With a well-defined regulatory framework, Malta now has the world's largest cryptocurrency transaction volume. This result comes from the April 29 Business Insider report referring to recent research by Morgan Stanley. A team of Morgan Stanley researchers led by analyst Sheena Shah led a study based on volume data from Coinmarketcap on all cryptocurrency...
When it comes to Bitcoin Cash , it's always important to talk about it. According to Whalepool , an important player of the market, BCH is not a suitable chain for traders and merchants. On the contrary, the number of transactions of Bitcoin Cash is less than both Litecoin and Dogecoin. Such details are usually open to interpretation but still...
In a statement that the Iranian government had done, the Blockchain technology-based cryptocurrency announced that the trial model was ready to pass on to life. It was also added that this currency will be accepted by many financial institutions in the country after the fact of life. Iran announced in February that it will develop its own cryptocurrency. Iranian...
Bitcoin (BTC) is in a good bullish trend with support of US $ 9,200 and US $ 8,600 against the US dollar. On the 4-hour chart of the BTC / USD, there is an uptrend trend line with support of $ 9,150. ...
France has cut the rate of cryptocurrency income tax on capital gains, has encouraged citizens to invest, and has even made some profits on the market. With this move of France, the tax rate on the cryptocurrency has been reduced by half. Reducing the tax rate in the cryptocurrency came at...
Nasdaq Inc. and Bank of America Corp. CEOs said crypto currencies are a threat and need to be regulated. According to Bloomberg, Nasdaq CEO Adena Friedman and Bank of America CEO Brian Moynihan spoke at a conference in New York hosted by MIT Sloan School of Management. According to Friedman, ICOs must...
Bank of America Closes Account for My Three-Year-Old Child Due to "Crypto" Tim Enneking (father) is the general manager of the Crypto Asset Management company in San Diego, California . My daughter is 3 years old. Bank of America (BoA) closes his account due to the "risk profile" hehas on May 4th, and apparently the "connection" to the crypto market. Please let me explain. The...
Warren Buffett, an American investor and Berkshire Hathaway's CEO at the age of 87, once again underestimated crypto-currencies today, claiming that on April 28, purchasing Bitcoin is not an investment in an interview with Yahoo Finance in Nebraska,Omaha. "There are two kinds of things people think they have bought and invested in," he...
St. Louis Federal Reserve Bank cautioned the similarities between Bitcoin and nominal currencies. Earlier this year, the American Taxation Office noted that income from crypto money should be taxed just like any other income, and underlining that there is not much difference in the taxation of nominal currencies with Bitcoin. About the topic The...
On April 5, Bank of India ( RBI ) issued a warning to all banking and financial institutions in the country to cut off their dealings with Cryptocurrency-related companies. In the face of this incident, the crypto market in India was dragged into a panic, causing the crypto investors in the country to enter an alternative search. Some eye-catching traders continued...