As hard to believe as it may sound, technology is
still viewed as an entry barrier to the cryptocurrency industry. Some people
still do not trust the digital channel to acquire Bitcoins, and they would
prefer a more “traditional” approach....
It was an eventful seven days for the token sales space, with easily the biggest news of the week being China’s reported move to temporarily suspend all token sale events in the country, pending an internal regulatory review.
Reports first...
A committee of tax experts seeks to advise the government of the Asian country on the process of simplifying taxes on cryptocurrencies.
The committee met earlier this week to discuss the proposal to change the current cryptocurrency tax filing system....
The rate of new token sale growth continues at breakneck speed; indeed, recent estimates suggest that the market for token sales has gained a 4,800% during the last 3 years, with the industry now close to reaching $100 billion...
Facebook's cryptocurrency may not be
launched by 2020. Mark Zuckerberg says that it will take some time to consult
and evaluate the project.
After several big scandals that eroded user trust in
Facebook, the company, famous...
Markets experienced a pronounced correction during the last week. Despite a modest recovery being staged between Tuesday and Friday, the market appears to be less bullish when compared with cryptocurrency performance over previous weeks. At this stage, it also...
The United Nations Children's Fund (UNICEF,) will provide funds to six
startups focusing on blockchain technology. The worldwide organization will
make an investment of $100,000 after publishing a “blockchain call” to projects
with the potential of representing a benefit to...
According to the Financial Stability Board (FSB), cryptocurrencies do not represent a risk to global financial stability; this was stated amidst the recent odd behavior of the market and rumblings that the crypto universe is about to collapse.
A report...
In 2016, the Vyborgsky District Court of St. Petersburg granted a prosecutorial request to block bitcoininfo.ru, one of the biggest, Russian cryptocurrency websites, which is currently offline.
According to RAPSI, the official court´s press service, The Supreme Court of Russia...
A total of 11 of the country’s 43
commercial banks support the project that will simplify payments in a cheaper
and faster way.
Two years after reports of a Cambodian cryptocurrency,
the country is set to...
