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Swiss Financial Watchdog Proposes $1,000 Client Identification Threshold for Crypto Transactions
Famous for its favorable business climate that has attracted hundreds of crypto companies, Switzerland is now expanding its financial regulatory framework. Some of the upcoming rules will increase oversight in the blockchain industry in compliance with new international standards regarding operations with digital assets. дальше »
2020-2-8 07:45 | |
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Cryptocurrency Retirement Account Manager Bitcoin IRA, Crosses $400M In Transactions
On Tuesday, Bitcoin IRA, which is based in the United States has managed to surpass the $400 million mark in terms of cryptocurrency transactions since their inception in 2016. The company provides individual retirement accounts that are harmonious with digital assets. дальше »
2020-1-29 18:01 | |
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Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks
Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use. дальше »
2020-1-27 17:00 | |
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Bank of France Gov: Central Bankers Should Issue Digital Currencies, Not Private Companies
Villeroy de Galhau, Governor of the Bank of France, said on Saturday that virtual currency can be useful especially when cash transactions are decreasing in various nations, however, it should be the prerogative of central banks to issue it and not private firms, Reuters reports. дальше »
2020-1-26 19:48 | |
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Hong Kong, Thai Central Banks Plan To Issue Joint Digital Currency For Cross Border Payments
According to an official joint press release from the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT), the two institutions are working on a blockchain that enables efficient transactions between banks in the two countries. дальше »
2020-1-23 20:45 | |
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KuCoin’s PoS Mining Platform Pool-X Launches the World’s First Liquidity Trading Market
Pool-X, the next generation POS mining platform supporting lockup crypto transactions backed by KuCoin, today announced the launch of its Liquidity Trading Market. The market allows users to buy and sell staked digital assets, bringing more flexibility and liquidity to the staking economy. дальше »
2020-1-22 11:07 | |
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New Congressional Bill Seeks To Exempt Small Crypto Transactions From Taxes
A Congressional bill seeking to exempt daily crypto purchases and transactions from capital gains taxation has been returned to the US Congress. The bill known as “The Virtual Currency Tax Fairness Act of 2020,” seeks to exempt digital currency expenditures that are personal transactions from capital gains taxation. Users will not be required to report […] дальше »
2020-1-17 00:18 | |
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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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Digital Asset Security Firm Fireblock Backed By Fidelity Gets EY’s SOC 2 Type II Accreditation
Fidelity Digital Assets (FDAS) thinks that in the future, custodians will work from behind the scenes to store cryptocurrencies for clients from different firms. At the same time, its enterprise-based platform for crypto transactions, Fireblocks, has just passed an EY audit that confirms it complies with data security standards, which has led to talks with […] дальше »
2019-12-20 21:21 | |
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ECB Builds a Proof of Concept using Corda to Explore Anonymity in CBDC
European Central Bank (ECB) is now exploring anonymity in central bank digital currencies that would safeguard the privacy of those users who conduct low-value transactions but ensure high-value transfers are subject to anti-money laundering (AML) checks. дальше »
2019-12-17 21:43 | |
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Metaverse to Accelerate Blockchain Adoption with Lightning Networks for Merchants
Coinspeaker Metaverse to Accelerate Blockchain Adoption with Lightning Networks for MerchantsBy bringing Lightning Network’s speed and costs to payment channels on blockchain protocols, Metaverse will help merchants to accept transactions in digital currencies. дальше »
2019-12-17 11:54 | |
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Ciphertrace Says Banks Unknowingly Process $2 Billion in Crypto per Year
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 cryptocurrency transfers. дальше »
2019-12-17 03:30 | |
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Poles Hit With Backdated Tax on Crypto Trades
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 tax administration recently clarified. дальше »
2019-12-17 21:20 | |
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Uphold Users Gain Access to Salt’s Crypto-Backed Loans
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. дальше »
2019-12-16 06:09 | |
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Marshall Island’s Sovereign (SOV) Digital Currency Was Inspired By Block.One’s EOS
Marshal Island approved for the development of the national digital currency. Sovereign (SOV), almost a year back in order to tackle increasing remittance costs and provide faster transactions. The white paper of the digital SOV bears a lot of design resemblance to Block One's EOS. дальше »
2019-12-10 17:24 | |
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MOBI to Develop Mobility Payments Network for Machine-to-Machine Transactions Based on Blockchain
MOBI, the Mobility Open Blockchain Initiative, is exploring blockchain for use in a new digital mobility ecosystem that could make transportation safer, more affordable, and more widely accessible. According to reports from Bloomberg on December 8, the non-profit organization is developing a blockchain-based payment network that allows for machine-to-machine transactions. дальше »
2019-12-9 17:00 | |
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While Markets Move Sideways, Crypto Whale Sightings Increase
