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Ormeus Coin: Siblings Face Over $124 Million Digital Currency Fraud Charges

In the US, federal agencies are suing two siblings for allegedly defrauding thousands of investors through a Ponzi scheme billed as a digital currency scheme and block reward mining venture.…

US Treasury adds digital currency rules to Russia sanctions guidelines

No one knows if Russian President Vladimir Putin anticipated the severity of the sanctions his country would face when it decided to invade Ukraine. Nevertheless, they are now a reality,…

Islamic Scholar Says Digital Currency Isn’t ‘Fictional Currency’ CryptoGlobe

An Islamic scholar, Irshad Ahmad Ijaz, claimed that digital currency is not fake money and should be legitimized once certain conditions are met. Ijaz’s view is echoed by other scholars…

Islamic law experts vouch for digital currency

CARACHI: Digital currency is not fictional currency. It is a reality, a prominent scholar of Islamic law Mufti Irshad Ahmad Ijaz said during a seminar on “Technical and Sharia state…

Why Bitcoin Can’t Help Canadian Truck Driver Protesters

Canadian Prime Minister Justin Trudeau recently signed into law the Emergencies Act, aimed at freezing the bank accounts of protesting truckers and those who donated to them. But Trudeau wants…

UAE licenses digital currency firms as local market soars 1,500%

In the race to become the blockchain hub in the Middle East, the United Arab Emirates (UAE) is preparing regulations for Virtual Asset Service Providers (VASPs). According to sources in…

NYSE patent filings show stock exchange plans to become digital currency, NFT market

The world’s largest stock trading platform plans to become a digital currency and non-fungible token (NFT) marketplace. The New York Stock Exchange (NYSE) has filed a number of patents that…

US Treasury: Digital currency miners, stakers and coders will not be considered brokers

Nerves are on edge in the digital currency space since US President Joe Biden’s infrastructure bill proposed new reporting requirements and taxes on ‘brokers’ within the ‘industry. Biden’s bill left…

Humans Are the Last Mile Problem in Bitcoin Crowdfunding for Truck Protest in Canada

Bitcoin has come a long way since its pseudonymous founder warned against people sending the fledgling digital currency to notorious data leaker WikiLeaks. “WikiLeaks kicked the hornet’s nest and the…

The Michael Sisco Show: The plan to destroy digital currency explained by Kurt Wuckert Jr.

It’s always great to hear from Chief Bitcoin Historian Kurt Wuckert Jr., a champion advocate of the original vision of Bitcoin and Satoshi Nakamoto. Wuckert recently joined The Michael Sisco…

Bitcoin heaven? A Briton creates a “crypto utopia” in the South Pacific | Cryptocurrencies

For the past 12 years, Anthony Welch and his companion Theresa have lived a life of Robinson Crusoe alone on a South Pacific island virtually untouched by mankind. Welch, a…

North Korea relies on digital currency hacks to expand nuclear programs, UN says

North Korea has expanded its nuclear and missile programs over the past year, relying heavily on digital currencies to fund them, according to the United Nations. In its latest report,…

Jordan Explores CBDC and Legalizes Digital Currency Trading in Future: Report

Jordan has become the latest country to declare interest in developing a central bank digital currency (CBDC). The country’s central bank is said to have explored the feasibility of a…

Thailand removes 15% withholding tax on digital currency

Digital currency traders in Thailand will not have to pay the 15% withholding tax the government plans to impose starting this year. The country’s tax authorities have scrapped the proposed…

Digital currency scam is exploding in Canada, consumer group warns

The digital currency scam is exploding in Canada, a local consumer group has warned. Canadian investors have lost millions of dollars to scammers, according to the Better Business Bureau Serving…

Adrienne Harris, pro-digital currency, confirmed as new head of NYDFS

New York now has a new leader at the helm of its financial services regulator, and it should oversee an era of digital-currency-friendly regulations. Adrienne Harris has been confirmed as…

Robinhood starts offering digital currency wallets

Robinhood (NASDAQ: HOOD), the online trading platform that rose to global fame during the Wall Street Bets saga in 2021, will officially offer digital currency wallets to 1,000 of its…

Learn Bitcoin trading in easy steps and earn some too!

