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Bitcoin not yet proven as credible currency - Japan finmin TOKYO, Dec 19 (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday that bitcoin had not been proven as a credible currency. He made the remark to reporters when asked about his French counterpart's comment this week that France would propose a discussion on regulating the virtual ...
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OTI is Developing Bitcoin Capabilities in the Crypto-currency Marketplace ROSH PINNA, Israel, Dec. 18, 2017 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, has announced that it is developing capabilities to implement the use of Bitcoins in its cashless payment solutions.
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Avoiding Paralysis: Comparative Analysis of Community Governance in Digital Currencies Dash's masternodes enable the currency's InstantSend and PrivateSend functions. These enable transactions to confirm instantly and to be obfuscated to protect financial privacy, respectively. Masternodes also form the backbone of the currency's governance system, as each masternode can vote on ...
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IRS Floats Tax Rules On Foreign Subsidiary Currency Gains Law360, Los Angeles (December 18, 2017, 6:11 PM EST) -- The IRS on Monday proposed rules governing the tax treatment of gains and losses incurred by U.S. companies' overseas subsidiaries on deals conducted in foreign currencies, and clarified whether hedging transactions qualified for a tax ...
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China Makes Moves Towards a National Digital Currency The People's Bank of China is testing a state-backed digital currency, despite a recent ban on cryptocurrencies and ICOs, according to a paper published in the Tsinghua Financial Review. Yao Qian, the director of the Central Bank, believes that a central bank-issued digital currency benefits China.
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