How Indian Crypto Users Avoid Banks Closing Their Accounts
Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found...
Venezuelan President Raises Petro’s Value Again in Bid to Create ‘New System’
For the second time in a little over a month, Venezuela’s president Nicolas Maduro has hiked up the value of the national cryptocurrency, the petro, this time to 36,000 sovereign bolivars....
Venezuela Files Complaint With WTO Regarding US Sanctions Targeting Petro
On Jan. 8, the World Trade Organization (WTO) published a dispute settlement request that was filed by the Bolivarian Republic of Venezuela with regards to executive orders and sanctions...
St. Louis Federal Reserve Predicts ‘Flood’ of Altcoins Will Drive Down BTC Prices
The St. Louis branch of the Federal Reserve bank has published a report seeking to examine the long-term prospects of BTC as an investment. The paper is highly critical...
Bulgarian Tax Authority to Inspect Crypto Exchanges and Traders
The National Revenue Agency of Bulgaria is preparing to conduct inspections on cryptocurrency trading platforms and their customers. The authority wants to make sure that both are fulfilling their...
Malaysia Starts Regulating Cryptocurrencies Today
Malaysia’s finance minister has announced that the order to regulate cryptocurrencies and initial coin offerings as securities has come into force. Crypto service providers and exchanges are required to...
Denmark’s Tax Agency to Collect Information About Bitcoin Traders
Danish tax authorities will soon be going after cryptocurrency traders in the country and beyond. The plan is to collect data from local bitcoin exchanges in order to verify...
Marshall Islands Updates 2019 Roadmap for Sovereign Cryptocurrency
The Marshall Islands’ plan to issue a sovereign cryptocurrency, dubbed ‘the Sovereign’ (SOV), appears to be progressing, with the Oceanic nation announcing that it will work alongside Steve Tendon,...
Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It
Acknowledging Venezuela’s efforts to deal with inflation and sanctions by creating a state-issued cryptocurrency, Russian officials have nevertheless declined a proposal to use the oil-backed coin in bilateral trade....
9 Crypto Firms Sue Washington State Utility Over 50 Percent Rate Hike
A major utility in the U.S. state of Washington, Grant County public utility district, and its commissioners are facing a lawsuit filed by nine cryptocurrency firms. The suit alleges...
