Author: Kevin Helms

A New Bitcoin World

Spain Approves Bill Requiring Cryptocurrency Owners to Disclose Crypto Holdings

Spain’s government has reportedly approved a bill that requires cryptocurrency owners to disclose their crypto holdings and any gains on their assets. Spain’s Finance Minister and the government’s spokesperson, Maria Jesus Montero, said at a press conference following the weekly cabinet meeting that this bill is part of broader legislation to crack down on tax […]

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October 13, 2020 0

Bitcoin for Spain’s Congress: BTC Sent to 350 Spanish Parliament Members

Bitcoin for Spain’s Congress: 350 Spanish Parliament Members Receive BTCBitcoin has been sent to 350 deputies of the Spanish Congress as part of an educational initiative similar to the “Crypto for Congress” campaign that sent bitcoin to all Members of U.S. Congress. Bitcoin Sent to 350 Spanish Lawmakers All 350 members of Spain’s Congress of Deputies have been sent bitcoin worth a euro each […]

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October 11, 2020 0

Bitcoin ATMs Surpass 10,100 Worldwide: Expert Shares Industry Outlook

Bitcoin ATMs Surpass 10,100 Worldwide: Expert Shares Industry OutlookThe bitcoin ATM industry has reached a milestone as the number of machines installed worldwide has surpassed 10,000 after seven years since the first machine was installed. There are now 10,162 bitcoin ATM locations spread across 71 countries. Number of Bitcoin ATMs Exceeds 10K The number of cryptocurrency ATMs has grown significantly over the years, […]

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September 22, 2020 0

Kraken Cryptocurrency Exchange Gets US Banking License, Plans to Be Global Bank

Kraken Cryptocurrency Exchange Gets US Banking License, Plans to Be Global BankCryptocurrency trading platform Kraken has received a banking license recognized under federal law to operate as a bank in the U.S. The company has outlined its plans to offer a number of cryptocurrency-focused financial services locally and globally. Kraken Now a US Bank Kraken announced Wednesday that it has received a U.S. bank charter. “The […]

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September 17, 2020 0

Venezuela’s Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption Index

Venezuela's Bitcoin Use Soars Amid Hyperinflation: 3rd on Global Crypto Adoption IndexVenezuelans have become increasingly interested in cryptocurrency as their country faces dire economic crisis and hyperinflation, a new study by blockchain data analytics firm Chainalysis shows. The firm’s Global Crypto Adoption Index ranks Venezuela third as “The country has reached one of the highest rates of cryptocurrency usage in the world.” Cryptocurrency Adoption Soars in […]

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August 31, 2020 0

305 Venezuelan Municipalities to Collect Tax in Cryptocurrency Petro

305 Venezuelan Municipalities to Collect Tax in Cryptocurrency PetroVenezuela’s national tax harmonization agreement has been signed by the council representing 305 municipalities. They have agreed to use the country’s cryptocurrency, the petro, as the unit of account for tax payments. Taxing in Petro The Bolivarian Council of Mayors signed Venezuela’s National Tax Harmonization Agreement on Sunday, placing the cryptocurrency petro as the unit […]

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August 13, 2020 0

Russia Developing AI System to Monitor Cryptocurrency Transactions — Prototype Already in Use

Russia Developing AI System to Monitor Cryptocurrency Transactions — Prototype Already in UseRussia is reportedly developing a system using artificial intelligence to track and analyze transactions involving cryptocurrencies, such as bitcoin, dash, and monero. The system prototype has already been created and is currently being tested. This news followed the signing of crypto regulation into law by President Vladimir Putin. Russian Crypto Monitoring System The Russian government […]

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August 12, 2020 0

Power Plants in Iran Now Authorized to Mine Bitcoin

Power Plants in Iran Now Authorized to Mine BitcoinPower plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary licenses from the Ministry of Industry, Mine and Trade, and comply with the tariffs […]

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July 29, 2020 0

A1 Telekom Austria Adds Bitcoin to Payment Service for Thousands of Retailers

A1 Telekom Austria Adds Bitcoin to Payment Service for Thousands of RetailersAustria’s leading telecom company, A1 Telekom Austria Group, has announced that its merchant payment service now accepts cryptocurrencies, including bitcoin, for cashless payments. The company operates in seven countries and has 25 million customers. A1 Telekom Austria Group is a leading provider of digital services and communications solutions in Central and Eastern Europe. Listed on […]

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July 28, 2020 0

Here’s How to Check If a Bitcoin Address Is a Scam

Here's How to Check If a Bitcoin Address Is a ScamWith the rapid rise in the number of bitcoin scams, there are easy ways to check if a bitcoin address has been reported as being used by scammers, such as in fake bitcoin giveaways. You can also easily report any bitcoin address associated with a scam. Check the ‘Bitcoin Abuse’ Database The number of bitcoin […]

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July 22, 2020 0