The new US state, Rhode Island will introduce money transmitter laws to regulate the crypto firms. Any business body that charges for currency transactions or deals with cryptos for others will come under this law. It will come into action from the 1st of January 2020…
United States House of Representatives has introduced a tax bill that will allow the exclusion of gain or loss on like-kind exchanges of virtual currency. The bill is called ”virtual value tax fix act of 2019”. Ted Budd, a Republican Congressman from North Carolina, decided to reintroduce this crypto tax bill.
CEX dot IO, a multi-functional cryptocurrency exchange, has been expanding its footprint in the United States. The firm is taking a particular interest in the institutional segment of the cryptocurrency sector. CEX dot IO now operates in 31 US states and the district of Columbia. After launching the US offices the firm is working hard […]
The New Jersey Attorney Office has accused William Green of Monmouth County over an illegal bitcoin exchange. The 46 years old Green was illegally exchanging customers’ money into bitcoins for a fee. The New Jersey Attorney Office alleges that he earned over $2 million cash with his illegal bitcoin exchange…
The U.S- based Utah County will introduce the Voatz’s blockchain voting app in its forthcoming municipal primary elections. This app will provide voting services to the on-duty military, eligible dependents and distant voters. The collaboration includes the Utah County Elections Division, Voatz, Tusk Philanthropies…
Ryuk, a bitcoin ransomware virus is now targeting Chinese enterprises. It has already gatecrashed over 100 government and private entities in the US and is now behind China. It has victimized the logistic, technology sectors and small municipalities that acquires high data value. It is asking for a ransom of around $5 million in bitcoins.
Decentralized crypto exchange Bancor announced that US users are banned from crypto trading on its platform starting from July 8. The announcement cited the uncertainty in the US crypto laws as the reason behind this strong decision. This announcement comes from the official blog post of the company. The post stated that this move would […]
US-based retail giant Target has announced to launch an open source blockchain based supply chain tracking. The company would integrate its components into the Hyperledger Grid project framework. This news comes from the official blog post of the company. According to the VP, the retailer worked with the blockchain technology called ConsenSource since mid-2018. However, Target […]
A big-time crypto exchange Bittrex announced it will block 32 crypto assets for US-based users. This news comes from an official Bittrex blog post. The users will get an email that will provide guidance on what they can and cannot do with such tokens before the change comes into effect The users will not be […]
After declaring itself as liquidated, Cryptopia is now all set to refund its account holders. However, the liquidators of the firm have filed for User Data Protection in the US court. As per the filing, the firm is appealing to the US that it is preserving the info it has stored on the servers of […]