G20 Policymakers to Discuss Regulations Proposed by Crypto Industry

As world leaders start arriving for the G20 summit in Osaka, Japan, policymakers and crypto industry representatives are convening at another summit to discuss the implications of proposed global standards for crypto assets and service providers, as well as solutions that will minimize unintended consequences of implementing these standards. Also read: FATF Releases Global Standards for Crypto Assets Policymakers Meet Crypto Industry World leaders and policymakers are gearing up for the G20 summit in Osaka, Japan, which will take place on June 28 and 29. Concurrent to this event, another…

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Node40 Executive Explains What to Expect When the IRS Issues Its New Crypto Policy

Last May, the U.S. Internal Revenue Service (IRS) revealed it would be issuing new tax guidance and rules about the tax treatment of digital assets and forks. IRS Commissioner Charles Rettig told congressional leaders that the agency has made it a priority to issue crypto-related tax guidance. This week, news.Bitcoin.com spoke with Sean Ryan, CTO of Node40, a platform that helps people calculate digital currency-based taxes. He believes that the issuance of new crypto tax guidance is “long overdue.” Also Read: Markets Update: Cryptocurrency Prices Continue to Accelerate What to…

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Market Rebound Boosts Adoption of Cryptocurrencies for Payments

The use of digital assets to make payments is growing, according to a recently published study. It reveals that cryptocurrency’s role as a viable means of payment has been expanding and this year’s market rebound has increased the turnover of crypto payments. The report suggests that debit cards linked to digital currency wallets will remain an important tool until wider adoption of direct cryptocurrency payments. Also read: BCH Can Be the Global Coin for Daily Spending, Says Italian Crypto Executive Crypto Payments Industry Expands With Growing Markets The study highlights…

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Markets Update: Cryptocurrency Prices Continue to Accelerate

Digital asset markets have been on a tear lately, gaining $68 billion in five days. Currently, there’s over $100 billion in global trade volumes and crypto bulls don’t seem to be letting up any time soon. Also Read: How to Find a Bitcoin Cash Meetup Near You The Cryptoconomy Captures $368 Billion Cryptocurrency markets have seen incredible gains over the last few weeks and between a few small corrections, prices continue to rise. The price of bitcoin core (BTC) has reached a 17-month high and has gathered a market valuation…

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How to Cold Store Your Cryptocurrency for Safekeeping

If you’re new to the crypto scene you might have heard about people moving their assets into cold storage or cold wallets but were unsure exactly what this entails. Simply put, it means storing your crypto offline to reduce access to hackers. Here’s how you can easily freeze your coins for safekeeping. Also Read: How to Find a Bitcoin Cash Meetup Near You Simple Hardware Solutions To move your assets into cold storage using a hardware solution, the easiest way is just to keep the private key to your digital…

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Tony Hawk Foundation Added to Bitpay’s 100 Crypto Supporting Nonprofits

On June 24, well known nonprofit the Tony Hawk Foundation revealed it is now accepting cryptocurrencies for donations through Bitpay. The foundation founded by the pro skater Tony Hawk has funded 623 skatepark projects and now people can donate with BCH and BTC. With the latest collaboration, Bitpay now services over 100 nonprofit organizations processing $37 million in donations over the last three years. Also read: BCH Development Fund Doubles Its Goal After a Successful Month Tony Hawk Foundation Now Supports Crypto Payments Tony Hawk is one of the most…

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New Crypto Guidelines From FATF Have Far-Reaching Implications

The FATF (Financial Action Task Force) has revealed updated guidelines that would require cryptocurrency and digital asset exchanges—and potentially independent business owners and crypto holders—to share sensitive customer information as VASPs (Virtual Asset Service Providers), compromising user privacy and restricting crypto market access. Also read: BCH Development Fund Doubles Its Goal After a Successful Month The Incoming Deluge Regulations have value. In a private business they are boundaries and expectations set by the owner, and adhered to voluntarily by those that utilize their service. Management-imposed regulations in a private brokerage…

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48 Cryptocurrency Exchanges Now Approved in the Philippines

The number of approved cryptocurrency exchanges has been growing in the Philippines. In addition to 11 operators registered by the central bank, the Bangko Sentral ng Pilipinas, there are 37 other crypto exchange operators licensed by the government-owned Cagayan Economic Zone Authority. Also read: FATF Releases Global Standards for Crypto Assets 11 Crypto Exchanges Registered by Central Bank The Bangko Sentral ng Pilipinas (BSP) has registered 11 cryptocurrency exchanges, allowing them to operate in the country, according to the most recent list of Remittance and Transfer Companies with Money Changing…

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Bexplus BTC Futures Trading – The Best Way to Become Rich in 2019

[ad_1] After nearly 18-month “Crypto Winter”, bitcoin price set a new 2019 high at around $9,400, then, started a downside correction against the US Dollar. Though BTC/USDT pair broke the $9,300 and $9,200 support levels early this week, the downward movement was limited and the price formed a swing low near $9,000 mark. BTC price is currently surging higher and is trading above $9,700. If there is an upside break above $9,800 mark, the price could continue the upward movement in the near term, breaking the $10,000 resistance level. As…

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New Betting Game Allows People to Wager on BTC’s Next Block Fee

Bitcoin core (BTC) prices have been rising sharply over the last few weeks and people have also noticed BTC transaction fees have spiked as well. Now there’s a new gaming site called Guess Bitcoinfees allowing people to bet on the 24-hour average transaction fee for the next day and the site pays out jackpots in bitcoin cash. Also read: North Queensland’s Bitcoin Cash City Is Hosting a BCH-Focused Conference You Can Now Bet on Guessing BTC’s 24-Hour Average Transaction Fee and Win Bitcoin Cash At the time of writing, the…

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