Implications of Governmental Adoption of Cryptocurrency

A year ago, it would have been difficult to believe that major governments throughout the world would delve into the world of cryptocurrency. However, with last summer’s price explosion, nations worldwide have begun to approach cryptocurrency from a number of angles. While cryptocurrency was first conceived as a tool to arm citizens against financial institutions … Read more

Japanese Exchange Coincheck Eyes America for Expansion

Coincheck, the Japanese crypto trading platform that found new owners after it was hacked earlier this year, is now planning to offer services on the US market. The exchange expects to be licensed in Japan next month, according to the chief executive of Monex, the online brokerage which bought the troubled company last month.     … Read more

Vive la France! Bitcoin Tax Slashed by Republic

According to Le Monde, France’s State Council of taxation has announced a severe lowering of financial penalties on gains from cryptocurrencies such as bitcoin. The agency is signaling crypto tax will plummet from its current 45% to an across the board flat 19%. It’s a dramatic change in orientation from the government. Could it be … Read more

Bitcoin Price Watch: Currency Spikes to $9,200

Bitcoin has jumped to just over $9,200. That’s a $400 increase from yesterday’s trading position of $8,800, and it appears the bulls are back in the game. The last 48 hours had everyone worried somewhat, with the currency experiencing a $500 drop from its recent high of $9,300. A whirlwind of phony deals and Mt. … Read more