Brock Pierce is leading a herd of crypto entrepreneurs and investors to Puerto Rico and the island seems mostly welcoming. Is that the right move?
120 Million? Vitalik Proposes Cap on Ether Cryptocurrency
The creator of the world’s second-largest cryptocurrency has floated a possible change to the network’s long-opaque ether issuance policy.
The Maddening Task of Calculating Taxes on Crypto
Calculating tax exposure is always a data-heavy business process. With regular assets, this process is simple. In cryptocurrency, it’s anything but.
IBM Evolution: Big Blue Is Finally Getting Serious About Cryptocurrency
IBM is breaking from enterprise blockchain norms by publicly working with cryptocurrencies in a wide range of projects.
Everything You Were Afraid to Ask About Crypto Taxes
There’s a lot of information to process, but ignoring it can be hazardous. The IRS is going to come after investors who are not reporting their gains.
<h1>ECB, Bank Of Japan Publish Findings On Project Stella Phase 2</h1>
On Tuesday, the European Central Bank and the Bank of Japan released a joint report on part two of Project Stella, which focused on securities settlement systems: delivery versus payment (DvP) in a distributed ledger environment. Although securities settlement is conceptually possible in single-ledger or cross-ledger DvP systems, the banks said that additional study would be required.
<h1>New EIP Suggests Ethereum Hard Fork For ASIC Resistance</h1>
Leading Ethereum developers are currently debating whether to hard fork the blockchain in order to implement a change aimed at undercutting the effectiveness of expensive, tailor-made mining equipment.
Report: Kazakhstan’s Central Bank Wants to Ban Cryptocurrencies
The chairman of the National Bank of Kazakhstan told Sputnik News it is seeking an all-encompassing ban on cryptocurrency exchanges and mining.
Chile’s State-Owned Bank Cutting Ties with Crypto Exchanges
Chile’s public bank will terminate the accounts of three cryptocurrency exchange clients within 10 days, according to a local news report.
<h1>Chilean Banks Deny Service To Cryptocurrency Platforms, Firms Ask For Regulatory Guidance</h1>
On Thursday, Chilean media reported that BancoEstado will close an account belonging to Orionx. This follows similar reports about cryptocurrency platforms BUDA and Crypto MKT, which together called for regulatory clarification through an open letter.
<h1>Subsidiary Of Russian State-Owned Bank May Conduct Cryptocurrency Pilot</h1>
A board member with Gazprombank has revealed that the financial institution could run a cryptocurrency-related pilot in Switzerland through a local subsidiary there.
AirAsia Planning Cryptocurrency-Based Rewards Program
The Malaysian discount airline plans to use its proprietary BigCoin token to facilitate transactions and act as a frequent-flyer rewards program.
Cisco Imagines Group Chats on a Blockchain in Patent Filing
A Cisco patent application describes how a blockchain could let people form groups on the fly to share files and other data while tracking membership.
Riot Blockchain Acquires Futures Brokerage After Crypto Pivot
Riot Blockchain announced it would “investigate” creating a crypto exchange and futures product after acquiring a registered brokerage.
Winner-Turned-Loser ICON Tanks 40 Percent as Crypto Markets Falter
It’s been a bad week for the wider cryptocurrency market, and one token alone in the top 25 by market cap has registered moderate gains.
Telegram Doubles Amount Raised in ICO to $1.7 Billion
Messaging app provider Telegram has raised a second $850 million in its ongoing token sale, according to a new filing with the SEC.
Arizona Bitcoin Trader Convicted for Crypto Money Laundering
An Arizonan bitcoin trader has been convicted for using the cryptocurrency to launder the proceeds of drug deals.
Does the IRS Get a Cut of Your Bitcoin Cash?
The tax treatment of hard forks in the U.S. is uncertain and the IRS should issue guidance addressing such issues, says a legal expert.
Bitcoin Eyes Bottom After 50-Day Low Below $7K
Bitcoin prices dropped to a 50-day low of $6,630 today, but a bottom may be in sight, chart analysis suggests.
Singapore Launches Blockchain Challenge with Funding Prizes
The Singapore government is launching an innovation-boosting blockchain challenge that will reward successful projects with funding.