The Latest News about Cryptocurrency

Find the latest, and the most interesting, cryptocurrency news collected from around the net.

Coinbase Adds Zero-Fee Cryptocurrency Withdrawals and Sells Through PayPal
In a discreet addition to Coinbase, the company has integrated PayPal for crypto to fiat withdrawals and sells.
Bitcoin, Ripple, Ethereum, Bitcoin Cash, Stellar, EOS, Litecoin, Cardano, Monero, TRON: Price Analysis, Dec. 3
Over-the-counter trading desks usually cater to institutional or large individual traders.
Japanese Exchange GMO Coin Set to Resume Bitcoin Cash Trading on ABC's Chain
GMO Coin, a Japanese cryptocurrency exchange, has resumed Bitcoin Cash trading with the BCHABC blockchain, Finance Magnates reports Dec. 3.The exchange has reportedly "Announced that it will be resuming BCH/JPY trading" tomorrow, Dec. 4.
Thailand's Revenue Departments Tests Blockchain for Tracking Value-Added Tax Payments
Thailand's Revenue Department is testing blockchain to track value-added tax payments, English-language media outlet Bangkok Post reports Dec. 3.Ekniti Nitithanprapas, director general of the Thai Revenue Department, said that the department "Wants to use blockchain technology to prevent VAT refund fraud." According to the BP, the nation is "On the path to becoming the first country to use the distributed ledger for tax probes if the technology is adopted."
South Korea's Finance Ministry Considers Taxing Crypto and ICOs, New Minister Reveals
South Korea's Finance Ministry is considering taxation on cryptocurrencies and Initial Coin Offerings, daily English-language newspaper The Korea Times reports Monday, Dec. 3.Hong Nam-ki, South Korea's new Minister of Economy and Finance as well as new Deputy Prime Minister, revealed that crypto taxation plan will be finalized according to global taxation trends in the industry.
US Government Is Interested in Tracking Privacy Coins, New Document Shows
The U.S. Department of Homeland Security wants to know if tracking transactions conducted using privacy coins is feasible.
Swiss Fintech License Allows Blockchain, Crypto Firms to Accept $100 Mln in Public Funds
The Swiss Financial Market Supervisory Authority has released guidelines for their new "FinTech" license, according to a FINMA official press release released Dec. 3.The Swiss financial regulator revealed that license pursuants, which can be blockchain-related and crypto-related firms, will be able to apply for the fintech license with the state authority starting from 2019.The license, which FINMA notes has "Relaxed requirements" under the country's banking ordinance, allows fintech companies to accept public deposits of up to 100 million Swiss francs, or around $100 million.
Venezuela: Maduro Raises Petro's Value by 150 Percent Amid Ongoing Inflation
Venezuela's рresident, Nicolas Maduro, has raised the reference value of the national cryptocurrency, Petro, against the background of the country's ongoing hyperinflation, the president's official Twitter tweeted Nov. 30.According to major Latin American television channel TeleSur, Maduro first announced the new Petro rate on Thursday.
Life's Hard for Crypto Users Who Don't Speak English, But It Might Be About to Get Easier
The crypto markets have been something of a rollercoaster ride recently, with the price of Bitcoin recently tumbling to its lowest level since October 2018.But despite the doom and gloom, enthusiasm and optimism about cryptocurrencies' potential remain - so much so that one expert predicts Bitcoin will rally back to $15,000 by the end of the year.
G20 Leaders Pledge Crypto-Asset Regulation After Buenos Aires Meeting
Leaders from the Group of 20 nations reiterated their pledge to regulate "Crypto-assets" as part of a communique released Sunday after a meeting in Buenos Aires.
Crypto Assets See Losses Across the Board as BTC Falls Below $4,000
Monday, Dec. 3 - Crypto markets have today again taken a major downturn, with all of the major coins by market cap seeing significant losses of within a 4 and 10 percent range, as data from Coin360 shows.
Ohio: Seven Funds Plan $300 Million Investment for Blockchain Startups Through 2021
Ohio funds will pour over $300 million into blockchain startups through 2021, Northeast Ohio daily news outlet Cleveland.com reported Dec. 3, quoting executives.
