Being harassed by /r/bitcoin moderators (in particular /r/bashco) : btc

So being harrassed by /r/bitcoin mod /u/bashco is considered acceptable user policy now or is /r/bitcoin just exempt from these types of rules? As I have been unjustly banned from /r/bitcoin I still visit it from time to time and in one particular thread I downvoted /u/bashco‘s ridiculous comments and upvoted others, along with actually […]

Russia: Income Tax for Miners and Cryptocurrency Owners Still in Sight

Miners and holders of Bitcoin and other cryptocurrencies in Russia will be regulated under existing provisions of the existing Tax Code with no separate taxation schemes included. According to Anatoly Aksakov, the Chairman of the Russian State Duma Committee on Financial Markets, the lawmakers are looking to pass the bill on digital financial assets, or […]

Mastercard Patents a Method to Manage Cryptocurrency “Fractional Reserves”

Technology Mastercard has patented a method to manage cryptocurrency “fractional reserves”. The big idea behind it seems to be that users will be able to pay with fiat on credit cards partly backed by crypto assets using a centralized system offering faster transaction conformation speeds. Also Read: IBM Backs the Development of Latest New Stablecoin, […]

Coinbase Gets Regulatory Approval to List Coins Deemed Securities

Leading cryptocurrency exchange and wallet service provider Coinbase has received approval from the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) to list digital coins considered to be securities, Bloomberg reported Monday, July 16. According to a Coinbase representative, the SEC and FINRA have authorized the company to acquire security […]

Iran Considers Using Cryptocurrencies to Evade US Sanctions

Economy & Regulation Iran may employ cryptocurrencies as part of its efforts to circumvent the upcoming US sanctions, according to a high-ranking Iranian lawmaker who said the matter will be discussed in parliament soon. The Iranian MP also believes that digital money can help with overcoming the hegemony of the US dollar.    Also read: […]

Exclusive: RSK Labs CEO Diego Gutiérrez Zaldívar on Bitcoin Smart Contracts Sidechain and Crypto Industry Challenges

Formerly known as Rootstock, RSK Labs is an Argentinian startup building the first open-source smart contract platform with a 2-way peg to Bitcoin that also rewards the miners through merge-mining. The company says its goal is to add value and functionality to the Bitcoin ecosystem by enabling Ethereum-like smart-contracts, near instant payments and higher-scalability, and […]

Russia Now Has a Registry of Whitelisted Crypto Companies

Services The Russian Association of Cryptocurrencies and Blockchain has created a registry of whitelisted companies that offer crypto-related products or services. Meanwhile, the bill to regulate cryptocurrencies in Russia has been delayed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Whitelist of Crypto Firms The Russian Association of Cryptocurrencies and Blockchain (RACIB) has created […]

PayPal announced partnerships with BitPay, Coinbase and GoCoin. : btc

Though the online e-commerce pioneer stopped short of integrating bitcoin into its digital wallet or payment processing services directly, the move marks PayPal’s first formal offering to the bitcoin community. In a blog post penned by senior director of corporate strategy Scott Ellison, PayPal revealed that online merchants will now be able to accept bitcoin […]