The latest in a series of seemingly arbitrary shutdowns leaves over 100,000 models having to find an alternative payment method. Bitcoin (BTC) is being championed as the solution to a new payment crisis affecting the adult entertainment website Pornhub. In a blog post on Nov. 14, Pornhub revealed that payment processor PayPal had abruptly stopped…
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Europe has the potential to become a global leader in crypto-assets if it succeeds to create a common approach to regulating the sector, argues the AFME. Europe has the potential to become a global leader in crypto-assets if it succeeds to create a common approach to regulating the sector. So goes the argument in a…
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Co-founder and CEO Kris Marszalek wants everyone to have a crypto-enabled VISA card. Crypto.com co-founder and CEO Kris Marszalek unveiled his company’s 2020 expansion plan in a talk today at BlockShow Asia 2019 in Singapore. The plans include launching its own exchange, shipping VISA MCO cards to almost every region in the world, and launching…
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America’s top tax authority, the Internal Revenue Service (IRS), has somewhat provided clarification about its recent cryptocurrency tax guidelines. However, their final decision regarding taxing promotional airdrops is yet to be made. Critics pointed out a range of potential problems with the latest guidelines, issued in October. Perhaps most glaring among these issues Read more…
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Switzerland’s main stock exchange SIX has listed a Tezos-based exchange-traded product that enables investors to generate passive income. Switzerland’s main stock exchange SIX has listed a Tezos-based exchange-traded product (ETP) that enables investors to generate passive income. Traded under the symbol AXTZ, the product is issued by fintech Amun AG in partnership with the Tezos…
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In fresh testimony to Congress, Jerome Powell appeared to suggest that while debt was huge, not paying it off also remained an option. The head of the United States Federal Reserve has admitted current economic policy is “not sustainable” — but that it is not its job to fix it. Speaking during testimony before Congress’…
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Crypto media should welcome skepticism, medialogue attendees conclude. The pace of the crypto market’s expansion would have been much slower without the contribution of dedicated media outlets. Google searches for terms like “Bitcoin” and “blockchain” skyrocketed in the last few years — alongside the spike in crypto prices. This suggests that people have a thirst…
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Bitcoin struggles against resistance at the 0.5 Fibonacci level after a brisk bounce off its 50-day moving average as support. Is a drop to $8,000 next? Bitcoin’s (BTC’s) price has been choppy since its October spike to $10,350, giving no clear indications of where its trend will head next. Overall, crypto’s pioneer asset has been…
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Chinese cryptocurrency mining giant Canaan Creative aims to raise $100 million in its United States initial public offering planned for this month. Chinese cryptocurrency mining giant Canaan Creative has announced terms for its United States initial public offering (IPO) planned for later this month. On Nov. 13, Renaissance Capital reported that Bitcoin (BTC) mining giant…
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United Kingdom-based travel company now allows customers to pay with cryptocurrencies to book a flight. Alternative Airlines, a travel company based in the United Kingdom, has partnered with cryptocurrency service Utrust to facilitate payments with crypto. On Nov. 13, the Swiss-based digital payments processor Utrust announced a new partnership with its first merchant in the…
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