CEX.IO Says No to Anonymous Crypto Trade
Crypto Regulations

CEX.IO Says No to Anonymous Crypto Trade

In an attempt to comply with the Fifth Anti-Money Laundering Directive in the European Union (EU), the United Kingdom’s CEX.IO has made it mandatory for its customers to reveal their identities. This development was announced through a press release. CEX.IO a self-regulated exchange was founded back in 2013. The only …

Crypto Traders Can Buy/Sell Cryptos Using Gemini App | Coindelite News
Cryptocurrency News

Crypto Traders Can Buy/Sell Cryptos Using Gemini App

Gemini, one of the most popular cryptocurrency exchanges has announced that it is launching a mobile app. Tyler Winklevoss, the CEO, and co-founder of Gemini wrote in a Medium post that the application will allow customers to buy or sell cryptocurrencies. It will also provide market prices, portfolio values and …

Only Two Bitcoin Miners Remain Profitable
Crypto Mining

Only Two Bitcoin Miners Remain Profitable

As the cryptocurrency market continues to experience a downfall, miners are struggling to make a profit. In fact, the situation has gotten so grim that people in China are selling their mining rigs by the kilo. Moreover, due to the constantly changing regulations and increases in the price of electricity, …

Bitcoin’s Downfall Cheers Anti-Crypto Environmentalists
Bitcoin News

Bitcoin’s Downfall Cheers Anti-Crypto Environmentalists

The current crypto bear market has been a cause of celebration for some environmentalists who believe that Bitcoin is “becoming worthless” and “will soon be no more.” Anti-Crypto environmentalists are eagerly awaiting the end of world’s largest currency. In her article on Treehugger, writer Ilana Strauss wrote, “Bitcoin is a …

American Express Appreciates Ripple's Technology | Coindelite News
Ripple News

American Express Appreciates Ripple’s Technology

Ripple’s fintech using blockchain technology is continuously growing and seems to be bearing positive results from all around the world. Ripple’s cryptocurrency named XRP has also established itself as one of the most important altcoins in the global market cap. The California based startup is receiving appreciation from significant players …

Indian Govt Panel Submits Advice For Crypto Regulation | Coindelite News
Cryptocurrency News

Indian Govt Panel Submits Advice For Crypto Regulation

The Indian government recently appointed a panel to suggest digital currency measures for creating the new legal framework. The panel has recently submitted its recommendations to the government. The document has not been made public yet, but still there a lot of speculations taking place by experts about what it …

IBM Partners With Abu Dhabi National Oil Firm | Coindelite News
Blockchain News

IBM Partners With Abu Dhabi National Oil Firm

On December 29, the Abu Dhabi National Oil Company (ADNOC) published a press release announcing its partnership with technology giant IBM. The collaboration aims to build a blockchain supply chain system. ADNOC is the world’s one of leading energy and petrochemical groups, with a daily output of around 3 million …

Israel Cracking Down on Crypto Tax Evasion
Cryptocurrency news

Israel Cracks Down on Crypto Tax Evasion

Israel’s tax-collection authority has shifted its focus towards cryptocurrency investors and traders in an attempt to curb tax evasion. According to Calcalist, Israel’s financial daily, the Israel Tax Authority (ITA) is undertaking strict measures to identify the people who are hiding their cryptocurrency investments as a way to save money …

Venezuela KFC Now Accepts Dash Cryptocurrency
Cryptocurrency Exchange

Venezuela KFC Now Accepts Dash Cryptocurrency

Following the footsteps of Subway and Papa John’s pizza in Venezuela, KFC has also started accepting payments in Dash, the cryptocurrency. KFC has said that this feature will be rolled out in Caracas, the Venezuelan capital before expanding it to 24 more cities. This development was reported by Forbes. Alejandro …

U.S. Crypto Sector Being Crushed Under Regulations
Crypto News

U.S. Crypto Sector Being Crushed Under Regulations

According to a law professor at the University of Arkansas School of Law, Carol Goforth, the regulatory situation of the crypto space in the United States is “confusing!” The law professor believes, “overlapping regulations produced by a multitude of distinct agencies with different missions and priorities” has led to a …

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