Is the Bitcoin bottom in? BTC derivatives point to limited price downside

After several delays, the South Korean government is going ahead with a plan to tax cryptocurrency holders. 5397 Total views 12 Total shares The South Korean government issued an amendment on Wednesday to introduce a tax on profits from cryptocurrency trading.Following a legislative notice lasting until Jan. 21, the amendment is likely to be enacted…

Blockchain Australia is now the Digital Economic Council of Australia (DECA) with a membership category for banks, most of which have blocked crypto exchanges.

A longshot effort from the community hopes to solicit an official White House response 6840 Total views 24 Total shares As token prices plunge and Ripple prepares for court, a band of XRP enthusiasts have rallied around a petition that may force a White House statement on the recent SEC lawsuit alleging Ripple conducted an…

The MicroStrategy CEO argued that ETH is a security as it was issued via an ICO and its network has had many fundamental changes over the years. 680 Total views 27 Total shares MicroStrategy CEO and Bitcoin (BTC) bull Michael Saylor said that Ethereum (ETH) is ‘obviously’ a security as he doubled down on labeling…

“Globally, more than two-thirds of central banks consider that they are likely to or might possibly issue a retail CBDC in either the short- or medium-term,” said the BIS. 292 Total views 17 Total shares A survey conducted by the Bank for International Settlements, or BIS, suggested that many central banks around the world are…

The proceeds of crypto crime fell by more than $5 billion in 2020, due to increasing regulatory compliance by crypto exchanges and declining scams. 2488 Total views 15 Total shares Revenue from crypto-related crime dropped by more than half in 2020 according to Chainalysis’ annual report on the subject.Cybercriminals netted around $5 billion less than…

The Biden team looks to Janet Yellen to lead the next administration's economic policy, which will have to navigate the wreckage left in the wake of the coronavirus. 4859 Total views 23 Total shares As President-Elect Biden continues to round out his roster of appointees, he has tapped an Obama-era chair of the Federal Reserve…

The World Bank has become the latest source of criticism over blockchain technology, this time urging caution over its role in land rights, Reuters reported on March 27.Speaking at the ongoing 20th Annual Conference on Land and Poverty in Washington, D.C. this week, Aanchal Anand, a Land Administration Specialist in the bank’s Global Land and…