Bitcoin is nothing but the digital form of currency which has a huge market in the current era. Most of the current generation may have heard of cryptocurrency on the…

Monetary Authority of Singapore Bans Digital Currency Ads in Public Places

Singapore has joined the growing list of countries cracking down on digital currency ads. The country’s central bank has banned virtual asset service providers (VASPs) from advertising in public spaces…

North Korean hackers stole $400 million from digital currency platforms: Chainalysis

A new report has revealed that North Korean hackers had another prolific year in 2021 stealing digital currencies across the globe. The Chainalysis report says these hackers launched at least…

Digital currency ATMs used for drugs and human trafficking: GAO

A new report has recommended that the US government strengthen its oversight of digital currency ATMs to curb their alleged growing use in drug and human trafficking activities. The report…

Thailand Tax Agency to Finalize Digital Currency Tax Guidelines in January 2022

Digital currency investors in Thailand will soon have a well-defined tax policy starting this month, the country’s tax authorities have revealed. Thailand’s tax department said it was working on clear…

Melania Trump Hails Bitcoin Despite Donald Saying ‘Very Dangerous’ Crypto Is a ‘Scam’ | World | News

Melania Trump, 51, took to social media to share a celebratory message to the Bitcoin Genesis Block, which celebrated its 13th anniversary on Monday. In a tweet, Mrs. Trump praised…

Kosovo Bans Digital Currency Mining After Winter Power Cuts

Kosovo has banned block reward mining of digital currency due to power shortages as the country grapples with a bitterly cold winter. The country experiences frequent power cuts and reduced…

World’s First Digital Currency: A Complete Overview of Bitcoin

A complete overview of the world’s leading digital currency, Bitcoin! It is still incomplete without BTC regarding conversations about decentralized finance and cryptocurrencies. Bitcoin’s foundation, concept and characteristics are mentioned…

What are the lessons of history for digital currency?

Past experiences suggest that digital currencies – such as Bitcoin, Tether, and Dogecoin – will eventually be regulated or monopolized by central banks. Shortly after the tumultuous events of the…

The Bitcoin network turned 13! – CVBJ

On January 3, it had been 13 years since Satoshi Nakamoto mined the Genesis block from the Bitcoin network and the first 50 BTCs had been mined. A very important…

Melania Trump tweets Bitcoin’s estimated market cap on digital currency 13th anniversary, ‘Happy Birthday Bitcoin’ internet trend

New York, January 4: Former US First Lady Melania Trump took to Twitter and said it was “widely reported that Bitcoin’s market cap exceeds $ 1,000 billion.” Melania Trump also…

A look at the Genesis block and the source code that sparked a financial revolution

13 years ago today, the anonymous creator of the Bitcoin protocol started the network by tapping into the Genesis block. Satoshi started the genesis block on Saturday, January 3, 2009,…

The Bitcoin Network turns 13 and celebrates with a new record hash rate

Monday marks the 13th year since Bitcoin creator Satoshi Nakamoto mined the genesis block, or Block 0, of the Bitcoin network and, for the first time, mined a reward of…

Biggest digital currency hacks in 2021

Many in the digital currency industry like to claim that it will replace the current banking system. “Bringing down the banks” has become a mantra in some sectors of the…

Is Lightning Network’s 433% Capacity Increase Enough to Make Bitcoin Digital Money?

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please review our website policy before making any financial decisions. Bitcoin’s original vision featured a “peer-to-peer electronic…

Thailand postpones digital currency testing to end of 2022

Thailand is set to delay its central bank digital currency (CBDC) test and push it back to the end of 2022, a senior official has revealed. The first phase of…

6 influential digital currency trends that emerged in 2021

The blockchain and digital asset industries are changing rapidly, over the 12 years of Bitcoin’s existence we have seen many influential trends in the blockchain and digital currency space come…

Cryptocurrency taxes and regulations: this is what Argentina and the world are trying

It’s been over a decade since Satoshi Nakamoto created the queen of cryptocurrencies, Bitcoin. More than ten years in which more and more cryptocurrencies were appearing (there are thousands of…

The idea and a brief history of cryptocurrencies | The Guardian Nigeria News

Cryptocurrencies are a type of decentralized digital currency that is not controlled by any government. The history of cryptocurrencies dates back to the 1980s, when they were known as cyber…

What is Blockchain and how does the technology that made Bitcoin possible work?

