Hollywood Actors Set to Star in Crypto-Themed Blockbuster

By | June 15, 2018

Hollywood Actors Set to Star in Crypto-Themed Blockbuster Hollywood will shoot and release its first movie centered on cryptocurrency this year, industry media report today, June 15. According to the Hollywood Reporter, ‘Crypto’ will focus on laundering of virtual assets and see star roles from the cast of popular US series including Westworld and Mad Men. The lead… Read More »

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Estonia Grants License to Crypto Trading Software Provider Ibinex

By | June 15, 2018

Estonia Grants License to Crypto Trading Software Provider Ibinex Ibinex, a company that specializes in white-label solutions for cryptocurrency exchanges, has obtained a license to operate in Estonia. Besides exchange services, it also plans to offer both hot and cold wallets within the regulatory framework of the tech-savvy, crypto-friendly Baltic nation. EU Registered Exchange and Wallet Provider Authorities… Read More »

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World’s First ‘Cryptocurrency E-Bike’ Earns Riders $26 per 1600 Kilometers

By | June 15, 2018

World’s First ‘Cryptocurrency E-Bike’ Earns Riders $26 per 1600 Kilometers A UK cycling merchant confirmed it would deliver the world’s first e-bike which generates cryptocurrency, local media reported June 12. 50cycles, based in London, will begin offering its TOBA range of vehicles in August via a partnership with “customer loyalty-oriented” token LoyalCoin. “This is not only the first… Read More »

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India’s RBI Eyeing Own Crypto Is Sign of Potential Ban Reversal, Says Ripple Chief

By | June 15, 2018

India’s RBI Eyeing Own Crypto Is Sign of Potential Ban Reversal, Says Ripple Chief Ripple (XRP) is expecting a positive regulatory framework to be forthcoming from India’s Reserve Bank (RBI), according to a Times of India report published Friday, June 15. Dilip Rao, Ripple’s global head of infrastructure innovation, is quoted by the Times as saying that despite… Read More »

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Crypto Incomes Declared on Tax Returns in Russia

By | June 15, 2018

Crypto Incomes Declared on Tax Returns in Russia Taxpayers in Russia have started declaring incomes and profits from crypto transactions even before cryptocurrencies are legalized in the country, results from this year’s tax campaign show. The Finance Ministry has again clarified the applicable tax rules, while the State Duma is still fine-tuning the upcoming regulations. One Conscientious Taxpayer… Read More »

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Venezuela Begins Monitoring Bank Accounts for Crypto Transactions

By | June 15, 2018

Venezuela Begins Monitoring Bank Accounts for Crypto Transactions The government of Venezuela has started monitoring the bank accounts of its citizens for cryptocurrency-related transactions. Accounts found to contain crypto transactions at prices which the government considers to be “undermining the national currency” will be “severely punished,” Vice President Tareck El Aissami said. Next Phase of Operation Paper Hands… Read More »

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My Big Coin Case Could Decide Regulatory Authority Of CFTC

By | June 15, 2018

My Big Coin Case Could Decide Regulatory Authority Of CFTC Hearings began Thursday in the case against My Big Coin, the cryptocurrency company that the CFTC has accused of defrauding investors of $6 million. But the attorneys for My Big Coin claim the CFTC has no authority to regulate the cryptocurrency company. A “categorical platypus” – that’s the phrase… Read More »

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EOS Goes Live, Over 150 Mln Tokens Staked to Validate Mainnet

By | June 15, 2018

EOS Goes Live, Over 150 Mln Tokens Staked to Validate Mainnet The EOS blockchain has now officially been activated, after the 15 percent – or 150 mln – positive vote threshold was hit yesterday, June 14, according to EOS Block Producer voting statistics. As of press time, over 177 mln of all EOS token have been staked, successfully… Read More »

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Ripple’s Chief Cryptographer Says That DLT Usage Isn’t ‘There Yet’

By | June 15, 2018

Ripple’s Chief Cryptographer Says That DLT Usage Isn’t ‘There Yet’ Ripple, the cryptocurrency answer to the real-time remittance, payment, and settlement problem, admits that a blockchain global payment solution may not be ready for prime time. Reuters reported on June 13 that Ripple’s chief cryptographer, David Schwartz, acknowledged that difficulty with scalability, along with concerns about privacy, will… Read More »

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Dutch Financial Regulator Has ‘Doubts’ About Crypto Investment Conformity

By | June 15, 2018

Dutch Financial Regulator Has ‘Doubts’ About Crypto Investment Conformity The Netherlands Authority for the Financial Markets (AFM) raised “doubts” as to whether entities dealing in cryptocurrency conform to licensing laws, according to an official letter June 13. In a letter sent to market participants looking to offer cryptocurrency investment opportunities, the regulator said the “risks” associated with them… Read More »

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