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Bitcoin Could Benefit From Lebanon As Protesters Vandalize Banks Over The Country’s Currency Crisis
Protests in Lebanon have been going on since October last year as the citizens grapple with the falling economy. With the country’s national currency plunging to new all-time lows, the citizens are now defying coronavirus lockdown measures to protest in the streets. дальше »
2020-4-29 16:53 | |
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1 in 9 Indonesians Now Own Cryptocurrency, Report
About 11% of all Indonesians own some form of cryptocurrency, according to a recent report by Hootsuite, which cited GlobalWebIndex. 11% of Indonesians Own Cryptocurrency as Fiat Currency Devalues With over 270 million people, Indonesia is the fourth most populous country in the world, and the fact that 1 out of 9 citizens own cryptocurrency demonstrates a rapidly expanding adoption level. дальше »
2020-3-24 22:00 | |
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Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. дальше »
2020-3-19 19:00 | |
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Iranian Health Minister: Avoid Paper Money Due to Coronavirus
With the coronavirus pandemic worsening in Iran, the country’s health minister advised its citizens to avoid using paper money. What better alternative is there than a digital currency like Bitcoin? BeInCrypto’s Turkish branch is reporting that the Iranian health minister is instructing citizens not to use fiat paper currency. дальше »
2020-3-6 19:10 | |
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Ukraine Mandates Citizens to Declare Bitcoin (BTC) Holdings for Tax Purposes
In a bid to regulate its cryptocurrency space, Ukraine‘s National Agency for Prevention of Corruption (NAPC) has defined clear rules for declaring cryptocurrencies as intangible assets. As such, taxpayers in the country have been mandated to report their crypto holdings following these guidelines, according to a Forklog report on March 3, 2020. дальше »
2020-3-5 22:00 | |
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Indian Supreme Court Lifts Ban on Bitcoin Trading
India’s Supreme Court today backed down on a directive that effectively banned virtual currencies in the country. In place since 2018, citizens of the world’s third-largest economy had been forbidden...The post Indian Supreme Court Lifts Ban on Bitcoin Trading appeared first on Crypto Briefing. дальше »
2020-3-4 09:53 | |
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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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Government Think Tank Niti Aayog Identifies Key Blockchain Use Cases for India
The policy think tank for the government of India, Niti Aayog, has published a strategy document identifying a number of key areas blockchain technology can significantly benefit the country. “By empowering citizens through features of transparency, decentralization and accountability, blockchain would help in improving ease of living,” explained Niti Aayog. дальше »
2020-2-5 14:00 | |
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Swiss Municipality Tax Office Now Accepts Bitcoin
The Swiss municipality of Zermatt becomes the latest region whose citizens can now pay for local taxes with Bitcoin. Credit Suisse Continues to Drive BTC Adoption Switzerland has been crypto and blockchain-friendly country for years now, and it still continues to improve its levels of adoption. дальше »
2020-1-29 18:00 | |
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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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Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens
Lebanese citizens have been dealing with economic hardship, as the country’s central bank imposed customer withdrawal limits last October. The problems have continued over the last two months, as ATMs have stopped dispensing cash and bank branches close doors in fear of angry clients. дальше »
2020-1-8 07:30 | |
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Why Canada’s Crypto Industry is Threatened by Tax Rules
Canadian tax authorities’ approach to crypto-assets might discourage the country’s citizens from using digital assets, as things like double taxation remain an issue. While the US still struggles to bring regulatory clarity to the world of cryptocurrencies, its neighbor, Canada, currently faces taxation issues. дальше »
2019-12-24 11:30 | |
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Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell
Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to the local regulations postulate. дальше »
2019-12-24 04:20 | |
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Bitcoin Looks Ideal in Greece After Government Mandates 30% Electronic Spending
Citizens of Greece might begin to turn to Bitcoin as new stringent laws will impose heavy fines on those who do not spend 30% of their income electronically. The law has been implemented to help tackle tax evasion in the country. дальше »
2019-12-10 14:15 | |
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Backfire in Argentina: Citizens Want BTC Over Peso Amid USD Crackdown
Following the crackdown on Forex by the Argentine government, the volume of P2P crypto trading has risen to an all-time high in the country
дальше »2019-11-22 23:55 | |
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Venezuela Becomes ‘Dollarized’ as Citizens Seek Refuge in Alternative Solutions
Venezuela has been suffering from rapid inflation as the purchasing power of the sovereign bolivar has become near worthless. Over the last few weeks, Venezuelans have been dealing with blackouts throughout major cities, making credit card readers useless. дальше »
2019-11-13 20:30 | |
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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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Beijing Increases Censorship, Surveillance Amid Blockchain Push