As its English name suggests, the Block chain is a blockchain that is in the world of virtual operations, but it is mostly a Technology for the transfer of digital…

Bank of Russia to allow digital currency investments, but only through foreign companies

Russia has given mixed messages about digital currencies almost every other day, ranging from banning them one day to legalizing them the next. The latest from the Bank of Russia…

Dubai World Trade Center creates regulated digital currency hub

Dubai has taken yet another important step in its bid to become a global digital currency hub. The Dubai World Trade Center (DWTC), an event and exhibition venue, has announced…

Cypriot government to regulate ‘at risk’ digital currency space

Cyprus has joined a growing list of countries seeking to regulate the digital currency industry in the near future. In a report, the country’s finance ministry noted that the sector…

Bank of England warns digital currency growth could pose financial stability risks

The Bank of England (BoE) is concerned about the impact of digital currencies on financial stability as adoption skyrockets. In a recent report, the bank said digital currencies only make…

IRS Updates Digital Currency Question in Tax Form 1040

Digital currency traders in the United States will be required to file tax returns declaring their “earnings” for this year in the not-so-distant future. With the massive bull run that…

South Africa to introduce digital currency regulations in early 2022

South Africa’s main financial watchdog is set to introduce digital currency regulations early next year. The regulator believes that crooks take advantage of vulnerable investors and run away with millions…

Global regulation of digital currency should be “comprehensive, coherent and coordinated”: IMF

The International Monetary Fund (IMF) called for a “comprehensive, coherent and coordinated” approach to global digital currency regulations. Three officials from the World Finance Organization believe that the cross-border and…

Dutch regulator warns against ‘risky’ investments in digital currency

The Dutch financial markets regulator has warned retail investors against investing more than they can afford to lose in digital currencies, which it has described as a risky asset. Noting…

Dr Eva Porras discusses digital currency regulation with Women of BSV

Dr Eva Porras, Honorary Research Fellow at Universidad Rey Juan Carlos and Managing Director of Smart Ledger Services, participated in the Women of BSV interview series. She shed light on…

Self-proclaimed Bitcoin inventor to own cryptocurrency

Wright claims to be the inventor of bitcoin Satoshi Nakamoto, the anonymous computer scientist who invented bitcoin – and therefore is responsible for all of the cryptocurrency and blockchain. In…

Digital Currency Firms Join SEC PAUSE List of Companies Using Fake Information to Attract Investors

The United States Securities and Exchange Commission (SEC) has updated its list of unregistered companies that have used misleading information to solicit investors. Digital currency companies feature high on the…

Bitcoin lawsuit: defendant wins $ 50 billion Bitcoin dispute

NEW YORK – Craig Wright, a computer scientist who claims to be the inventor of Bitcoin, prevailed Monday in a civil lawsuit against the family of a deceased business partner,…

2 best cryptocurrencies to buy now and keep forever

There are over 7,900 cryptocurrencies today, and these digital assets are collectively worth $ 2.7 trillion, skyrocketing over 1,200% since December 2019. To put these gains in context, the S&P…

Thai tourism industry wants to attract digital currency millionaires

Thailand ranks among the top travel destinations in the world, with the number of international arrivals per year to the country continuously increasing to millions, until the COVID-19 pandemic. The…

South Korea defers 20% digital currency tax to 2023

South Korea will postpone its controversial 20% digital currency tax by one year until 2023. The country’s National Assembly has decided to push back the tax after months of fierce…

Guide to cryptocurrencies for the MSME sector

Guide to cryptocurrencies for the MSME sector New Delhi, Dec 3 (KNN) In March 2020, the Supreme Court overturned the RBI circular banning cryptocurrencies. Almost after a year in February…

Janet Yellen from Treasury clarifies FATF digital currency guidelines

In November, the Financial Action Task Force (FATF) finalized its guidelines on digital currency. He called on governments to hold DeFi operators accountable for any violation of AML regulations, making…

Banque de France: regulation on digital currency more urgent than the CBDC

The Banque de France is among the leading central banks in the world to study the feasibility of a central bank digital currency (CBDC) as one of the main players…

Cryptocurrencies go to college, will we all be in school?

