Cryptocurrency

A cryptocurrency is a digital asset or virtual money that is secured by cryptographic algorithms. Some cryptocurrencies are decentralized and are based on Blockchain technology or distributed ledger technology.  

The first cryptocurency was developed by the American cryptographer David Chaum, who has described is ecash anonymous cryptographic electronic money in 1983. Now Bitcoin is one of the most popular and biggest cryptocurrencies.

ICO Obstacles: Thai SEC Considers Loosening ICO Regulations
Dec 23, 2018 at 14:35
News
ICO Obstacles: Thai SEC Considers Loosening ICO Regulations
The Thailand (Thai) Securities & Exchange Commission (SEC) is purportedly considering whether to smoothen the country’s regulation for ICOs. The regulator is carrying out a public hearing to calm down rules on pre-sales and private crypto sales. The SEC has also uncovered plans to stop the usage of crypto sales.
Innovative Space: U.S Lawmakers File a Bill Seeking to Exempt Crypto Assets from Securities Laws
Dec 23, 2018 at 09:00
News
Innovative Space: U.S Lawmakers File a Bill Seeking to Exempt Crypto Assets from Securities Laws
Two Congress members of the U.S. House of Representatives are now looking for ways of exempting cryptos and other digital assets from the federal standard securities laws. A bill was tabled before Congress on December 20, 2018.
Business Register : Italian Court Repudiates Registering Blockchain & Crypto-Related Companies
Dec 22, 2018 at 12:14
News
Business Register : Italian Court Repudiates Registering Blockchain & Crypto-Related Companies
All businesses operating in Italy that use crypto will not enjoy the full importance of decentralised economy. Firms based on the digital currency mechanism or using crypto won’t be qualified to register their commercial enterprises with Business Register. The Italian court judge made a ruling in a decree number 7556/2018 late November, 2018.
Western Union is Ready for Crypto Use in its Payment & Transfer Services
Dec 22, 2018 at 11:32
News
Western Union is Ready for Crypto Use in its Payment & Transfer Services
The American-based leading financial services firm, Western Union, is now more than ready to start using cryptos for payments. Odilon Almeida, the president of Western Union, revealed in a video interview with Reuters Plus, that the financial institution has been evaluating and ascertaining the deployment of digital currency. They are further delving into ways through which the service delivery using distributed ledger technology (DLT) can be improved. Western Union, founded in 1851, operates in more than 200 nations across the globe.
Bullish Gainers: BCH, BSV, ETH & STRAT Turn Winners in a Tramp, Ready to Hit Close Resistance Marks
Dec 21, 2018 at 15:24
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Bullish Gainers: BCH, BSV, ETH & STRAT Turn Winners in a Tramp, Ready to Hit Close Resistance Marks
The bull market appears to have recovered and the charts are indicating a green straddle. The crypto market, which has been suffocating for a while, has finally registered a hasty soar in prices as 2018 comes to an end. On Thursday, December 21, several altcoins saw weighty price clusters, some almost registered double-digit surges.
Mayor Luigi de Magistris Buys Pizza Using Bitcoin, City of Napoli to Address Problems Using Blockchain
Dec 21, 2018 at 14:11
News
Mayor Luigi de Magistris Buys Pizza Using Bitcoin, City of Napoli to Address Problems Using Blockchain
Mayor Luigi De Magistris used Bitcoin (BTC) to purchase a pizza at the historic Neapolitan Pizzeria during the Blockchain Napoli project presentation that occurred on December 15, 2018, according to a recent Cryptonomist report.
Crypto Market Nimble & Abounds with Pump-and-Dump Schemes, Research Reveals
Dec 21, 2018 at 08:36
News
Crypto Market Nimble & Abounds with Pump-and-Dump Schemes, Research Reveals
Scammers were engineering the price of cryptocurrencies such as Bitcoin (BTC), Ripple (XRP) Ethereum (ETH) such that they could stump their holdings onto unforeseen traders at a much higher price, shows a new academic paper analysing the size of market invective in digital assets.
HMRC: UK Tax Authority Releases Guidance for CryptoAsset Holders
Dec 20, 2018 at 16:44
News
HMRC: UK Tax Authority Releases Guidance for CryptoAsset Holders
The tax agency of the U.K published an exhaustive explanation of how it looks at digital assets plus how users will be taxed on their holdings, on Wednesday, December 19, 2018. Now, individuals who get crypto as a gift won’t pay the same taxes as those anticipating to accumulate money with them.
CONSOB: Italian Regulators Roll Out Enforcement on Rustic Crypto Scams
Dec 20, 2018 at 15:19
News
CONSOB: Italian Regulators Roll Out Enforcement on Rustic Crypto Scams
Italian authorities have come out to prohibit the sale of two dodgy crypto investments operating in the country for three months in an attempt to safeguard the local investors. The Commissione Nazionale per la Societa e la Borsa (CONSOB) is similar to the U.S SEC and is currently Italy’s main financial regulator.
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