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Cryptocurrency

Korean cryptocurrency exchange, Komid’s leaders suffer imprisonment of charges of fraudulent transactions

Recently, there was news of many new entrants hurrying into launching crypto due to uncertainty in regulations in South Korea. However, two leaders from the Korean cryptocurrency exchange Komid were arrested for their roles in fraudulent trading volume reports on their platform. According to Blockinpress, the leaders were sentenced to …

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Chilean Citizens Will Begin Paying Cryptocurrency Taxes in 2019

Taxpayers in Chile are reportedly going to have to pay taxes on cryptocurrency earnings this year, as the country’s Internal Revenue Service (Servicio de Impuestos Internos, SII) has included a section for cryptoassets in a form that has to be filled on taxpayers’ Annual Income Tax Returns. According to local …

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New Open Source Cryptocurrency Grin Has Deep-Pocketed Donors

New Open Source Cryptocurrency Grin Has Deep-Pocketed Donors January 19, 2019 by Ian Edwards New cryptocurrency Grin launched its mainnet on January 15th. Grin is a volunteer-run project that says it’s only interested in getting the MimbleWimble technology — on which it is based — into public usage. But with …

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Nomics co-founder Clay Collins sees future in cryptocurrency

Entrepreneur Clay Collins might be described as a cryptocurrency true believer. In a conversation last week, he never got around to saying whether he has ever owned any bitcoin or other digital currencies.  What he believes in is the long-term business opportunity for the tools and infrastructure crypto traders and …

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Top 3 Mistakes Investors Make when Managing Their Crypto Holdings

Cryptocurrency investors make three common mistakes when managing their funds. | Source: Shutterstock By CCN.com: Money is older than recorded history. As long as money has existed, so too have counterfeiters and crooks. Issuers of currency have spent millennia preventing counterfeiting: Just consider today’s paper bills, which are printed with …

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The Eight Most Popular Cryptocurrency Transaction Types Are Not What You Expect

Even now that the Bitcoin bubble has long since popped, increasingly desperate cryptocurrency (crypto) fans are still exhorting the virtues of the technology’s supposedly rosy future. Given crypto’s lack of intrinsic value beyond what it takes to mine it, however, such exhortations appear to be little more than desperate ‘hodlers’ …

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What Is IOTA? – Everything You Need To Know About IOTA Cryptocurrency

Introduction In the midst of the growth of cryptocurrency generation, there is a lesser-known cryptocurrency: IOTA, which is used for transactions between devices connected in the Internet of Things. It is an open-source cryptocurrency which focuses on secure payments and transactions for the machines connected on IoT and in the …

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UAE, Saudi Arabia agree plan for joint cryptocurrency

The UAE and Saudi Arabia have agreed new plans to collaborate on key sectors such as cryptocurrencies, civil aviation and small and medium-sized enterprises (SMEs). The Executive Committee of the Saudi-Emirati Coordination Council agreed seven initiatives at its first meeting in Abu Dhabi to follow up on the execution of …

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Russian Finance Ministry States Cryptocurrency Debit Cards Are Legal in the Country

Alexei Moiseev, the Russian Deputy Finance Minister was quoted by local Russian media saying that using crypto cards to pay for products or services rendered does not contradict the local laws in any way. Alexei believes that such transactions are legal in nature, as the merchant gets to receive the …

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