Australian BitConnect Promoter is Charged over a Failed Business
The former Australian national representative of BitConnect, John Louis Anthony Bigatton is charged for taking part in a crypto Ponzi scheme worth several billion dollars
01 December 2020 11:00, UTC
Denis Goncharenko
South Korean Parliament Postpones New Law on 20% Tax on Transactions with Crypto
The law on 20% tax on income derived from transactions with cryptocurrencies will come into force on January 1, 2022. It was originally supposed to come into force on October 1, 2021
27 November 2020 09:06, UTC
Denis Goncharenko
Crypto Investors Get Warning Notices From the IRS
The Internet Revenue Service in the United States (IRS) has sent out many letters to crypto investors reiterating the fact that they have pending taxes on their unreported profits from cryptocurrency
26 November 2020 12:00, UTC
Nick James
U.S. Senator Vows to Bring Bitcoin Debate to National Level
American politician Cynthia Lummis was recently elected to the U.S. Senate and thus became the first member of the upper house of Congress to publicly declare her assets in Bitcoin
20 November 2020 13:13, UTC
Nick James
Cryptocurrency Tax Guide: How To Prepare Your Bitcoin Tax Filing?
Cryptocurrencies have gained significant clout in the past year. Their value continues to rise and people purchase bitcoin and sell it for profit on a daily basis
17 November 2020 07:35, UTC
Julia Beyers
China's Central Bank Chief Announces 4 million Transactions in Digital Yuan
The Governor of the People's Bank of China Yi Gang believes that the tests of the digital yuan held in several cities demonstrated the validity of the instrument issued by the Central Bank
06 November 2020 13:23, UTC
Nick James
Ex-PBoC Governor Says Digital Yuan Will Favor Local Markets
The digital Yuan will mostly favor the local retail market in order to prevent the dollarisation of the Chinese economy. This is a highly political matter that China has been trying to deal with for decades
05 November 2020 15:00, UTC
Denis Goncharenko
No Time To Waste: Canada Seriously Considering The Future Of Crypto As The Main Currency
Canada is among those countries that are taking some real steps towards understanding how cryptocurrency should be approached
19 October 2020 12:15, UTC
Veronika Malinboym
Could Denmark's Blockchain Proposal Work?
Recently, the Ministry of Foreign Affairs of Denmark has released a new report which suggests that focusing on digital instruments has become essential
08 October 2020 16:00, UTC
Denis Goncharenko
USA: a Step Closer to Proper Digital Asset Regulations
According to the new letter issued by the US SEC on September 25th, the process of broker-dealer operated digital asset securities will become less lengthy and complex and more secure
06 October 2020 12:43, UTC
Veronika Malinboym
Singapore Cryptocurrency Regulations Fuelling Online Gambling In Malaysia
For Singaporeans, cryptocurrency has long been a gateway to something which cannot be accessed if not approached anonymously
02 October 2020 07:27, UTC
Denis Goncharenko
Banking Regulators in the USA Authorize the Holding of Stablecoins in Reserves
Presently, federal banks are expected by the Office of the Comptroller of the Currency (OCC) to feel comfortable offering services to the users of stablecoin providers
28 September 2020 11:52, UTC
Denis Goncharenko
The Government of Abkhazia Blames Crypto Mining for the Energy Crisis
The government placed a ban on crypto mining a year ago, which has been ignored by a majority of local authorities
21 September 2020 08:55, UTC
Denis Goncharenko
Over 1000 Crypto Farms Brought Down by the Iranian Government
With the US atomic sanctions program hitting Iran economically, Iranians frequently talk about the topic of how wealth can safely be stored
07 September 2020 15:30, UTC
Denis Goncharenko
New Developments in China's National Blockchain
China is edging closer to their goal of being the world's leader in blockchain technologies. The country announced their nationwide Blockchain-based Services Network (BSN) in November 2019 and has made significant strides since then
19 August 2020 11:34, UTC
Devin Partida
China’s Digital Yuan (DCEP) to Reportedly Target Dominance of Alibaba and Tencent
Currently, Alibaba’s financial subsidiary Alipay and Tencent’s WeChat Pay control the majority of the digital payments across the whole country while banks have been left far behind
07 August 2020 10:00, UTC
Denis Goncharenko
Lithuania Releases Crypto Token
On July 23rd, the Bank of Lithuania released a blockchain-based coin commemorating its 1918 Act of Independence with all 20 signatories included
29 July 2020 09:53, UTC
Nick James
Ghana’s Central Bank Thinking of Piloting Digital Currency
The first deputy governor of Ghana’s Central Bank (BoG) declared that they are still looking forward to potentially introducing their own digital currency
27 July 2020 14:12, UTC
Denis Goncharenko
The FATF Announces the Need for New Guidelines for the Crypto Industry
The new president considers it necessary to amend the guidelines for the cryptocurrency industry, as many countries still have not fully implemented previously accepted standard
08 July 2020 13:40, UTC
Denis Goncharenko
Africa To Become The FinTech Land In The Upcoming Years
According to the Econ study, South Africa is at the 16th place among the countries with the largest number of FinTech companies. Nigeria has got the same number as South Korea
02 July 2020 10:13, UTC
Denis Goncharenko