Cryptocurrencies

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Survey: Indians See Brighter Crypto Future than Americans

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Despite repeated government warnings against crypto investing, a sizable majority of Indians feel optimistic about the future of cryptocurrencies. Just as many Indians, as Americans, 7%, admit they own bitcoin or an altcoin, according to a survey that covered 6 countries, including major markets. Indians are more optimistic, however – 68% believe that most people will … Read more

South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations

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South Korean government officials have reportedly been caught insider trading. They sold all of their cryptocurrency holdings and profited just before the regulators announced crypto regulatory measures. The country’s Financial Supervisory Service is investigating the case. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading A Case of Government … Read more

Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March

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The decree signed by Belarusian president Alexander Lukashenko which legalizes cryptocurrencies, initial coin offerings, and smart contracts, will enter into force in March. Cryptocurrency activities are not restricted by the decree and will be tax exempt until 2023. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Cryptocurrencies Soon … Read more

St. Louis Federal Reserve Reps in Favor of Cryptocurrencies

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Aleksander Berentsen and Fabian Schär of the Federal Reserve Bank of St. Louis have recently published an article that emphasizes many of the benefits of cryptocurrencies. The article states “that cryptoassets are well suited to become an important asset class,” in addition to offering praise regarding a number of the major applications associated with cryptocurrencies. … Read more