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New method of crypto transaction
New method of crypto transaction

Coinbase has updated its wallet with a feature that allows users to send cryptokurrency through user names instead of the usual long addresses. As announced on February 25th, Coinbase wallet now allows its users to send crypto to dedicated user names or names created in the Ethereum Name Service (E...

Published at: 2020-02-27


Coronavirus will delay the Chinese CBDC
Coronavirus will delay the Chinese CBDC

Research on the Central Bank's digital currency (CBDC) in China has been delayed due to the advancing coronavirus epidemic. On 25 February, the Global Times reported that the impact of the epidemic on staff was highly complex. Apparently, a source familiar with the matter said: "The coronavirus ep...

Published at: 2020-02-27


Next company to join Libra
Next company to join Libra

Tagomi, a crypto prime broker based in New York, will join the Libra Association, the governing body of a stable under Facebook. Tagomi was founded by Jennifer Campbell in 2018, a former associate of Union Square Ventures. Tagomi will become the 22nd member of the Libra Association. Members of the...

Published at: 2020-02-27


Crypto Taxes in South Korea
Crypto Taxes in South Korea

South Korean tax experts advised the Korean government to apply a low level of turnover tax on cryptocracy profits before imposing a transfer income tax on citizens, according to the Business Korea report. The Korean government is expected to announce its tax reform plan in late 2020.   D...

Published at: 2020-02-26


Coinbase is preparing for coronavirus
Coinbase is preparing for coronavirus

Every day there are new stories about travel disruptions and cancellations of public meetings in Asia due to the COVID-19 virus threat, aka the coronavirus. Currency crypto and traditional markets have also suffered, and Bitcoin has fallen by 3% in value due to the detection of the virus in Italy. A...

Published at: 2020-02-26


The Finnish authorities do not sell confiscated crypto
The Finnish authorities do not sell confiscated crypto

While some governments are selling bitcoins (BTCs) confiscated as a result of law enforcement action, Finland has not yet decided what to do about BTCs detained. The Finnish Customs Service, operating within the Ministry of Finance, is reportedly considering what to do about the 1,666 bitcoins inte...

Published at: 2020-02-26


Crypto development in Japan
Crypto development in Japan

Japan may be on the road to a national digital currency, but local companies in the world's third-largest economy can continue to innovate and ensure healthy competition.   Coincheck, a Kryptonian stock exchange based in an Asian country, is currently trading, selling and buying for eleve...

Published at: 2020-02-25


BoE to support digital currencies sector
BoE to support digital currencies sector

The Bank of England (BoE)'s chief cashier, Sarah John, expressed her preference for digital currencies issued by the state, according to an article published on 22 February by The Telegraph. She called on other central banks to consider the development of a crypto of the central bank's currencies in...

Published at: 2020-02-25


Drug Tracking and blockchain
Drug Tracking and blockchain

25 leading pharmaceutical manufacturers, distributors, logistics partners and other representatives of the pharmaceutical supply chain have published a report in which they advocate the adoption of Blockchain technology for the tracking of prescription drugs following the pilot programme. In early...

Published at: 2020-02-25


Ukrainian Stablecoin
Ukrainian Stablecoin

In the apparently first Ukrainian cryptocurrency, Kuna issued a stable coin linked to the local currency fiat, the Ukrainian hryvnia (UAH). The UAX chip, the new stablecoin, is pegged to the hryvnia in a 1:1 ratio and is based on the blockchain Ethereum, according to an official statement of the Ku...

Published at: 2020-02-24


Irish Drug Dealer lost crypto keys
Irish Drug Dealer lost crypto keys

Dubliner Clifton Collins, who was recently imprisoned for drug trafficking, claims that thieves took the keys to $56 million in Bitcoin (BTC), which the Irish Supreme Court ruled should be confiscated. After obtaining more than 6,000 BTCs by 2017, Collins decided to insure himself against hackers b...

Published at: 2020-02-24


New Crytpo Tax from one of the State in US?
New Crytpo Tax from one of the State in US?

The New Jersey legislature is currently considering a new bill that would require companies in the cryptocurrency industry to obtain an appropriate business license. On February 20, a woman named Yvonne Lopez proposed the Digital Assets and Blockchain Technology Act. The law would establish new req...

Published at: 2020-02-24


Coinbase: member of Visa
Coinbase: member of Visa

Coinbase is currently a major member of Visa, as announced on 19 February. This will allow her to issue debit cards without having to rely on third parties. This membership is an evolution of Coinbase's current relationship with Visa, where the exchange currency crypto provides a Visa-based debit c...

