A Treasury document outlines exclusions to a $10,000 payment limit, which may come into force in January 2020. Australia’s government has delivered supportive statements on cryptocurrency as it looks to exclude the sector from new restrictions on cash payments. In an explanatory memorandum issued late last week, the country’s Treasury said it wished to ban […]
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Crypto experts’ take on the question: Is the leading cryptocurrency, Bitcoin, really a good store of value and can we call it “digital gold”? It’s hard to tell who was the first to coin — pun intended — Bitcoin (BTC) as “digital gold,” underlining the idea that Bitcoin is a good store of value. The […]
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Damning new surveys suggest Facebook users don’t trust Libra, John McAfee arrested on yacht carrying weapons, and Justin Sun weathered by money laundering allegation. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more […]
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Green policy and crypto energy consumption in the US. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies, necessitate very high consumption of electric energy, currently produced with coal and fossil fuels with adverse environmental effects. A global shift towards green energy will require the removal […]
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A recently passed Blockchain Promotion Act may indicate the desire among U.S. lawmakers for clear regulations, as Facebook’s Libra received a harsh welcome… Despite concerns expressed by many United States regulators during the recent House Committee on Financial Services’ hearing on Facebook’s proposed digital currency, Libra, an increasing number of U.S. lawmakers are speaking out […]
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Ethereum is becoming the go-to blockchain protocol for enterprise business solutions based on several reasons, such as adoption, scalability and support. Ethereum currently is known as the most popular public blockchain network for the development of decentralized applications (DApps) and smart contracts. Its prospective blockchain protocol is one of the few cryptocurrency projects actually achieving […]
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Morgan Creek Digital Assets co-founder Anthony Pompliano says the European Central Bank’s expected dovish turn will be “rocket fuel” for Bitcoin price. Morgan Creek Digital Assets co-founder Anthony Pompliano says the European Central Bank (ECB)’s expected dovish turn will be “rocket fuel” for Bitcoin. In a tweet posted on July 26, Pompliano commented on a […]
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Speaking to Italian journalists, Ren Zhengfei said Beijing should not wait for others to issue Libra-style tokens. The CEO of Chinese tech giant Huawei thinks that China can compete with Facebook for market share by issuing its own digital currency. Huawei CEO: ‘Why wait for others to issue it?’ As national news outlet Sina reported […]
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The president of a major Brazilian trade association said that a proposed tax reform could invite people to turn to crypto to evade taxes. The head of a major Brazilian trade association, the Federation of Industries of the State of São Paulo (FIESP), said that Brazilians could start using crypto to evade taxes. Paulo Skaf, […]
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Regulatory innovation is no longer a matter of choice, it is a matter of survival, South Korea’s President Moon Jae-In said. South Korea’s President Moon Jae-In stated that regulatory innovation regarding blockchain technology is now a question of survival. Regulatory innovation is not a matter of choice anymore, it is a question of survival The […]
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