June 22, 2018

Tag Archives: cryptocurrency

Volatility of Cryptocurrencies Hinders Global Adoption

The volatile nature of Cryptocurrency is probably one of the reasons why many people have decided to keep off the trade. The price fluctuations are just crazy and can change multiple times within a few hours. Well, PayPal Chief Financial Officer John Rainey seems to agree more. In an interview with giant American media house […]

Respite as Thailand Waives the 7% VAT on Individual Cryptocurrency Traders

The Revenue Department of Thailand has just declared the abolishment of the 7 percent Value Added Tax (VAT) that had earlier been imposed on individual traders in the Cryptocurrency market. Thailand has experienced massive growth of the crypto market over the last few months and has now officially incorporated the trade on the country’s exchange […]

Indian Police Raid Cryptocurrency Mining Zone

Police in India’s capital, New Delhi has raided a digital coin-mining center and seized several mining cards. The establishment of this mining operation is believed to have been funded by close to $15 million that was obtained from the scandalous Ponzi scheme. Following Up On The Owners’ Arrest This raid, which was conducted by Cyber […]

Russian Court Now Recognizes Cryptocurrency As A Property

In a landmark ruling made on Monday, 7th May 2018, an arbitration court of appeals in Russia has finally recognized Cryptocurrency as one of the valuable property in that country. Despite the fact that Russia, at the moment, has no legal framework for the digital coins, this new ruling has overturned a similar one that […]

Security Beefed Up By Washington Utility Ahead Of Cryptocurrency Moratorium

Chelan County Power Utility District of North Central Washington, one of a well-known utility service providers operating in the US has increased security in readiness of a possible backlash that might occur anytime soon. The backlash could be as a result of a scheduled moratorium on digital coin miners by the said firm. The Backlash […]

Strong Gains Recorded by Leading Cryptocurrencies

For the past 24 hours, strong gains have been recorded once again in the virtual currency market. This has occurred at a time when the market valuation has moved past the $440 billion mark towards a region of $0.5 trillion. Some of the major virtual coins that have demonstrated potential short-term gains are Bitcoin Main, […]

CryptoPay.io Exchange Review

CryptoPay is a technically not an e-wallet, but rather a debit card where you can store Cryptocurrencies! The innovative idea has really taken off. While there are similar companies providing this service, CryptoPay is known to be the trailblazer in the industry and has built up a trustworthy reputation. Wallet and Cards With CryptoPay, you […]

“We are Not Acquiring Bitstamp”, Says Nexon Korea CEO

Rumors have been flying around that Nexon Korea, an established video game company is planning to acquire Bitstamp. The Chief Executive Officer of the company, Lee Jung-hun, has come out strongly to deny the rumors. Plans to Merge Gaming Business and Cryptocurrency According to these speculations that were released to various media sources two days […]

RBI, GST And Indian Government To Appear Before A Delhi High Court On 24th May For Cryptocurrency Ban

New Delhi, India – A suit that could set a far-reaching Cryptocurrency law precedence is looming in India. The Reserve Bank of India has been served with a court summons for arbitrarily issuing a ban prohibiting its controlled financial institutions from participating in Cryptocurrency deals. The RBI, Goods, and Services Tax Council (GST), and Ministry […]

Google Joins Facebook In Banning Cryptocurrency And All ICO Ads

The Cryptocurrency market was practically indomitable in 2017. It soared to a market cap of almost $613 billion by year’s end starting from a considerably small collective market cap with a value of $17.7 billion. This soaring represented an increase of more than 3,300%. The chances are high that such a profitable investment opportunity may […]
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