To find a way to outplay sanctions and enhance adoption of digital currency, Russia’s authorities are considering a new draft law which will allow certain businesses and entities to perform payments with the help of cryptos such as Bitcoin and Ethereum.
High-volume Coinbase Pro and Prime Clients in Asia and Europe can now easily fund their accounts through cross-border SWIFT wire transfers from non-U.S. financial institution accounts, according to an official post published on The Coinbase Blog on Tuesday.
The Netherlands Authority for the Financial Markets (AFM) and De Nederlandsche Bank (DNB), the country’s central bank, are industriously thrusting ahead for a national licensing scheme for digital currencies.
Law 30/2019 amending the Fiscal Code became active on Sunday January 20, 2019 and introduces freshness to the system of Romania, viz. classifying the profits accumulated from Bitcoin (BTC), the flagship crypto and other cryptoassets as financial gain accruing over a given period of time from other sources.
The latest reports show that the year 2019 will see major financial anxiety. For example, the U.S economy is anticipated to slow in 2019 and is likely to face a recession next year. Similarly, China appears to have also registered an economic slow-down within the past few months. We can’t also put aside the brewing trade war between China and U.S.
The blockchain technology, as a major tool used for large-scale certification of goods on market, is unleashing an undercover bonanza. To compete are the major brands of global organized distribution, which are equipped with internal ecosystems based on blockchain. They have positioned their activities, with a view to spreading the technology, which has made the boom of the cryptoasset, ensuring transparency and unchangeable shared data.
On April 23-24 the global blockchain and cryptocurrency industry meets at Blockchain Life 2019 Asia in Singapore.
The crypto industry has experienced another significant wipeout of around $5 billion that has affected Bitcoin (BTC), the flagship digital currency, gravely, placing it under the $3,500 level. At press time, the market cap is at $119 billion, falling $5 billion from Sunday’s (Jan 20) total of around $124 billion.
Binance, the biggest cryptocurrency exchange in the world in terms of trading volume, has frozen funds which were maliciously stolen from the hacked Cryptopia digital currency exchange earlier last week.
Faireum releases its new blockchain-based technology that will break ground for crypto investors, traders and online gamblers alike.
In the latest Bitcoin (BTC) versus Silver (SLV) analogue piece, remarkable similarities can be seen in the charts. Trying to puzzle out the time frame of the consolidation point is very crucial. In Silver, the consolidation period timing was more than 90 days, nevertheless, the 500% rally also took around 30 months. In Bitcoin, the 500% rally took around 9 months.
Ethereum (ETH) developments happened at each level of the ETH ‘stack’ that includes the core protocol and the users who launch it known as ‘Layer 1.’ This development includes the supporting developer tools and facility, which enable engineering on ETH’s potential. It also includes ‘off chain’ technologies, which enables developers to create fast and performant applications. It further includes the goods and commercial enterprises built on ETH, according to a hackernoon report.
The Ford Motor Company, IBM, RCS Global, Huayou Cobalt and LG Chem are considering employing blockchain to track and corroborate ethically sourced minerals. They aim at creating an open, industrywide network to track and confirm minerals and other significant materials for the automotive and consumer electronics sector in their supply chains.
The crypto market has been pretty bearish over all of 2018. Many investors lost faith in crypto and gave up trading. Digital currency exchanges have had a lot of troubles over this period too. Apart from low trading volumes and insufficient user activity, what are the other threats that crypto exchanges have to deal with?