Category: cryptocurrencies

Under mounting pressure to make decisions and take steps to clarify cryptocurrency matters, the Indian government may soon shed some light on one of many unclear aspects – taxation. Local media have turned the spotlight on Budget 2018, but lots of titles end with question marks. The new financial frame is to be presented next week by the Finance Minister. Recent developments suggest that the status of bitcoin in India is likely to be determined, at least in terms of how much cream the government is willing to scoop out.…

Budbo, the company whose immensely popular app has been dubbed “the Tinder of weed”, is now focusing on leveraging the power of the blockchain to help document supply chains and aid research by providing extensive transparent data. Their token sale is now live. The current legalized marijuana industry is fragmented and marginalized, something that has led Budbo to identify a dire need for some form of systematic organization that also incorporates a transparency of operations. Enter the blockchain. Budbo aims to streamline the processes, supply chain, and logistics of the…

As part of its balanced approach, Thailand is taking further steps to regulate initial coin offerings by expanding current guidelines. Discussions on the framework between relevant institutions have already started, with a public hearing to be conducted soon. The first ICO to be carried out by a locally registered company is scheduled for March. The plan is to raise more than $20 million for a decentralized lending platform. Also read: New Research: 10% of Funds Raised in ICOs Lost or Stolen Growth in Other Countries Convinced Thailand to Act Thailand’s…

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The OKOIN project launches the second round of the ICO. According to the management of VR Technology, which owns the project, the second round will make the token more liquid and stable after entering the open exchange, and thanks to protection against speculative manipulations. The…

Perth Mint, Australia’s largest gold refiner, has announced plans for the development a cryptocurrency backed by physical gold. If successful in developing the altcoin, it will join a long list of virtual currencies seeking to entice cryptocurrency investors to experiment with commodity-backed virtual currencies, including Venezuela’s soon to be launched ‘petro’. Also Read: Venezuela Considers Selling Its ”Oil-Backed” Cryptocurrency With a 60% Discount Australian Gold Refinery to Develop Cryptocurrency The chief executive of Perth Mint, Richard Hayes, states that the company has identified a significant opportunity in “bring[ing] investors back to…

Trading is arrogant, be it on Wall Street or across crypto exchanges. In order to trade rather than hodl, you must fundamentally believe you’re smarter, more disciplined or better informed than the other half of the market. Time will tell. But as long as you’re trading, we’ve established that you’re at least more arrogant than the other half of the market. Bitcoin is arrogant. In order to be a bitcoiner, you must fundamentally believe that a bunch of software engineers can create a better form of money than economists, governments and…

Fans of the Role Playing Game (RPG) Imperatum now have the chance to play an all-new level in their favorite Sci-Fi simulator. Imperatum has added a “Crypto Update” to the Volantis City level which brings different difficulty options based on the real-time price of bitcoin. Also read: Three Ukrainian Lawmakers Declare Bitcoin Holdings Worth $47 Million Imperatum Creates Bitcoin Mode a Difficulty Adjustment Tethered to the Value of Bitcoin Imperatum is a popular RPG that can be found on the Steam gaming network. Players become agents in the city of…