Two Turkish Imams Fired for Allegedly Investing in Bitcoin

Two Turkish imams have been fired for possessing bitcoin investments, according to local media reports. Turkey’s religious authorities determined that bitcoin is “not compatible with Islam” in November 2017. Also Read: Bitcoin Mining Training Coming to 30 Cities in India Two Imams Fired for Owning Bitcoin It has been reported that two religious officials in Zonguldak, … Read more

Russian Hotels to Surprise World Cup Fans with Bitcoin Payments

Football Fans will be able to pay with bitcoin for their accommodation when they visit Russia for this year’s World Cup. Hotels in Kaliningrad, expecting guests from eight countries, are partnering with a local payment provider to offer the service. Booking a room for the day when England plays Belgium will cost approx. $300 in … Read more

Carverr Wants to Embed Bitcoin Private Keys into Strands of DNA

Cryptocurrency enthusiasts are always looking for ways to secure their holdings. While hardware wallets have begun to gain traction in recent years, it seems the next logical evolution may not require external hardware. A company called Carverr is looking into ways to store and back up Bitcoin wallet keys in one’s DNA. Using DNA To Keep Bitcoins … Read more

Bitcoin Mining Training Coming to 30 Cities in India

An Indian chamber of commerce is launching a bitcoin mining training program in 30 cities across India. The goal is to teach young people about bitcoin, cryptocurrencies, blockchain technology, crypto mining, and entrepreneurship to empower the rural population for self-employment. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bitcoin Mining Training Program … Read more

Australian Tax Agency Seeks Public Input Concerning Cryptocurrency Taxes

The Australian Taxation Office (ATO) has been researching how to formulate regulatory guidelines for taxing cryptocurrencies recently. This week the ATO is seeking input from Australian residents concerning how the country should tax digital assets. Also read: South Korean Exchange Paying Users to Report Illegal Crypto Schemes The Australian Taxation Office is Looking for Public Opinion Concerning … Read more

Bitfinex Rejects All Present and Future Venezuelan Cryptocurrencies

Bitfinex has announced that it will not list or transact Venezuela’s new “oil-backed cryptocurrency” or any other tokens that the country may issue in the future, citing U.S. sanctions. Meanwhile, the Venezuelan government has reportedly set the minimum investment amount for the petro initial coin offering.  Also read: South Korea Clarifies Position After Reports of Possible … Read more

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