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 …

Australian Government to Use Blockchain in Driver License Scheme | Coindelite News
Blockchain News

Australian Government to Use Blockchain in Driver License Scheme

According to the reports, Australia’s New South Wales (NSW) government has announced that it will use blockchain for a new initiative. The blockchain technology will be used here for a state-wide test of its driver license digitization program which is scheduled for November. The government has announced that it will …

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 …

Malta Blockchain Summit Organizes Hackathon
Blockchain News

Malta Blockchain Summit Organizes Hackathon

The inaugural Malta Blockchain Summit is all set to dazzle the world of cryptocurrencies. Malta has shown strong support for blockchain technology and cryptocurrencies in recent times. In fact, Binance, the world’s biggest crypto exchange recently announced that they are moving their operations to Malta due to ongoing regulatory tensions …

Common Regulations on Cryptocurrency Needed in EU
Cryptocurrency News

Common Regulations on Cryptocurrency Needed in EU

The European Union has been urged to adopt common rules on cryptocurrencies and figure out how new digital units are being processed and distributed to various investors and other users. This is a part of the report that was prepared for the European Union (EU) finance ministers. The report also talked …

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 …

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