New South Korean leadership will press for BTC ETF trading
The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds and it expects to follow through, one way or another.
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South Korea’s Finance Ministry Considers Taxing Crypto and ICOs, New Minister Reveals
South Korea's Finance Ministry is considering taxation on cryptocurrencies and Initial Coin Offerings (ICOs), daily English-language newspaper The Korea Times reports Monday, Dec. 3.Hong Nam-ki, South Korea’s new Minister of Economy and Finance as well as new Deputy Prime Minister, revealed that а crypto taxation plan will be finalized according to global taxation trends in…
Redditors Call Out Reported Scam on Blockchain-Based Prediction Platform Augur
At least one scammer is reportedly gaming other users on the blockchain-powered event betting platform Augur by creating deliberately invalid markets, according to a Reddit thread published on March 20.Created by the non-profit Forecast Foundation, Augur is an Ethereum (ETH) mainnet-based predictions platform, which launched in July 2018. The platform allows users to stake tokens…
Russian central bank opposes ruble-pegged stablecoins
Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency. 1636 Total views 2 Total shares Senior officials at the Bank of Russia have come out against the issuance of private stablecoins pegged to the Russian ruble.Sergei Shvetsov, a first deputy governor of the Russian central bank, said that…
Chinese Consortium Led by Huawei and Tencent to Launch Coinless Blockchain
The Chinese Financial Blockchain Shenzhen Consortium (FISCO), led by multinational telecommunication company Huawei and tech giant Tencent, will soon present its coinless blockchain FISCO BCOS, as revealed in a press release Tuesday, Oct. 18.FISCO consists of more than 100 financial entities including major players such as WeBank, a digital bank initiated by Tencent, and Shenzhen…
Ripple Files Lawsuit Against YouTube: “Enough is Enough”
Ripple Labs and its CEO Brad Garlinghouse have filed a lawsuit against Youtube for its alleged complicity in a spate of repeated “XRP giveaway” scams. 2068 Total views 67 Total shares Ripple Labs filed a lawsuit against Youtube LLC in the Northern District of California on Tuesday April 21. The case seeks damages for Youtube’s…
5 cryptocurrencies that could benefit from a positive CPI report
Bitcoin (BTC) has finally pushed above the $17,000 mark after rallying to $17,375 on Jan. 12. with both the bulls and the bears eyeing the Consumer Price Index (CPI) due on Jan. 12. If the print shows that inflation is cooling off, risk assets may rally, but a negative surprise could attract strong selling.While some…
Valkyrie Funds to liquidate Bitcoin-related ETF by late October
Despite delisting VBB, Valkyrie still continues to manage the Bitcoin Strategy ETF and its Bitcoin futures ETF and the Valkyrie Bitcoin Miners ETF. 384 Total views 11 Total shares
Craig Wright’s Satoshi Case Goes to Trial July 6
Craig Wright’s Satoshi case will finally go to trial, both sides confirmed to Cointelegraph. 946 Total views 57 Total shares Lawyers representing both sides confirmed to Cointelegraph that they expect the trial to convene on July 6.The case that has been captivating the crypto community for several years now may finally receive a resolution. On…