crypto assets

Chinese Government-Backed Institute Releases New Ranking of 37 Crypto Projects

</header> <strong>China’s Center for Information and Industry Development has published its latest crypto project ranking — the first this year. A total of 37 crypto projects, two more than in the previous ranking, were evaluated and ranked overall this month as well as in three separate categories.</strong> Also read: Bitcoin, Tesla Stock, Tron: How Warren …

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Bitcoin Superstar and Bitcoin Era – The Latest Two Faces of the Same Scam

</header> <strong>With the rising price and popularity of bitcoin come numerous scams. Bitcoin Superstar and Bitcoin Era are two investment schemes that have recently gained much attention. News.Bitcoin.com took a look at them, and it did not take much to spot how similar they are to each other and several other well-known scams.</strong> Also read: …

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Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional Investors

</header> <strong>Since the new German crypto regulation went into effect, financial institutions in Germany have been preparing to offer crypto custody services. Among them is Boerse Stuttgart, the country’s second-largest stock exchange. Having obtained a provisional license from BaFin, the regulator in charge of licensing crypto service providers, Boerse Stuttgart is preparing to offer crypto …

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Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash

</header> <strong>In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover China quarantining yuan bills, its central bank filing 84 digital currency patents, …

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84 PBOC Digital Currency Patents Show the Extent of China’s Digital Yuan

</header> <strong>The People’s Bank of China (PBOC) has reportedly filed 84 patents relating to its plans to launch a digital currency. The patents reveal the central bank’s plans which include integrating digital currency wallets into existing retail bank accounts. The potential for the Chinese central bank digital currency to achieve scale from the get-go has …

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Trump Views Crypto a Threat, Proposes Countermeasures in New Budget

</header> <strong>The White House released the Budget of the U.S. Government on Monday, outlining some proposals to increase cryptocurrency oversight which President Donald Trump views as priorities. The budget proposes giving the Treasury more power over crypto and requests funding for FinCEN to expand its efforts to combat threats including from cryptocurrency.</strong> Also read: Bitcoin, …

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Brussels Asks Europeans How to Regulate Bitcoin, Public Consultation Continues Into March

</header> <strong>The European Commission is gathering feedback from EU citizens, businesses, regulators and other interested parties to establish a regulatory framework for crypto assets and markets on a European level. The public consultation which started in December will continue until March 19, 2020, with the finalized proposal expected in the third quarter. </strong> Also read: …

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Hong Kong Crypto Exchange Bitspark Shuts Down Amid Coronavirus Outbreak and Protests

</header> <strong>Crypto exchange service provider Bitspark is shutting down next month despite reporting exponential growth following the launch of its cash point product. The CEO of the company explained that its internal restructuring has not worked out but insisted that the ongoing protests in Hong Kong and coronavirus outbreak have not affected his platform much.</strong> …

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Indian State Government’s ‘Blockchain District’ Now Has a Dedicated Accelerator for Blockchain Startups

</header> <strong>The Indian state of Telangana has launched a blockchain accelerator in its recently created Blockchain District, in collaboration with Tech Mahindra. Selected startups will pitch innovative ideas and get mentored by experts from the Telangana government, Tech Mahindra, the Ministry of Electronics and Information Technology’s Centre for Development of Advanced Computing, and IIIT Hyderabad.</strong> …

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Coronavirus Outbreak Forces Chinese Crypto ASIC Manufacturers to Delay Orders

</header> <strong>Bitcoin mining rig deliveries from China are delayed due to the coronavirus according to a few Chinese manufacturers. Microbt and Ebang sent notices to customers via the firm’s Wechat channels. Sources say Bitmain and Innosilicon are delaying mining device shipments as well.</strong> Also read: How to Obscure Bitcoin Cash Transaction Data by Leveraging Cashfusion …

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