Bitcoin avg. transaction fee rises 937.7% in 24 hours
Bitcoin transaction fees surged nearly 940% on Aug. 22, reflecting heightened network demand and pressure on users.
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German dwpbank to offer Bitcoin trading to 1,200 affiliate banks on new platform
Securities processor Deutsche WertpapierService Bank (dwpbank) will provide its affiliates seamless integration with their current offerings, with more digital assets to come. 1539 Total views 11 Total shares Own this piece of history Collect this article as an NFTDeutsche WertpapierService Bank (dwpbank), which offers securities processing to around 1,200 banks in Germany, is creating a…
India’s Income Tax Department Is Secretly Training Its Officials to Investigate Cryptocurrencies
The Income Tax Department of India is secretly training its officials to investigate cryptocurrencies. An internal guidebook circulated by the department explains cryptocurrencies, their characteristics, the “dark side of Bitcoin” and the best investigation practices for tax officials.The Indian government doesn’t consider cryptocurrencies as legal tender, but it also hasn’t declared them outright illegal. Crypto…
Bitwise files for 10 Crypto Index Fund ETF with the SEC
Bitwise’s 10 Crypto Index Fund was launched in November 2017, with the bulk of the index fund comprised of Bitcoin and Ether.
Crypto-friendly BlackRock starts ‘digital-first’ investment offering in India
As BlackRock reiterates that an optimal investment allocation should include 84.9% BTC, the firm has formed a major investment partnership in India. 14 Total views 1 Total shares Global investment giant BlackRock is expanding its reach in India with a partnership targeting the launch of the “digital-first offering” in India.BlackRock on July 26 officially announced…
Office of Chinese Crypto Exchange BISS Closed, Staff Members Arrested
Chinese authorities shut down local cryptocurrency exchange BISS and arrested 10 people suspected of being involved in its operations.Local media Sohu reported on the actions undertaken by Chinese authorities on Nov. 22. However, the date at which the event itself took place is unclear.The same day, founding partner of blockchain-based investment company Primitive Ventures Dovey…
Crypto founders increasingly look to ‘geofencing’ amid US uncertainty
Variant Fund chief legal officer Jake Chervinsky says geofencing is an extreme measure to ensure compliance with US law.
Brazil’s president signs law aimed at having central bank regulate crypto firms
The decree authorizes the central bank to regulate and supervise virtual asset service providers, and ensures the country's securities regulator will continue to handle many tokens. Brazilian President Luiz Inácio Lula da Silva, known to many as simply Lula, has signed legislation giving clarity to the roles the country’s central bank and securities regulator will…
Russia’s Finance Ministry introduces digital currency bill, brushes off Central Bank’s objections
As the public standoff between the two agencies approaches fever pitch, the Ministry of Finance makes a formal move. 125 Total views 1 Total shares Russia’s Ministry of Finance has upped the stakes in its drawn-out showdown against the country’s Central Bank by formally introducing a bill that proposes to regulate digital assets rather than…