Latest Cryptocurrency News

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Luxury Cars Retailer Starts Accepting BTC and BCH | Coindelite News
Cryptocurrency News

Luxury Cars Retailer Starts Accepting BTC and BCH

Having a dream of purchasing luxurious cars? Bitcoin (BTC) and Bitcoin cash (BCH) users can now buy their dream cars using their virtual currencies. Houston based retailer has become the country’s first high-end dealer to accept cryptocurrencies. The Post Oak Motor Cars have become the nation’s first Bugatti, Rolls Royce, …

NYC Finance Department Approves Two Stable Coins
Cryptocurrency News

NYC Finance Department Approves Two Stable Coins

New York City has one of the strictest regulatory structure in all of the United States. The state has recently authorized two cryptocurrency providers to issue their crypto tokens. Both these currencies are pegged to the US dollar.  The New York Department of Financial Services (NYDFS) published a statement this …

As Per Congressional Testimony, Terrorist Prefer Cash Over Crypto | Coindelite News
Cryptocurrency News

As Per Congressional Testimony, Terrorist Prefer Cash Over Crypto

According to the reports, the Financial Services Committee has published a testimony. The testimony says that the terrorist groups like Al-Qaeda and ISIS have failed to raise money to fund their criminal operation using cryptocurrency. Mr. Yaya Fanusie, director of analysis for the Foundation for Defense of Democracies Center on …

Indian Supreme Court to Hear RBI Ban on Tuesday | Coindelite News
Cryptocurrency News

Indian Supreme Court to Hear RBI Ban on Tuesday

The Indian Supreme Court will be hearing all petitions against the crypto banking on Tuesday. Several Indian Exchanges’ CEOs shared their opinions about what they expect from the hearing. They also described how they would see court’s ruling affecting the crypto community. In April 2016, Reserve Bank of India (RBI) …

Iran, Venezuela and North Korea Embracing Cryptocurrencies
Cryptocurrency News

Iran, Venezuela and North Korea Embracing Cryptocurrencies

The sanctions that were enforced by the United States government has forced multiple countries to turn towards cryptocurrencies. Iran, Russia, Venezuela, and North Korea are geared towards investing in blockchain technology and cryptocurrencies. These nations are reportedly forming alliances using blockchain technology. This news is concerning for the US as …

$5 million in Crypto Stolen by Canadian Executive
Crypto Scam

$5 million in Crypto Stolen by Canadian Executive

A British Columbia-based marketing firm recently found out that one of its employers was stealing cryptocurrencies worth millions of dollars. A senior executive of the firm has been accused of this theft. Shair.com Global Digital Services has filed a lawsuit against Jason Arnold, the former CEO of the company for …

Grayscale invests $6.3 million into Zen Cryptocurrency
Cryptocurrency News

Grayscale invests $6.3 million into Zen Cryptocurrency

Grayscale Investments, the company that operates the Bitcoin Investment Trust has created a new fund. This fund is dedicated towards Horizen, a lesser-known platform that hosts Zen cryptocurrency. Since multiple large institutions are reliant on Grayscale’s funds for cryptocurrency trading, Horizen’s focus on privacy is an added bonus. Grayscale recently …

Uzbekistan Government Welcomes Crypto Exchange with New Tax Benefits
Crypto Exchange

Uzbekistan Government Welcomes Crypto Exchange with New Tax Benefits

Uzbekistan Government to attract digital currency exchanges to set up exchanges within the nation. On September 2, an order issued by President Mr. Shavkat Mirziyoev gives foreign exchanges various benefits to start operating in the nation. The document says digital currency-related income will not be taxed, licensed exchanges running operations …

NYC Cryptocurrency Kidnapper Pleads Guilty
Crypto Scam

NYC Cryptocurrency Kidnapper Pleads Guilty

In a shocking incident, a man was held hostage by kidnappers in New York City. The man was abducted in a car driving through Uptown Manhattan, during which the kidnappers stole $1.9 million in cryptocurrencies. The man behind this plan has pleaded guilty in the Manhattan District Attorney’s office. Louis …

Crypto Debit Cards Coming To Singapore
Cryptocurrency News

Crypto Debit Cards Coming To Singapore

A blockchain startup based out of Hong Kong is planning to launch Asia’s first cryptocurrency Visa debit card. The company has applied for the required licenses and will issue 100,000 cards over the period of two months. The rollout of these debit cards will start with Singapore. Crypto.com is the …