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Crypto news

Breaking news headlines about Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and blockchain technology.

Crypto news

​Facebook is thinking of launching a digital currency of its own

​Facebook is thinking of launching a digital currency of its own

11:35 am 2018-12-21

According to Bloomberg reports on December 20, the social networking site "Facebook" will issue a digital currency to users of the WhatsApp messaging service, which is supposed to be used for in-app transfers and will focus on the remittance market. India. Bloomberg said Facebook is developing a stable environment. The sources also said the digital currency would not be issued anytime soon, as Facebook is still working on a conservation asset strategy, the assets to which the warehouse will be linked. India's remittance market is large, according to World Bank data. The country received nearly $ 69…

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​Binance: 2018 is the general correction of the digital currency market

​Binance: 2018 is the general correction of the digital currency market

12:03 pm 2018-12-20

The CEO of the Binance Digital Currency Exchange, Changpeng Zhao, launched in 2018 as the year of correction for the digital currency field. Zhao made the remarks during an interview with Bloomberg on Wednesday, during which he spoke about the digital currency market, which traders suffer this year, which took a turn for the worse in mid-November, when the markets crashed more. "It's a corrective year," said Zhao, chief executive and co-founder of the Binance Exchange. "While price is a very strong magnet for speculators, the industry will grow thanks to builders who implement applications, real…

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​Coinbase stimulates investors to know their digital currencies for great gifts

​Coinbase stimulates investors to know their digital currencies for great gifts

10:27 am 2018-12-20

The Coinbase is a way to motivate the public to learn more about the way currencies work, how they are traded, and everything related to them, in a new way that the financial company has shown. Coinbase announced that it will launch the Coinbase Earn system, a new system whereby Coinbase users can earn a currency of 0x by completing various educational tasks, including watching videos and taking tests. The platform is a call only at launch, although Anyone can subscribe to the queue. Education content can be accessed freely, regardless of whether or not the user is…

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​Western Union announces its willingness to use digital currency in some cases

​Western Union announces its willingness to use digital currency in some cases

09:51 am 2018-12-20

Westin Union, the United States-based financial service, has announced its willingness to try digital currencies recently, according to a video interview with Reuters Plus, with the company's president. The company is evaluating the use of digital currencies and is exploring how they can improve the delivery of services using Blockchain technology. The company is interested in adopting digital currency as an option for its users, he said, adding that it will give the green light to digital currencies when Linked with the global audience. Almeida also touched on some of the limitations on digital currencies,…

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​France rejects amendments to tax cuts for digital currencies

​France rejects amendments to tax cuts for digital currencies

09:08 am 2018-12-20

France's lower house of parliament rejected amendments to a fiscal bill for 2019 that would ease taxes on digital currencies, according to the monthly French business magazine Capital. Amendments rejected by the National Assembly refer to the Government Finance Bill of 2019. The Parliament rejected four proposals in total, one of which was the distinction between normal currency transactions, occasional transactions and a more relaxed tax regime for the latter. Another amendment was proposed to increase the annual volume of transactions under the tax exemption from € 305 (about $ 350) to € 3,000 ($ 3,430), or…

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​Australia warns digital currency traders not to report earnings

​Australia warns digital currency traders not to report earnings

11:20 am 2018-12-19

The Australian Tax Office (ATO) has issued a warning to traders to ensure that their earnings from digital currencies are reported when their annual returns are reported. ATO, the digital currency trader in Australia, has warned many times in the past but the case has now reached fever pitch. In Western countries, regulatory requirements for digital currencies tend to be very lenient, compared with their Asian counterparts, but times are changing, particularly in Australia. Australia's tax office (ATO), Australia's digital currency traders, has warned that they should announce their profits from digital currencies as tax…

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Japan classifies digital currencies as encrypted assets to prevent confusion with legal tender

Japan classifies digital currencies as encrypted assets to prevent confusion with legal tender

07:56 am 2018-12-19

The Financial Services Agency of Japan (FSA), the digital currency, has been placed in a new legal category called "Encrypted Assets," according to a local English-language media published on December 15, last Saturday. By classifying digital currencies such as Bitcoin (BTC), in this way, it is reported that the government "hopes that traders will not buy it as a legal tender recognized by the government." An advisory committee of Japan's Financial Services Authority (FSA) last Friday submitted a report asking to change the term "virtual currency" and, according to the committee, could confuse people to believe…

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​Blockchain Road New Zealand to promote IT profits

​Blockchain Road New Zealand to promote IT profits

05:33 pm 2018-12-18

Profits from the third largest export sector in New Zealand, which is information technology, can be greatly enhanced through distributed ledger technology. According to a report by the New Zealand Innovation Agency, Callaghan Innovation, there is broad scope for growth in the sector if the country embraces Blockchain technology. Currently, the IT sector in New Zealand generates NZ $ 16 billion a year and employs nearly 100,000 people. Erica Lloyd, a director of Callaghan Innovation, said: "Technology has now become the third largest export sector in New Zealand, with more than $ 16 billion in annual…

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The Central Bank of Egypt is considering launching a digital currency

The Central Bank of Egypt is considering launching a digital currency

09:19 am 2018-12-18

Egypt's central bank is considering introducing a digital currency from the Egyptian pound to cut costs, the English-language newspaper Amwal al-Ghad reported on December 16. "The feasibility studies are still underway," Egyptian central bank governor Ayman Hussein told a conference in Abu Dhabi on Sunday. In line with the various authorities in the vicinity, Egypt believes that the digital version based on Blockchain of paper currency can help maintain the minimum costs of issuance and transaction costs compared to coins and banknotes, as indicated by the newspaper Amwal al-Ghad. This step is one step from a…

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The European Parliament calls for measures to strengthen the adoption of Blockchain in trade

The European Parliament calls for measures to strengthen the adoption of Blockchain in trade

09:23 am 2018-12-17

The European Parliament called on EP to take measures to promote the adoption of Blockchain-based trading platforms throughout the region. The Legislative Council adopted a resolution last Thursday called "Blockchain: Forward-looking Trade Policy", which outlines how emerging technology can improve EU trade policies, including free trade agreements and mutual recognition. The European Parliament explained that Blockchain, can improve the transparency of the supply chain, streamline business processes, reduce costs and corruption, detect tax evasion, improve data security, but cybersecurity remains a major challenge. The resolution went on to explain that, despite previous trade successes, EU…

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