Category: Cryptocurrency

A New Bitcoin World

Point-of-Sale Platform Anypay Adds Full Bitcoin Cash Support

Point-of-Sale Platform Anypay Adds Full Bitcoin Cash SupportBitcoin Cash (BCH) proponents were pleased to hear this week that the point-of-sale payment processing application Anypay has fully integrated BCH. With the Anypay platform, anyone can accept BCH at their store using a tablet, mobile device or desktop in a noncustodial fashion. Also read: Properties Are Still Being Sold for Cryptocurrency Despite the Bear Market […]

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February 3, 2019 0

Wyoming Senate Passes Bill Recognizing Cryptocurrency as Money

Wyoming Senate Passes Bill Defining Cryptocurrency as PropertyThe Senate of the U.S. state of Wyoming has passed a bill which defines cryptocurrency as property and establishes rules including for allowing banks to provide crypto custodial services. For secured transactions, however, the bill recognizes cryptocurrency as money subject to some of the same rules as money in the state. Also read: Indian Supreme Court Moves […]

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February 2, 2019 0

Over 50 Bitcoin ATMs Operate Legally in Russia, Study Finds

Over 50 Bitcoin ATMs Operate Legally in Russia, Study FindsAt least 51 cryptocurrency ATMs operate in compliance with the current regulations in Russia, estimates a new report. According to the study produced by the country’s crypto industry association, the average monthly turnover of each of these teller machines is around $27,000. Also read: Crypto Startups Push Swiss VC Investments to a Record $1.25B Most […]

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February 1, 2019 0

Coincheck Registers 1.7M New Users Since Resuming Operations

Coincheck Registers 1.7M New Users Since Resuming Operations Last OctoberCoincheck has reported 1.73 million downloads of its mobile app since the Japanese cryptocurrency exchange resumed new account signups, withdrawals, deposits and limited trading in October. By the end of December, more than 900,000 of the new users had gone on to confirm their identities, in what looks like a remarkable comeback for an exchange […]

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February 1, 2019 0

Cryptocurrency Is Providing a Lucrative New Revenue Stream for Governments

Cryptocurrency: New Lucrative Income Source for GovernmentsCryptocurrency’s resistance to government control is countered by the fact that a number of governments, including Chile, Romania, Spain and South Africa, are looking to cash in by taxing crypto assets. These countries are crafting laws that bind citizens to annually disclose cryptocurrency investments that, in some cases, are held at home and abroad, and […]

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January 29, 2019 0

Venezuelan President Raises Petro’s Value Again in Bid to Create ‘New System’

Venezuela President Raises Petro's Value Again in Move to Create 'New System'For the second time in a little over a month, Venezuela’s president Nicolas Maduro has hiked up the value of the national cryptocurrency, the petro, this time to 36,000 sovereign bolivars. The move has again been met with criticism.  Also read: Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It ‘A New Monetary System’ […]

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January 16, 2019 0

Malaysia Starts Regulating Cryptocurrencies Today

Malaysia Starts Regulating Cryptocurrencies TodayMalaysia’s finance minister has announced that the order to regulate cryptocurrencies and initial coin offerings as securities has come into force. Crypto service providers and exchanges are required to obtain authorization from the country’s Securities Commission, which will work with the central bank to ensure compliance. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls […]

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January 15, 2019 0

Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It

Acknowledging Venezuela’s efforts to deal with inflation and sanctions by creating a state-issued cryptocurrency, Russian officials have nevertheless declined a proposal to use the oil-backed coin in bilateral trade. According to Russian media, Moscow has recently offered Caracas a set of measures aimed at mending the country’s economy but the petro is not among the […]

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January 13, 2019 0

A Look at Some of the ‘Next Generation’ Mining Rigs Available Today

A Look at Some of the 'Next Generation' Mining Rigs Available TodayOver the last year, cryptocurrencies have lost a lot of value yet bitcoin miners continue to process transactions and earn block rewards. A bunch of new mining rigs were announced in 2018 that packed some serious hashrate. As the new year begins, some of the top devices that process between 28-76 trillion hashes per second […]

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January 12, 2019 0

Venezuela Decrees Crypto Operators Must Pay Taxes in Cryptocurrencies

Venezuela Decrees Crypto Operators to Pay Taxes in CryptocurrenciesThe Venezuelan government has published a decree requiring taxpayers with crypto operations in the country to pay their taxes in cryptocurrencies. Similarly, operators of foreign currencies must pay their taxes in those currencies. The decree states that the change is necessary for the “strengthening of the current fiscal regime.” Also read: Indian Supreme Court Moves Crypto Hearing, […]

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January 9, 2019 0