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Venezuela to Have Two Units of Account – Petro and Petro-Pegged Bolivar

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Venezuela to Have Two Units of Account – Petro and Petro-Pegged Bolivar

Venezuela to Have Two Units of Account – Petro and Petro-Pegged BolivarPresident Maduro’s Venezuela is preparing to effectively adopt next week two official units of account – the nation’s crypto, El Petro, and the new petro-pegged bolivar that will replace the inflated national fiat. New salary and pricing mechanisms will be implemented as well, the country’s leftist leader promised.   Also read: Malta Tops Exchange-Based Crypto […]

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Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume

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Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC Volume

Malta Tops Exchange-Based Crypto Trade, Russia Leads in OTC VolumeJurisdictions with crypto-friendly legislation or comprehensive regulations in place are leading in terms of exchange-based cryptocurrency trading. According to a new study, however, over the counter and P2P exchange is much more popular in developing nations and countries where non-cash payments are still not widely spread. Also read: Crypto Funds Number 466 Despite Trends, Uncertainty […]

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Study: Crypto Funds Number 466 Despite Trends, Uncertainty

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Study: Crypto Funds Number 466 Despite Trends, Uncertainty

Study: Crypto Funds Number 446 Despite Trends, UncertaintyThe number of crypto hedge and venture capital funds is increasing at a fast pace this year, already reaching a total of 466, despite the bearish market trend and continuing regulatory uncertainty. 96 new funds have been founded by the end of July, according to a new study whose authors believe this year’s number will […]

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Bitcoin in Brief: Crypto Payments via SMS, Coin Tips for Tweets and Posts

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Bitcoin in Brief: Crypto Payments via SMS, Coin Tips for Tweets and Posts

Bitcoin in Brief: Crypto Payments via SMS, Coin Tips for Tweets and PostsFinancial software developer Intuit has been awarded a patent for processing BTC payments via SMS and we’ve covered the details in today’s edition of Bitcoin in Brief. Also in The Daily, Brave browser plans to enable BAT tips for tweets and Reddit posts, cryptocurrency is projected to constitute 5 percent of the portfolios of US […]

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Iran Steps Up Plan for National Crypto After US Sanctions

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Iran Steps Up Plan for National Crypto After US Sanctions

Iran Steps Up Plan for National Crypto After US SanctionsRight after Washington’s move to impose sanctions that will restrict Iran’s access to US currency, reports came out that Tehran is speeding up the project to develop a national cryptocurrency. Officials in the Islamic Republic believe the state-issued coin could help circumvent the restrictions imposed by the Trump administration. Also read: New Bill Proposes 5% […]

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The Daily: Ledger Adds Coins, Okex Launches Coinall, Exmo Partners with Mistertango

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The Daily: Ledger Adds Coins, Okex Launches Coinall, Exmo Partners with Mistertango

The Daily: Ledger Adds Coins, Okex Launches Coinall, Exmo Partners with MistertangoCovered in The Daily on Friday are several announcements crypto users may find interesting. Ledger has added support for 8 new coins and crypto exchange Okex is launching a white label platform. Also, Exmo will offer its European users faster payments and transfers in partnership with Mistertango, and Estonian startup Citowise has integrated credit card […]

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New Bill Proposes 5% Tax on Crypto Incomes in Ukraine

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New Bill Proposes 5% Tax on Crypto Incomes in Ukraine

New Bill Proposes 5% Tax on Crypto Incomes in UkraineA draft law prepared by deputies and representatives of the industry aims to introduce light taxation of crypto incomes in Ukraine. Businesses and individuals will be required to pay 5% on their profits from trading and mining cryptocurrencies when exchanged to fiat. Add to that the mandatory ‘military charge’ of 1.5% all Ukrainians owe the […]

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Bitmain Offers Wi-Fi Routers Mining Cryptocurrencies

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Bitmain Offers Wi-Fi Routers Mining Cryptocurrencies

Bitmain Offers Wi-Fi Routers Mining CryptocurrenciesHave you ever thought about mining cryptos while surfing the web without being a victim of some malware, of course? If so, Bitmain has an offer you might be interested in. The Chinese mining giant has just announced it’s offering a couple of Wi-Fi routers capable of minting digital coins while connecting you to the […]

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The Daily: Coinbase Increases Trading Limits, ABCC Opens in Malta, Omniex Hires Former Regulators

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The Daily: Coinbase Increases Trading Limits, ABCC Opens in Malta, Omniex Hires Former Regulators

The Daily: Coinbase Increases Trading Limits, ABCC Opens in Malta, Omniex Hires Former RegulatorsOn Wednesday, The Daily features a couple of announcements from Coinbase: the US crypto exchange enables instant purchasing with increased daily trading limits and is now accepting ETC deposits on its Coinbase Pro platform. We’ve also covered the opening of ABCC’s European headquarters in Malta and Omniex’s decision to appoint two former regulators as advisors. […]

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Poor Russians More Aware of Crypto Than the Rich, Poll Finds

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Poor Russians More Aware of Crypto Than the Rich, Poll Finds

Poor Russians More Aware of Crypto Than the Rich, Poll FindsA recently conducted survey has produced interesting results regarding how much Russians know about cryptocurrencies. People with lower incomes have been found to have a better idea of digital money than their rich compatriots. At the same time, general awareness of cryptos seems to be falling along with their prices. Also read: Crypto Markets Moods […]

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