Trillions: Crypto Scams Have Cost South Korea $2.7T Won
July 22, 2019
Scams Hit South Korea Hard Crypto scams haven’t been kind to South Korea. As reported by The Korea Herald, an English newspaper covering events in South Korea, the local Justice Ministry estimates that crypto-related crimes…
Crypto Analyst: "Libra" Searches Popular in China, Not U.S.
July 18, 2019
China in Love With Crypto… And Libra Don’t ask us why, but Libra is trending in China. Yes, China. Despite the fact that Facebook is vehemently verboten in the nation, which has also blocked most mainstream Western media…
A Religious Leader of One of The Largest Christian Cults in Latin America is Linked to a Possible Crypto Ponzi Scheme
June 23, 2019
Bitcoin has already crossed paths with religion, and this is not good news. The Universal Church of the Kingdom of God (IURD by its Spanish acronym or UCKG in english) has been linked with AirBit Global, an organization that has been…
Cryptocurrency is "More Convenient" than Cash and Society is Ready for Adoption, Head of the Central Bank of Russia Says
June 20, 2019
Cryptocurrencies are being used more each time in the field of geopolitics, transcending the image of being just an experimental technology promoted by some fintechs and enthusiasts. After drawing the attention of the G20, several…
Brazil: "I Don't Know What Bitcoin is," Says President Jair Bolsonaro, Days After Saying He Doesn't Understand Economics
June 6, 2019
The president of Brazil, Jair Bolsonaro, said in an interview with Ratinho’s SBT show on June 4, 2019, that he doesn’t know what Bitcoin is, despite the hype that Bitcoin is causing in the country, aphenomenon that has been…
China: Hodling Bitcoin (BTC) and P2P OTC Trading is Legal
May 24, 2019
Good news for the Chinese crypto community. Xiao Wei, a Council Member at the Law Research Association of the Bank of China, shared with the local media that, despite the ban, Chinese citizens can safely hold Bitcoins (BTC) without…
Bitcoin (BTC) is a Taxable Asset, Not a Currency; Israeli Court Says
May 23, 2019
Bitcoin (BTC) is not a currency in the strict sense of the word and therefore falls into the category of a digital asset according to a recent sentence by the Central District Court in Lod, Israel. In this way, the holding of Bitcoins…
Russia and Venezuela are Evaluating to Ditch American Dollars and Adopt the Petro and the Ruble Instead
May 18, 2019
Venezuela
and Russia are in talks to abandon the use of U.S. dollars in their
transactions and replace this currency with rubles and Petros. According to an article published by the Russian news portal RT, Jorge Valero, a…
