G20 Countries Propose Global Cryptocurrency Taxation, To Be in Place 2020

G20 Countries Propose Global Cryptocurrency Taxation, To Be in Place 2020

Increased international cooperation on the matter of cryptocurrency regulations is a much-anticipated milestone for increased predictability and adoption. Although progress has initially been slow, it is now looking as if the G20 countries might issue joint guidelines. G20 countries discussed the issue at the Buenos Aires summit This news comes from the Japanese news outlet … Continue reading G20 Countries Propose Global Cryptocurrency Taxation, To Be in Place 2020

Crypto Confidence Strong With Allianz Chief Economic Advisor, Mohamed El-Erain

Crypto Confidence Strong With Allianz Chief Economic Advisor, Mohamed El-Erain

Cryptocurrencies are ‘here to stay,’ but won’t replace fiat money ‘anytime soon’ says Mohamed El-Erain, Allianz Chief Economic Advisor.   El-Erain attended New York’s Consensus Invest 2018 event, and discussed the future of crypto with Andrew Sorkin, author of, “Too Big To Fail.”  Mohamed has increasingly made a habit out of coming to the defense … Continue reading Crypto Confidence Strong With Allianz Chief Economic Advisor, Mohamed El-Erain

Nigerian Bank Might Restrict Crypto-Related Accounts

Nigerian Bank Might Restrict Crypto-Related Accounts

The Union Bank of Nigeria PLC is the sixth largest bank by asset in Nigeria. They have issued a general notice about monitoring the client's cryptocurrency trading activities closely. In the worst case, the accounts might even become a subject to restrictions moving forward. Is cryptocurrencies a part of banks and the future of Nigeria? … Continue reading Nigerian Bank Might Restrict Crypto-Related Accounts

NYSE Chairman Answers With ”Unequivocal Yes” To Whether Crypto Will Survive

NYSE Chairman Answers With ”Unequivocal Yes” To Whether Crypto Will Survive

The chairman of the New York Stock Exchange, Jeff Sprecher, has recently weighed in on cryptocurrencies. More specifically, Sprecher said that both cryptocurrencies and Bitcoin are here to stay - notwithstanding the current bearish market sentiment. Sprecher: Digital assets have a bright future These comments came during the ongoing CoinDesk ”Consensus: Invest” conference. Toshi Times … Continue reading NYSE Chairman Answers With ”Unequivocal Yes” To Whether Crypto Will Survive