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South Korean Committee Passes Bill Enforcing FATF Crypto Rules


South Korea’s national policy committee has passed an amendment establishing a legal framework for cryptocurrencies. It requires crypto exchanges and service providers to register with the country’s financial regulator and comply with the recommendations set by the Financial Action Task...

How to Navigate the Minefield of Cryptocurrency Taxation


National tax agencies have recently made it clear that the long arms of the law will be wielded to ensure bitcoiners pay the appropriate tax on their earnings. Motivated by surging interest in crypto, authorities are cracking the whip and instilling fear in those who have, until now, dismissed...

Venezuela President touts Trezor wallet on national TV


CoinMarketCap Daily Newsletter Your daily newsletter for 8 November, 2019 Progress “I was taught that the way of progress was neither swift nor easy.” – Marie Curie And that's week 1 of November down. Good job y'all! Enjoy your weekend! ????     […] The post Venezuela President touts Trezor...

Venezuela President touts Trezor wallet on national TV


CoinMarketCap Daily Newsletter Your daily newsletter for 8 November, 2019 Progress “I was taught that the way of progress was neither swift nor easy.” – Marie Curie And that's week 1 of November down. Good job y'all! Enjoy your weekend! ????     […] The post Venezuela President touts Trezor...

Holders of the Digital Yuan Will Not Be Paid Interest


China has been sending mixed signals about its preparedness to issue a national crypto. Despite the new blockchain push, there is still no timeframe for the anticipated launch of the digital yuan and few details have been revealed so far. However, a senior official from China’s central bank...

FBI Says Bitcoin Concern Is Getting ‘Bigger and Bigger’


In a recent U.S. Senate Committee on Homeland Security And Governmental Affairs hearing, Senator Mitt Romney expressed concerns about Bitcoin’s potential as a threat to national security. Federal Bureau of Investigation (FBI) Director Christopher Wray replied that cryptocurrency is a concern...

Turkey Becomes the Latest Nation to Work on Digital Fiat


Trade wars, sanctions, fear from private and decentralized cryptocurrencies. Regardless of the motive, a number of governments have recently taken the path of creating their own digital money. Turkey has become the latest country to announce plans for the issue of a “blockchain-based”...

China Removes Bitcoin Mining From Unwanted Industries List


Inspired by its new fascination with blockchain, China now seems to have changed its mind about cryptocurrency mining. The latest version of a national macroeconomic plan indicates that the government in Beijing has given up intentions to suppress the bitcoin mining industry, in which Chinese...

French Ministry of Education Publishes Bitcoin Resource Guide for Educators


As digital currencies transform the world, concepts like Bitcoin continue to percolate into academic courses and higher education worldwide. The French Ministry of National Education’s recently published economics and social sciences resource guide for teachers discusses cryptographic money...

Traditional Law and Finance Can Adapt to Bitcoin, These Examples Show


Bitcoin brought about solutions to persistent problems that stood in the way of previous attempts to invent digital money, such as the risk of double spending. Some of its features, however, like the characteristic irreversibility of blockchain transactions, have created certain challenges for...

Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse


An article found on the De Nederlandsche Bank (DNB) website has surprised many in the crypto space, with its bold claim that “If the entire system collapses, the gold stock provides a collateral to start over.” While proclamations of this nature are nothing new, it is strange to see...

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