Tuesday, October 20, 2020
It would be illegal to own, sell, issue, mine, and use cryptocurrencies, according to the draft bill. It contemplates fines of INR 25 million (equivalent to USD 325,000) or imprisonment for up to 10 years. India...
The devaluation of the Argentine national currency increases the price of BTC in exchange houses. The devaluation of the Argentine peso, due to the political situation that the country faced and the Covid-19 outbreak, has affected...
Authorities will allow tax-free crypto mining if they determine that the action is only performed in a non-profit manner. In new update of the tax guide in Singapore, the authorities revealed new considerations on some...
A study of the European Central Bank determined that current regulations are outdated to determine crimes of money laundering and terrorist financing with cryptocurrencies. Some parliamentarians from the European Union (EU) call to stop the ambiguities...
Facebook's plan to create a global currency yielded to government regulatory pressure. Its purpose now is to become a standard for central bank digital currencies. Facebook promised that Libra would take finance to a new level...
Foxbit records a 40% drop in revenue due to the coronavirus pandemic. Some entities in Brazil do not yet consider the coronavirus to be a public calamity. The government of Brazil refuses to accept the...
The platform promised its users earnings of up to USD 13,000 per day in less than 20 minutes if using its alleged BTC trading software. The number of scams is increasing while the world is experiencing...
Investors allege that unscrupulous cryptocurrency companies deceived them into buying unregistered securities. The accusations are against Binance, TRON Foundation, BitMEX, and KuCoin, among others. A group of investors filed multiple lawsuits against 11 cryptocurrency companies, alleging...
The work-at-home system allows maintaining activity on cryptocurrency exchange platforms. The companies seek to reduce the movement of people and increase the protection of their staff’s health. Brazilian cryptocurrency exchanges are changing their way of working during...
Unlike speculators, holders resist the volatility and fall in the prices of Bitcoin. Effective Bitcoin capitalization has fallen below market capitalization. Some metrics seem to indicate that short-term investors in Bitcoin, as well those new holders...

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