Bank of Russia to ‘Slow Down’ Payments to Crypto Exchanges, Curb Russians’ Impulsive Investments

Bank of Russia to ‘Slow Down’ Payments to Crypto Exchanges, Curb Russians’ Impulsive InvestmentsCentral Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russian investors, a CBR official revealed. The move is likely to affect peer-to-peer and over-the-counter trading platforms. Central Bank of Russia Skeptical of Cryptocurrency […]

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Bit Mining to Deploy Another 2,500 Bitcoin Miners in Kazakhstan

Bit Mining to Deploy Another 2,500 Bitcoin Miners in KazakhstanBit Mining is going to expand its operations in Central Asia with the purchase of 2,500 crypto mining machines slated for deployment in Kazakhstan. The new devices are expected to increase the Chinese company’s total hashrate capacity by an estimated 165 petahashes per second. Bit Mining Buys New Cryptocurrency Miners for Data Centers in Kazakhstan […]

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Binance Quits Stock Token Trading as Hong Kong Adds to Mounting Regulatory Pressure

Binance Quits Stock Tokens Trading as Hong Kong Adds to Mounting Regulatory PressureCryptocurrency exchange Binance has announced it will no longer support the trading of stock tokens. The decision comes against the backdrop of an ongoing regulatory crackdown, with Hong Kong becoming the latest to declare that the platform is not licensed to provide such services in its jurisdiction. Stock Tokens No Longer Available for Purchase on […]

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Bitpay Users Can Now Purchase Crypto With Fiat In-App

Bitpay App Users Can Purchase Crypto Via the Firm's Multi-Service SolutionOn January 23, the cryptocurrency payment firm Bitpay announced it will be allowing customers to purchase digital assets using the Bitpay platform. The Atlanta-based company partnered with fiat-to-crypto payment processor Simplex to offer the crypto purchasing experience. Bitpay says the latest feature will provide an “all-in-one solution” for cryptocurrency-related activities. Also Read: Bitcoin.com Partners With […]

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Poles Hit With Backdated Tax on Crypto Trades

Poles Surprised With a Tax on Crypto Trades Before July 2018Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) is applicable to digital asset trades conducted before the introduction of last year’s moratorium on its collection, the Polish tax administration recently clarified. The matter has been discussed on European […]

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These Websites Help You Shop With Major Retailers Using Cryptocurrency

These Websites Help You Shop From Major Retailers Using CryptocurrenciesCryptocurrency users are often forced to convert their coins to fiat in order to purchase items from leading retailers and ecommerce platforms such as Walmart and Home Depot, Amazon, Aliexpress, and Ebay. The hesitation of these merchants to embrace crypto payments has created a niche that’s being occupied by online businesses that are bridging the […]

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Crypto Debit Cards You Can Use Now Plus a Few to Expect Soon

Crypto Cards You Can Use Now and Some to ExpectDebit cards tied to cryptocurrency wallets provide an opportunity to spend your digital coins almost anywhere fiat money is accepted. It’s a working solution, at least until wider adoption comes around. That’s why they’ve become so popular in the crypto community. Challenges of different sorts have negatively affected some of the earlier offerings, but it’s […]

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In-Wallet BCH Purchases and BCH Merchant App in the Weekly Update From Bitcoin.com

In-Wallet BCH Purchases and BCH Merchant App in the Weekly Update From Bitcoin.comAn integration with Moonpay allows users of the Bitcoin.com wallet in the U.K. and Europe to buy bitcoin cash with credit cards and merchants can accept BCH payments with a new POS app which is now online. This and more in the weekly video news update shared on Bitcoin.com’s Youtube channel. Also read: Crypto Rocket […]

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Japanese Company Trials BTC and Smart Contracts in Real Estate Transactions

Japanese Company Trials BTC and Smart Contracts in Real Estate TransactionsA Tokyo Stock Exchange-listed company has built a cryptocurrency settlement platform for real estate transactions. The firm has tested the platform using BTC and smart contracts for property sales and has released its findings; many benefits were observed over the traditional method. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals BTC and […]

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