Posted Date: April 24, 2018
As India works on the bill to regulate cryptocurrencies, each government department has its own opinion on whether to ban the use of crypto, including bitcoin. The Finance Ministry, the Reserve Bank of India (RBI), the Income Tax Department, and the Special Investigation Team have voiced their opinions on the upcoming bill. Also read: Russian Regulators […] The post India Divided on Whether to Ban Crypto Use appeared first on Bitcoin News.

Posted Date: April 24, 2018
The Russian government has officially provided a response to the bill that seeks to outline the legal framework for cryptocurrencies. Many flaws and inadequacies were pointed out including unjustified restrictions on Russian residents and foreign investors. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Response to Crypto Bill The Russian […] The post Russian Government Concerned Crypto Bill Inadequate in Many Ways appeared first on Bitcoin News.

Posted Date: April 24, 2018
aXpire is excited to introduce its MatchBX product to the blockchain community. Coming in late Q2, MatchBX will allow blockchain-empowered freelance work, with individuals able to engage with each other or businesses to earn cryptocurrency (AXP) as a full time job. There has never been a better time to learn about cryptocurrency and look to engage in the aXpire community full time. MatchBX also offers a “preferred partnership” group of companies that have been hand picked and verified to serve as the best providers of a particular online service. For example, our latest addition, Kotoba, provides high quality website and white paper translation services, and users will be able to access this group at a special rate through MatchBX. The post PR: aXpire Introduces MatchBX to the Blockchain Community appeared first on Bitcoin News.

Posted Date: April 23, 2018
The Finnish government has revealed the number of taxpayers who owe taxes from bitcoin-related income. The country’s Tax Administration claims to have “different ways to combine information and identify people” who owe taxes from crypto profits, which are now “well over ten times higher than last year.” Also read: Russian Regulators Draft Law to Restrict Crypto […] The post Finland Has Identified Thousands of Bitcoin Traders Who Owe Taxes appeared first on Bitcoin News.

Posted Date: April 23, 2018
Iran’s central bank has issued a statement banning the country’s banks and financial institutions from dealing with cryptocurrencies such as bitcoin, citing money laundering and terrorism financing risks. However, the local crypto community in Iran believes that the ban will not affect them and some exchanges continue to operate normally. Also read: Russian Regulators Draft Law […] The post Central Bank of Iran Bans Banks from Crypto appeared first on Bitcoin News.

Posted Date: April 23, 2018
No one likes missing the train. Of course, jumping on the wrong one is sure to delay the arrival even more. In today’s Bitcoin in Brief, we cover the latest attempts by big corporations to stay close to the crypto waters without really wetting their feet. Also, do you want to know how Cryptokitties have […] The post Bitcoin in Brief Monday: Snatching Blockchain, Tracking Bitcoin appeared first on Bitcoin News.

Posted Date: April 23, 2018
After a Russian court enacted an immediate ban on the popular encrypted messaging service Telegram, the feisty company began to resist. Founder Pavel Durov insisted there were ways around the prohibition, including proxies and VPNs. It appears to have had some success even though millions of IP addresses have been blocked by the government. In […] The post Telegram Urges Paper Airplane Protest, Pussy Riot Activist Arrested appeared first on Bitcoin News.

Posted Date: April 23, 2018
Decoin is proud to announce after months of build-up their Initial Coin Offering (ICO) is now officially live! Decoin is a decentralized coin and trading platform exchange that is set to disrupt the current norm in the industry. With plans for a state of the art exchange platform, a decentralized coin that will be utilised to share profits with investors, and D-TEP Credit Cards, the company is looking forward to a successful launch. The post PR: Decentralized Exchange Decoin Launches Its Initial Coin Offering – Profit Sharing by Proof of Stake appeared first on Bitcoin News.

Posted Date: April 23, 2018
Nasdaq-listed technology firm Xunlei has become the subject of multiple class-action lawsuits from investors who purchased the company’s digital token, Linktoken. Xunlei is accused of misleading investors to disguise an initial coin offering (ICO) through which Linktoken was distributed. Also Read: Survey: 89% of Visa, Mastercard, Unionpay Users Know Crypto – 53% Have Purchased Xunlei CEO […] The post Nasdaq-Listed Company Xunlei Faces Class-Action for Disguising ICO appeared first on Bitcoin News.

Posted Date: April 23, 2018
The current president and chief executive officer of the San Francisco Federal Reserve Bank, and the man expected to soon be the New York Federal Reserve Bank, John Williams, has rejected the suggestion that cryptocurrencies comprise currency. Also Read: Trading Sanctions Imposed on Tezos Co-Founder Amid FINRA Settlement New York Federal Reserve Nominee Rejects Cryptocurrencies as […] The post Nominee to New York Federal Reserve Claims That Crypto Isn’t Currency appeared first on Bitcoin News.