Published at: 2020-02-20


Israel: "Banks should not deny services to companies dealing with cryptocurrency"
Israel: "Banks should not deny services to companies dealing with cryptocurrency"

According to Israeli Attorney General Avichai Mandelblit, Israeli banks should not deny services to companies dealing with crypto currency. Instead of withholding financial services for all crypto companies, banks should carefully examine each case for risk indicators of money laundering or other i...

Published at: 2020-02-20


EU: What about Libra?
EU: What about Libra?

Governments around the world are facing difficult choices when it comes to covert currency: over-regulate it and risk losing the benefits to the economy, or do nothing and become vulnerable to those who take the first steps. At present, the European Union cannot decide what to do about Libra, the di...

Published at: 2020-02-20


South Korea: Closed ICO and return of funds
South Korea: Closed ICO and return of funds

The South Korean ICO draft Contents Protocol will reimburse CPT 26 877 ether (ETH) chip holders ($7.5 million in press time). Both legal obstacles and business challenges were cited as the cause of the closure. Details can be seen on the modified project homepage, first registered on February 19. T...

Published at: 2020-02-19


Ireland: Court confiscated Bitcoins
Ireland: Court confiscated Bitcoins

The alleged drug dealer lost 52 million euros (over 56 million dollars) in Bitcoin (BTC) after the Irish Supreme Court ruled that these were the proceeds of crime and should be confiscated. The Independent Local Info Point.ie reported on February 19th that the court found that Clifton Collins was i...

Published at: 2020-02-19


ESA: Blockchain into space
ESA: Blockchain into space

The European Space Agency (ESA), one of the main intergovernmental space exploration organisations, is funding a new blockchain project aimed at boosting the global extractive industry. As a well-known participant in blockchain technology applications, ESA is currently co-funding a joint project wi...

Published at: 2020-02-19


UEFA: Blockchain in tickets protection
UEFA: Blockchain in tickets protection

Thanks to the new European Union of Football Associations (UEFA) initiative, football fans in Europe will join the early buyers of blockchain. As announced on 17 February, UEFA is distributing more than one million tickets for football matches using a mobile application that supports blockchain. Th...

Published at: 2020-02-18


Central Bank of Russia: connection between cryptocurrencies and money laundering
Central Bank of Russia: connection between cryptocurrencies and money laundering

The Central Bank of Russia (CBR) has published a new set of rules on suspicious transactions, announced the Russian financial newspaper RBC on 17th February. This update broadly classifies every cryptocurrency-linked transaction as a potential money laundering risk. The Bank issued an update to dir...

Published at: 2020-02-18


Chinese crypto exchange is insolvent?
Chinese crypto exchange is insolvent?

Zhang Jian, founder of the Chinese stock exchange crypto Fcoin, revealed in today's entry that FCoin may not be able to pay 7,000-13,000 BTC (that is 67 million dollars to 125 million dollars), which he owes users.  According to Zhang, the stock exchange has not been hacked and is not a scam e...

Published at: 2020-02-18


New crytpo regulations in Singapore
New crytpo regulations in Singapore

Singapore's monetary authorities recently opened the door to crypto with the Payment Services Act. This policy aims to regulate payments in crypto currency and trade using regulations that currently regulate traditional monetary payment services as guidelines. All interested parties must apply for a...

Published at: 2020-02-17


Cash quarantine in China related to the coronavirus
Cash quarantine in China related to the coronavirus

It was reported that China began quarantining its used banknotes in order to try and stop the spread of coronavirus. In the meantime, the crypto community began to receive messages, commenting that the use of Bitcoin as a means of payment should solve this problem.   The province of Hubei, wh...

Published at: 2020-02-17


Regulations hit crytpo exchanges in Brasil
Regulations hit crytpo exchanges in Brasil

Legislators in Brazil received support for crypto regulation in connection with fraud charges in Atlas Quantum, Zero10 and Trader Group last year, and in February they became aware of some of the results. Bitcoin.com reported that two major crypto currency exchanges based in a South American country...

Published at: 2020-02-17


Bank from Blangladesh to cooperate with Ripple
Bank from Blangladesh to cooperate with Ripple

Bank Asia, based in Bangladesh, has joined RippleNet's blockchain-based financial services network. The partnership was only recently discovered after a Twitter user pointed out the Bank Asia logo in the official Ripple document on 10 February. Nevertheless, the partnership must be more than a mont...

Published at: 2020-02-14