The Beijing regime is all about control. It is a country where people have very little freedom of information or finance (apart from the very affluent). While the state strives to be a world leader in blockchain technology, it still does not trust cryptocurrency, still heavily censors the internet, and still spies on its citizens. дальше »
2019-11-5 13:00 | |
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Central Bank Blockchains and Corporate Ledgers Are Still Vaporware
There’s been a resurgence of blockchain discussion this year, especially after China’s President Xi Jinping lauded blockchain and told Chinese citizens the country needs to accelerate distributed ledger technology development. дальше »
2019-11-4 21:50 | |
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Venezuela initiates the use of cryptos as a method for free national, international payments, claims President Maduro
South America’s Venezuela has been recording hyperinflation over the past few months, sending its struggling economy on a downward spiral. However, economic conditions have allowed Venezuela and its citizens to finally embrace cryptocurrencies. дальше »
2019-10-1 14:00 | |
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Argentina Central Bank Exposed 800 Citizens’ Sensitive Information
The Central Bank of Argentina (BCRA) published a list of people who will not be able to purchase any more U. S. dollars at the country’s exchange operators. The list is comprised of more than 800 people that won’t be able to conduct any more exchange operations because they exceeded the monthly limit of $10,000 limit. дальше »
2019-9-29 03:34 | |
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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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Cubans Are Avoiding US Trade Embargo With Crypto; Global Marketplace Access And Remittances
BTC trading has helped open new trading avenues for Cuba citizens. The communist country has been isolated financially for many years under a siege that was started by the embargo placed on it by the United States. дальше »
2019-9-14 17:16 | |
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Bitcoin is the solution to fiat debt, claims Bitcoin Standard author Saifedean
In a recent podcast by Preston Pysh, author and economics professor Saifedean Ammous explained how Bitcoin is the solution to get out of debt. He said that inflation is a money supply phenomenon and not collapse in demand. дальше »
2019-9-10 05:03 | |
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Bitcoin a Viable Option in Turkey as Lira Decline Continues
Bitcoin is gaining massive popularity in Turkey, amid the continuous decline of the Turkish lira. According to a tweet on September 8, 2019, bitcoin is as popular as forex in the country. Forex Shortage Pushing Turkish Citizens to Bitcoin Didi Taihuttu, a bitcoin advisor who became known after selling all his properties to venture fullyRead MoreRead More. дальше »
2019-9-10 01:00 | |
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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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Google, Apple, and Mozilla won’t budge on Kazakhstan’s sneaky plot to spy on citizens
Google and Mozilla stepped up their efforts to block Kazakhstan’s government from intercepting web traffic within the country. In a joint announcement made today, the two companies said they are deploying a technical solution to prevent the use of ‘Qaznet Trust Network’ root CA certificate in Chrome and Firefox. дальше »
2019-8-21 15:40 | |
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Cryptocurrency scammers conned Australians out of $14.8M in just 7 months
Cryptocurrency investment scams in Australia cost victims a record $14. 76 million between January and July this year. That’s according to the Australian Competition and Consumer Commission (ACCC). дальше »
2019-8-13 15:40 | |
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Study: Trump’s paid Peter Thiel’s Palantir $1.5B so far to build ICE’s mass-surveillance network
Perhaps no other company has profited more from the Trump administration’s treatment of undocumented immigrants — and US citizens of similar appearance — than Peter Thiel‘s Palantir. A recent investigation, conducted by Mijente, revealed the US government has at least 29 active contracts with the company worth approximately $1. дальше »
2019-8-13 23:28 | |
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BitPay Suspends Services in Germany For The Time Being
Citizens of Germany will no longer be able to use BitPay after the payments processor pulled its service on the heels of new BaFin regulations set to go live on January 1, 2020. Nein BitPay On Thursday, cryptocurrency payments processor, BitPay updated a post detailing which countries the company operates in. дальше »
2019-8-2 23:16 | |
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Singapore’s Central Bank Warns Citizens Against Cryptocurrency Exchange Scam
The Monetary Authority of Singapore (MAS), the apex bank of the country, has warned investors to be wary of a scam bitcoin investment website that has been soliciting for funds from members of the public by using false statements purportedly made by Goh Chok Tong, the former Prime Minister of Singapore, according to a pressRead MoreRead More. дальше »
2019-8-1 01:00 | |
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Tax evasions in Canada are on the rise – cryptos are primary suspects
Reports have been coming in from the Canada Revenue Agency that the country is experiencing a massive surge in the number of tax evasion cases. According to the agency, the cases are not only directed towards individual citizens, but also large corporations hiding their transaction histories using the blockchain technology and violating local regulations in […] The post Tax evasions in Canada are on the rise – cryptos are primary suspects appeared first on CaptainAltcoin. дальше »
2019-7-20 16:32 | |
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Zimbabwe’s Deteriorating Economic Situation Sees the Country’s Citizens Seeking Refuge in Bitcoin
Hyper-Inflation Sees Bitcoin Price Surpass 1000% In Premium. The deteriorating economic situation in Zimbabwe has seen the country’s citizens seeking refuge in Bitcoin leading them to pay an insane premium on over-the-country crypto trading platform LocalBitcoins, CCN reports. дальше »
