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The blockchain climate in China has undergone plenty of changes in the past few weeks. Despite initial opposition to this technology, the current conversations are completely different. Any news source or blog discrediting blockchain technology will now be forced to remove those posts altogether. This further confirms China wants to embrace this technology to the … Read more
Cryptocurrency trading volumes in India have accelerated despite regulatory uncertainty and banking restrictions imposed by the Reserve Bank of India (RBI). Global trading platforms and service providers have also been expanding their operations to serve Indian users. Also read: Mistakes Crypto Owners and Traders Should Avoid Strong Trading Volume Growth Banking services may be restricted … Read more
China is trying to become a region of importance again, at least where cryptocurrencies are concerned. Despite banning the trading of Bitcoin and altcoins several years ago, things are slowly changing in the country. The new cryptography law that passed in the country will go into effect on January 1, 2020. The main order of … Read more
Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging field. Some say Xi’s statement brought back the … Read more
Scaling Bitcoin to a more mainstream level will most likely happen through layer-two solutions. The Lightning Network is of great interest in this regard, despite its crucial flaws and shortcomings. A recent list of known vulnerabilities confirms there is plenty of work ahead prior to making this technology more widely accessible. The Long Bug List … Read more
There are many pitfalls one can easily get caught in when using, storing, investing or trading cryptocurrencies. While some mistakes could cost you a fortune, most of the common ones can easily be avoided. Bitcoin.com has produced a video featuring the top seven deadly mistakes crypto owners should avoid. Also read: ‘No-Deal Brexit Huge Positive … Read more
Recognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings. The goal is to clarify applicable rules without introducing more regulations. Also read: Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates Guidelines Aiming to Avoid More … Read more
Authorities in Poland have clarified the taxation of revenues received from cryptocurrency exchange transactions. The Ministry of Finance has recently published a 2019 tax form that has a dedicated section where taxpayers are expected to declare separately proceeds from crypto trading. Also read: Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates Polish … Read more
The United States of America plays far less of a crucial role in cryptocurrency than most people would think. The ongoing regulatory uncertainty is partially to blame for this trend. A new survey by Finder confirms some Americans do own substantial amounts of cryptocurrency, yet most of them are still not taking too many chances … Read more
Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn. Also read: FATF Starts Checking … Read more