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. дальше »
2019-12-8 21:43 | |
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Former PBoC Governor: Digital Currency to Be Used for Retail and Remittance
Zhou Xiaochuan, former governor of the People’s Bank of China (PBoC), believes that digital currency and blockchain should continue to be a focus for China moving forward, citing the use of the coins for domestic retail transactions as well as remittance payments. дальше »
2019-11-27 03:00 | |
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No One is Spending Bitcoin For Fear of the Tax Man
Spending Bitcoin (BTC) may be easy, but mainstream users are avoiding it. There may be one reason – the recent interest of the taxman in digital coins. Bitcoin Income May Create Taxable Event Not only US citizens, but also internationals, see the usage of BTC as creating a taxable event. дальше »
2019-11-22 14:58 | |
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Franklin Templeton to protect new money market fund with Curv MPC wallet
Curv, a platform to secure and sign transactions on blockchain technology, announced today that Franklin Templeton, a leading global asset manager, has selected Curv’s institutional wallet service to protect digital assets for the firm’s new money market fund, whose shares will be recorded on the Stellar Network. дальше »
2019-11-21 21:24 | |
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Here Are Some Fun Things to Do With Bitcoin Cash
The best use for any currency would be to spend it on things you need or even better, enjoy. And spending has to be easy and inexpensive too. Bitcoin cash has these characteristics and brings them to the digital money world. дальше »
2019-11-21 11:50 | |
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Gods Unchained Records Higher Usage than CryptoKitties, Ethereum Network Remains Unclogged
It wasn’t too long ago that CryptoKitties fever went overboard and crashed the entire Ethereum network with an unfathomable number of transactions. In a recent Twitter thread, Coin Metrics explains how Gods Unchained, a digital card trading game, has surpassed CryptoKitties in transaction volume without being a burden on the network, November 20, 2019. дальше »
2019-11-20 14:00 | |
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Crypto Tax: De Minimis Exception Could Complicate Things for IRS
A provision for de minimis exception in crypto taxes could lead coin holders to manipulate the system while burdening IRS further. The US Internal Revenue Service recently published guidance regarding the tax treatment of digital currencies. дальше »
2019-11-20 12:00 | |
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Central Bank of China Starts Trials to Restrict Large Cash Transactions
The central bank of China will pilot a restriction on large-scale cash transactions, possibly paving the way for its upcoming digital Renminbi
дальше »2019-11-15 05:10 | |
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Bitcoin Could Breakout Towards $12,000 Suggests Analyst
The Royal Bank of Canada (RBC), Canada’s largest bank, stated that it is taking into consideration the deployment of a cryptocurrency trading platform. The platform would allow users to conduct transactions of digital assets, including Bitcoin and Ethereum, along with using their digital assets for online and in-store purchases. дальше »
2019-11-14 16:10 | |
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Intain partners with ZYEN to build tokenization platform for energy assets
Intain, a provider of technology that enhances the management of capital markets transactions for both traditional and digital securities issuances, announced today that it has entered into a collaboration with energy technology company ZYEN, to support the development of a new energy asset tokenization and trading platform. дальше »
2019-11-13 19:38 | |
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Highly Anticipated “Bithumb Coin” Officially Announced by Bithumb Global
SINGAPORE – Bithumb Global, the leading digital asset exchange in the world, announces the highly anticipated crypto asset, Bithumb Coin (BT), which is the native token for the recently announced Bithumb Chain. дальше »
2019-11-12 07:52 | |
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Omise To Offer PayNow Payment Options In Singapore; Faster And More Secure Transactions
Asia-focused Payment Gateway, Omise announced that it will be offering PayNow to customers in Singapore reports Finance Magnates. Customers, namely small and medium-sized e-commerce businesses can expect this addition to take place sometime next month. дальше »
2019-11-12 01:38 | |
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Canadian Stablecoin ‘CUSD’ Launches Today
An Ontario based blockchain company is rolling out the first fully-regulated Canadian-delivered USD stable coin. According to news published by Yahoo Finance on November 11, the new stable token aims to ease access to the digital currency asset class in North America and facilitate cross-border transactions between Canada and the U. дальше »
2019-11-12 00:00 | |
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Peter Schiff Fires Back After Facebook Crypto Head Calls Bitcoin “Digital Gold”
Last week, speaking at the New York Times DealBook Conference, David Marcus, the head of Facebook’s cryptocurrency projects, called Bitcoin “digital gold,” while simultaneously arguing that the coin is not a good currency for transactions: “I don’t think of Bitcoin as a currency. дальше »
2019-11-12 20:52 | |
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Swell 2019: How On-Demand Liquidity Is Changing the Global Payments Game
Last year at Swell, we first announced On-Demand Liquidity (ODL), which leverages the digital asset XRP as a bridge currency to eliminate the need for pre-funding in cross border payments. Since then, we have seen tremendous growth and customer interest with more than 7x the number of transactions using ODL from the end of Q1 … Continued The post Swell 2019: How On-Demand Liquidity Is Changing the Global Payments Game appeared first on Ripple. дальше »
