The Block: Crypto exchange Bithumb hit with a massive tax bill of over $69M
Monday, 30 December 2019 09:30
South Korea’s largest cryptocurrency exchange, Bithumb, has been hit with a hefty tax bill of 80.3 billion won (~$69.5 million). Local media outlet Pulse reported the news on Monday, saying that Bithumb’s largest shareholder, Vidente Co., confirmed the tax claim in a regulatory filing on Friday. South…
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8BTC: World’s First Countdown Speech on Blockchain Was Given on New Year’s Eve in Hangzhou
Monday, 30 December 2019 09:44
On December 27, an 8btc speech column “Lingting 2020” was given on New Year’s Eve in Hangzhou Canal Culture and Art Center. “Lingting 2020” is the world’s first new year countdown speech on blockchain which provides a feast for the ears of any blockchain lover. Tang Xialing,…
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CryptoPotato: Craig Wright Is Supposed To Receive Private Key of 1 Million Bitcoins (Worth $8 Billion) Tomorrow
Tuesday, 31 December 2019 07:16
The controversy around the Wright versus Kleiman legal case continues, as the former is reportedly going to receive the private keys needed to access over one million Bitcoins on January 1st, 2020. If successful in retrieving them, it’s questionable how and if Craig Wright will dispose of…
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The Block: Swiss president: The current form of Facebook’s Libra has ‘failed’
Friday, 27 December 2019 19:22
Facebook’s Libra stablecoin has failed in its current form, according to Swiss president Ueli Maurer. In an interview with Swiss broadcaster SRF, Maurer stated that Libra does not have a chance of being successful “because the basket of currencies that is deposited in this currency is not…
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The Block: Sci-Finance: Crypto trading in the next decade
Friday, 27 December 2019 20:50
As we enter the dawn of a new decade, the genesis of which will be marked by too many end of year posts containing pithy ‘hindsight is 2020’ jokes, I want to instead look to the future evolution of crypto trading. But we’re not going to be…
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CryptoVibes: Australian Government Saddles ASIC and APRA With New Cooperation Recommendations
Thursday, 26 December 2019 11:52
The Australian Government has opened a new consultation in regard to specific recommendations that the Royal Commission made. These recommendations are in relation to the cooperation between the Australian Securities and Investment Commission (ASIC) and the Australian Prudential Regulation Authority (APRA). The New Recommendation 6.9 The recommendation,…
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CryptoVibes: European Central Bank (ECB)’s New Crypto System Allows Controllable Anonymity
Thursday, 26 December 2019 15:13
The European Central Bank (ECB) is adopting a forward-thinking approach towards cryptocurrencies. The bank has published a new study that is proposing a new model that could bring cryptocurrencies to the mainstream. The regulatory is proposing a new crypto payment system with controllable anonymity. Balancing function and…
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CryptoVibes: Central Bank of Somalia Closes Forex Broker Accounts
Thursday, 26 December 2019 15:31
The central bank of Somalia recently ordered commercial banks in the country to close accounts related to forex brokers. It has also asked banks to provide details of these accounts as well as the amounts they hold. No explanation by the regulator The Somali central bank didn’t…
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The Block: Nic Carter on what 2019 meant for crypto and what 2020 might bring
Monday, 23 December 2019 21:20
It’s been an interesting year. We’ve been collectively holding our breath, waiting for the regulatory hammer to fall, and still waiting for that first killer app. We’ve been frustrated on both counts. Encouragingly, the industry has begun to acknowledge what really matters here, and the stakes of…
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CoinSpice: Amaury Séchet is Spiciest Person of the Year Runner Up
Monday, 23 December 2019 23:04
TL;DR: The countdown continues toward revealing the Spiciest Person of the Year for 2019. We’ve narrowed the field to less than a half dozen total, including four runners-up. Numbers 5 & 4 & 3 are posted: two swashbuckling exchange CEOs and one glorious troll. Number 2 is Bitcoin ABC lead developer…
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