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South Korea vs USA – Movie Stars Show How to Survive on Bitcoin for a Week

November 5, 2017 Kevin Helms 0

South Korea vs USA - Movie Stars Show How to Survive on Bitcoin for a WeekA South Korean broadcast television channel has produced and broadcasted a reality TV show where two movie stars competed to live on bitcoin for a week. Set in South Korea and San Francisco, the actors were challenged to find merchants who accept bitcoin directly. Also read: Bank of Korea Criticized, Does Not Recognize Bitcoin as Currency […]

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Russian Economy ”Lost 18 Billion Rubles This Year Due to Lack of ICO Regulation”

November 3, 2017 Kevin Helms 0

Russian Economy Lost 18 Billion Rubles This Year Due to Lack of ICO RegulationResearch has shown that the Russian economy has been deprived of 18 billion (approx $300 million) rubles so far this year due to a lack of initial coin offering (ICO) regulation. Also read: Bitcoin Cash Hard Fork Plans Updated – New Difficulty Adjustment Algorithm Chosen 18 Billion Rubles Lost The Russian presidential adviser on Internet development, […]

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Bitcoin Cash Hard Fork Plans Updated – New Difficulty Adjustment Algorithm Chosen

October 31, 2017 Kevin Helms 0

Bitcoin Cash Hard Fork Plans Updated - New Difficulty Adjustment Algorithm ChosenThe Bitcoin ABC development team has announced its plans for the November 13 Hard Fork upgrade of Bitcoin Cash. The upgrade is designed to stabilize the problematic difficulty adjustment algorithm (DAA). News.Bitcoin.com talked to Bitcoin ABC lead developer Amaury Séchet and Bitprim CEO Juan Garavaglia about what to expect. Also read: Bitcoin Cash Community Preps […]

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Vietnam’s Central Bank Seeks to Ban Bitcoin Activities

October 29, 2017 Kevin Helms 0

Vietnam's Central Bank Seeks to Ban Bitcoin ActivitiesThe State Bank of Vietnam has developed a legal framework for digital currencies. The bank has submitted its proposals to its government, seeking to ban activities relating to bitcoin including issuance, distribution, and use. Bitcoin users may be subject to criminal prosecution and fined up to 200 million dong. Also read: Japan’s SBI Group Launching Eight […]

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South Korea Advances Crypto Bill Targeting Multi-Level and Door-to-Door Sales

October 28, 2017 Kevin Helms 0

South Korea Advances Crypto Bill Targeting Multi-Level and Door-to-Door SalesSouth Korea is moving forward with a bill to regulate cryptocurrencies. According to the country’s Ministry of Justice, the bill will primarily focus on cracking down criminal activities including crimes perpetuated through multi-level and door-to-door sales. Also read: Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble Bill To Focus on Criminal Activities The […]

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Japan’s SBI Group Launching Eight Crypto Businesses Including Mining

October 28, 2017 Kevin Helms 0

Japan's SBI Group Launching Eight Crypto Businesses Including MiningJapanese financial services company SBI Group has revealed its plans to create a “new financial ecosystem based on cryptocurrency.” Eight different crypto-related businesses are being developed simultaneously including mining, hedge fund management, and a derivatives market. Also read: Chinese Exchanges Seek Second Chance in Japan and Other More Crypto-Friendly Countries New Financial Ecosystem Based on Cryptocurrency […]

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Seven Japanese Bitcoin Exchanges Announce Bitcoin Gold Hard Fork Plans

October 22, 2017 Kevin Helms 0

Seven Japanese Bitcoin Exchanges Announce Bitcoin Gold Hard Fork PlansSeven of Japan’s leading bitcoin exchanges have announced their policies regarding the planned Bitcoin Gold hard fork of the Bitcoin network. The country’s largest exchange, Bitflyer, plans to distribute and trade the new cryptocurrency. Some exchanges will only distribute the coins, while others are taking a wait-and-see approach. Also read: Two South Korean Bitcoin Exchanges Announce Hard […]

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Russia’s Capital Discusses Issuing Moscowcoin Cryptocurrency

October 21, 2017 Kevin Helms 0

Russia's Capital Discusses Issuing Moscowcoin CryptocurrencyAs the work on Russia’s national cryptocurrency is underway, the city of Moscow is discussing issuing its own cryptocurrency, the Moscowcoin. This will be possible after the legal framework of cryptocurrencies is established for the whole federation, city officials explained. Also read: Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble Moscowcoin Discussion […]

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Russian Regulators Consider Establishing a ‘Crypto-Detective Agency’

October 19, 2017 Kevin Helms 0

Russian Regulators Consider Establishing a ‘Crypto-Detective Agency’At a recent State Duma Financial Market Committee meeting, an initiative to create a “crypto-detective agency” in Russia was proposed. This specialized agency will primarily collect all information on Russian companies planning to launch an initial coin offering (ICO) as well as create a registry of them. Also read: Putin Orders the Issue of Russia’s National […]

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South Korea Prepares to Tax Bitcoin Use

October 15, 2017 Kevin Helms 0

South Korea Prepares to Tax Bitcoin UseSouth Korea is preparing to tax bitcoin use after the cryptocurrency’s trading volume skyrocketed past that of Kosdaq. Han Seung-hee, the commissioner of the country’s National Tax Service, told lawmakers this weekend that the issue of how to best tax cryptocurrencies is being discussed, including the areas of capital gains tax, the VAT, and gift tax. […]

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