Category: Cryptocurrency

Japanese Government Discusses A Simplified Cryptocurrency Tax Filing Procedure

The government of Japan, through its Tax Commission is considering ways of simplifying the current tax filing system for cryptocurrencies as reported by local publication Sankei. The exercise is expected to enable investors to accurately report their gains in their cryptocurrency ventures. The new system will be designed to standardize the filing process and introduce…

Bitcoin

Binance Incorporates Chainalysis In The Fight Against Cryptocurrency Fraud

Leading cryptocurrency exchange, Binance has entered into agreement with Chainalysis, to roll out a global compliance solution that will check fraud and enhance anti-money laundering practices in the cryptocurrency ecosystem. In less than two years of existence, Binance has grown to become the world’s largest cryptocurrency exchange in terms of volume. This is fueled by…

Cryptocurrency

Binance Takes Its Crypto-Fiat Exchange Model To Uganda

World leading exchange, Binance has continued with its expansion model by launching a crypto-fiat exchange in the East African nation of Uganda. Having capitalized on the blanket ban by China on crypto exchanges late 2017, Binance has in less than two years grown to become one of the top cryptocurrency exchanges in the world. With…

Cryptocurrency

Blockchain and AI in Advertising; Why Are Investors So Confident?

Despite a bearish trend in the cryptocurrency market, blockchain and AI advertising platform, Ubex has enjoyed significant confidence from members of the crypto community as revealed by its ICO numbers. The year 2018 has seen a significant decline in the ICO market, as several projects are finding it difficult to achieve their set targets. For…

Venezuela Continues To Look To Crypto For Economic Redemption

A recent decision by the Venezuelan authorities now mandates citizens intending to pay passport fees to do so using Petro, the state owned cryptocurrency. This decision was made public by the nation’s Vice President, Delcy Rodriguez in a press conference. Rodriguez announced that starting from Monday October 08 2018, all passport related fees will be…

Altcoins

Common Mobile Apps For Cryptocurrency Trading

Crypto Traders’ decision making processes hinge on the availability of trading tools and market data. This is why it is imperative that traders are able to access vital market information on the go. In today’s era of smartphones and mobile gadgets, it is apparent that specially designed apps that will allow for effective and efficient…

Cryptocurrency

How Blockchain Can Help Communities Take Charge of Their Energy Supplies

Massive investments in the production of cheap and green energy are yielding dividends. The cost of generating renewable energy has continued to drop. Now, individuals can have access to solar panels, efficient batteries, and wind power generating technologies. There is a sudden realization that anyone can generate their own electricity and even supply the excess….

Cryptocurrency

Cryptocurrency Regulation, Good or Bad?

A recent Bloomberg report outlined a plan by the European Union to come up with a common framework for regulating the use and trade of cryptoassets.. Under the proposed framework, regulators will gain enhanced powers over crypto exchanges to ensure compliance with Anti Money Laundering (AML) and Know Your Customer (KYC) rules in an effort…

Cryptocurrency