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End of Inflation? The Radical Vision of Futures-Backed Cryptocurrency Part psychologist, part accountant, part industrial engineer, the senior executive in charge of user experience at enterprise software firm SAP has devised a way to merge cryptocurrency with modern financial instruments that could make national currencies appreciate in value. But in exchange for this ...
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China is reportedly raising the bar on its cryptocurrency crackdown Beijing plans to block domestic access to Chinese and offshore cryptocurrency platforms that allow centralized trading, Bloomberg said, citing unnamed sources. Chinese authorities will also target people and companies that provide market-making, settlement and clearing services for centralized ...
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Republicans just closed this lucrative cryptocurrency tax loophole And not only are cryptocurrency investors on the line for the capital gains they net from their investment activities, but virtually any transaction involving cryptocurrencies could also necessitate paying capital-gains tax. For instance, if an individual uses bitcoin to buy a good or service, the IRS views that as ...
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South Korean Banks Reverse Decisions on Cryptocurrency Accounts South Korean banks have backtracked from their decisions to stop servicing cryptocurrency accounts as crypto investors protested and the government re-discussed its policy. The country's 6 major banks have been told that they must follow through with the original plan and install the system that would ...
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Bitcoin price: 80% of cryptocurrency mined - What will happen to BTC next? With less than 4.2 million tokens left to be mined, the hit cryptocurrency is only 20 percent away from reaching its hardwired 21 million token limit. There are currently just over 16.8 million tokens in circulation and bitcoin opened on the markets at £9,887.28 ($13,619.03) today, according to CoinDesk.
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Bank Indonesia steps up warnings against cryptocurrency trade On Monday, Eni Panggabean, the head of payment system policy and oversight at Bank Indonesia, said that, unlike some cryptocurrency-friendly authorities like Japan, Indonesia's vulnerability to crimes like terrorism made it more wary about bitcoin and other virtual currencies. The pseudonymous ...
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The best mining pools of 2018 for cryptocurrency If you've taken the plunge with cryptocurrency mining and have a shiny new ASIC miner to hand, you may be tempted to fire it up immediately and start mining Bitcoins or your chosen cryptocurrency on your own. However, for the most popular currencies such as Bitcoin and Litecoin, it can take centuries ...
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South Korea Government Beats Slow Retreat on Cryptocurrency Ban Rather, it was the liquidity issues South Korean exchanges had that prompted CoinMarketCap to ax them. Although the Office for Government Policy Coordination may have rolled back the justice minister's statement, this doesn't mean that cryptocurrency exchanges in the country are in the clear.
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