Latest Cryptocurrency News

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Bahama Announces Cryptocurrency Regulations | Coindelite News
Cryptocurrency News

Bahama Announces Cryptocurrency Regulations

The Central Bank of The Bahamas (CBOB) has published a document which describes how it intends to regulate cryptocurrencies. The regulation includes Initial Coin Offerings (ICOs) as a part of decreasing the tax evasion, fraud, and money laundering. The regulation makes it clear that only the state-issued cryptocurrency will be …

Chinese Central Bank Warns Against Cryptocurrencies | Coindelite News
Cryptocurrency News

Chinese Central Bank Warns Against Cryptocurrencies

These days it is very rare to find any positive stories coming out of China with cryptocurrency in the headlines. The central bank of China has again warned its citizens against cryptocurrency investments. The People’s Bank of China (PBoC) has announced the risks associated with digital currency investments. Xu Zhong, Director of research …

Hackers Targets to Steal Bitcoins from Gate.io | Coindelite News
Crypto Hack

Hackers Targets to Steal Bitcoins from Gate.io

The cryptocurrency space has been a victim of various cryptocurrency hacking, cryptojacking, scams, and more. Recently Cybercriminals hacked StatCounter, one of the largest website traffic analytics platforms. The hackers transferred malicious code into more than 600,000 websites. The purpose was to gain access to Bitcoin held at the cryptocurrency exchange …

French Lawmakers Decreases Crypto Tax by 6 Percent | Coindelite News
Cryptocurrency News

French Lawmakers Decreases Crypto Tax by 6 Percent

French lawmakers have done minor changes to the 2019th budget bill which will decrease capital gains tax on Bitcoin sales to 30 percent from 36.2 percent. This would make digital currency transactions in line with other non-real estate assets that are taxed at a flat rate of 30 percent. According to …

Thai's Minister Calls For More Crypto Regulations | Coindelite News
Cryptocurrency News

Thai’s Minister Calls For More Crypto Regulations

Wissanu Krea-ngam, the Deputy Prime Minister of Thailand, has called for more regulations on cryptocurrencies. Earlier this year Thailand introduced a regulatory framework for cryptocurrencies. Krea-ngam said that new measures must be introduced both domestically and internationally. Krea-ngam was recently a part of the Counter-Terrorism Financing Summit. Meantime, he said …

Crypto Mining Uses More Energy Than Mining Metals
Crypto Mining

Crypto Mining Uses More Energy Than Mining Metals

The mining of cryptocurrencies uses a lot more energy than required to mine such as copper, platinum or gold. A research was published on this by the Nature Sustainability journal. It seems that cryptocurrencies are rapidly becoming a major contributor towards the already alarming pace of global warming. Thanks to …

Turkish Police Arrest 11 Wallet Account Hackers | Coindelite News
Crypto Hack

Turkish Police Arrest 11 Wallet Account Hackers

The cryptocurrency wallet hacks are one of the biggest threats in the cryptocurrency space. According to reports, the Turkish National Police and the Cybercrime team has arrested 11 criminals included in crypto account hacks. Victims have reported more than $80,000 in losses. The report claims that 14 individuals have complained …

BlackRock Waiting for Crypto To Be Legit
Cryptocurrency News

BlackRock Waiting for Crypto To Be Legit

BlackRock, the largest asset manager in the world is putting a hold on Bitcoin ETF for now. The company says that it is waiting for cryptocurrencies to become legitimate. BlackRock manages around $6.4 trillion in assets for its clients. Larry Fink, CEO, BlackRock like most of his Wall Street counterparts …

Crypto Regulation

Hong Kong Drafts New Plans for Crypto Regulations

The Securities and Futures Commission of Hong Kong (SFC) has announced its plans for regulating the cryptocurrency industry. The regulator published two drafts for cryptocurrency exchanges, cryptocurrency portfolio managers, intermediaries, and fund distributors. The first draft describes an approach that aims to bring cryptocurrency portfolio managers and fund distributors under …

NASDAQ Can Curb Crypto Market Manipulation
Cryptocurrency News

NASDAQ Can Curb Crypto Market Manipulation

NASDAQ, the stock exchange giant from the United States has said that it can effectively lead the fight against market manipulation and fraud that the cryptocurrency market has been facing for years. A few exchange platforms have already started adopting Nasdaq’s market surveillance technology. As per Bloomberg, the U.S. stock …