Archive for August 2019
The State of Arizona to Test Marijuana-based Stablecoin in State Fintech Sandbox
Arizona has adopted a crypto-based, marijuana-oriented payment initiative into its Fintech sandbox. In a recent release by the attorney general of the state, Alta, which is a company that offers payment solutions to marijuana businesses and dispensaries plans to provide stablecoin at an equal value to the US dollars. Alta aims to test members’ onboarding…
Bitcoin Ranks As 11th As EOS Still Tops China’s Monthly Crypto Rankings
The latest ranking released by Forex, crunched on the 31st of July, shows that bitcoin is the 11th performing cryptocurrency. According to the Chinese CCID Research Institute, the ranking reportedly was based on their application, innovation, and technology. The CCID is a research institute designed by the ministry of industry and information in China to…
NBA and CryptoKitties-based Company signs a partnership for Crypto Collectible Game
A new crypto collective game is about to be launched very soon. This is coming as a result of the agreement between the NBA, NBPA, and CryptoKitties-fame company (Dapper Labs) to start the new crypto collectibles. NBPA made this known officially on their website, and the release of the crypto game is likely to take…
Company Has Established a Blockchain-Based Phone with an “Ultramodern” Protocol
KaratGold states that the IMpulse K1 has extinct third-party involvement by launching a technology that will offer users the opportunity to chat with secured encryption – ensuring maximum privacy to all forms of conversation. Moreover, it has designed measures to ensure that personal files, data, and crypto transactions are safe even when the device is…
Report Reveals That One-fifth of All Crypto Dealers in Europe are Women
Although an earlier report continues to point to the fact that males have dominated the crypto industry, its effect might be less pronounced than we envisaged. On the 31st of July, Bitpanda and GlobalWebindex, which are both technology and market research companies released a publication after examining a wide range of data regarding the profile…
Bahrain-based Crypto Exchange firm Becomes the first in the Middle East to be approved by the Central Bank
Latest reports have shown that the crypto exchangers, Rain, located in Bahrain, is the first to obtain a license from the Middle East financial regulatory body. This is coming from the blog released by Rain, where it confirmed that Central Bank of Bahrain had given the company the Crypto Asset Module license to operate. Fortunately,…
IRS plans to send compliance letters to crypto investors
Following a press release on July 26, the Internal Revenue Service (IRS), The United States, is set to commence dispatching letters to investors in crypto in order to sort out all tax requirements for crypto tax. Following the assessment, it intends, in certain cases, to even compel defaulters to pay their taxes. From earlier reports,…
One of the most important features in crypto: how to avoid third-party commissions
Probably, the first thought, which runs in your head, is about necessity of crypto: you can pay by a credit card, so you don`t need something else. Of course, it`s a good choice for daily moves but there some situations when it`s not true. For example, you want to send a big sum very fast…
The Iranian govenment approves cryptocurrency mining on a large scale
Following the agitation of non-cryptocurrency dealers over the excessive consumption of electricity by cryptocurrency miners with little or no pay, there arose a need for the Iranian Government to settle the issue of legalisation or criminalization of cryptocurrency mining. According to a news report by MEHR News agency dated the 29th day of July, 2019,…
On the Way to a groundbreaking $1 million in 2025
Read on how you can profit massively from the upcoming Bitcoin Halvening Fast-forward to 10 months from now, a notable event that affects the price of bitcoin and other crypto products, in general, is going to take place. The “Bitcoin halvening.” It can be said that the impact of ‘halvening’ on bitcoin price isn’t an…