Amid the constantly changing nature of crypto regulation, five countries had record-breaking success in processing digital assets in 2019. One of the impediments to the adoption of blockchain and crypto technologies in the world are the regulations governing their introduction into the world of business. The constantly changing nature of the legal framework and the…
Read more
2019 was a very busy year with crypto tax legislation — check out Cointelegrahp’s 2019 global overview. 2019 was, without a doubt, a milestone for crypto taxation. Countries around the world realized cryptocurrencies are here to stay and adjusted their crypto tax policies as a result. This year alone, several countries have been busy establishing…
Read more
The basket of assets backing Facebook’s Libra stablecoin needs to change for the project to be accepted by regulators, according to Switzerland’s President. The basket of assets backing Facebook’s Libra stablecoin needs to change in order for the project to be accepted by regulators, according to Switzerland’s President. “Central banks will not accept the basket…
Read more
YouTubers turn to decentralized video platforms as an alternative to YouTube, while lawyers chime in on the matter On Dec. 23, thousands of YouTubers received emails from the video giant notifying them that their crypto-related videos had suddenly been deleted from the platform. The ban, which lasted about four days before YouTube began reinstating videos,…
Read more
Cryptocurrency exchange Huobi is launching a local gateway in Indonesia to enable fiat-to-crypto trading between the Indonesian Rupiah and Tether. Cryptocurrency exchange Huobi is launching a fiat gateway in Indonesia to enable fiat-to-crypto trading between the Indonesian Rupiah (IDR) and Tether (USDT). In a Dec. 27 press release, the Huobi Group announced that the launch…
Read more
Chinese securities regulators in Beijing have urged authorities to carry out relevant actions aimed at preventing the usage of cryptocurrencies by the public. China’s securities regulators has urged Beijing authorities to carry out relevant actions aimed at preventing the usage of cryptocurrencies by the public. In a Dec. 27 announcement on the China Securities Regulatory…
Read more
BitMEX, the world’s largest cryptocurrency exchange by daily trading volume to date, now holds 0.18% of all Bitcoins in circulation. BitMEX, the world’s largest cryptocurrency exchange by daily trading volume to date, now holds 0.18% of all Bitcoins (BTC) in circulation. In a Dec. 26 tweet, James Lopp, CTO at New York-based crypto custody startup…
Read more
Mobile payments service MenaPay announced support for Twitch donations with their MenaCash stablecoin. Mobile payments service MenaPay announced support for Twitch tipping with their MenaCash stablecoin. Blockchain-based payments service MenaPay updated its mobile app to add support for Twitch donations, according to a press release shared with Cointelegraph Turkey on Dec. 27. Twitch viewers are…
Read more
YouTube starts to remove bans from crypto-related content as YouTubers look towards decentralized social media platforms. More crypto-related content is being re-enabled on YouTube after several days of unilateral deletions and non-communication from the video giant. YouTube responded three hours ago via Twitter to YouTuber Carl The Moon regarding the crypto-related videos that have been removed…
Read more
CME and Bakkt saw record trading volumes on their respective Bitcoin futures contracts as both exchanges look to introduce BTC options. The United States Bitcoin (BTC) derivatives market witnessed a slew of developments in 2019 as “old players” set trading volume records and “new players” introduced novel market products. After months of regulatory maneuvering, Bakkt finally launched and…
Read more