2019-11-7 13:36 | |
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DUST Identity and Algorand scale blockchain authenticated physical objects
DUST Identity, a company linking physical objects to their digital record, has announced a partnership with Algorand, a recently launched high-performance blockchain platform designed for real-world applications. дальше »
2019-11-7 17:58 | |
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AXEL Token to be Listed on IDAX, A Global Top Ten Cryptocurrency Exchange
Las Vegas, NV, November 5, 2019 – AXEL announces the listing of its AXEL Token on IDAX, an international crypto exchange platform ranked one of the world’s Top Ten exchanges, with almost $1. 3 billion USD in daily trading volume. дальше »
2019-11-7 17:18 | |
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China’s National Digital Currency is Anything but Decentralized says Ethereum Co-Founder
China’s national digital currency is in the works, which would monitor transactions and curb money laundering. However, according to a recent interview with CNBC on November 5, 2019, Ethereum co-founder, Joseph Lubin, believes that China’s central bank digital currency (CBDC) lacks a key component of blockchain technology, which is decentralization. дальше »
2019-11-6 10:00 | |
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Bitcoin Cash Captured 90% of October’s Crypto Spending in Australia
Just recently the web portal Bitcoinbch. com reported that the number of bitcoin cash (BCH) Australian retail transactions throughout the month of September outshined every other digital currency by a wide margin. дальше »
2019-11-6 07:30 | |
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Do the Math: XRP is One Tenth As Volatile As Fiat for Cross-Border Transactions
Many consider data transparency the foundation of truth. It gives people access to information and an opportunity to form their own, unbiased opinions. At Ripple, we provide transparency about Ripple’s sales of the digital asset XRP through our quarterly reporting, and we continue to find other ways to share new useful data and insights about … Continued The post Do the Math: XRP is One Tenth As Volatile As Fiat for Cross-Border Transactions appeared first on Ripple. дальше »
2019-11-1 20:29 | |
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XRP Daily Transactions Reaches The Last Bull Market Level Ahead of Ripple Swell Event
The number of daily XRP transactions has exploded, closing on the all-time high of 1. 70 million, in what could be the largest spike ever the digital asset has seen in its transaction output. According to Bitinfocharts, from just 727k on Oct. дальше »
2019-10-30 16:54 | |
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Bakkt Announces Starbucks as First Partner for Consumer App to Be Launched in 2020
Coinspeaker Bakkt Announces Starbucks as First Partner for Consumer App to Be Launched in 2020Bakkt has announced that next year it will release an app to help consumers and merchants handle business transactions with digital assets. дальше »
2019-10-29 21:34 | |
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IOTA Partners with FIWARE to Build Digital Economy Blockchain Solutions
Berlin-based blockchain non-profit – the IOTA Foundation – announced that it had allied with FIWARE Foundation. The partnership will see IOTA’s Tangle serve as an immutable, verifiable, and trusted record of data to find relevant context data transactions in “Powered by FIWARE” architectures. дальше »
2019-10-24 16:02 | |
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Illinois congressman says Bitcoin transactions are ‘kind of traceable now’
At a panel discussion conducted by the Chamber of Digital Commerce on October 21, Illinois congressman and member of the Congressional Blockchain Caucus, Bill Foster, spoke on cryptocurrency legislation and his experience with policymakers. дальше »
2019-10-22 21:36 | |
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Traditional Law and Finance Can Adapt to Bitcoin, These Examples Show
Bitcoin brought about solutions to persistent problems that stood in the way of previous attempts to invent digital money, such as the risk of double spending. Some of its features, however, like the characteristic irreversibility of blockchain transactions, have created certain challenges for the traditional legal and financial systems. дальше »
2019-10-21 21:48 | |
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Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin
The BCH-centric web portal Bitcoinbch. com published 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 the top digital currency in Australia. дальше »
2019-10-14 20:36 | |
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XRP transaction in batches of 28,000 XRP pop-up overnight from Bitstamp to Bitso
Ripple has been actively pushing its technology using the digital asset, XRP in the traditional market. With traditional money transfer companies like MoneyGram adopting XRP, XRP/MXN volume saw a noticeable spike on Bitso by 25%. дальше »
2019-10-6 17:00 | |
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Chainalysis Launches Investigative Software For ERC-20 Tokens
Chainalysis, a service exploring the Ethereum network, has opened a compliance tool ahead of the upcoming stricter requirements for digital asset transfers. So far, Chainalysis has been skilled at tracking ERC-20 tokens when moved from hacked accounts. дальше »
2019-10-5 20:00 | |
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IKEA just allowed an invoice to be paid via the Ethereum blockchain
IKEA Iceland has used Ethereum technology to settle an invoice with a local retailer, accepting paymentprogrammed on the Ethereum blockchain. “As the first company authorized to issue e-money on blockchains, we are delighted to demonstrate the benefits of blockchains for mainstream B2B transactions using a legal form of digital money,” said Monerium CEO Sveinn Valfells. дальше »
2019-10-2 16:33 | |
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