining has shown that a startling number of US citizens have no idea about how their financial system works. A whopping 29 percent of respondents said they thought the US dollar is still backed entirely by gold. дальше »
2019-11-1 23:00 | |
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Banco Santander Transforming Madrid with DLT
Spanish bank Banco Santander has launched a $20 million bond on the blockchain. The financial institution has also partnered with the Madrid City Council to develop a blockchain-powered application that will enable citizens to pay transport fare from a unified platform, according to an EnterpriseTimes report on October 18, 2019. дальше »
2019-10-19 23:00 | |
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Hong Kong’s financial watchdog issues regulations on crypto funds amid civil unrest
The magnitude of the civil unrest in Hong Kong is surging every day, as nationwide anti-extradition bill protests haven’t toned down at all. These protests have been on for about four months now and amidst this, the citizens of Hong Kong seemed to be steering toward crypto. дальше »
2019-10-6 10:05 | |
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Turkish Government Freezes Over 3 Million Bank Accounts
Hundreds of thousands of businesses and individuals with tax obligations to the Turkish state have received foreclosure notices this week informing them about their frozen bank accounts. The government of Turkey, which is struggling with financial and economic problems under geopolitical pressure, is likely to push even more of its citizens towards cryptocurrencies with the […] The post Turkish Government Freezes Over 3 Million Bank Accounts appeared first on Bitcoin News. дальше »
2019-10-6 22:00 | |
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Wyoming citizens cannot be compelled in any proceedings to disclose private keys, claims Caitlin Long
As of recently, the U. S. government has been loosening its regulatory leash on the crypto-landscape, making sure not to miss out on its share of financial dominance. In a rare instance, Caitlin Long and Trace Mayer & Tyler Lindholm, together featured on Peter McCormack’s podcast to discuss Wyoming’s role in leading this initiative. дальше »
2019-9-30 09:00 | |
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Huobi fiat-to-crypto exchange may address Argentina’s inflation problem
Argentina, long a cornerstone economy for Latin America, and the world’s eighth-largest country, has been plagued by debt and diminished financial opportunities. While this troubling reality plays out in different ways, one of the most obvious ramifications is the country’s inflation rate, which exceeded 50 percent in August 2019. дальше »
2019-9-20 11:58 | |
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Argentina Imposes Capital Controls; Strong Case For Bitcoin Adoption
The government of Argentina has imposed capital controls on its citizens in a response to growing financial issues for the country. The South American country has limited dollar purchases to only $10k per month after $3 billion was drained out of their foreign currency reserves on Thursday and Friday alone. дальше »
2019-9-2 00:07 | |
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SEC Of Thailand Warns Crypto Investors About Latest Scam Using Non-Authorized Exchanges
The Thai Securities and Exchange Commission‘s (SEC), the financial watchdogs of the country have warned the citizens about a new form of investing scam. I this scam, a false entity who is pretending to be a regulated legal digital currency trading firm accosts traders into investing with it. Lt Co Woranan Silam who is a […] дальше »
2019-8-26 16:41 | |
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Unbanked for Buying Bitcoin: How the Financial System Criminalizes Crypto
When we think of the unbanked, we envisage citizens of developing nations who lack the means and documentation to obtain access. But you don’t have to be a Mongolian goat herder to find yourself financially excluded. дальше »
2019-7-29 18:20 | |
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Equifax probably owes you $125. Here’s how to collect
TNW recently reported the US Federal Trade Commision (FTC) had passed down a rather friendly little fine to Equifax – just $700 million dollars for exposing the private financial data of more than half of all US citizens. дальше »
2019-7-27 01:53 | |
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Blockstream’s Samson Mow: “Facebook Should Have Just Used Bitcoin” Regarding Libra Project
The combative hearing in the U.S Congress in the past two days left citizens and other onlookers with much doubt on the success of Facebook’s Libra. While Bitcoin (BTC) caught on a bullish vibe across the financial committee led by Maxine Waters, Libra’s CEO David Marcus was under fire on the privacy of data issues […] дальше »
2019-7-18 19:28 | |
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Venezuelans File $30 Million Lawsuit against Crypto Ponzi Scheme
