Tag: crypto

A New Bitcoin World

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

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

Google Play Store Forces Samourai Wallet to Remove Security Features

Google Play Store Forces Samourai Wallet to Remove Security FeaturesSamourai Wallet has announced that, due to the Google Play Store’s “new extremely restrictive policies,” a number of security features are being removed from the wallet. The developers have applied for an exemption to the new rules, but Google has rejected their request. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations […]

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January 8, 2019 0

Venezuela Wants to Use Petro to Finance Large Housing Program

Venezuela Wants to Finance Large Housing Program With PetroCompleting a project to build 3 million homes for its suffering population is the next big initiative Venezuela wants to finance with its digital currency, the petro. The socialist government in Caracas says there is enough money and materials to fulfill the main objective of the “Great Housing Mission.” Also read: Crypto-Friendly Statesman Takes Over Swiss […]

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January 6, 2019 0

1 in 7 Chinese Have Invested in Cryptocurrency 

A survey conducted by Panews has found that 14% of Chinese citizens have invested in cryptocurrencies. The survey also found that 98% of respondents indicated familiarity with the concepts of cryptocurrency and bitcoin – 3% more than those who stated that they had heard of blockchain technology. Also Read: Skeptical Payoneer CEO Dismisses Idea of Single […]

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December 30, 2018 0

7 Major Exchanges in Korea Agree on Joint Measures

7 Major Exchanges in Korea to Create a Healthy Cryptocurrency EcosystemSeven major crypto exchanges in South Korea have joined forces to create a sound cryptocurrency ecosystem. They have agreed on joint measures such as information sharing and real-time monitoring of abnormal transactions. Meanwhile, the Korean government is working on institutionalizing crypto exchanges. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Seven […]

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December 12, 2018 0

Japan’s Money Forward Announces Details of Upcoming Cryptocurrency Exchange

Japan’s Money Forward Announces Upcoming Cryptocurrency ExchangeJapanese public company Money Forward, operator of a personal budgeting app with 7 million users, is preparing to launch a crypto exchange. Three cryptocurrencies will be supported. A representative of the company has shared some details with news.Bitcoin.com about the platform and the company’s future crypto projects. Also read: Indian Supreme Court Moves Crypto Hearing, Community […]

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December 5, 2018 0

Maduro Orders Price of Venezuela’s ‘Cryptocurrency’ to More Than Double

Maduro Orders Price of Venezuela’s ‘Cryptocurrency’ to More Than DoubleVenezuela’s President Nicolas Maduro has announced that the price of the petro, his country’s national “cryptocurrency,” has been increased from 3,600 sovereign bolivars to 9,000. While the wallet for the petro is still unavailable, the Venezuelan government continues to sell the digital currency and issue certificates of purchase to buyers. Also read: Indian Supreme Court Moves […]

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December 3, 2018 0

Deutsche Bank Headquarters Raided by 170 Police Officers Over Money Laundering

Deutsche Bank Headquarters Raided by 170 Police Officers Over Money LaunderingDeutsche Bank’s headquarters and five other offices have been raided by 170 police officers, prosecutors, and tax inspectors over money laundering allegations. The bank’s written and electronic business documents were reportedly seized. Its employees allegedly helped clients set up offshore companies to launder money. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive […]

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November 30, 2018 0