CryptoCurrency News: Germany Won't Tax You for Buying a Cup of Coffee With Bitcoin

Unlike the U.S., Germany will regard bitcoin as equivalent to legal tender when used as a means of payment, according to a new government document.

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CryptoCurrency News: Genesis Trading Launches Crypto Lending Service for Investors

Genesis Global Capital will allow investors to borrow crypto in quantities of $100,000 or more for terms ranging from two weeks to six months.

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CryptoCurrency News: Square: Murky Crypto Accounting Rules Pose Risk

In its most recent annual filing, Square explains how uncertainty surrounding accounting guidelines for cryptocurrency may affect its bottom line.

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CryptoCurrency News: UK Bank HSBC Might Soon Pilot Live Blockchain Payments

Executives from HSBC Bank revealed in a conference call this week they intend to pilot projects for blockchain-based transactions.

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CryptoCurrency News: Meet the 'Sovereign': Marshall Islands Government to Issue Crypto Token

The tiny Republic of the Marshall Islands plans to sell a cryptocurrency, known as the Sovereign, to supplement the U.S. dollar as its legal tender.

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CryptoCurrency News: Lithuanian Banking Group Warns Over Crypto Investments

A self-governing banking association in Lithuania just issued a warning to residents regarding the risks of investing in cryptocurrencies.

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CryptoCurrency News: JPMorgan Says It May Have to 'Adapt' to Counter Crypto Adoption

JPMorgan Chase has become the third major banking institution to list cryptocurrencies as a possible risk factor for its business.

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CryptoCurrency News: CFTC Gives Green Light for Employees to Trade Cryptocurrencies

The U.S. Commodity Futures Trading Commission has given its staff permission to invest in cryptocurrencies, according to a report.

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CryptoCurrency News: No Blockchain Is an Island

Blockchain governance is shaped by much more than protocol rules: the underlying internet rails, social norms, markets and laws all have an influence.

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CryptoCurrency News: Banking Group SBI Delays Crypto Exchange Launch

The launch of Japan's first bank-backed cryptocurrency exchange has again been postponed as it seeks to strengthen security measures.

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CryptoCurrency News: Class Actions Mount as Coincheck Lingers Over Crypto Heist Refunds

Japanese exchange Coincheck is facing another class action lawsuit demanding cryptocurrency refunds and compensation for hack losses.

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CryptoCurrency News: US City Plans to Sell Tokenized Bonds in 'Initial Community Offering'

Confronted with big federal funding reductions, Berkeley, California, is turning to crypto token-based funding for services like affordable housing.

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CryptoCurrency News: Bitcoin Brushes $11K as Bull Case Strengthens

Having tested $11,000 this morning, bitcoin could close the month on a positive note, chart analysis indicates.

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CryptoCurrency News: What is Circle X? Crypto Exchange Will Be More Than Coinbase Challenger

Circle's big plans for crypto exchange Poloniex after acquisition include bringing cryptocurrencies and tokens of all kinds under one roof.

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CryptoCurrency News: $35 Million Refund? Developer Appeals Ethereum for Hard Fork Hack Reversal

An early ethereum developer is speaking out about why he feels a platform-wide software upgrade should be used to help him recover lost funds.

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CryptoCurrency News: Customer ID Now Required for Crypto Exchange Purchases in Malaysia

Malaysia's central bank is now requiring domestic crypto exchanges to comply with anti-money laundering and know-your-customer mandates.

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CryptoCurrency News: Bill Gates' 'Nonsense' Crypto Comments Draw Twitter Ire

Billionaire philanthropist Bill Gates claimed cryptocurrency "has caused deaths in a fairly direct way." The crypto community found that very amusing.

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CryptoCurrency News: Trump Administration Working on 'Comprehensive Strategy' for Crypto

A senior U.S. official said Tuesday that the government is looking into creating a "comprehensive strategy" around cryptocurrencies.

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CryptoCurrency News: Goldman Sachs Exec: Central Bank Cryptos Could Be 'Incredibly Useful'

A Goldman Sachs exec believes that cryptocurrencies – at least those that might one day be created by central banks – could be "incredibly useful."

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CryptoCurrency News: The Telegram ICO: What We Know (And Don't) About 2018's Biggest Token Sale

Encrypted chat app Telegram hasn't formally announced an initial coin offering, but that isn't stopping a flurry of information about the deal.

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CryptoCurrency News: StarbucksCoin? Exec Says Coffee Seller Will 'Probably' Use Blockchain

StarbucksCoin? Recent comments from the coffee chain's executive chairman suggest the idea isn't so far-fetched.

