EU Members Adopt Tougher Crypto Rules Than AML Directive Requires

EU Members Adopt Tougher Crypto Rules Than AML Directive RequiresEurope is gradually tightening the rules for the crypto space. A wave of new regulations are introducing stricter requirements for companies operating in the industry and cryptocurrency users are going to feel the difference in the coming months. The measures stem from the obligation of member states to transpose EU’s Fifth Anti-Money Laundering Directive (AMLD5) […]

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Piixpay Lets You Pay Bills and Invoices With Cryptocurrency

Piixpay Lets You Pay Bills and Invoices With CryptocurrencyIf you need to regularly cover fiat payments but prefer to use your digital assets, a platform like Piixpay can be very helpful. The payment provider allows you to use cryptocurrencies to pay invoices, bills and make other recurring payments to recipients that still accept only traditional money. Also read: Bounty.Cash Pairs Projects With Developers […]

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Venezuela Issues 50,000 Bolivar Bill Amid Persistent Hyperinflation

Venezuela Issues 50,000 Bolivar Bill Amid Persistent HyperinflationVenezuelans are used to their currency costing less than the paper it’s printed on. Economic misfortunes and political upheaval place their country at the bottom of all inflation charts, year after year. The latest incarnation of the national fiat, Bolívar Soberano, has succumbed to the illness of all previous emissions – rapid depreciation. The government […]

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Putin’s Order: Russia to Adopt Cryptocurrency Regulation by July This Year

Putin’s Order: Russia to Adopt Cryptocurrency Regulation by July This YearRussia’s President Vladimir Putin has instructed his country’s government to adopt federal laws relating to cryptocurrency by July this year. Russia has earlier broadened the definition of “digital financial assets” to include cryptocurrencies. Putin’s latest order resembles one he made regarding crypto regulation last year. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin […]

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Platform for Crypto Payments to Bank Accounts Launching in the UK

Platform for Crypto Payments to Bank Accounts Launching in the UKA company based in London has announced it’s launching a payment service that can help increase the mainstream adoption of cryptocurrencies. It allows users to send or spend digital coins which are converted and then transferred in the form of fiat money to the recipient’s bank account. Also read: ‘Bitcoin to the Moon’ Signs Appear […]

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State Treasurer: Ohio Companies Now Paying Tax in BTC

Ohio Companies Now Paying Tax in BTC, Says State TreasurerTreasurer in the U.S. state of Ohio Robert Sprague has revealed that at least two companies have paid their taxes using bitcoin since the state launched its cryptocurrency payment platform in December. Sprague did not disclose details pertaining to the amount or companies involved, citing confidentiality. Also read: Liechtenstein Bank Creates Cryptocurrency Trading Platform for […]

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Startup Launches Loaded Bitcoin Cash Notes to Spread BCH Adoption

Startup Launches Loaded Bitcoin Cash Notes to Help Spread BCH AdoptionBitcoin Cash proponents can purchase collectible and loaded BCH notes from a company called Global Notes based in Melbourne, Australia. The creator of Bitcoincashnotes.com is a firm believer in Satoshi Nakamoto’s vision for a peer-to-peer electronic cash system and thinks the low fees tethered to the BCH chain are “vital for the economic feasibility” of […]

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South Korea Ends Year With 6 Bills to Regulate Crypto Industry

South Korea Ends Year With 6 Bills to Regulate Cryptocurrency IndustrySouth Korea’s top financial regulator has exclusively shared with news.Bitcoin.com information about six cryptocurrency-related bills that have been submitted to the National Assembly. The most recent bill seeks to protect the rights of crypto owners and to ensure the safety and reliability of crypto transactions. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for […]

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Skeptical Payoneer CEO Dismisses Idea of Single Currency as Unrealistic

Skeptical Payoneer CEO Dismisses Idea of Single Currency Like Bitcoin as UnrealisticPayoneer chief executive officer Scott Galit has dismissed the idea of a single global currency like bitcoin as unrealistic. Galit argued that he doesn’t believe countries like the U.S. will ever allow citizens to pay taxes in bitcoin because of too much volatility in the price of the cryptocurrency. Also read: Former Mt. Gox CEO Says […]

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British Lawmaker Proposes Tax and Utility Bill Payments in Bitcoin

U.K. lawmaker Eddie Hughes has proposed that taxpayers should have the option to pay council tax and utility bills in cryptocurrencies such as BTC. The 50 year-old conservative legislator for the Walsall North constituency said the move would place the country at the forefront of digital currency adoption in Europe. Also read: Gibraltar Exchange Obtains Insurance […]

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