GENEVA (AP) – A Swiss region that has billed itself as a hub for high-tech finance said Thursday that it plans to accept cryptocurrencies Bitcoin and Ether for tax payments starting next year.
Over half of monetary transactions in Venezuela take place using dollars, and nearly two-thirds use any type of foreign currency, according to data obtained by the Caracas-based research firm Ecoanalitica.
Investors are calling for the body of cryptocurrency trader Gerald Cotten to be exhumed after they learned that at the time of his death, he had sole access to $137 million in bitcoin and other cryptocurrencies held by investors on the Quadriga CX trading platform.
A recent article in the New York Times discusses Facebook and Telegram’s plans to introduce their own cryptocurrencies in the coming future.
Ukraine announced its decision this week to neither regulate cryptocurrency mining nor tax profits from this endeavor, cementing its status as one of the most crypto-friendly countries in the world.
A man died on a climb up Mount Everest during a promotional stunt for a new cryptocurrency from the website ASKfm.
Executives at the embattled social media giant Facebook may be cooking up their own cryptocurrency, according to a post from a company Vice President.
A startup in Dubai called OneGram has created a Bitcoin-style cryptocurrency that ostensibly complies with sharia law, making it an acceptable alternative for devout Muslims.
The New York-based Soros Fund Management is preparing to trade cryptocurrencies, according to a report from Bloomberg.
President Donald Trump has banned U.S. citizens from investing in Venezuela’s recently launched state cryptocurrency.
Venezuela’s socialist regime will soon launch its own cryptocurrency in a bid to raise hard currency amid an economic and humanitarian crisis that has brought the government to the brink of collapse.
Texas banking regulators booted a so-called cryptocurrency “bank” from operating in the Lone Star State as such, saying the entity violated regulations and mislead people to believe it performed as a traditional financial institution.
Zoobia Shahnaz, a 27-year-old resident of Brentwood on Long Island, was charged with bank fraud and money laundering in a grand jury indictment unsealed on Thursday. She was arrested at John F. Kennedy International Airport on July 31, allegedly in the process of fleeing to Syria after using the Bitcoin digital currency to send thousands of dollars to Islamic State fighters overseas.
Vitalik Buterin — the co-founder of Ethereum, a digital currency and dapp (decentralized app) development platform — deleted tweets from his verified Twitter account Monday night that seemed to defend the idea of legalizing child pornography.
Websites owned by CBS subsidiary Showtime secretly used viewers’ web browsers to mine cryptocurrency over the weekend, according to a report.
The Chinese Communist government views market power as a weapon for achieving geopolitical dominance, so it comes as no surprise that Beijing is cracking down on Bitcoin and other cryptocurrencies, viewing them as an unacceptable dilution of state power over the economy.
With the Brexit being the worst one-day global financial crash since the Lehman Brothers bankruptcy in 2008, Bitcoin gained a tremendous amount of credibility as a safe haven asset that is “good as gold.”
In the purported interest of keeping people safe, the European Commission wants to make us all easier to find. In an announcement released today, the EU’s executive body says it wants to stop the anonymous use of virtual currencies like Bitcoin in order to improve security.