At the end of October, it was learned that the Aresty Institute of Executive Education at the Wharton School at the University of Pennsylvania would be launching an online program…

UK digital currency exchanges face ‘unfair’ 2% tax on digital services

Digital currency exchanges in the UK will now be subject to a 2% digital services tax. The UK tax agency has claimed that since digital currencies are not currencies or…

Cypherpunks: Anarchists and Utopians Behind Cryptocurrencies

In September 2021, El Salvador became the first state in the world to recognize Bitcoin as legal tender. The oldest and most well-known cryptocurrency still has a long way to…

FCA to spend $ 670,000 on digital currency training and forensics

The UK’s financial regulator wants better oversight of the digital currency industry. The Financial Conduct Authority (FCA) has launched an offer for a company capable of providing blockchain data analysis…

Who maintains the Bitcoin network? | The Guardian Nigeria News

You already know that governments and central banks control fiat money. But Bitcoin is decentralized, which means that no central authority regulates or controls it. However, the Bitcoin network requires…

Digital Currency Exchanges In India Could Be Classified As Ecommerce Platforms

The Indian government plans to classify digital currency exchanges as e-commerce platforms and will also impose a 1% tax deduction under the Goods and Services Tax (GST) regime, the agency…

California promoter accused of fraud over $ 5 million of digital currency scams

US authorities have filed a complaint against the alleged orchestrator of five digital currency scams that earn him $ 5 million. Ryan Ginster is accused of breaking securities law by…

Digital currency hackers camp in popular Russian skyscraper: report

As the digital currency industry grows in popularity, there are more and more concerns about the security of investing in the industry. Cybercrime is undoubtedly at the epicenter of these…

US Department of Justice Hires New Director of Digital Currency Enforcement

The US Department of Justice is preparing to hire a new director for its digital currency enforcement unit, as part of its efforts to prevent the use of digital currency…

Australia’s digital currency industry keen on regulation, senator says

Digital currency companies in Australia are keen to adopt regulations, according to Senator Andrew Bragg who also revealed that there will be strong regulations for the sector over the next…

India’s digital currency law expected in February 2022 budget: officials

India’s long-awaited digital currency law could finally be announced in the next budget in February 2022, ending long-standing discussions on how digital currency activities should be regulated in the country.…

How the Bitcoin network went from $ 0 to $ 1,000 billion

The Bitcoin community celebrated on the 13the a year since Satoshi Nakamoto published the white paper that will give birth to the first decentralized monetary network with its own native…

Binance Suspends Digital Currency Withdrawals: What’s Happening?

A few days ago, CoinGeek reported how the Coinbase cryptocurrency exchange went offline during another market downturn. Binance twice suspended all digital currency withdrawals on Monday, citing a backlog as…

The Bitcoin White Paper was released 13 years ago

The research paper detailing the engineering and design requirements to bring the first distributed and uncensored electronic money system to life was published 13 years ago. The Bitcoin whitepaper made…

FDIC joins ‘crypto sprint’ as it targets digital currency regulation

One of the agencies overseeing the US banking industry has set itself the goal of regulating digital currencies. The Federal Deposit Insurance Corporation (FDIC) is working with the Federal Reserve…

Why the Bitcoin network is an original DAO

Decentralized Autonomous Organizations (DAOs) have long captured the public imagination as one of the primary use cases for blockchain technology. Defined as organizations and groups that do not function in…

Why the Bitcoin network is the original DAO

The creation of the Bitcoin network gave the realization of the first peer-to-peer consensus mechanism on which all other DAOs are built. Decentralized Autonomous Organizations (DAOs) have long captured the…

Pakistani high court orders government to establish digital currency regulation in 3 months

The Pakistani government has three months to develop regulations for the digital currency industry, a regional high court ruled. In its ruling, the court ordered the central bank and the…

Chinese tax agency calls on government to impose taxes on digital currencies

An official Chinese tax newspaper has called on the government to impose taxes on digital currencies, despite the government’s recent show of hostility towards the industry. The article, which was…

What are the advantages of Bitcoin decentralization?

