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Weekly Crypto and Blockchain News Roundup: Africa, 19 to 26 March 2018

Weekly Crypto and Blockchain News Roundup: Africa, 19 to 26 March 2018

Africa Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. African Union Meets in Rwanda – African Union leader Ramaphosa has proposed Africa’s own cryptocurrency following Venezuela’s state coin. At a recent African Union meeting in Rwanda, where delegations …


Weekly Crypto and Blockchain News Roundup: Asia, 19 to 26 March 2018

Weekly Crypto and Blockchain News Roundup: Asia, 19 to 26 March 2018

Asia Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country.   Japan Japanese government’s decision to increase regulations on Binance, a cryptocurrency exchange that was hacked a few weeks ago, is affecting the price of Bitcoin, forcing it below …


Weekly Crypto and Blockchain News Roundup: The Americas, 19 to 26 March 2018

Weekly Crypto and Blockchain News Roundup: The Americas, 19 to 26 March 2018

The Americas Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. USA Government – The American government has banned US citizens from trading in new Venezuelan cryptocurrency called Petro. Venezuelan president Nicolas Maduro announced this new initiative to help …


Weekly Crypto and Blockchain News Roundup: Europe, 19 to 26 March 2018

Weekly Crypto and Blockchain News Roundup: Europe, 19 to 26 March 2018

Europe Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. European Union The European Union is going to rule on a new legislation called General Data Protection Regulation (GDPR) that allows citizens from across the EU to request for …


Nigeria Crack Down On Crypto

Nigeria Cracks Down on Crypto

Residents in Nigeria have been told to stop meddling with cryptocurrencies, as the Central Bank of Nigeria (CBN) has not approved the digital currency use. This might come as a surprise to Nigerians as little more over than 12 months ago, the Nigerian government offered to support blockchain development.  The Cryptography Development Initiative of Nigeria (CDIN) had invited the Nigerian …


French Finance Minister Calls For ICO Regulations To Attract Crypto Startups

French Finance Minister Calls For ICO Regulations To Attract Crypto Startups

In a recent op-ed for French news website Numerama, France’s finance minister Bruno Le Maire outlined his ambitions to create a legal framework that would regulate initial coin offerings (ICOs) founded in France. In his piece for Numerama, Le Maire emphasized his intent in establishing France as the first major financial center to provide ad hoc legislative framework for companies holding …


Possible Boost to UK Cryptocurrency After Positive Government Comments

UK Crypto Task Force

UK government comments made on 22 March at the UK Treasury’s International Fintech Conference indicate that the UK government sees regulation as a way of enabling a “stable” cryptocurrency exchange in the City of London. UK city minister John Glen’s comments suggested that regulation could be a “significant boost”  to the local cryptocurrency industry should the government be able to …


IRS Issues Reminder to Report Crypto Earnings

IRS Issues Reminder to Report Crypto Earnings

The US Internal Revenue Service (IRS) has published a document ahead of a 17 April deadline to report all income derived from virtual currency transactions, including from cryptocurrencies. Referring to the IRS Notice 2014-21, which is a guidance on general tax principles, the revenue agency views all virtual and digital currency transactions as taxable, just as any other transactions on …


Yahoo! Japan to Launch Crypto Exchange

Yahoo! Japan has acquired 40% of the already well-established local exchange BitARG, hoping to open a full-scale exchange operation within 12 months. All set to roll out in April 2019, the new exchange will be built upon the BitARG system. Yahoo! Japan is set to make additional purchases in BitARG, which will register with the Financial Service Agency (FSA), early 2019. Yahoo! …


What The US Tariffs On China Could Mean For Cryptocurrencies

Central Bank Of China Release 'Blockchain Registry Open Platform’

The US market suffered significant losses on Thursday after President Trump announced extensive new trade tariffs on China. As Trump stokes the possibility of a trade war between the two countries, this presents the opportunity for wide-scale adoption of cryptocurrencies as a medium of exchange. In the realm of finance, speculation is everything and uncertainty is the adversary. The tariffs enacted by …


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