Argentina’s Banco Masventas Uses Bitcoin to Settle Cross-Border Transactions

Most cryptocurrency enthusiasts have shown an interest in this form of money because of its global appeal. It is the only form of money which can reliably be sent across the world without having to deal with currency conversions or country borders. Argentina’s Banco Masventas has acknowledged this, as the institution now relies on Bitcoin to settle cross-border transactions. Bitcoin … Read more

Thai Cryptocurrency Experts Engage the Government Regarding Taxation Guidelines

Cryptocurrency regulation has always been a rather controversial topic. It is, by default, nearly impossible to effectively regulate an industry which is decentralized and has no central entity. Even so, officials in Thailand are looking to make inroads in this area. They will meet with blockchain and cryptocurrency experts this week to discuss future laws … Read more

Bitcoin Cash Price Drops Below $1,000 as Community Questions its Authenticity, Expert Claims

As was to be expected from yesterday’s bearish momentum, the Bitcoin Cash price has effectively dropped below $1,000. That in itself is not really surprising, given the ongoing declines in the Bitcoin world. Even so, it remains to be seen how long this dip will last. eToro UK Managing Director Iqbal Gandham certainly has some … Read more

Russian Duma Adopts Three Crypto Bills on First Reading

Russian State Duma has approved its first reading of the long-awaited legislation package regulating crypto-related matters and activities. The legal texts, voted almost unanimously, will open the way for legalization of cryptocurrencies in the Russian Federation, including their exchange and circulation under certain conditions. Deputies now have about two weeks to propose amendments before they … Read more

SEC Chairman Applauds ‘Operation Crypto-Sweep’

The chairman of the United States Securities and Exchange Commission (SEC), Jay Clayton, has issued a statement “applaud[ing]” the efforts of authorities associated with the North American Securities Administrators Association (NASAA) in executing the current “enforcement sweep targeting fraudulent ICOs and crypto-asset investment products.” Also Read: 70+ Investigations: 40 Regulators Crack Down on Suspicious Crypto Schemes … Read more

Switzerland Seeks Study on Issuing E-Franc Cryptocurrency

It seems not all countries have given up on the idea of creating their own national cryptocurrencies. For Switzerland, the current plan of action involves looking into a state-backed “e-franc”. The Swiss government may commission a report on the risks and opportunities associated with launching such a cryptocurrency in the future. The Swiss E-Franc Plan Over the … Read more

CoinJar Launches Crypto Exchange with AUD Markets

Australian cryptocurrency enthusiasts will be familiar with the company known as CoinJar. While initially intent on building a Bitcoin lending service, the company is now focusing its attention on running a cryptocurrency exchange. It aims to provide Australians with the fastest possible digital currency trading services, although it remains to be seen if that is a … Read more

CFTC Introduces Guidelines for Issuing Cryptocurrency Derivatives

It was only a matter of time until regulators introduced new guidance for cryptocurrency derivatives and associated products. Considering that these investment vehicles are of great interest to consumers and institutional investors alike, it only makes sense that the CFTC would take a special interest in such products. The CFTC’s new Guidelines are in Place Bringing more … Read more