Cryptocurrencies such as Bitcoin, Ethereum, and others became more popular thanks to their decentralized nature. They offer a number of advantages to crypto owners. However, there are some problems as well. One of the main problems relates to crypto ransoms. Recently, hackers compromised five U.S. law firms. Such cases create bad publicity for the crypto-related …
It is not a secret that cryptocurrencies are harder to track than fiat currencies. This one of the primary reasons why such currencies became popular around the world. However, this emerging technology is also used for various illegal activities. Consequently, authorities are trying to identify such individuals and organizations to limit such activities. There is …
U.S. sanctions caused severe financial problems for Iran. In the last two years as a result of sanctions, the Iranian economy declined by 10-20%. The country is trying to evade the U.S., and it is not an easy task for several reasons. However, Iran started to use cryptocurrencies to minimize the damage caused by the …
Cryptocurrencies such as Bitcoin, Ethereum, and others are popular for several factors. However, due to their decentralized nature, it is easier to use cryptocurrencies for illegal activities. Governments are trying to tackle these problems by introducing anti-money laundering regulations for crypto-related companies. Singapore became another country which decided to comply with FATF recommendations. The latest …
The 2019 tax season in the U.S. starts on Monday. As a result, taxpayers will have to provide information about their assets, including cryptocurrencies. People should disclose information about any cryptocurrency transactions in 2019. It is a very important moment for the taxpayers, as they should be careful when it comes to reporting their crypto …
Cryptocurrencies such as Bitcoin, Ethereum, and others offer several advantages in comparison with fiat currencies. One of the main differences is that central banks are not controlling the crypto money. There are some problems as well. Two days ago, the House Financial Services Committee (FSC) discussed some of those issues. The FSC subcommittee hearing was …
Financial Services Committee and Cryptocurrencies Read More »
Ethereum is the second-largest cryptocurrency in terms of market capitalization after Bitcoin. Ethereum had a solid year, despite the problems connected with its price. However, there is a chance that Ethereum’s price will increase in 2020. It is worth mentioning that Ethereum’s ecosystem continued to expand in 2019. Last year, 4 million new active addresses …
At the beginning of 2020, it is the best time to take a look at the crypto projects which impressed the crypto market. There are many interesting projects, but this time let’s focus on five crypto projects. It is no easy task to pick the best of the best. However, it is worth trying to …
This year will be remembered as a tough year for cryptocurrencies and crypto-related companies. Cryptocurrencies are becoming more popular around the world. This trend will continue in 2020 despite all of the challenges. Recently, Google started to remove crypto videos from YouTube. This decision complicated the relationship between the tech giant and the crypto community, …
Crypto-related companies are evolving around the globe. There are many cryptocurrency exchanges as well as crypto mining and other companies. Nevertheless, banks are still skeptical about crypto-related business activities. Moreover, several financial institutions already issued statements regarding crypto purchases. The clients of these banks won’t be able to purchase digital assets using credit or debit cards. …
Crypto-related companies and financial institutions Read More »
The Hong-Kong based cryptocurrency exchange Bitfinex enabled crypto purchases with debit and credit cards for its customers around the world. It followed the footsteps of other crypto exchanges such as Binance, which is one of the main players in this industry. Bitfinex released a statement regarding this news. According to the statement, customers will be …
Cryptocurrencies offer a number of advantages in comparison with fiat currencies. One of the most important is that crypto money is not under the control of any central bank in the world. This and other factors made cryptocurrencies popular around the globe. One politician from Russia and his non-governmental organization benefited from this industry. …
There are a lot of cryptocurrencies around the world. However, Bitcoin is the biggest cryptocurrency when it comes to market capitalization. Recently, Bitcoin’s price broke the resistance levels above $6,800 and $7,000. Moreover, Bitcoin reached a new weekly high near the $7,487. However, it was unable to hold the momentum, and the price started a …
Croatia is a country in Europe located in the central and southeast part of the region. The country which is home to more than 4 million people joined the European Union in 2013. Last week, local postal services provided made an announcement connected with the crypto market. Croatian Post is the biggest provider of postal …
Two days ago, on Wednesday, Croatian Post made an announcement that would please cryptocurrency owners. According to this announcement, the customers of Croatian Post can exchange five cryptocurrencies for Croatian kuna at the post offices around the country. Currently, it is possible to exchange five cryptocurrencies: Bitcoin core, Ether, Stellar, XPR, and EOS. Croatian Post …
WhoIs Best Broker is leading Forex and Economy news Website. We provide you with the latest news and videos straight from the Financial Industry..
