An overview of the stances of China, Russia, India and the developing world toward crypto regulation in 2019. This is the second part of a three-part series that covers the regulatory landscape for digital currencies in 2019 and looks at the prospects of 2020. While the first chapter in the series looked at the “Insiders,” […]
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A working paper raises concerns about a run on the banks in times of financial instability, with tiered interest rates proposed as a solution. The European Central Bank (ECB) remains open to the idea of a digital euro equivalent but would want to stop citizens holding too much of it. That was the conclusion of […]
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Bitcoin is making the U.S. dollar look like the German papiermark of the 1920s, says Antoni Trenchev as BTC/USD hits $7,300. Bitcoin (BTC) can “very easily” hit $50,000 during 2020, the CEO of one cryptocurrency industry business has told mainstream media. In an interview with Bloomberg in Berlin on Jan. 3, Antoni Trenchev, head of […]
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Trading against four cryptocurrencies and two stablecoins to begin a day after Binance’s CEO promised to “bring crypto to the masses.” Cryptocurrency exchange Binance has confirmed it will offer euro (EUR) trading against six cryptocurrencies in the platform’s latest fiat expansion. In a blog post on Jan. 3, Binance confirmed trading for EUR pairs would […]
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Bitcoin price abruptly rallied 6.5%, reclaiming yesterday’s losses and attempting to set a daily higher high above $7,300 but will more buyers now step in? In a stunning turn of events, Bitcoin (BTC) price swiftly reversed course and rallied 6.4%, reclaiming ground lost over the last 24-hours and briefly topping $7,288 before pulling back to […]
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Coinbase CEO Brian Armstrong sums up the crypto industry over the last ten years, describing how we got from there to here. Coinbase CEO Brian Armstrong published a Medium post on Jan. 2 sharing his thoughts on how the crypto space has progressed over the last ten years. Armstrong’s post, inspired by Fred Wilson’s article on […]
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Electra project to beta-test ElectraPay, a cryptocurrency system for merchants that purports to be free of service providers, banks or credit card companies. Electra (ECA), the open-source Proof-of-Stake (PoS) blockchain project focused on digital payments, will begin beta testing its flagship product this month. Known as “ElectraPay,” the product functions as a financial management system […]
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Cryptocurrency mining giant Bitmain is reportedly planning to layoff another 50 percent of its employees in advance of the Bitcoin halving coming in May. Cryptocurrency mining giant Bitmain reportedly has plans to reduce its workforce by another fifty percent. On Dec. 2, Chinese news media outlet Wushuo Blockchain reported that Bitcoin (BTC) mining rig maker […]
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Facebook’s Libra, Ethereum, QuadrigaCX, Tether and Bitfinex — Cointelegraph breaks down the biggest stories of 2019. 2019 may not go down as a year of breathtaking highs for cryptocurrency markets, but major strides have been made for mass adoption of digital payments and blockchain technology. A quick look at major headlines over the past 12 […]
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South Korea will not tax individual crypto profits yet, but legislation is in the works. Cryptocurrency and taxation laws are creating a great deal of confusion in South Korea. On Dec. 30, South Korea’s government stated that under current law, it cannot impose income taxes on individuals’ profits from transactions of cryptocurrency. This, however, contrasts […]
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