News

In a conversation with the Financial Times, it appears that Mastercard has warmed up to the idea of cryptocurrencies, thanks to a series of statements made by Ari Sakar, Mastercard’s co-president for Asia-Pacific. Sakar said that Mastercard is exploring cryptocurrency options backed by governments. If governments look to create national digital currency we’d be very […]

New York is known as a restless city, where every business has a golden opportunity to flourish. With such a reputation, the city has earned the title of “capital” of many things: capital of fashion, arts and even capital of sports having two baseball teams with one of the country’s highest fanbase. But if there’s […]

Recently it has been all over the news that Sierra Leone held the first “Blockchain-Powered” elections. The theory of using blockchain technology during elections has been around since the technology started being explored outside of the cryptocurrency world. It would allow governments to limit electoral fraud, increase security and provide transparency. Sierra Leone Sierra Leone […]

Jihan Wu continues to expand his crypto imperium and apparently there is nothing in the way to stop him. His company Bitmain seems to be present in most of the core businesses in the field of blockchain industries: The company designs the silicon chips that power the ASICs they have patented, then they assemble the […]

Messaging giant Telegram has lost its appeal to stop the country’s Federal Security Service (FSB) from gaining access to its encrypted data. The ruling states that Telegram needs to share its encryption keys with state authorities so as to avoid further legal action. In 2017, the FSB, formerly known as the KGB, had asked Telegram […]

Overstock has a long history with cryptocurrencies. Back when the dominate conversation surrounding Bitcoin was its lack of integration at major retailers, Overstock accepted the digital currency at its online discount store. Their corporate investment strategy – to hold half of the Bitcoin received from payments – is well documented. In November, Overstock’s crypto division […]

At the SXSW conference in Austin, Texas this year, Elon Musk was photographed holding a book on cryptocurrency basics. This has driven increasing speculation as Musk’s brushes with crypto grow more frequent. In November 2017, a former intern at SpaceX named Sahil Gupta wrote a Medium post claiming that Satoshi Nakamoto, the creator of bitcoin, […]

A bill that was tabled last February with the aim of exempting cryptocurrencies from existing property laws has recently been passed by the Wyoming Senate. This news comes in the wake of various governments and regulatory authorities imposing restrictions against virtual currencies and ICOs. With this step, Wyoming becomes one of the first US states […]

Taxation is currently a hot topic in the cryptocurrency ecosystem, with market leading cryptocurrency broker Coinbase announcing that it has been legally obligated to turn over information on approximately 13,000 users to the United States Internal Revenue Service. The looming presence of the tax-man has catalyzed a strong fear response in many investors, but has […]

The French financial markets regulator AMF (l’Autorité des marchés financiers) announced it will establish legislation for initial coin offerings. The new legislation for ICOs could be introduced in April, reported French news outlet Les Echos, March 15. Les Echos, a leading business publication in France, published an exclusive report titled “Bercy veut faire de Paris […]