Venezuelan government intends to purchase Russian auto parts with its state-issued cryptocurrency. Ministers from both countries have discussed the use of the petro in bilateral transactions during a high-level meeting in Caracas. Possible Russian crypto investments are also on the agenda. Also read: Venezuelans to Buy Homes and Property with State Cryptocurrency Caracas to Build […]
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Over the past few weeks, the bitcoin cash (BCH) community and developers have been discussing ‘zero-confirmation’ or ‘instant transactions.’ Many BCH supporters believe if the concept was broadly accepted, payments and transaction speed would be extremely fast bringing a significant competitive edge to the BCH network. Also Read: Trading Cryptocurrencies Like a Boss Takes Time and […]
Gazprombank, one of Russia’s largest financial institutions, is planning to perform some cryptocurrency deals by the end of the year. According to one of its top managers, the bank is responding to demand from “substantial clients”. The pilot transactions will be conducted through its subsidiary in Switzerland. Also read: New Bill Aims to Allow Crypto […]
On March 28 the popular online electronics merchant Newegg announced its now allowing residents from Canada the ability to pay for goods using cryptocurrencies. Through its partnership with the payment processing firm Bitpay, the company feels its the right time to offer Canadian customers the ability to pay for items with the digital currencies BCH […]
The Australian Taxation Office (ATO) has been researching how to formulate regulatory guidelines for taxing cryptocurrencies recently. This week the ATO is seeking input from Australian residents concerning how the country should tax digital assets. Also read: South Korean Exchange Paying Users to Report Illegal Crypto Schemes The Australian Taxation Office is Looking for Public Opinion Concerning […]
On March 28 the Calvin Ayre-owned blockchain and mining firm, Coingeek, announced it would be funding the privacy-centric bitcoin cash (BCH) project ‘Cash Shuffle.’ The project Cash Shuffle is a mixer tool designed to shuffle BCH to increase transaction anonymity. Also read: China’s Huawei Rumored to Partner with Cold Storage Smartphone Maker Blockchain Firm Coingeek Funds […]
The governor of Tennessee has signed a bill into law that recognizes “the legal authority to use blockchain technology and smart contracts in conducting electronic transactions.” The new bill also “protects the ownership rights of certain information secured by blockchain technology” under state law. Also Read: Hydro-Quebec Turns Down New Applications for Crypto Mining Operations Tennessee […]
Earlier this week the Chinese exchange Bitasia announced it started accepting zero-confirmation transactions for bitcoin cash (BCH) for instant trading. The trading platform is one of the first exchanges to enable zero-confirmation transactions so traders can use the platform as quickly as possible. Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining Chinese Exchange […]