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After the midweek bloodbath, markets have slightly stabilized today, although many coins continue to shed value, with Bitcoin trading around $6,400 Go to Source Powered by WPeMatico
Major Rolls-Royce, Bentley and Bugatti retailer to offer payment in Bitcoin and Bitcoin Cash via BitPay Go to Source Powered by WPeMatico
At an annual international conference for regulators in Seoul, the South Korean Financial Supervisory Service urged regulators from 14 other countries to create an international discipline system for cryptocurrency and initial coin offerings. The Korean government also outlined its current crypto countermeasures and pushed for better information sharing and international cooperation. Also read: Yahoo! Japan Confirms … Read more
A Brussels-based think tank has urged the European Union to adopt common crypto regulations. Its report will be reviewed during this week’s meeting of the EU finance ministers in Vienna. Also in The Daily, the Eurasian Economic Union may adopt a single settlement currency, possibly a crypto, Samsung Pay offers a tokenized money transfer service … Read more
Bitcoin lost as much as 13 percent as the crypto market lost $40 billion. Experts weigh in, discussing various factors and the state of the market Go to Source Powered by WPeMatico
In the absence of dedicated regulation, Ukrainians are expected to pay the regular 19.5% income tax rate on their profits from crypto-related activities like trading and mining, a high-ranking official from the Finance Ministry in Kiev explained. Crypto investors are free to report their digital funds as either property or financial assets. Also read: Uzbekistan … Read more
American stock brokerage firm EF Hutton is initiating coverage of seven cryptocurrencies, each given a rating of one to five stars. New.Bitcoin.com talked to CEO Christopher Daniels who shared his firm’s methodology used to analyze the cryptocurrencies and how they are rated. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals EF Hutton … Read more
Robinhood crypto and stock trading app is planning to launch an IPO, and is reportedly searching for a CFO as it undergoes audits from the SEC and FINRA Go to Source Powered by WPeMatico
A recent American survey reveals that half of millennials are interested in using digital currencies, while 79 percent of respondents know of at least one cryptocurrency Go to Source Powered by WPeMatico
A major South Korean insurance company reportedly will start offering cryptocurrency exchanges insurance aimed at compensating for damages caused by hacking, according to local media. Currently, few crypto exchanges in the country are insured and hacking damages are not covered. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Introducing Hacking Insurance A … Read more