Experts in blockchain and crypto, central bank officials and researchers take on the question: Why do we need state-owned cryptocurrencies? There are several countries around the world that are developing national blockchain-based digital currencies — such as Venezuela and its state-owned Petro (PTR), China and its plans to issue a government-backed digital currency, etc. We […]
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2019 has seen a new way of fundraising, IEOs, become the go-to way to raise capital while ICOs lose steam. The crypto community has seen a tectonic shift in fundraising trends: from the decline of initial coin offerings (ICOs) to the hype around security token offerings (STOs) and then the rise of initial exchange offerings […]
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Major expansion of payment systems in Brazil and no taxes on BTC transactions in Portugal in news of the week from Cointelegraph Brasil. This week saw major expansion of crypto payments in Brazil, new standards freeing Bitcoin from Portuguese taxes, and the allegedly fraudulent Grupo Bitcoin Banco’s refusal to pay clients their deposited funds. Brazil’s […]
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From Cointelegraph en Español: Paypal changing policies in Mexico, new crypto payments in Spain and more government announcements about the Petro from Venezuela. The Spanish-speaking world saw a number major developments this week, with several companies accepting cryptocurrencies as a form of payment and the Venezuelan government making new claims about the use and acceptance […]
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Facebook Libra is seeking worldwide compliance, but experts are sceptical that the project can meet its 2020 release date due to regulatory uncertainty. For the cryptosphere, August was marked by the hotly debated announcements of world giants regarding the releases of international cryptocurrencies. The People’s Bank of China (PBoC) announced the imminent release of a […]
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China’s central bank relies on centralization and suppression of open technologies such as blockchain, with its next step being to issue a national stablecoin. The People’s Bank of China (PBoC), the country’s central bank, has announced that it is planning to launch a central bank digital currency (CBDC), inspired in part by Facebook’s Libra project. […]
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The Ministry of Economy of Kyrgyzstan has submitted a draft law which proposes the taxation of crypto mining. On Aug. 28, the Ministry of Economy of Kyrgyzstan has submitted the draft law “On Amending the Tax Code” with the aim of introducing cryptocurrency mining taxation. New tax proposal According to news outlet Kabar, the draft […]
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Australian software programmer Rusty Russell warns users of security issues found in various Bitcoin’s Lightning Network projects, urges to update the software. Australian software programmer and Bitcoin’s (BTC) Lightning Network coder Rusty Russell warned users that “security issues have been found in various Lightning projects which could cause loss of funds.” Urgent update recommended On […]
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Bitcoin price fell below $10K once again. But historical data is showing several similarities to previous corrections within larger bull market cycles. While Bakkt clients will be able to deposit their funds into the Bakkt Warehouse next week on Sept. 6, Bitcoin price is trending downwards after falling below $10,000 in the run-up to the […]
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Can PAC give crypto a push? BitPAC — conceivably the only active crypto-centric political action committee — announced its plans to hold an ICO… Earlier this week, BitPAC — conceivably the only active crypto-centric political action committee (PAC) — announced its plans to hold an initial coin offering (ICO). The committee will reportedly issue a […]
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