Press "Enter" to skip to content

Israeli Court Rules Bitcoin Is an Asset

An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled…

Why We Should Never Hope For A Central Bank Of Bitcoin

Bitcoin economist, Tuur Demeester, explains why the idea of a ‘Central Bank’ of Bitcoin would create more problems than it would solve.   Bitcoin Exchanges Similar To Early US Banking System In the wake of the Binance hack and Bitfinex/Tether debacle, are crypto exchanges becoming…

3 Reasons Why Trump is (Unknowingly) Bitcoin’s Biggest Champion

Trump and other world leaders have been named and shamed in the recent Fitch ratings report. Slowing global economic growth coupled with governments’ relentless interventions are eroding central banks’ independence around the world. 1. Trump Makes the Fed Look Stupidly Un-Independent Ever since his presidency…

Philippines Now Has 10 Approved Cryptocurrency Exchanges

The Philippines is catching up to Japan with a growing number of approved cryptocurrency exchanges. The central bank has green-lighted 10 crypto exchanges so far. Meanwhile, one of the country’s largest banks now has a bitcoin ATM at one of its main branches. In addition,…

Thai, Myanmar Central Bank Governors Endorse Blockchain Remittance Service

Veerathai Santiprabhob, the Central bank governor of Thailand, reportedly defined the Ethereum-based remittance system as an important step. The governors of two central banks endorsed the Ethereum (ETH)-based remittance system developed by blockchain company Everex, the firm reported in a press release shared with Cointelegraph…

Central Bank of Korea Includes Research on CBDCs in Annual Report

South Korea’s central bank mentions CBDCs in its annual payment settlement report and announces a blockchain trial later in 2019. South Korea’s central bank has included a summary of research on central bank digital currencies (CBDC) in its 2018 annual payment settlement report issued Tuesday,…

PwC Partner: Central Banks Should Leave Cryptocurrency to Corporations

The contention between the industry of cryptocurrency and banking institutions may have been furthered by an unlikely third party, with an even more unsuspecting alternative proposed as a substitute. According to Pauline Adam Kalfon, a financial partner at PwC France, Central Banks should leave cryptocurrencies…