Malta Strengthens Regulatory Framework by Approving Three New Cryptocurrency Bills
While many governments are advising their citizens to stay away from cryptocurrencies and have banned transactions in them, at least one small nation has taken huge steps to encourage and regulate cryptocurrencies and more importantly, blockchain technology. Malta, the island nation, has three pieces of legislation ready to do so. The bills have been approved by the country’s cabinet in the last week of April. These bills will now be...
Big Crypto Startups Shapeshift and BlockStack Offer a $50K Bounty for their Crypto Wallet App
There are plenty of bounties offered to those who can spot bugs in new software programs. But this time, any developer that can come up with a decentralized and independent crypto wallet app can walk away with $50,000. The bounty reward program has been announced by Blockstack and Shapeshift, two startups in the cryptocurrency ecosystem. Conditions Clearly Spelt Out It’s worth noting that the bounty reward program comes with a lot of...
Cryptocurrency Market Cap Would Touch $40 Trillion in Future, Says CEO of Pantera Capital
If you have already taken a long position on Bitcoin or any of the other cryptocurrencies, this news must come as music to your ears: Notwithstanding the current valuation of the digital currencies, one prominent investment advisor believes there is a bright future for these virtual assets. This is coming from Dan Morehead, the founder and CEO of Pantera Capital, which has funds worth around $1 billion under management; around 10...
Ukraine’s New Political Party Vows to Use Only Cryptos for Funding
In many countries, novelty is often used as a policy to attract the attention of the voting public. The latest to join this trend is a new political outfit in Ukraine. Calling itself the “Democratic Horde,” this new party has said it will run its political campaign purely on cryptocurrency funding. It is not uncommon for political parties to accept contributions from businesses and corporate entities which might turnout to be a quid...
Bitcoin Price May Shoot Up Anytime With Less Than 4 Million Coins Available for Mining
The flow of conflicting opinions on the future of Bitcoin does not seem to be drying up. Though many of these assessments have been based on just gut feeling or even wishful thinking, one new report claims the BTC prices may actually shoot up in the coming months. The logic behind this prediction is that there are only 4 million coins that could be possibly mined out of the 21 million. The Prediction Explained The source making this...
Changes Proposed in Arizona Senate Bill on Crypto Transaction Taxes
While some pundits in the U.S. may be still skeptical about the future of cryptocurrencies, there is at least one state that wants to push ahead to make tax payments using Bitcoin (or similar tender) acceptable and welcome. Arizona’s Senate had already passed a bill in February to accept cryptocurrencies for tax payments to the government. The bill is now being reworked and may be presented to the Senate with certain modifications. If...
