Markets Update: Exchange News from South Korea Brings the Bitcoin Bears

Markets Update: Exchange News from South Korea Brings the Bitcoin BearsCryptocurrency prices are sliding downwards since our last markets update, as the top ten digital assets are all seeing a loss of gains on January 8. BTC/USD markets reached a high of $17,200 on Saturday evening on January 6, but the value has dropped since then to a low of $13,900 per BTC. The price […]

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Confusion Grows Surrounding Official Chinese Position Regarding Bitcoin Mining

Confusion Grows Surrounding Official Chinese Position Regarding Bitcoin MiningIn recent days a number of conflicting reports have surfaced pertaining to the stance of China’s government with regards to bitcoin mining. Last week, Bloomberg reported that the People’s Bank of China (PBOC) had met to discuss curbing mining operations in China, whilst Chinese media reports denied such – however, it has since emerged that […]

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Litigation Filed in India for Immediate Intervention of the Flow of Bitcoins

Litigation Filed in India for Immediate Intervention of the Flow of BitcoinsLitigation has been filed in an Indian High Court by a public prosecutor of cybercrime cases. Claiming that cryptocurrencies facilitate crime, he calls for their immediate ban or regulation. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Litigation Seeks Immediate Intervention A public interest litigation (PIL) was filed with the […]

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Bitfury as Big Brother: Mining Company Tracks Bitcoiners

Bitfury as Big Brother: Company Tracks BitcoinersBitfury Group announced they’re concerned about the advent of bitcoin users having multiple wallet addresses, which the company views as leading to greater anonymity and, they also believe, facilitates crime. Also read: Nine Years Ago, Bitcoin’s Block Zero is Born Bitfury Watches Bitcoiners “Currently, bitcoin users can have multiple addresses,” Bitfury Group CEO Valery Vavilov detailed, […]

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South Korea Found a Way to Tax Cryptocurrencies Under Current Law

South Korea Found a Way to Tax Cryptocurrencies Under Current LawThe South Korean government has announced that some taxes can be applied to cryptocurrencies under the current law, which will be finalized in the first half of this year. Other taxes are also being considered but some are not easily implemented under the current tax system. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, […]

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Cut Off? Here Are 7 Different Bitcoin Debit Card Services and Fees

Cut Off? Here Are 7 Different Bitcoin Debit Card Services and FeesJust recently we reported on European bitcoin users having issues with their loadable bitcoin debit cards. Even though some of these businesses are having a few issues, there are many cryptocurrency debit cards available all around the world. Also read: Visa Veto Leaves Several European Cryptocurrency Cards Locked Out Since 2015 Bitcoin-Based Debit Cards Have Grown […]

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After The Rise of its Controversial ”Digital USD” Tether Releases EURTs

After Creating a Digital USD Tether Limited Creates EURTsTether, creator of a USDT token claimed to be backed by the U.S. dollar, has been a hot topic of conversation lately to say the least. The company has been very successful so far issuing tokens to individuals and exchanges, but many skeptics are worried the digital currency is not backed by real fiat. Skeptics […]

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