Venezuela Wants to Use Petro to Finance Large Housing Program

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Completing a project to build 3 million homes for its suffering population is the next big initiative Venezuela wants to finance with its digital currency, the petro. The socialist government in Caracas says there is enough money and materials to fulfill the main objective of the “Great Housing Mission.” Also read: Crypto-Friendly Statesman Takes Over Swiss…

The Biggest Problem for ICOs? In 2018, It Was Their Own Investors

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Hashed CEO Simon Seojoon Kim looks at the inherent limitations of ICOs, in particular the belief that “anyone can invest in an initial project.”

Number of Chinese Crypto Lawsuits Doubles in 2018

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According to China Judgements Online, a database of Chinese court documents, half of all lawsuits pertaining to cryptocurrencies were filed last year, highlighting an increase in fraudulent activity despite China’s regulatory crackdown. The database indicates that at least 202 cryptocurrency scams were promoted via more than 3,000 different platforms. Also Read: Indian Central Bank’s Report Shows…

Indian Exchanges End Year With Improved Services, Optimism About Regulation

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As the Indian government deliberates over cryptocurrency regulation, positive sentiment grows among local crypto exchanges regarding their government’s eventual decision. A number of them have also added new features and improved services such as offering interest on crypto deposits, increased liquidity, and better security. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive…

Indian Crypto Exchange Sees Record Trading Volumes Amid Regulatory Uncertainty

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Despite regulatory uncertainty and banking restriction imposed by the country’s central bank, an Indian cryptocurrency exchange is seeing record trading volumes every month. The CEO of Wazirx told news.Bitcoin.com that the recent uptick in crypto prices has prompted a lot of Indians to start trading again. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive…

Canadian Crypto Exchange Coinsquare Now in 25 European Countries

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One of Canada’s largest cryptocurrency exchanges, Coinsquare, has officially launched in 25 European countries. A Coinsquare spokesperson has shared some details with news.Bitcoin.com. Users in Europe now have access to all major services the exchange offers, including all supported cryptocurrencies. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Coinsquare in 25…

France Rejects Cryptocurrency-Friendly Tax Amendments

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France’s National Assembly has rejected a number of tax amendments aimed at lowering taxes for cryptocurrency traders and users. Among rejected amendments are those concerning capital gains and losses and crypto tax exemptions. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Crypto Amendments Rejected The French National Assembly rejected a number of…

Free Speech Social Network Gab Starts Accepting BTC

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Gab, a social network dedicated to preserving freedom of speech, has announced that its store now accepts BTC directly after banks and payment processors denied the platform service. “Literally no one can no-platform our new crypto shop,” Gab announced. The platform integrated Btcpay Server after it was refused service by Coinbase and Bitpay. Also read: Indian…

Japan’s Monex Group Launching Crypto Exchange in the US

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Monex Group, a major Japanese financial services company and the parent company of cryptocurrency exchange Coincheck, has unveiled its plan to launch a crypto exchange in the U.S. next quarter. The company has also shared its expansion plans for Coincheck in Japan. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations U.S. Expansion…