Stablecoins to Play Key Role in Crypto Adoption, Says New Report
Stablecoins will play a “critical role” in the mass adoption of crypto technologies — especially in emerging markets — a new study argues Go to Source Powered by WPeMatico
Venezuela
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Ongoing Economic Crises in Venezuela and Beyond Show That the Idea of Bitcoin as a Store of Value Is Increasingly Catching On
Economic crises throughout the globe are showing that people are increasingly putting their faith in Bitcoin and other cryptos Go to Source Powered by WPeMatico
Localbitcoins Trade Surges in Latin America and East Asia
The peer-to-peer (P2P) markets saw a surge in trade activity this past week, with the Localbitcoins markets of five countries posting record volume. The largest spikes were concentrated in the Latin American and Asian regions, however, the United States also posted its strongest monthly P2P volume since April 2018. Also Read: Nasdaq Stock Exchange to Start … Read more
Venezuela Introduces Ambiguous Cryptocurrency Taxation Guidelines
Venezuela has always been an interesting country when it comes to Bitcoin and other cryptocurrencies. Despite this form of money being very popular, it also irates the local government. A new proposal has appeared in local newspapers which claims crypto transactions will be taxed. It remains unclear how the government plans to enforce such actions … Read more
Venezuela’s BTC Trading Volumes Hit Record Highs as Crypto Regulations Commence
As Venezuela begins regulating cryptocurrency, BTC trading volumes in the country hit record highs on several exchanges. Amid fast-growing crypto adoption, peer-to-peer trading platforms such as Localbitcoins and Paxful have reported significant increases in the number of BTC traded in Venezuela. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Record BTC … Read more
Overstock Founder: Blockchain Can Make Government ‘Incapable of Being Bribed’
Overstock CEO Patrick Byrne said that he thinks blockchain technology could make government “incapable of being bribed” Go to Source Powered by WPeMatico
Venezuelan Nonprofit Eatbch Celebrates First Anniversary Amidst Hyperinflation
On Sunday, Feb. 10, the creators of the charitable organization Eatbch, a nonprofit food drive powered by bitcoin cash, celebrated its one-year anniversary. Eatbch has come along way since its inception feeding Venezuelans thousands of meals alongside branching out to other less fortunate regions like South Sudan. Also read: BCH Avalanche Transactions Show Finality Speeds 10x … Read more
Venezuela Imposes Fees and Limits on Local Crypto Remittances
Venezuelan government sets monthly limit on crypto remittances within the country, introduces fees of up to 15 percent Go to Source Powered by WPeMatico
In the Daily: BCH Charity Anniversary, Lighting Wholesaler Takes Crypto, Atomicpay Vanity URLs
In this edition of The Daily we feature the first yearly anniversary of Bitcoin Cash (BCH) charity Eatbch, a move by American lighting wholesaler H&M Distributors to accept cryptocurrency payments, and an update about vanity URLs from Atomicpay. Also Read: In the Daily: Regulatory Developments in Italy, Mauritius, Malta Eatbch Charity Marks First Anniversary The … Read more
Venezuela Starts Regulating Cryptocurrency Remittances
The Venezuelan government has begun regulating cryptocurrency remittances. The regulator has set a monthly limit and will be collecting commissions of up to 15 percent of the transaction amount. Additionally, new details of its comprehensive registry of crypto service providers have been announced. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations … Read more