German Financial Regulator BaFin Clarifies Stance On ICOs

The Federal Financial Supervisory Authority (BaFin), Germany’s financial regulator, has published a note on the regulatory classification of tokens issued via initial coin offerings (ICO). The regulator stated that it has been receiving many inquiries about its stand on ICOs and whether tokens distributed during crowdsales are considered financial instruments. BaFin has issued a “letter of advice” in which it […]

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Biotron: Control and Monetize the Data You Create

Users generate valuable data every single day. An average person creates approximately 0.5 GB of information per day from their internet likes, posts, tweets, location, commerce, meta-data, and more. This amount is actually increasing by 45% each year as more of activities and transactions go online. Thousands of companies worldwide collect, analyze, and resell data, often without the consent or […]

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Wyoming Senate Bill Proposes To Lift Cryptocurrency Property Tax

A new tax bill has been introduced in the Wyoming state senate that would exempt cryptocurrencies from property taxation. Introduced by senators Ogden Driskill, Tara Nethercott, and Chris Rothfuss, along with representatives Tyler Lindholm, David Miller, and Jared Olsen, Wyoming Senate Bill 111 includes cryptocurrencies among a list of other intangible items that “shall be exempt from property taxation” as […]

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Byteball Does Not Need Mastercard and Visa

The adoption rate of cryptocurrencies by the public at large and into general practices across a huge host of industries is still slow. DAG currencies are trying to fix this. DAG (directed acyclic graph) has been offered as a solution. This solution is very different in contrast to the other systems. The user’s opinion is just as important as another‘s, […]

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Government Websites Have Been Hijacked by Wicked Crypto Miners

In a hack attack, the government websites, including the Information Commissioner's Office and thousands of other sites around the world have been running a malware program that uses the visitor’s computer to mine Monero, a cryptocurrency, which like Bitcoin is blockchain based, but with a greater concentration on transaction privacy. “This type of attack isn’t new — but this is […]

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Partnership to Build Hybrid Cryptocurrency Exchange Announced

Qurrex just took a big step forward in its efforts to build the world’s first hybrid cryptocurrency exchange. The Amsterdam-based company has tapped IT services provider Sunbay to build the infrastructure that will support its decentralized exchange. The plan at Qurrex is to offer professional traders and institutional investors a decentralized cryptocurrency exchange supported by the kind of infrastructure found […]

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Medici Ventures’ Bitt Inc. to Create Digital Payments Ecosystem in Montserrat

The government of Montserrat announced on Friday that it has signed a memorandum of understanding (MOU) with the Barbados-based financial technology company, Bitt Inc. to create a digital payments system in the jurisdiction. The agreement entails creating a framework for Bitt Inc. to collaborate with Montserrat in developing a pilot program, which will include a feasibility study to test the […]

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Venezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Has Raised $735 Million

Venezuela has announced that the pre-sale of its oil-backed cryptocurrency, the petro, has attracted $735 million on the first day. The government has also published a buyer’s manual and confirmed that buyers can use “hard currencies and cryptocurrencies, but not bolivars.” Petro Pre-Sale Starts The private pre-sale of Venezuela’s oil-backed cryptocurrency, the petro, was scheduled for February 20 at 8:30 am […]

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