European Utility Giant Says ‘No’ To Crypto Mining, Even With ‘Clean Energy’
Italy’s power utility company Enel will not sell renewable energy for crypto mining, calls the practice “unsustainable” #NEWS Go to Source Powered by WPeMatico
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Fact Or ‘FUD’? Pressure Drives Crypto Markets Down Almost 20%
A new bad day for investors as Bitcoin leads altcoins down almost one-fifth following FUD in mainstream headlines #NEWS Go to Source Powered by WPeMatico
Mobile Payment Company Square Launches In-app Bitcoin Buy/Sell Option
This Wednesday Jack Dorsey, the CEO of the payment processing firm Square, revealed the company’s Cash App users can now purchase and sell bitcoin. Back in November the Square Cash App’s bitcoin functionality was only available to select individuals for experimentation. Now, most of the app’s users can access the ability to buy and sell … Read more
Square Cash App Releases Bitcoin Buy/Sell Option To Almost All Users
Square’s Cash App will let its users from almost every state buy and sell Bitcoin #NEWS Go to Source Powered by WPeMatico
Japan’s Most Popular Chat App Launching Cryptocurrency Exchange
The operator of Japan’s most popular chat app with approximately 168 million monthly users has announced its plans to launch a cryptocurrency exchange. Line Corporation has already begun the registration process as a crypto exchange with the country’s financial regulator. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Line Starting Crypto Business … Read more
Coinshares Group Plans to Launch New Crypto-Investment Funds
This week the firm Coinshares Group has announced two new investment vehicles tethered to cryptocurrencies. Coinshares was the first organization to launch publicly traded bitcoin and ethereum-based exchange-traded-notes (ETN), and the firm’s new funds will offer retail investors more “familiar channels” to invest in the growing digital asset economy. Also Read：Chinese Investors Continue to Obtain … Read more
The Tax Man is Finally Catching Up On the Crypto Market
Taxing cryptocurrency gains have always been a puzzler for the taxation authorities, but, with coins like Bitcoin hitting the mainstream, and enough time elapsing, the tax man is catching up. #ANALYSIS Go to Source Powered by WPeMatico
Ukraine’s Cyberpolice Supports Legalization of Cryptocurrencies
The cybercrime combating department of Ukrainian Police has voiced support for the legalization of cryptocurrencies despite sharing some concerns about them. The Cyberpolice unit also noted the need to regulate cryptos “as soon as possible”. Ukrainian parliament is yet to adopt new legislation amid mounting calls from other institutions to regulate cryptocurrencies. Also read: Russia’s … Read more
Hawaii’s New Money Transmitters Act Will Require Virtual Currency Licenses
The state of Hawaii is planning to regulate the use of bitcoin and digital currencies that would require licensure to transmit cryptocurrency-based funds. Two bills introduced by a group of partisan Hawaiian lawmakers are focused on digital currencies as a monetary instrument under the state’s Money Transmitters Act. Also read: Coinbase Exits as Hawaii Requires Bitcoin … Read more
South Korean Court Rules Bitcoin Has Economic Value
A South Korean court has ruled that bitcoin has an economic value for the first time. This overturned an earlier court ruling which did not recognize the digital currency. The case involves the confiscation of 191 bitcoins. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bitcoin’s Status Re-Examined The Suwon District Court … Read more