Changes Afoot for Philippine Crypto-Friendly Economic Zone

The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also issued new directives to all of its licensees, including 40 crypto exchange operators. Also read: Philippines Increasingly Crypto-Friendly Better Due Diligence, License Suspensions A government-owned and controlled corporation, Ceza oversees the development of the Cagayan Special Economic Zone and Freeport, with the aim to turn the…

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The Changing Shape of Crypto Funding in 2019

2019 was meant to be the year of the IEO. Or was it the STO? Whatever the case, it’s had its share of both, with mixed results. While the number of successfully completed token sales and the number of IEO launchpads has increased significantly, secondary market demand has been underwhelming. As emerging projects study the performance of this year’s favored fundraising vehicles, they’re faced with a conundrum: stick with a tested formula, or eschew the three-letter models for something new. Also read: Snowden: US Seizing My Book Revenue is ‘Good…

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Tiny Block Advocates Speak Up After Veriblock ‘Abuses’ Bitcoin’s Block Size

The BTC community recently celebrated the fact that Segregated Witness (Segwit) transactions accounted for 50% of transactions and bech32 transactions doubled as well. However, the celebration quickly came to an end when a few Bitcoin Core developers found out where the transactions derived from and got upset at the Veriblock project for using scarce block space. Bitcoin Core developer Luke Jr urged the BTC community to reduce the block size limit. He further called Veriblock “spammers” and abusers of Segwit’s “block size increase to gain an advantage over legit Bitcoin…

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Taxation Isn’t Just Theft – It’s Bad for Crypto Adoption

Crypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream media, and even professional sports teams now discussing and flouting digital assets. AT&T now allows customers to pay their phone bills in bitcoin, Japanese SMS giant Line is adding an FSA-approved crypto exchange to its hugely popular chat app, and the NFL’s Miami Dolphins have named litecoin their “official cryptocurrency.” Still, with all its wonderful attributes, it’s puzzling to some why crypto isn’t even bigger than it already is, and the answer may lie…

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Bitcoin Cash Futures Expected to Open up US Market by Q1 2020

Futures contracts on bitcoin cash can be available at a CFTC-regulated exchange by the end of this year or the first quarter of 2020. This will allow institutional U.S. investors to trade on a derivative of the cryptocurrency and bring in more trading volume for BCH overall. Also Read: HTC Adds Native Bitcoin Cash Support to Its Flagship Smartphone Bitcoin.com Champions Bitcoin Cash Futures Bitcoin.com is in discussions about listing a bitcoin cash (BCH) futures contract on a new exchange with approval from the U.S. Commodity Futures Trading Commission (CFTC).…

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Snowden: US Seizing My Book Revenue is ‘Good for Bitcoin’

Former U.S. National Security Agency (NSA) subcontractor Edward Snowden is being sued by the Department of Justice (DoJ) for his latest memoir. The agency won’t stop Metropolitan Books from publishing Snowden’s new book but the government will take the revenue he earns from the memoir instead. Following the book publishing fiasco, Snowden said that the outcome was “good for bitcoin.” Also read: India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost US Justice Department Files Lawsuit Against Edward Snowden and Seizes Memoir Revenue The 36-year old…

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10 Tax Tools to Help Crypto Owners

While tax laws on cryptocurrency vary by jurisdiction, there are many useful tools to help you calculate crypto taxes, lower your tax liabilities, and simplify your filing — no matter where you are. Many of them work globally, supporting tax forms of multiple countries, and can import data directly from all major crypto exchanges. Also read: Central Banks Worldwide Testing Their Own Digital Currencies Crypto Tax Tools Tax laws and filing obligations may vary from country-to-country, state-to-state, and even city-to-city, but there are many tools that work worldwide to help…

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Meet Nimbus, a Concept for Enhancing BCH Smart Contracts

On Monday, software developer Tobias Ruck introduced a new transaction version for the BCH chain called Nimbus in a demonstration video. The introduction is a longer version of the presentation Ruck had shown at the Bitcoin Cash City conference. According to the developer, the transaction version could unleash sophisticated smart contract potential on the BCH network. Also read: India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost Nimbus Is a New Transaction Version for Bitcoin Cash Tobias Ruck is well known for researching and developing within…

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18,000 Traders and Growing – Bitcoin.com’s Crypto Exchange Shines Brightly

Since exchange.Bitcoin.com launched, our premier trading platform has seen a significant influx of users from Asia and Europe. So far, the grand opening of Bitcoin.com’s exchange has led to more than 18,000 registered traders. Moreover, exchange.Bitcoin.com’s Chief Operating Officer, Danish Chaudhry, explained that the exchange launch and the last two weeks of trading have been a success, and account signups continue to grow. Also Read: Plans to Build $50M Bitcoin Cash Tech Park Revealed Bitcoin.com’s Premier Crypto Exchange Captures 18,000 Users Bitcoin.com recently launched a new trading platform on Sep.…

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Indian Parliament Member Helping Crypto Community Influence Regulation

The Indian crypto community has made progress towards influencing the government’s crypto policies. Some industry leaders have met with an influential lawmaker who has agreed to help bring about positive crypto regulation in the country. Also read: India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost Parliament Member Agrees to Help Since the Indian government published the draft bill to ban cryptocurrencies, the crypto community has united to convince lawmakers that the bill is flawed in hope that positive regulation will be introduced instead. This week,…

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