In a surprising twist to an ongoing saga, Tether, it seems, has resumed issuing tokens. This comes after a two-month hiatus in which it was issued a subpoena by the U.S. Commodity Futures Trading Commission (CFTC). The subpoena which was issued to both Tether and Bitfinex was sent in December 2017 but was …
Read More »Cryptocurrency Traders Have a Host of Serious Tools to Use
Evolving from HODL and BTFD, enthusiasts of the cryptocurrency world have moved on to learn better money management strategies and acquired trading tools to make the most of their investment. New developments aim to serve traders by helping them make more informed decisions based on more datasets. Traditional Trading Tools …
Read More »Bitcoin Will Be World’s ‘Single Currency’ Says Twitter CEO
Jack Dorsey, chief executive of Twitter and payment company Square, has spoken of his strong belief in the future potential of bitcoin. In an interview with The Times published Wednesday, Dorsey, himself a noted bitcoin investor, said he believes the cryptocurrency will take over the U.S. dollar’s dominant place in world finance …
Read More »FBI, Justice Department Want Case Against Alleged ICO Fraudster To Move Forward
Legal wrangling continues in the U.S. related to a first-of-its-kind action taken by the U.S. Securities and Exchange Commission regarding ICOs. Last fall, it filed a civil complaint against the organizer of the REcoin Group Foundation and DRC World ICOs with defrauding investors and violating U.S. federal securities laws. The …
Read More »OECD to G20: Crypto Tax Policies Need Global Clarity
The Organization for Economic Co-operation and Development (OECD), a global intergovernmental body, has called for agreement on new frameworks for the taxation of emerging technologies such as cryptocurrency. In a report sent to financial ministers and central bank regulators of the G20 member countries on Tuesday, the OECD said it is looking to develop …
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