Cryptocurrency

News on Cryptocurrency

Central banks could move to Crypto to support reserves

[ad_2][ad_1] Cryptocurrency pioneer Nick Szabo said central banks could soon turn into cryptocurrencies to strengthen their reserves, according to Finance Magnates on January 9th. Szabo is a veteran cryptographer, having developed the concept of "BitGold" – a digital currency focused on privacy, not implemented, pre-Bitcoin (BTC) in 1998. It is …

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Venezuela presents Crypto, Taxation of foreign Fiat operations

[ad_2][ad_1] The Venezuelan government has published a new decree introducing the taxation for operations with cryptocurrency and foreign currency in its official newspaper on Monday 7 January. Decree n. 3,719, published in the official Gaceta edition n. 6.420, is accompanied by another decree that explains the regulatory framework underlying the …

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The necessary evil of cryptocurrency and how to manage it

[ad_2][ad_1] Part of what has cemented cryptocurrencies on the map since they exploded into the mainstream investor market was their volatility. Investors poured into Bitcoin when, in November and December 2018, the value of cryptocurrency increased in exponential terms. However, this volatility is a double-edged sword, and the cryptocurrency market …

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Thailand Issues 4 Cryptocurrency Licenses, Rejects 2 Exchanges

[ad_2][ad_1] Regulations Thailand has officially granted licenses to three cryptocurrency bags and a broker-dealer. Two exchanges have been rejected and one is still under review. These seven companies have been temporarily authorized to operate in the country. Two of them will start closing their activities. Read also: The Indian Supreme …

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