A group of Venezuelan citizens has dragged the owners of Eagle Financial Diamond Group Inc. and Argyle Coin have been dragged to court for defrauding them through their diamond-backed crypto Ponzi scheme. дальше »
2019-7-17 17:00 | |
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Tech Entrepreneur: Facebook’s “Cryptocurrency” Libra is a “Big Mistake”
Billionaire tech entrepreneur Mark Cuban is not a big fan of Facebook’s recently-detailed cryptocurrency-of-sorts. He says there may be repercussions from despotic leaders around the world if citizens start to use alternatives to national currencies. дальше »
2019-7-13 02:00 | |
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Two Americans Fined $360,000 for Impersonating CFTC in Bitcoin Scam
Texas court has granted a motion against two American citizens that were soliciting Bitcoin impersonating the U. S. Commodity Futures Trading Commission (CFTC). The criminals were using Facebook and email tactics to persuade citizens into sending them bitcoin, claiming they were investing those funds into financial products. дальше »
2019-7-12 21:00 | |
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Two Americans Fined $360,000 for Impersonating CFTF in Bitcoin Scam
Texas court has granted a motion against two American citizens that were soliciting Bitcoin impersonating the U. S. Commodity Futures Trading Commission (CFTC). The criminals were using Facebook and email tactics to persuade citizens into sending them bitcoin, claiming they were investing those funds into financial products. дальше »
2019-7-12 21:00 | |
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Oxfam Trials Aid Distribution With DAI, Future Use 'Highly Likely'
A pilot program saw Oxfam distribute financial aid in the form of tap-and-pay cards developed for Sempo’s payment platform that were loaded with DAI to 200 citizens of Vanuatu to test the efficacy of blockchain-based disaster relief solutions дальше »
2019-6-27 18:04 | |
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Italy Considers a Tax on Citizens’ Savings as Top Bitcoin Analyst Implies It Could Be Best Thing Ever
Drawing Comparisons Between Traditional Finance and the Digital Asset Industry Because cryptocurrency, in certain ways, is being integrated into the traditional financial markets, there are times when parallels are drawn between the cryptocurrency industry and mainstream financial institutions which also highlights reasons why people are drawn to cryptocurrency in the first place and there are […] дальше »
2019-6-13 18:32 | |
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Op Ed: Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?
Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet. дальше »
2019-6-1 21:48 | |
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Obama Hack Judge Rules Trump Must Deliver Private Financial Records
By CCN: In a brazen but unsurprising move last week, Democrats issued a subpoena to accounting firm Mazars USA for eight years’ worth of Donald Trump’s financial records. It should thus come as no surprise that Barack Obama judicial appointee U. дальше »
2019-5-21 05:56 | |
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Despite Industry Pushback, G20 May Impose Stricter KYC Policy on Exchanges
It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that. дальше »
2019-5-13 21:33 | |
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Tax Refunds Now Possible For US Citizens Via New Startup
Bitpay, the largest and most experienced global blockchain payments provider, has partnered with the new financial services provider startup,… The post Tax Refunds Now Possible For US Citizens Via New Startup appeared first on Invest In Blockchain. дальше »
2019-5-3 17:56 | |
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Bitcoin has never seen a global recession, may act as an escape hatch next time, says Erik Voorhees
One of the most common notions in the cryptocurrency space is that Bitcoin [BTC], the largest cryptocurrency by market cap, would be the one cryptocurrency which would benefit the most during the next financial crisis. дальше »
2019-4-17 22:30 | |
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Op Ed: Bitcoin Is Turning Left vs. Right Into Big Data vs. Privacy
The political spectrum is usually divided into four main categories: libertarian left, authoritarian left, libertarian right and authoritarian right. Those on the left prefer a more controlled economy, while those on the right have a preference for free markets. дальше »
2019-4-16 22:26 | |
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Will Bitcoin and Crypto Save Iranians? Elite Military Group Now a Terrorist Organization
The US President has declared that an elite military force in Iran is a foreign terrorist organization. As the sanctions from the international community pile up for the Iranian government, Bitcoin and other cryptos could save their citizens from financial woes. дальше »
2019-4-9 15:55 | |
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Mexico’s New Fintech Law – Can It Help the Country Succeed Where Others Have Faltered Thus Far?
