Korean Incoming Minister Confirms Crypto Taxation Plans
South Korea’s incoming finance minister, Hong Nam-ki, has reportedly unveiled his government’s taxation plans for cryptocurrency and initial coin offerings. A task force consisting of experts from government agencies...
November Volume Rankings: Bearish Momentum Drives Surge in Trade
The significant bearish momentum experienced across cryptocurrencies throughout November drove a significant increase in monthly trade volume among the leading markets.
Also Read: Japan Unveils Plans to Regulate Initial Coin Offerings
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Organized Crime Goes Digital With the Blockchain-Based ‘Mafia Wars’ Game
Over the last couple of years, blockchain-based gaming has become more popular with collectible games like “Spells of Genesis.” One peer-to-peer game, “Mafia Wars,” is a blockchain-themed tournament based...
Russian Marketplace Allows Users to Sell Items Priced in Cryptocurrency
A new Russian online marketplace that allows users to buy and sell goods and services priced in cryptocurrency has rapidly expanded in recent months. The Mentalmarket website has been...
Japan Unveils Plans to Regulate Initial Coin Offerings
Japan’s Financial Services Agency has held several meetings to discuss how to best regulate initial coin offerings. In addition to registration requirements, the regulator reportedly plans to amend two...
Maduro Orders Price of Venezuela’s ‘Cryptocurrency’ to More Than Double
Venezuela’s President Nicolas Maduro has announced that the price of the petro, his country’s national “cryptocurrency,” has been increased from 3,600 sovereign bolivars to 9,000. While the wallet for...
Intel Awarded a Patent for an Energy Efficient Bitcoin Mining Process
On Nov. 27, the world’s second-largest semiconductor chip maker, Intel, was granted a patent for a processing system that mines Bitcoin but utilizes more “energy-efficient hardware accelerators.” According to...
Japanese Cryptocurrency Exchange to Relaunch as Part of Huobi After Buyout
A regulated Japanese cryptocurrency exchange is shutting down to relaunch as part of the Huobi family. The new exchange will support six cryptocurrencies and 11 trading pairs. Existing Bittrade...
SEC Fails to Show Court Blockvest Tokens Are Securities
A U.S. district judge has denied the motion filed by the Securities and Exchange Commission (SEC) against cryptocurrency company Blockvest and its founder. The SEC failed to show the...
A Look at the Multi-Currency Encrypted Messaging App ‘Chat.Chat’
Over the past few weeks, cryptocurrency proponents have been discussing a new messaging and collaboration platform called Chat.Chat. The application offers an all-in-one system with secure messaging, a multi-currency...