On July 16, LDJ Capital, which is a private equity company, announced in a press release that it was launching a blockchain-based banking app called LDJ Digital. They are dong this in cooperation with Share Internet Data Ltd., which is a crowdsourcing firm. The LDJ Digital app will act as…
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99Crypto
Can the US Ban Iran from Exchanging Bitcoin?
For the past few decades, Iranian commerce has largely been fenced off from the rest of the world. This is due to the embargo levied on the rouge nation-state in retaliation for hostile actions against the United States and its allies. As the total market capitalization of the cryptocurrency economy…
Cryptocurrencies Have A Busy Week In The Headlines From Good To Bad
It was a busy week in the cryptocurrency industry. Not only did the prices of the leading digital currencies such as Bitcoin roller-coaster up and down, but the industry was also very much in the mainstream news. In the United States this week, President Donald Trump — who is no stranger…
The Nation of Georgia Just Eliminated VAT on Cryptocurrency Trading
On July 13, it was reported that the Caucasian Republic of Georgia had exempted the imposition of value-added taxes (VAT) on digital currency trading. Nodar Khaduri, who is the finance minister of Georgia, not long ago signed the legislation, which covers the taxation of companies and individuals in the country…
Here's What You Should Know About the Veil Market Closure
On July 11, it was announced that Veil, which is a prediction market that runs on the Ethereum network, was ceasing its operations. The company made the announcement in a blog post on Medium. Starting on July 11, it was no longer possible to add new markets to Veil, and…
Bitcoin Is Fueling New Growth in the Worldwide Transportation Industry
On July 11, it was reported that the blockchain is becoming a technology that is driving the growth of transportation management systems around the world. According to the report from Grand View Research, the market for transportation management systems is expected to approach $200 billion by the year 2025. The…