Europe Leads the Way With Crypto Exchange-Traded Products
Exchange-traded products are derivatively priced securities that are traded on a national securities exchange.
China: Beijing Financial Authority Warns Against 'Illegal' Security Token Offerings
The director general of the Beijing Municipal Bureau of Financial Work has warned that Security Token Offering fundraising is "Illegal" activity, independent Beijing-based media outlet Caijing reported on Dec.1.
Thai Government Trials Blockchain in Fight Against Tax Fraud
A government agency in Thailand is trialing blockchain tech as a means to track value-added tax payments in the country.
26 French Companies, Five Banks Complete Blockchain-Based KYC Trial Based on R3's Corda
26 French companies and five major banks have completed a Know Your Customer test based on blockchain, according to a press release by the entrant firm RCI Bank and Services released Dec. 3.RCI Bank and Services, a French automotive financing and insurance firm unveiled details of a customer knowledge-focused blockchain solution trialed in partnership with blockchain consortium R3.According to the press release, the Proof-of-Concept test has been conducted in cooperation with the Association Française des Trésoriers d'Entreprise, a local network of treasury and finance professionals.
GM Files Blockchain Patent to Manage Data From Autonomous Cars
American car manufacturing giant General Motors has filed a blockchain patent for a solution to manage data from autonomous vehicles.
Ohio Accelerators to Pump Over $100 Million into Blockchain Startups
Two startup accelerators in the U.S. state of Ohio are reportedly to invest more than $100 million into blockchain firms.
Newly Formed US Healthcare Alliance to Trial Blockchain for Improved Data Quality
Major U.S. healthcare companies have formed an alliance to trial blockchain solutions in order to improve data quality and reduce costs, U.S. weekly news outlet Modern Healthcare reports Monday, Dec. 3.
Subreddit /r/Bitcoin Hits One Million Subscriber Milestone
Stalwart Bitcoin community subreddit "/r/Bitcoin" has hit the 1 million subscriber mark, according to a post from moderator "Ibelite" on Dec. 2.
Korea's Largest Internet Firm Kakao Is Running a Crypto ICO That Is Not Subject to SEC Scrutiny
Kakao, South Korea's largest internet conglomerate that operates applications and have nearly a 90 percent dominance in their respective markets, is running an Initial Coin Offering to raise funds for its blockchain project called Clay.
GM Patent Touts Blockchain As Data Solution for Self-Driving Cars
General Motors may be eyeing a blockchain platform to manage data from future fleets of automated cars.
EOS Node Offers Users Financial Rewards for Votes, Reignites Decentralization Debate
Another aspect of blockchain protocol EOS has sparked controversy this week after one of its 21 block producers appeared to offer its token holders financial rewards for voting it as a proxy.
Will Bitcoin Price Snap Three-Year December Winning Streak?
Bitcoin may break its three-year December winning streak unless prices convincingly cross key resistance at $4,410 in the next few days.
Security Token Offerings 'Illegal,' Says Beijing Financial Watchdog
Huo Xuewen, chief of Beijing's Municipal Bureau of Finance, has warned projects against holding security token offerings.
Islamic Financial Institution Partners With Startup to Develop Interbank Blockchain Tools
Saudi Arabian developmental institution the Islamic Development Bank Group has partnered with a Tunisian startup to develop interbank blockchain tools, a press release confirmed Nov. 29.
UK-Based Global Funds Network Calastone to Switch Entire System to Blockchain in May
London-based global funds network Calastone is switching its entire system for fund trade clearing services to blockchain this May, Reuters UK reports today, Dec. 3.
The Crypto Winter Is Here and We Only Have Ourselves to Blame
One thing has always infuriated me: his boasts, especially last year, that he was spreading belief in bitcoin because the small amount he'd distributed to random people over the years was now worth X times more in dollar terms.
UK Funds Facilitator to Roll Out Blockchain Settlements in 2019
Calastone, a London-based transaction network for investment funds, is looking to move its entire settlements system to a blockchain by May 2019.
Ping An's New Pitch for Blockchain: Shared Ledger, But Banks Keep Clients
Ping An, the Chinese insurance giant that built the eTradeFinance blockchain, is modifying the platform to give its 12 participating banks more control over customer relationships.
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