Law

Bitcoin is still relatively young, so governments are playing catch-up when it comes to defining laws that regulated digital currencies. Our bitcoin law news gives you the most important updates to this global phenomenon.

bitcoin 2019 predictions

Bitcoin and Cryptocurrency: 2019 Predictions

The First Decade of Bitcoin It’s hard to believe that Bitcoin has turned 10 years this year. The “genesis block” was mined on January 3, 2009. This marked the first successful use of blockchain technology. It has started a revolution. The first 50 Bitcoin mined are still under control of “Satoshi Nakamoto”, who left the …

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bitcoin 2018 predictions

Looking Forward: 2018 Cryptocurrency Predictions

2018 Will be a Decisive Year for Cryptocurrency 2017 proved to be one of the most successful years for Bitcoin and altcoins as mentioned previously. But will 2018 be just as good? Here are some 2018 cryptocurrency predictions which will change how cryptocurrencies develop forever. Institutional Investors “Hedge funds ready to go short on bitcoin” …

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cryptocurrency vs traditional investments

Cryptocurrency vs Traditional Investments

Bitcoin is a Revolution in Investments Bitcoin and most cryptocurrencies have outperformed most market expectations this year. This has led to an increased interest for investors. It is hard to ignore that Bitcoin more than doubled in 2017.  This article serves to illustrate the primary advantages and disadvantages between investing in cryptocurrency versus traditional investments. Even …

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Bitcoin Gambling Law

Bitcoin Gambling Law

Bitcoin, a digital currency, was created by a software developer named Satoshi Nakamoto to revolutionize online payments. Based on complex mathematical formulas, this electronically generated currency actually worked and has been in use for more than a decade now. Bitcoin Gambling Law Unlike all other currencies in the world, Bitcoin is neither printed nor controlled …

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Ledgerx Approved as first regulated Bitcoin Exchange and Clearinghouse

Ledgerx Approved as first regulated Bitcoin Exchange & Clearinghouse The United States Commodity Futures Trading Platform (CFTP) has sanctioned Bitcoin derivatives forum Ledgerx LLC as the first institutionally monitored Bitcoin options exchange and clearing house. Ledgerx has announced that it will start providing Bitcoin trading services in autumn. However, it will take some time for …

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Australia Tax Bitcoin

Australian Removes Cryptocurrency Tax, Causing Market Boom

Bitcoin enthusiasts are rejoicing regulations that move to set Australia at the top-tier of cryptocurrency encouraging countries. The laws going into effect prevent double taxation on the transfer of Bitcoin and other cryptocurrencies.  Upon announcement of the new regulations going into effect, SeekingAlpha reported that “Bitcoin surged even further on the news, up another 15% …

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Why the SEC Bitcoin ETF Disapproval Isn’t the End of Bitcoin

SEC Rules against Winklevoss Twins Bitcoin ETF The digital currency community hotly anticipated a ruling from the Security Exchange Commission on the Bitcoin ETF. For a seeming majority, it wasn’t the news that investors were hoping for. The agency cited concerns over fraudulent and manipulative pricing as some of the reasons for the rejection. Specifically citing that …

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best nigerian bitcoin exchange

Best Nigerian Bitcoin Exchanges

Nigerian Bitcoin Exchanges As mentioned in our previous article, Bitcoin demand is growing in Nigeria. During economic uncertainty, people are looking outside of local Nigerian bonds and currency to store value, and Bitcoin searches have tripled in Nigeria. These are the most popular and reputable, Nigerian Bitcoin Exchanges. Nigeria is a market with over 177 million …

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Swiss Bitcoin ATM

Swiss Creates Giant Bitcoin ATM Network

Largest Swiss Railway Convert 1000+ ticket machines into Bitcoin ATMs Swiss national railway company SBB is rolling out machines that facilitate Bitcoin purchases. This is aimed to be part of a two year initiate in Switzerland to test the market’s appetite for mechanisms that utilize Bitcoins for transactions.While bitcoins can be purchased, they won’t be …

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IRS Coinbase Request

IRS Wants Information on CoinBase Users

IRS Requests Data on Coinbase Users In an ongoing IRS’s effort to fight tax evasion the Internal Revenue Service working with a federal court has forced Coinbase, a major bitcoin wallet service company to hand over personal information of their users. They’ve targeted those who have made transactions between the year 2013 to 2015. Another …

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Bitcoin Price India

Bitcoin Price Skyrockets in India

Bitcoin Price Tops $985 on Indian Exchanges Ban of High Denomination Notes Indian Prime Minister, Narendra Modi, has announced that 500 Rupee (~$7.28 USD) and 1000 Ruppe (~$14.56 USD) banknotes will be discontinued. This act is part of a set of initiatives known as the Pradhan Mantri Jan Dhan Yojana (PMJDY), or financial inclusion act. The New York Times …

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Donald Trump Bitcoin Peter Thiel

Will Donald Trump Encourage Bitcoin with Peter Thiel?

Bitcoin Proponent Peter Thiel Appointed to Presidential Transition Team by Trump Donald J. Trump shocked the world as he assumed the role of leader of the free world in last Tuesday’s election. This happens amongst growing unrest about government abuse, primarily that Donald Trump will be President of the USA. Heightened levels of scrutiny have been put …

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Bitcoin price Yuan related

How does the Yuan correlate to the Bitcoin Price?

Does the Price of Yuan and Bitcoin Inversely Correlate? 2016 has seen a massive surge in the price of Bitcoin. At this point last year, 1 Bitcoin was trading for $310, today it’s $680. What has really changed in the public’s mind about Bitcoin? Many are arguing that Chinese buyers are stocking up on Bitcoin …

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