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According to regional reports, China’s police agency is allegedly monitoring cryptocurrency exchanges based outside of the country. An informant details that China’s Public Information Network Security Supervision task-force is closely watching both domestic and foreign trading platforms involved with cryptocurrencies to prevent fraud, pyramid schemes, and money laundering. Also Read: British Man in Amsterdam Allegedly … Read more
If you are holding the cryptocurrency for the benefit of someone else, who has to pay the taxes? #EXPERT_TAKE Go to Source Powered by WPeMatico
Perhaps cryptocurrency’s largest institutional nemesis is JP Morgan Chase. Led by the ever-belligerent Jamie Dimon, it and he have taken numerous opportunities to sandbag bitcoin and its spawn. Theories about why have long circled, but now there appears to be proof the legacy bank is threatened by decentralized currency in digital form, according to an … Read more
Referring to Bitcoin, Wall Street investor Bill Miller says “bubbles are necessary” to test the endurance of new inventions. #NEWS Go to Source Powered by WPeMatico
Canada-based gold trading company Goldmoney expands its crypto cold storage with two more coins. #NEWS Go to Source Powered by WPeMatico
The Venezuelan government has made some new claims about the pre-sale of the country’s oil-backed cryptocurrency, the petro. After one week, President Nicolas Maduro said that the petro had raised $3 billion from 171,015 certified purchases, from investors in 127 countries. The majority of the orders were in dollars, followed by bitcoin and ether, according … Read more
The news that mobile payment app Circle had acquired Poloniex had many people’s interest piqued, but the real story behind it is the way in which Goldman Sachs is maneuvering into the cryptocurrency space #FOLLOW-UP Go to Source Powered by WPeMatico
The Thai government is concerned with the growing number of companies in Thailand racing to launch their initial coin offerings ahead of regulations. This has prompted the country’s regulators to hurry with the regulatory framework for token sales, ahead of cryptocurrency regulations. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten ICOs Growing in Popularity … Read more
Australia: in a notable move for crypto adoption, a local crypto exchange has introduced a BTC, ETH purchasing service across more than 1,200 newsstands in the country #NEWS Go to Source Powered by WPeMatico
The State Financial Monitoring Service of Ukraine has published its official position on crypto matters. While offering some borrowed definitions of terms like virtual currency and mining, the agency notes that changes to the legal status of cryptocurrencies in the country are expected. Also read: Uzbekistan to Legalize Bitcoin and Support Developers Due Diligence In … Read more