A decentralized peer-to-peer financial system has several advantages over a centralized alternative. Satoshi Nakamoto released the Bitcoin White Paper on October 31, 2008, introducing a trustless peer-to-peer payment system. The…

Russia’s Putin insists “too soon” on using digital currency for oil trade

The Russian government has not completely banned digital currency in the country, although it has yet to accept it as legal tender because it fears it will have a negative…

5 best cryptocurrencies and their market capitalization

Bitcoin is not the end of the crypto world and here are some cryptocurrencies that have the potential to join the big leagues in the near future. New Delhi: There…

Positive impact of cryptocurrencies on online casinos

A bull market has been going on since Satoshi Nakamoto released Bitcoin in 2009. It should be noted today that there are over 2000 digital currencies available in the world.…

US Senators Urge Facebook To End The Chase Of Digital Currency As Part Of Novi Wallet Launch

Five Democratic senators wrote a letter to Facebook founder and CEO Mark Zuckerberg, urging him to put aside the company’s digital currency plans. The letter claimed that the company could…

Mexico will not legalize digital currency payments, says president

Mexico has no interest in making digital currencies legal tender, the country’s president said. In a recent press conference, President Andres Manuel Lopez Obrador said the country will keep its…

Head of the Bank of England: regulation of digital currency is a “matter of urgency”

A senior Bank of England official called the regulation of digital currencies a “matter of urgency” for financial stability, citing the risks posed by digital currencies to the wider financial…

A viable central bank digital currency should be ‘the law’

The year after Satoshi Nakamoto published a white paper on the concept of a new peer-to-peer currency called bitcoin (BTC-USD), Jonathan Dharmapalan realized that digital currencies are the future. The…

Bittrex Global Explores Digital Currency As A Tool For Financial Inclusion At CoinGeek New York

On Day 3 of CoinGeek New York, Stephen Stonberg, CEO of Bittrex Global, joined us to talk about digital currency as a tool for financial inclusion. Financial inclusion, banking for…

Brazil to adopt tougher sanctions for digital money launderers

Money launderers in Brazil who switch to digital currencies will face longer jail terms and higher fines if a bill is passed in parliament. The proposed bill doubles the financial…

Indonesia won’t follow China in outright digital currency ban, government official says

China recently reiterated its long-standing opposition to the use of digital currencies, declaring that all Bitcoin transactions are illegal. Indonesia, however, will not follow this path, a senior government official…

Bitcoin vs Gold: what is the best inflation hedge?

Bitcoin was designed as an alternative to the US dollar. Increasingly, many crypto fans see it as the new gold. For decades, the gold bugs have praised the precious yellow…

India’s digital currency sector to add $ 184 billion to economy by 2030: report

India’s digital currency industry is expected to experience parabolic growth in the coming years, creating an economic added value of $ 184 billion in investment and cost savings, according to…

CySEC Releases Guidance Document on Digital Currency Regulation

The Cyprus Securities and Exchange Commission (CySEC) has released a new policy document, outlining the compliance requirements for crypto asset service providers (CASPs) for registration and operations. The regulator said…

Bitcoin Network Records 700,000th Block As Adoption Rises

Bitcoin (BTC) miners officially produced their 700,000th block on Saturday, marking a milestone for a network whose critics Claim has died 428 times since 2009. It took Bitcoin less than…

What is proof of work? How the Bitcoin network is maintained

In short Proof of work is the consensus algorithm that secures the decentralized Bitcoin blockchain network. Bitcoin miners attempt to solve complex mathematical equations with the energy consuming process, all…