Canadian Banking Chief Says ‘Bitcoin ‘Keeping Me Awake at Night

The U.S. Federal Reserve Chair Janet Yellen is not known about cryptocurrencies play a pivotal role in the economy, on the other hand, Canadian Banking Chief said that the Bitcoin ‘keeping me awake at night’. Bitcoin ‘Keeping Me Awake at Night: Bank of Canada Governor Says In a speech titled “Three Things Keeping Me Awake at […]

U.S. Electronic Brokerage Firm Allows Clients to Short Bitcoin

Now the largest U.S. electronic brokerage firm allows clients to short bitcoin futures by the nascent bitcoin futures market on regulated exchange CBOE, but it costs small-scale traders out of the market. According to the reports, Interactive Brokers are processing more daily average revenue trades than any other electronic brokerage firm in the U.S.; after that, the first […]

Charlie Lee Says “Japan and South Korea Regulations Good For Bitcoin”

Charlie Lee, the Litecoin creator and former Coinbase executive, has presented about the future of Bitcoin, Litecoin, and the cryptocurrency market in the long-term. Strict Regulations Useful for Cryptocurrency Market At the time of the interview, Lee discussed his concepts on a wide array of cryptocurrency-related topics which includes the short-term price trend of Litecoin, current regulatory frameworks for […]

Philippine Central Bank is Reportedly Reviewing 12 Applications

The Philippine Central Bank is reportedly evaluating 12 applications for bitcoin exchange registrations. According to the reports, in February, the bank has issued the regulatory guidelines for bitcoin exchanges, after that the Bangko Sentral ng Pilipinas (BSP), Philippines’’ central bank is now reviewing 12 separate applications vying to register and legally manage cryptocurrency exchanges in the […]

Boris Titov Wants to Legalize Bitcoin

The leader of Russia’s Party Growth, bitcoin advocate Boris Titov revealed that he wants to legalize Bitcoin, he would legalize popular cryptocurrencies including Bitcoin and ethereum so that the people will be able to store them in banks and exchanges as well as they will get the opportunity to pay for things outside of Russia with them. […]

Federal Reserve’s Yellen Says, Bitcoin is a “Highly Speculative Asset”

Federal Reserve Chair, Janet Yellen told that the Bitcoin is a “Highly Speculative asset” that”doesn’t constitute legal tender”. She said this in her final press meet. Yellen was talking to reporters in her final press conference on Wednesday. Yellen told this when the subject of Bitcoin came up. Yellen replied about the Bitcoin that Bitcoin […]

Venezuela’s Fiat Currency is Dismissing Rapidly and Bitcoin is Taking Over

The currency of Venezuela is unusable due to the Years of hyperinflation of the Venezuelan Bolivar. Over the past 12 months, bitcoin has taken over the country, and it became the main currency. By using this currency, the residents used to buy basic goods, medicine, and other important products. The Venezuelan Bureau Chief, Patrica Laya, recently disclosed […]

German Stock Exchange Mulls Listing Bitcoin Futures

Stock exchange operator Deutsche Boerse is in a confusion whether to make Germany the first European country to place full-fledged bitcoin futures contracts on a regulated trading platform. Stock Exchange Operator Deutsche Boerse adding Bitcoin Futures According to the report, both Wirtschaftswoche, Deutsche Boerse executives are going through various discussions about whether to add bitcoin futures on Eurex, which […]

UAE, Saudi Central Banks Working On a Cross-Border Cryptocurrency

The central banks in the United Arab Emirates and Saudi Arabia are works on a  cryptocurrency to facilitate cross-border transactions between the two countries. Telling on the sidelines of the Arab Monetary Fund meeting, Mubarak Rashid Al Mansouri, UAE Central Bank Governor has disclosed some details of a joint project between the institution and the Saudi Arabian Monetary Authority (Sama) […]

Tax Authority In India wants a Chunk of your Bitcoin Profits

India’s Central Bank warns the citizens on investing in bitcoin; the central tax agency is obsessed with taxing transactions and investments. One of the members of India’s Income Tax Department has confirmed yesterday’s  surveys of multiple bitcoin exchanges across the country, more focusing on investments into cryptocurrencies. According to a report, the tax department has […]