Cryptocurrencies cannot be regulated by analogy with money or existing financial instruments. This was stated in an interview for the YouTube channel “Russian Norms!” By one of the initiators of the creation of the Belarusian High-Tech Park (HTP), investor of the Currency.com cryptocurrency exchange and founder of VP Capital, Viktor Prokopenya. “Cryptocurrencies are a new phenomenon, a new story. And under it you need to write your own rules with […]
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As part of a global expansion, the South Korean bitcoin exchange Bithumb will launch a platform targeted at Russian-speaking users. This was reported in the press release of the company. “Russia is one of the largest economies in the world and an important investment market. Many Russian bitcoin investors have been working on the cryptocurrency market since the first years of its existence. Therefore, Russia became one of the first countries with which we started our […]
The infamous entrepreneur John McAfee confirmed his forecast for a rise in the price of bitcoin to $ 1 million next year. This will happen due to the limited offer of cryptocurrency, he said in an interview with Forbes. “We admit the obvious – there are only 21 million bitcoins. Seven of which are lost forever, and if Satoshi is dead, add a few more to them, ”explained Macafi. […]
BitPay cryptocurrency processing service will add support for Ripple's XRP token by the end of this year. This was reported in the official Ripple Twitter account. More exciting news: Ripple has partnered with @BitPay to enable thousands of businesses to accept #XRP for payments. https://t.co/oFzM1p37LC – Ripple (@Ripple) October 2, 2019 According to media reports, BitPay entered into a partnership with the Ripple division […]
The Presidium of the Government Commission on Digital Development approved the proposal of the Russian authorities to use domestic equipment to launch 5G networks. The initiative is described in a wireless technology roadmap developed by a subsidiary of Rostec. In particular, the document says that during the construction of 5G networks, mobile operators should use “public servers of Russian design based on a trusted electronic component base”. […]
One of the largest banks in Germany, Bayerische Landesbank (BayernLB) published a study in which it predicted the price of bitcoin in 2020 based on the ratio of reserves and growth and models of Seyfedin Ammus and the popular analyst Plan B. Is Bitcoin outshining gold? @Saifedean introduced the stock-to- flow approach to Bitcoin. It serves to quantify the “hardness” of an asset. We took the […]
Boston-based startup Nebulous, which developed the Sia Network cryptocurrency project, will pay a fine of $ 225,000 to the U.S. Securities and Exchange Commission (SEC) for selling unregistered securities. Big news! We entered into a settlement with the SEC for our 2014 offering of Siafunds (our security token), and the SEC took no enforcement action […]
EU competition commissioner Margret Westagher has launched an investigation into the digital currency project from Facebook. Her concerns are caused by the potentially anti-competitive nature of Libra. The EU's antitrust chief is scrutinizing Facebook's planned cryptocurrency because of the risk that Libra will lead to the creation of a new, entirely separate economy https://t.co/39DLuiBxwN – Bloomberg Crypto (@crypto) October […]
In the Russian Federation, they propose closing the loopholes in the legislation on Russian-controlled foreign companies and changing the rules for recognition as a tax resident of the country. This provision is contained in the draft Ministry of Finance on "The main directions of the budget, tax and customs tariff policy", designed for the next three years. According to the current legislation, the tax resident of the Russian Federation is a person who spent more than 183 days in the country during […]
As part of a special operation, the German police established control over the so-called “cyber bunker” with hundreds of servers for the darknet drug markets and child pornography and arrested seven suspects. Law enforcers also seized $ 41 million. German cops raid "CyberBunker 2.0," arrest 7 in child porn, dark web market sting. Bulletproof hosting facility was staged inside old NATO bunker in Germany; was […]