Digital currency
Residents of Arizona will be Able to Pay their Taxes in Bitcoins
Arizona may become the first US state, residents are expected to soon be given the opportunity to pay their taxes in bitcoins and other cryptocurrency. The Daily Express announced that the bill was passed by the Senate last week. This bill received the support of 16 senators, 13 of whom voted against, and the document was adopted.
Hackers Stole a Virtual Currency For Half a Billion Dollars
Hackers who stole around $530 million worth of cryptocurrency from the Coincheck exchange last week - one of the biggest such heists ever - are trying to move the stolen "XEM" coins, the foundation behind the digital currency said on Tuesday.
Bitcoin sell-off continues
The digital currency market is extending its losses, with all the major cryptocurrencies on a broad sell-off. Bitcoin is headed for its worst monthly slide since December 2013.
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Japan raps Coincheck after a $530 mln crypto currency theft
Japan’s financial regulator said on Jan. 29 that it would inspect all crypto currency exchanges and ordered Coincheck to get its act together after hackers stole $530 million worth of digital money from its exchange in one of the biggest cyber heists on record.
South Korea to Ban Cryptocurrency Traders From Using Anonymous Bank Accounts
South Korea will ban the use of anonymous bank accounts in cryptocurrency trading from Jan. 30, regulators said on Tuesday in a widely telegraphed move designed to stop virtual coins from being used for money laundering and other crimes, according to Reuters.
S Korea plans to ban cryptocurrency trading, rattles market
The South Korean government on Jan. 11 said it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation’s police and tax authorities raided local exchanges on alleged tax evasion.
Russia is Considering Creating its Own Cryptocurrency in Order to Avoid Western Sanctions
Russia will probably seek to create its own cryptocurrency, the BNR reports referring to the Financial Times. The newspaper focused on last summer's meeting of President Vladimir Putin with Vitalyk Buterin, the Russian-born founder of one of the major digital currencies Ethereum. The meeting was aimed at discussing how to regulate a future official "cryptocurrency" market.
Single virtual currency for BRICS and EEU?
An initiative to create a joint digital currency for BRICS countries and the Eurasian Economic Union (EEU) has been proposed by the Central Bank of Russia, according to its First Deputy Governor Olga Skorobogatova.
She said the issue of a common cryptocurrency for a number of countries is very promising, more than that for a single nation.
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Bitcoin falls 30 percent
Bitcoin plunged by 30 percent to below $12,000 on Friday as investors dumped the cryptocurrency after its sharp rise to a peak close to $20,000 prompted warnings by experts of a bubble.
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Analyst: Bitcoin will hit $400,000
The founder and director of Standpoint Research, Ronnie Moas, who foresaw bitcoin's incredible rise this year, says the price of the world's leading cryptocurrency will reach $400,000 one day.
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