2019-7-18 22:30 | |
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Hackers breached Bulgaria’s tax agency and leaked the data of 5M people
Bulgaria has suffered what has been described as the biggest data leak in its history. The stolen data, which hackers emailed to local media on July 15, originates from the country’s tax reporting service – the National Revenue Agency (NRA). дальше »
2019-7-16 15:40 | |
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We gave US police, ICE, and CBP AI without regulations in 2016: Now it’s 1984
This weekend’s ICE raids are essentially a ribbon-cutting ceremony for the government‘s surveillance state. The same AI-powered tools empowering those agents to identify, target, track, and spy on immigrants without a warrant are already in the hands of police officers, sherriff’s deputies, and border patrol agents across the country. дальше »
2019-7-13 23:37 | |
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Iran Central Bank Deputy Chief Tells Citizens Trading Bitcoin Is Illegal
The deputy governor of the Iranian central bank told media outlets that trading bitcoin and other cryptocurrencies within the country is illegal. Iranian residents took to the pioneer cryptocurrency as a means of securing their wealth as the Iranian Rial depreciated over the past three years, as reported by Tasnim News Agency on July 8, 2019. дальше »
2019-7-9 01:00 | |
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Maduro orders Venezuelan bank to sell Petro cryptocurrency in latest pump attempt
Venezuela’s President Nicolas Maduro has ordered that every branch of the Banco de Venezuela should allow citizens to buy and trade El Petro, the state-issued cryptocurrency he’s so intent on pursuing. дальше »
2019-7-5 13:54 | |
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Bitcoin prices soar after massive premiums on trading and rebirth of Zimbabwe Dollar
With Zimbabwe Dollars being brought back from the dead, citizens of the country are facing a lot of problems. Additionally, the fiat currency is facing rejection by citizens and it is getting problematic for Bitcoin enthusiasts in the country to buy BTC due to an enormous premium on it. дальше »
2019-7-3 17:30 | |
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BCH Can Be the Global Coin for Daily Spending, Says Italian Crypto Executive
Italy has had its share of economic problems in the past decade and a growing number of its citizens blame the euro for their country’s misfortunes. Italians, many of whom still prefer to use cash, are now turning their attention to cryptocurrencies such as BCH. дальше »
2019-6-23 13:57 | |
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South Korean banks spearhead blockchain adoption
South Korea is a global crypto hot spot and its citizens are some of the most enthusiastic crypto traders in the world. The technology-focused country continues to adopt blockchain solutions with South Korea’s largest bank Kookin the latest to announce a new crypto initiative. дальше »
2019-6-19 22:30 | |
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Bitcoin Trades for a Premium in Hong Kong During Protests
Right now, thousands of citizens from Hong Kong are protesting certain leaders and opposing a proposed extradition law. Alongside the protests, the country’s political issues are reportedly pushing wealthy Hong Kong residents to move their capital offshore. дальше »
2019-6-17 00:45 | |
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Facebook, Twitter and major social media sites blocked amid Liberian anti-corruption protest
Telecommunications companies and Internet Service Providers (ISPs) in Liberia have restricted Internet access in the country by blocking Facebook, WhatsApp, Twitter, Instagram, and Snapchat amid anti-corruption protests by citizens. дальше »
2019-6-12 11:01 | |
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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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LocalBitcoins Denies Service to Iranian Users
The popular peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users. LocalBitcoins’ website offers a variety of pages for users of different nations and, as of May 24, 2019, the Iranian page displays a message that “LocalBitcoins is currently not available in your selected region,” in English only. дальше »
2019-5-25 20:14 | |
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Lawyers are trying to figure out who to sue in the event of an asteroid impact
If you or a family member were struck by an asteroid, you may be entitled to compensation. Call the law offices of Jones, Anderson, and Leibovitz to see if you qualify. It’s hard to imagine a world so litigious that an extinction-level event could generate a lengthy and expensive court battle. дальше »
2019-5-9 02:43 | |
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Myanmar Central Bank Warns Against Cryptocurrency Trading
Myanmar’s apex bank is sounding a note of warning to citizens against the dangers of trading with cryptocurrency. Per the report from The Irrawaddy May 03, 2019, the country’s central bank frowns on the use of virtual currencies, as there have been reports of digital currency scams by inexperienced victims. дальше »
2019-5-5 01:00 | |
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Blockchain-Challenged Authorities Take Down Crypto’s Largest Dark Web
By CCN: It appears safety standards for criminals on the dark web are shrinking quickly. Following a series of raids in both Germany and the United States, American and European officials have succeeded in taking down what they call one of the world’s “largest online criminal trafficking operations. дальше »
2019-5-4 01:10 | |
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Bolivar to Bitcoin Volumes Hit All-Time High as Venezuela Crisis Intensifies
By CCN. com: As the political and economic crisis in Venezuela escalates, citizens of the South American country are taking refuge in Bitcoin. In the final week of April, a record amount of Venezuelan bolivars were spent buying bitcoin per Coin Dance. дальше »
2019-5-2 17:07 | |
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