The leaders of the G20 countries, meeting over the weekend in Buenos Aires, Argentina, crafted a joint document that called for the creation of an international system that would tax cross-border transactions made by electronic payment services. They also called for the regulation of digital currencies in order to prevent…
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Estonian Financial Law Amended To Prevent Cryptocurrency Laundering
In the tiny Baltic nation of Estonia, the Ministry of Finance is expected to make amendments to a new financial crimes law that will tighten the regulation of digital currencies. Called the Anti Money Laundering and Terrorist Financing Prevention Act, the bill became law this week. Its purpose was to…
Digital Currency in The Blockchain Through The Eyes of Clovr
Blockchain-based research firm Clovr discovered that every time the market drops, mainstream media coverage of cryptocurrency increases. A correlation between the opinions that were shared in various publications and crypto values during the last 5 years were tracked in the study. Clovr took a survey of 48 U.S. and…
More Companies Accepting Bitcoin For Bill Payments
Glance Technologies Inc., which is a mobile payments processing company based in Canada, is adding support for Bitcoin payments. Called "Pay with Bitcoin," this new feature lets Glance Pay customers link their account with a digital currency wallet. They then can use Bitcoin to buy Glance Dollars, which…
Derivative Trading Platforms Make Investing in Cryptocurrencies Safer
Huobi, a digital currency exchange platform based in Singapore, is testing a new trading option for investors and speculators who may be concerned about putting too much "skin the game." Even though the mood was guarded at the Cryptofrontiers gathering in New York City, Huobi decided that this…
Digital Assets Are Here To Stay
Jeffrey Sprecher, who is the Chairman of the New York Stock Exchange (NYSE) and the CEO of the Intercontinental Exchange (ICE), recently expressed confidence in the survival of cryptocurrencies. Sprecher spoke at the Consensus Invest conference in New York City, and he said — in response to a newspaper headline that…