Europe is about to take a major step towards “Sinification” by introducing total control over the cryptocurrency operations of its citizens. European regulators decided that they had found a way of denying anonymity to any cryptocurrency dealings. Ever since the first real crypto boom in 2017, European financial regulators have taken an ambivalent position regarding…
Don’t get the rug pulled out from under you, warns Oscar Gonzalez on CNET. Crypto pump-and-dump schemes are designed to take advantage of people while making some big money for scammers. They generally involve influencers who receive financial incentives for telling people to buy a certain digital coin in order to raise its value. Once…
Shopify Inc., a major e-commerce merchant partner, is making it easier for companies to sell NFTs. Shopify’s president shared the company’s plans to help its merchants sell NFTs. “If you’ve spent 1 minute on the internet this year, you’ve seen a lot about NFTs,” posted on Twitter Shopify President Harvey Finkelstein. “Shopify we are making…
This is more of an assumption, but the progression of events, the documents being adopted, and the author’s own information sources all indicate that the state digital currency of the Union State of Russia and Belarus could arrive completely out of the blue. The dramatic events unfolding in Belarus since August of last year are…
Bitcoin has proven to be resilient even against such a strong shock as mining restrictions in China. Regions that offer the necessary infrastructure and easy regulations for transferring miners will gain the biggest benefit. The Cambridge Centre for Alternative Finance, a creator of the Cambridge Bitcoin Electricity Consumption Index (CBECI), estimates that China shared 46%…
Launched in May of 2016, BitcoinIRA is offering investors the tax advantage of an IRA in return for a high-risk but high-reward alternative asset class. The company already has above 100,000 account holders, including clients starting the age of 18. BitcoinIRA launched in May of 2016, offering investors the advantage of a tax-free, self-directed Individual…