New Report Calculates Money Lost to Crypto Scams in Australia Last Year
According to a report from the Australian Competition and Consumer Commission, Australians lost over $2.1 mln in crypto scams last year Go to Source Powered by WPeMatico
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Polish Finance Ministry Rolls Back Crypto Tax, Promises Smarter Regulation
Poland’s Finance Ministry scraps its current crypto tax policy, admitting it may make traders pay “an amount often exceeding the funds invested” Go to Source Powered by WPeMatico
China’s IT Ministry: 2017 Saw Peak Investment in Domestic Blockchain Industry
China’s IT ministry has published a report showing that 2017 was a banner year for the blockchain sector, with 178 new domestic blockchain startups Go to Source Powered by WPeMatico
Fundstrat’s Lee Admits Poor Prediction of Bitcoin Rally, Still Expects $25k Price by Year End
Fundstrat’s Tom Lee admits that his Consensus BTC rally prediction ‘did not happen,’ but still expects Bitcoin to reach $25k by year end Go to Source Powered by WPeMatico
China Has Found 421 Fake Cryptocurrencies
A Chinese government-backed industry organization has published a report on fake cryptocurrencies. As of April, its monitoring platform has found 421 fake cryptocurrencies, 60% of which are deployed overseas. The Committee has also outlined major red flags of these cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 421 Fake Cryptocurrencies The National Committee … Read more
Norway Central Bank Considers Developing Digital Currency
Norway’s central bank, Norges Bank, considers introducing its own digital currency, prompted by a decline in cash usage Go to Source Powered by WPeMatico
Iran and Russia Discuss Transacting in Crypto to Avoid International Sanctions
Iran and Russia discussed the use of crypto with the aim of avoiding international sanctions, also noting that crypto could replace the SWIFT interbank system Go to Source Powered by WPeMatico
New Steps of Adoption: Dutch National Blockchain Research Agenda
The Dutch government’s foray into blockchain enterprise could represent a third prong to mainstream adoption following banks and major corporations Go to Source Powered by WPeMatico
Colombia: Newly Formed Blockchain Association Aims for Dialogue With Government
Six Colombian crypto companies form local Blockchain Association to support industry Go to Source Powered by WPeMatico
Chinese Gov’t Study Detects 421 Fake Cryptos, Outlines Key Features of Fraud
A study led by China’s Ministry of Industry and IT finds over 421 fake cryptocurrencies and outlines the key signs of likely fraud Go to Source Powered by WPeMatico