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Regulatory pressures as well as the development of third-party, intermediary and custodial services in the crypto space have been limiting the share of peer-to-peer trading. A new contender is now challenging established P2P exchanges by offering users a mobile service that allows them to determine the level of privacy they want to maintain, and use … Read more
At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U.S. dollar. The Malaysian prime minister supports the idea of a unified cryptocurrency for Muslim countries. Also read: Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, … Read more
Introducing new wallets for specific cryptocurrencies is crucial to increase adoption, Spark, a new wallet for IOTA, offers some interesting features. This wallet is developed by the team behind Trinity, the go-to wallet for most IOTA users. Spark is a Different IOTA Wallet Spark operates very differently, and is tailored more toward experienced users. It … Read more
Eight U.S. representatives signed a letter to the IRS, asking the agency to further clarify cryptocurrency tax expectations Go to Source Powered by WPeMatico
Centralized exchanges have been both a blessing and a curse upon the crypto industry. OpenLedger recently introduced some odd changes that don’t sit well with its users. When an exchange increases withdrawal fees for no apparent reason, there will be some dismay. What is Going on at OpenLedger? Those fees now sit at 5% of … Read more
Financial cryptographer. Cypherpunk. Inventor of Ricardian contracts and early utilizer of triple-entry accounting systems, which would later be exemplified in Bitcoin. Ian Grigg may have claimed that Satoshi was a team effort and is now dead, only living on in bitcoiners everywhere, but some seem to think it’s him. In this installment of “the many … Read more
It doesn’t happen all that often to see bitcoin gain positive recognition. For some reason, Spain’s Cyber Security Institute deems it safer than bank-based payments and transactions. The new infographic by Spain’s CSI paints an interesting picture. Bitcoin is a Solid Payment Method Most of the fraudulent financial activity occurs through traditional payment methods. This … Read more
A little bit of drama involving cryptocurrencies can generate a cascading effect. In Australia, a viral video demonstrating a TravelByBit double-spend attack has many retailers worried. The viral video shows only how this particular payment processor is affected. A Troublesome Development for TravelByBit TravelByBit supports both Bitcoin and Bitcoin cash at this time. However, it … Read more
Alexei Navalny, Russia’s leading critic of the current Kremlin administration, has attracted a serious amount of cryptocurrency in the form of anonymous donations for his corruption-combatting NGO. The digital coins collected since the beginning of this year have amounted to well over $700,000 at current prices. Also read: Russian Tax Authority Registers Crypto as Part … Read more
Cryptocurrency accounting firm Lukka has announced a new crypto tax calculation offering for clients in the U.S. Go to Source Powered by WPeMatico