Indian Regulators Responds to Crypto Regulation | Coindelite News
Crypto Regulation

Indian Regulators Responds to Crypto Regulation

A New Delhi based legal agency has asked 68 questions about cryptocurrencies to the Securities and Exchange Board of India (SEBI). The Indian regulatory body has finally responded to those questions asked by the agency called Blockchain Lawyer. The response comes under the Right-to-Information (RTI) act. This act allows citizens …

Crypto Mining Has Become Less Profitable | Coindelite News
Bitcoin Mining

Crypto Mining Has Become Less Profitable

Bitcoin mining has been a great way for miners to earn the money. Bitcoin (BTC) miner revenues of 2018 have already increased. In spite of the growth, miners are now earning less profits. According to the report, the rewards and fees for BTC miners have surpassed $4.7 billion within the first …

Dubai to Launch Government-Approved Cryptocurrency | Coindelite News
Cryptocurrency News

Dubai to Launch Government-Approved Cryptocurrency

People living in Dubai will soon be able to make payments of goods and services using cryptocurrency. The country’s new digital currency will be used to make payments for various services and products. Emcash can be used to pay for traditional in-store purchases, utility bills, and even school fees. The …

Scammers Use Crypto ATMs To Dupe Victims | Coindelite News
Bitcoin Scam

Scammers Use Crypto ATMs To Dupe Victims

There have been numerous cryptocurrency scams taking place in Australia. It is reported that the perpetrators have been asking crypto holders to deposit funds from nearby digital currency ATMs. Reports say that the criminals are targeting newly-arrived migrants. Because these migrants are not familiar with navigating the foreign system of …

Binance Coin is Now World's 14th Largest Crypto | Coindelite News
Cryptocurrency News

Binance Coin is Now World’s 14th Largest Crypto

Binance Coin (BNB) has become one of the top 20 cryptocurrencies in crypto space. Binance recently tweeted that BNB has become the 14th most valuable crypto by market capitalization. Currently, Binance stands at over $1.2 billion. Binance highlighted how its token holders are benefitted with its multiple use cases on …

The U.S. Government to Track Crypto Conversions | Coindelite News
Cryptocurrency News

The U.S. Government to Track Crypto Conversions

On October 3 the role of digital currencies in drug trafficking was discussed by the U.S. Senate Caucus on International Narcotics Control. Matthew Allen, an assistant director of domestic operations, Homeland Security Investigations (HSI) detailed about the drug trafficking. He stated that while criminals convert cryptocurrencies to government-issued currency creates vulnerability. …

Venezuela Publishes New Whitepaper for Petro Cryptocurrency | Coindelite News
Cryptocurrency News

Venezuela Publishes New Whitepaper for Petro Cryptocurrency

Nicolas Maduro, Venezuela’s president, has announced Petro cryptocurrency as the national currency on Monday. The President also claimed that Petro is already present in the world’s six leading international exchanges. A new whitepaper has also been published, and it states that petro is no longer 100 percent backed by oil …

Google to Protect Its Users From Cryptojacking | Coindelite News
Crypto Hack

Google to Protect Its Users From Cryptojacking

Cryptojacking has become one of the major issues in the cryptocurrency space. Individuals, crypto exchanges, companies have been losing their funds due to these issues. Google has recently announced that it is going to protect Chrome users from Cryptojacking. The search engine has made stricter rules for Chrome extension developers. …

US Lawmakers Urges IRS to Provide Clarity for Crypto Taxation | Coindelite News
Cryptocurrency News

US Lawmakers Urges IRS to Provide Clarity for Crypto Taxation

A group of U.S. lawmakers has requested the country’s Internal Revenue Services (IRS) to issue comprehensive guidance for taxpayers earning gains on digital currency investments or transaction. In an open letter sent to acting IRS commissioner Mr. David Kautter delegates David Schweikert, Kevin Brady, Darin LaHood, Brad Wenstrup and Lynn Jenkins writes …

The U.S. PNC Bank Adopts Ripple's xCurrent | Coindelite News
Ripple News

The U.S. PNC Bank Adopts Ripple’s xCurrent

The San Francisco based technology company Ripple has partnered with the American banking giant PNC (PNC Financial Services Group, Inc). The PNC bank has joined the list of the growing number of financial institutions which uses Ripple’s products. Asheesh Birla, Ripple’s senior vice president, stated that the bank’s Treasury Management …