Tag Archives for " Bitcoin "

Venezuela Files Complaint With WTO Regarding US Sanctions Targeting Petro

Regulation On Jan. 8, the World Trade Organization (WTO) published a dispute settlement request that was filed by the Bolivarian Republic of Venezuela with regards to executive orders and sanctions maintained by the United States that target Venezuela and the nation’s cryptocurrency, the petro. The document was filed with the WTO on Dec. 28. Also […]

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Expect ‘Large increase’ in Cryptocurrency Taxes Filed for 2018, Says Bittax CEO

Bitcoinist spoke with Gidi Bar Zakay, CEO and founder of Bittax at the recently held Israel Bitcoin Summit in Tel-Aviv about cryptocurrency tax obligations for users and how the regulatory landscape is taking shape around the globe.  Bitcoinist: Why did you decide to launch Bittax? Are Bitcoin taxes too cumbersome to calculate for the average person?  […]

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Bakkt Expands Compliance Capabilities With Its First Acquisition

Fresh from completing its maiden funding round, Bakkt announced its first acquisition on Monday, Jan. 14, 2019. The daughter company of the Intercontinental Exchange (ICE) is also eyeing the possibility of expanding beyond the U.S. market. Bakkt Acquires RCG Back Office Bakkt announced the news of the acquisition via a Medium post by CEO, Kelly Loeffler. […]

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Japanese Regulator Clarifies Stance on Bitcoin ETFs and Derivatives

Regulation Japan’s top financial regulator has clarified to news.Bitcoin.com its stance on bitcoin exchange-traded funds (ETFs), cryptocurrency derivatives, and upcoming regulatory changes. This follows reports that the agency may be considering approving an ETF that tracks cryptocurrencies. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Bitcoin ETFs and Derivatives Following recent […]

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Tron Can’t Handle Bittorrent’s Transaction Volume, Former Exec Claims

Altcoins Simon Morris, who was Bittorrent’s chief strategy officer until July 2018, has expressed his doubts about the capability of the Tron blockchain to process the vast number of transactions that the popular file-sharing platform will demand. Morris believes there’s more marketing than technology behind the launch of the new crypto token. Also read: Iran […]

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Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy

Regulation An Indian bank is reportedly forcing customers to agree that they “will not deal with any transactions related to cryptocurrency including bitcoins” when signing up for an account. In addition, there are reports of banks blocking accounts of their existing customers if they are found to have made crypto-related transactions. Also read: Indian Supreme Court […]

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Pavel Durov Closes UK-Based Company Telegram Messenger LLP

News Russian-born entrepreneur Pavel Durov is liquidating Telegram Messenger LLP, the Britain-based company behind the popular messaging service Telegram. The same entity is registered as the messenger’s operator in the Russian Federation, where Telegram is currently banned. Also read: 5 Crypto Exchanges Have Been Licensed in Gibraltar Since Regulation Application for Voluntary Strike Off Filed […]

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Mongolia’s Cheap Electricity Draws Japanese Bitcoin Miners Seeking Profit

Mining A combination of cheap electricity and cold weather has started to draw a growing number of Japanese bitcoin miners to Mongolia, a country sandwiched between China to the south and Russia to the north. Amid falling mining revenues in other regions of the world due to the current crypto bear market, companies that have […]

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The Struggles and Successes of Introducing Crypto to the Unbanked: A Social Experiment in Colombia

News How cryptocurrency can help the unbanked has been a hot topic over the past 12 months. It is a laudable goal, but one that it is by no means easy to accomplish. One tech enthusiast and stablecoin startup employee, Steven Gilbert, experienced the struggles – and successes – of attempting to do so when […]

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