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Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Regulations … Read more
The coronavirus has managed to seep into every facet of the global economy and it seems nothing will escape its financial wrath. During the last two weeks as unemployment levels have skyrocketed in the U.S.; analysts, economists, and wealth managers have been warning about another subprime mortgage crisis. Most of these observers believe there’s no … Read more
Huobi is launching a charity initiative to support Indonesia’s fight against coronavirus. Go to Source Powered by WPeMatico
A lot has changed since the coronavirus pandemic swept the globe as it has caused a wide range of negative effects on the world’s economy. On March 30, the blockchain surveillance firm Chainalysis published a report that shows how the cryptoconomy is faring from merchant acceptance to gambling, and darknet purchases as well. The researcher’s … Read more
Cybercrimes are on the rise amid the global coronavirus pandemic, and scammers are using crypto to facilitate some of their attacks. Go to Source Powered by WPeMatico
With the outbreak of COVID-19, nearly two-thirds of the world is now at home as governments the world over are taking steps to slow the progression of the disease. With everyone home, the internet is now under heavier stress than ever. In the U.S. internet usage is at record-breaking highs. Seattle, one of the U.S.’s … Read more
Coronavirus, economic contraction and disrupted supply chains are likely driving the decline in Bitcoin-denominated darknet marketplace revenue, says Chainalysis Go to Source Powered by WPeMatico
The price of Bitcoin may not skyrocket yet, but the stimulus package passed in the U.S. could slowly help the cryptocurrency in this pandemic Go to Source Powered by WPeMatico
While the coronavirus wreaks havoc on the economy across the U.S., a number of the 1,737 residents from Clatskanie, Oregon can’t obtain an internet service provider (ISP). The situation has motivated the town to adopt a decentralized meshnet ISP called Althea and the network’s users are paid in cryptocurrency for relaying. Also read: Film Reels … Read more
An Indian state official recently met with the founders of the “India Crypto Bulls” initiative and discussed cryptocurrency development, investment, and innovation in India. News.Bitcoin.com talked to Kumar Gaurav, one of the founders, to find out more about the meeting. Also read: 2x Bitcoin — Wanna Double Your BTC to the Moon? Forget About It … Read more
