Venezuela Lists Six Exchanges for Negotiating Petro Trading
The Venezuelan government under President Nicolas Maduro has announced that it is negotiating with six cryptocurrency exchanges to trade Petro and has provided authorization to them for this purpose. While the move was announced amid much government hype, the number is still less than the earlier announcement of 16 exchanges by Maduro. Petro itself has […]
JPMorgan Fintech Campus Set for 2020: “Silicon Valley Is Coming.”
In 2019 JPMorgan, America’s largest bank by assets will start the development of a “new fintech campus” in Palo Alto, Silicon Valley, as part of the bank’s long-term plan to further embrace fintech. The campus for over 1000 employees will be set in prime commercial real estate wedged between Google and Facebook on a plot of […]
Crypto Faces Global AML Regulations by June 2019, Says Watchdog
The international watchdog focused on anti-money laundering (AML) regulations has said it plans to institute a global framework for cryptocurrency beginning in June next year. As Reuters reports, the Paris-based Financial Action Task Force (FATF) has taken a significant step forward in the process of regulating the famously unregulated market of digital currencies with its announcement this week. […]
Exclusive Interview With Waqar Zaka: Celebrity TV Host Turned Bitcoin Philanthropist Praises ”Revolutionary” Technology
In a Bitcoin News exclusive, Pakistani reality TV host Waqar Zaka explains how he turned his journey from national celebrity into one of Bitcoin philanthropy. Zaka’s spot as presenter and head of content on his show gave him a huge following of fans in Pakistan. He likened his platform to Fear Factor on MTV in the […]
BitcoinNews.com Daily Podcast 19th October 2018
Listen to the 19 October 2018 BitcoinNews.com Daily Podcast below. [su_audio url=”https://anchor.fm/s/58aba88/podcast/play/1570233/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-9-19%2F5260097-44100-2-2bbc044e6d9b2.mp3″] On this edition of the BitcoinNews.com Daily Podcast, we discuss the 27.6% tariff on imported Chinese crypto mining rigs in the United States, and a USD 2.5 million judgement in the CFTC’s first crypto related enforcement action. Learn about A Cypherpunk’s Manifesto which discussed […]
Huobi Launching Universal Stablecoin HUSD
Huobi, one of the top 3 crypto exchanges in the world with hundreds of millions of USD trading volume per day has announced the launch of a universal stablecoin called HUSD. HUSD can be interchanged with the Gemini Dollar (GUSD), USD Coin (USDC) which is managed by Circle, True USD (TUSD), and Paxos Standard (PAX). The official […]
27.6% Tariff on Chinese Crypto Mining Rig Manufacturers Could Be a Blessing or a Curse for Miners in the USA
A trade war is underway between the United States and China, and now the biggest crypto mining rig manufacturers in the world are caught in the crossfire. Bitmain, Canaan Creative, and Ebang International are among the largest crypto mining rig manufacturers in the world and are all located in China. Crypto mining rigs have been […]
First Bitcoin-Related CFTC Enforcement Action Wins USD 2.5 Million Judgement
On 16 October 2018, a New York Federal Court ordered Gelfman Blueprint Inc., and the CEO Nicholas Gelfman, to pay USD 2.5 million restitution and fines. This is a successful end to the Commodity Future Trading Commission’s (CFTC) first Bitcoin-related anti-fraud enforcement action, an endeavor which began on 21 September 2017. From 2014 through January […]
North America: Crypto and Blockchain News Roundup 12-18 October 2018
North America Welcome to another weekly blockchain news roundup from around the world. Here we present to you all the latest Bitcoin news continent by continent and country by country. USA Department of Justice to Auction 660 BTC: The US Department of Justice is selling 660 BTC ($4.2 million) that were accumulated from various criminal […]
Japanese Committee Fights to Simplify Crypto Tax
One Japanese political committee has taken it upon itself to fight for a simplified cryptocurrency tax plan. The Government Taxation Investigation Committee (GTIC), which serves as an advisory body to the Prime Minister, began discussions on Wednesday to propose a simplified cryptocurrency tax payment plan, which they say is currently unnecessarily complex in Japan. The committee argues that […]
