Bookmarking Crypto Insights
Auto Added by WPeMatico
Commissioner for Financial Stability, Financial Services and Capital Markets Union, Valdis Dombrovskis of the European Union (EU), is urging a broader regulatory regime upon cryptocurrencies, and is threatening an EU move especially if there appears to be no global consensus on how to address the decentralized currency phenomenon. Also read: Bitcoin Futures Regulator Allows Employees to … Read more
Germany is taking a lead within European Union established economies, deciding upon slow regulation when it comes to the world’s most popular cryptocurrency, bitcoin. It will not tax the digital asset as a form of payment, miner rewards escape the sting as well, and even some exchanges will receive exemptions. Also read: Bitcoin Futures Regulator … Read more
Prosecutors ask for forfeiture of 500 BTC following indictment in Ohio. #NEWS Go to Source Powered by WPeMatico
Russia’s Ministry of Telecom and Mass Communications has put forward the idea to set up a cryptocurrency exchange, where Russian miners can trade their digital coins for fiat money. The ministry has held consultations with representatives of the crypto sector and prepared a comprehensive concept to regulate the mining industry. Also read: Two Russian Regions … Read more
New weekly highs weren’t enough to keep Bitcoin above $11,000 Friday. #NEWS Go to Source Powered by WPeMatico
It appears there is a lot of misinformation on the internet when it comes to cryptocurrencies and the associated electricity usage. More specifically, most sources claim Bitcoin mining uses a lot of energy, which is absolutely correct. However, it seems the situation is being blown out of proportion completely. The Truth About Cryptocurrency Mining According to … Read more
According to regional reports, China’s police agency is allegedly monitoring cryptocurrency exchanges based outside of the country. An informant details that China’s Public Information Network Security Supervision task-force is closely watching both domestic and foreign trading platforms involved with cryptocurrencies to prevent fraud, pyramid schemes, and money laundering. Also Read: British Man in Amsterdam Allegedly … Read more
If you are holding the cryptocurrency for the benefit of someone else, who has to pay the taxes? #EXPERT_TAKE Go to Source Powered by WPeMatico
Perhaps cryptocurrency’s largest institutional nemesis is JP Morgan Chase. Led by the ever-belligerent Jamie Dimon, it and he have taken numerous opportunities to sandbag bitcoin and its spawn. Theories about why have long circled, but now there appears to be proof the legacy bank is threatened by decentralized currency in digital form, according to an … Read more
Referring to Bitcoin, Wall Street investor Bill Miller says “bubbles are necessary” to test the endurance of new inventions. #NEWS Go to Source Powered by WPeMatico