On March 23, 2017, a new law was drafted in Mexico pertaining to financial technology. Inside the bill lawmakers propose for the first time a regulatory framework for the administration, operation, and implementation of companies who wish to offer citizens access to an alternative form of investment and finance. дальше »
2019-4-4 10:46 | |
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Hong Kong Wants STO Investing To Be Reserved for the Super Rich
The Hong Kong Securities and Futures Commission (SFC) will no longer let its citizens invest in STOs–unless they have at least $1 million. STOs for ‘Professional Investors’ Only in Hong Kong In what they call a move to protect investors, Hong Kong’s financial watchdog clarified its position on STOs yesterday. дальше »
2019-3-29 21:00 | |
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Will Ripple (XRP) Close Above 40 Cents? Momentum Building
Ripple price ranging but bullish Financial sanctions help drive assets demand Participation levels drop, averages drop from 30 million to 16 million in three weeks. Trump’s plan of imposing financial sanctions on Maduro and other Venezuela elites could backfire affecting ordinary citizens. дальше »
2019-3-16 18:05 | |
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Pending Cryptocurrency Legislation List Highlights High-Impact Areas
With the advent of blockchain and cryptocurrencies disrupting our financial systems, regulators are forced to investigate the utility of this technology and propose new rules to ensure that citizens are able to receive the maximum benefit from using decentralized digital assets while minimizing any of its potentially harmful effects. дальше »
2019-3-4 19:00 | |
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Bitcoin (BTC) Price Analysis: Will Bull Trend Resume? Ceiling at $4,500
Latest Bitcoin News Once again, the political escalation in Venezuela is proving to be a financial quagmire for ordinary, law-abiding citizens. Thanks to Juan and Maduro duel, a fight between a determined and well backed. дальше »
2019-2-25 15:30 | |
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A Cryptocurrency Could Help Avoid Financial Chaos and Venezuela’s Run
Venezuela’s economy has hit rock bottom. The situation has grown so dire that humanitarian aid is being doled out to help those who are financially strapped. Today, Venezuelan troops are fighting off citizens as they try to block the aid from reaching them. дальше »
2019-2-24 13:46 | |
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A Cryptocurrency Could Help Avoid Financial Chaos and Venezuela’s Ruin
Venezuela’s economy has hit rock bottom. The situation has grown so dire that humanitarian aid is being doled out to help those who are financially strapped. Today, Venezuelan troops are fighting off citizens as they try to block the aid from reaching them. дальше »
2019-2-25 13:46 | |
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Unfortunate Crypto Case of Scamming Senior Citizens for the Sake of BitConnect Investments
Older generations have been through a substantial rollercoaster with the financial industry in their lifetime. However, as the evolving world changes with the presence of cryptocurrency, the territory seems new and unfamiliar, leading scam artists to take advantage of these investors that are new to cryptocurrency. As The Block reports, this is exactly the case […] дальше »
2019-2-11 04:09 | |
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Iran Blockchain Community Welcomes Central Bank’s Stance on Cryptocurrencies
The Iran Blockchain Community, a local NGO dedicated to developing blockchain technology in the country, welcomed the Central Bank’s draft policy on cryptocurrencies as it could help citizens bypass the sanctions imposed by the U. дальше »
2019-2-5 19:00 | |
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Are We Living Up to Satoshi’s Dream?
Back in 2008 after the economic crash, there was a developer called Satoshi Nakamoto who wanted to create the ideal financial system taking all the power away from the institutions who caused the pain and suffering for the working-class citizens. дальше »
2019-1-31 17:49 | |
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Bitwala Is Offering German Citizens Joint Crypto and Fiat Banking Accounts
German blockchain startup Bitwala has launched crypto banking in Germany. After securing €4 million (roughly $4. 5 million) from VC firms Earlybird and Coparion in September of 2018 to develop a crypto banking solution, the company has allegedly amassed a waiting list of 30,000 potential users. дальше »
2018-12-13 22:32 | |
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US Excludes Iran’s Central Bank from the Global Financial System
The Central Bank of Iran has been cut off from the global monetary system, after the Swift banking network bowed to U. S. pressure. The move leaves Iran’s 81 million citizens financially excluded and facing serious economic consequences, amidst renewed U. дальше »
2018-11-9 19:10 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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Stackr: The Dawn of a Digital Asset Savings Solution - [BTC Media Sponsor]
Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first. дальше »
2018-10-6 16:37 | |
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Cryptocurrencies To The Rescue As Mobile Money Tax Hikes Squeeze Africa’s Poor
Some African Governments are on revenue generation drive by raising taxes to fund budget deficits. From Zimbabwe to Kenya, Uganda to Benin, the same scenario is playing out and mobile money is the prime target. дальше »
2018-10-4 14:38 | |
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Venezuela Set to Officially Release its Oil-backed Petro Next Week
The Petro, Venezuela’s controversial cryptocurrency is finally ready for official release to the global cryptocurrency market, the Venezuelan government said. The government is hoping that the cryptocurrency gains popularity as it is part of efforts to rescue the country’s financial system which has been swallowed up by inflation. дальше »
2018-10-3 12:16 | |
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