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Japan’s Nomura Research Institute Considers Introducing a New Cryptocurrency Index

Cryptocurrency investment solution provider Intelligence Unit (IU) announced a partnership with Japanese-based consulting company Nomura Research Institute (NRI) to introduce a new cryptocurrency index, popularly known as IU/NRI Crypto-Asset Index.  The new cryptocurrency index offers an investment solution for financial institutions in Japan as well as global investors. The index will be drawing data from … Continue reading Japan’s Nomura Research Institute Considers Introducing a New Cryptocurrency Index

Iranian General Pushes for Crypto Use to Evade US Sanctions and After Being Blacklisted by the FATF

Saeed Muhammad, a commander of the Islamic Revolutionary Guard Corps’ “Army of Guardians of the Islamic Revolution,” called for Iran to use cryptocurrencies to bypass sanctions imposed on his country by the United States.  The sanctions imposed by the Trump administration and the withdrawal of the US from the Joint Comprehensive Plan of Action in … Continue reading Iranian General Pushes for Crypto Use to Evade US Sanctions and After Being Blacklisted by the FATF

Digital Currency: Trust in Government or Elegy for Privacy?

Do we need another payment instrument – a digital currency, specifically the ones issued by the countries’ central banks? Source: wexinc.com Payment systems have evolved from the barter system to cryptocurrencies. Today countries including Japan and Germany have high cash flow. But physical money is moving into oblivion in countries like Sweden. Meanwhile, advances in … Continue reading Digital Currency: Trust in Government or Elegy for Privacy?

US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes

In an effort to combat North Korea’s rampant crypto-dependent and money generating cyber crime campaign, the United States government published a list outlining the sanctioned state’s attacks dating back to 2017—as well as guidance on countermeasures. The new warning released on April 15 by the US Treasury, Homeland Security, and the FBI advocated that it was … Continue reading US Intelligence Reveals Extent of North Korea’s “Hidden Cobra” Crypto-Dependent Cyber Crimes

Is Ethereum 2.0 Ready For the Bull Run?

The initial stage of Ethereum 2.0 is set to start in a few months, with many experts arguing that it may be the catalyst for a huge industry bull run. Adam Cochran, a partner at MetaCartel Ventures DAO, released a blog which outlined why he believes Ethereum 2.0 “could prove to be the largest economic shift … Continue reading Is Ethereum 2.0 Ready For the Bull Run?

Coinbase CEO Avoids Mainstream Media, Prefers YouTube, Podcasts and Blogs

Brian Armstrong the Coinbase CEO, has joined the list of cryptocurrency executives who prefer to leverage their own blogs and platforms to distribute information to the media, as opposed to direct contact with any journalists. Coinbase CEO, Brian Armstrong noted in a tweet that company leaders seem increasingly unwilling to engage with the mainstream media … Continue reading Coinbase CEO Avoids Mainstream Media, Prefers YouTube, Podcasts and Blogs

Argentina Orders Stricter Monitoring on Local Crypto Transactions Amid Battling the Flight of Devalued Pesos

Argentina’s Financial Information Unit (FIU) has ordered stricter controls and monitoring into cryptocurrency transactions in the country to eradicate money laundering and other illicit activities.  Argentine newspaper El Cronista reported that the FIU, a government agency that is responsible for enforcing anti-money laundering laws and compliance, is looking to tighten its controls on cryptocurrency trading.  … Continue reading Argentina Orders Stricter Monitoring on Local Crypto Transactions Amid Battling the Flight of Devalued Pesos

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

Venezuela is moving on a mandate that could see taxes being collected using its state-issued cryptocurrency—the oil-backed Petro. The effort is part of a nation-wide campaign to create mainstream use cases for Venezuela’s cryptocurrency. In Venezuela, the Bolivarian Council of Mayors has signed off on the “National Tax Harmonization Agreement” which is a campaign to … Continue reading Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

NSA Whistleblower Edward Snowden Might Return to US as President Trump Considers Pardon

US President Donald Trump is considering an executive pardon for NSA whistleblower Edward Snowden after 7 years of exile in Russia. Snowden has been an advocate of Bitcoin for some time and most of the servers he used to leak the sensitive information were paid for in Bitcoin. United States President Donald Trump said during … Continue reading NSA Whistleblower Edward Snowden Might Return to US as President Trump Considers Pardon

Chainalysis Research: Crypto Assets Worth $50 Billion Exited China in 2019

Blockchain analysis company Chainalysis has disclosed that cryptocurrency assets valued at nearly $50 billion left China in 2019. The exit of wealth via crypto shows the likelihood of investors evading capital transfer restrictions in China, according to Bloomberg. Annual limit of $50,000 China has stringent rules as its citizens are only permitted to transfer about … Continue reading Chainalysis Research: Crypto Assets Worth $50 Billion Exited China in 2019

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