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CryptoCurrency News: E-Commerce Giant Rakuten Is Launching Its Own Cryptocurrency

Japanese e-commerce firm Rakuten is launching Rakuten Coin to use as part of its loyalty rewards program.

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CryptoCurrency News: Venezuelan Leader Claims Big Demand for Petro Cryptocurrency

Venezuelan president Nicolas Maduro said the government has received 171,000 certified purchase orders for the petro, most of them from individuals.

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CryptoCurrency News: Israeli Supreme Court Rules for Bitcoin Broker in Bank Dispute

A cryptocurrency brokerage based in Israel won't have its bank account closed – for now – thanks to an intervention by the Supreme Court. 

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CryptoCurrency News: A Ray of Hope for Utility Tokens

Wyoming’s utility token bill, if enacted, is likely to be influential beyond its borders, as a model for other states and for the federal government.

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CryptoCurrency News: Japan's Finance Watchdog Eyeing ICO Regulation, Says Report

Japan's financial regulator is reportedly mulling the creation of a regulatory framework for firms raising funds through initial coin offerings.

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[FOREX NEWS] Powell Play: Live coverage of the testimony

Fed Chair Jerome Powell is making his first official testimony on Capitol Hill. The Federal Reserve releases his statement and then he faces lawmakers. Markets want to see if he continues with three hikes in 2018 or goes for four, continuing the data-dependent tradition of the Fed. His wording on inflation will be closely watched. [...]

The post Powell Play: Live coverage of the testimony appeared first on Forex Crunch.

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CryptoCurrency News: Bitcoin Cash Rallies on 38% Rise in Trading Volume

Bitcoin cash is on the rise amid rising volumes, but can it break out of the bearish falling-channel pattern?

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CryptoCurrency News: Texas Issues Another Cease-and-Desist over Alleged Crypto Fraud

Texas' securities regulator has ordered yet another cryptocurrency investment firm to halt services over alleged fraud and securities violations.

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CryptoCurrency News: Bull Return? Bitcoin Eyes $11K Following Upside Break

As bullish indicators strengthen, bitcoin now looks set to extend gains to $11,000 or higher, chart analysis indicates.

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CryptoCurrency News: Digital Currency Group Invests in Bitcoin-Friendly Silvergate Bank

Cryptocurrency VC firm Digital Currency Group has confirmed an investment in bitcoin startup-friendly Silvergate Bank.

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CryptoCurrency News: Making Peace with Crypto's Capacity for Evil

The latest awkward use case for cryptocurrency is funding rogue states led by egotistical dictators. The world may just have to live with this.

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CryptoCurrency News: E-Commerce Giant JD.com Launches Blockchain Startup Accelerator

JD.com, one of China's largest e-commerce platforms, is launching an accelerator program to foster the development of blockchain-focused startups.

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CryptoCurrency News: Tech Legend Steve Wozniak Scammed Out of $70K in Bitcoin

Apple co-founder Steve Wozniak says he once lost seven bitcoin, worth more than $71,000 today, to a ruse involving a stolen credit card number.

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CryptoCurrency News: Hacker Returns $26 Million in Ether Months After ICO Theft

A hacker who compromised CoinDash's website last year and took 43,500 ether tokens from would-be investors has returned 30,000 of them to the project.

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CryptoCurrency News: 50 Cent Says He 'Never Owned' Bitcoin in New Court Filing

Curtis "50 Cent" Jackson has claimed in a bankruptcy filing that he has never owned bitcoin, contrary to reports that he is a "bitcoin millionaire."

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CryptoCurrency News: Bitcoin Pizza Day 2: How and Why A Lightning Payment Just Made History

One of bitcoin's historic moments just got revisited, with a Lightning

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CryptoCurrency News: 'Satoshi' Craig Wright Is Being Sued for $10 Billion

Craig Wright, who previously claimed to be the pseuduonymous bitcoin creator Satoshi Nakamoto, is being sued for a whopping $10 billion.

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CryptoCurrency News: CULedger, Evernym Release Digital ID Blockchain for Credit Unions

The DLT-based system, known as MyCUID, is billed as a way for members of credit unions to protect themselves from identity theft and fraud.

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CryptoCurrency News: EU Official Floats New Rules for Crypto Assets

EC vice president Valdis Dombrovskis recommended warning consumers looking into how regulations apply to cryptocurrencies after a roundtable.

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CryptoCurrency News: Bitcoin Core Releases Software Upgrade With Full SegWit Support

The Bitcoin Core 0.16.0 update has been officially released, introducing full support for the SegWit wallet and user interfaces.

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CryptoCurrency News: Goldman Sachs Latest Bank to Label Crypto A Business Risk

Investment banking giant Goldman Sachs has cited its connection to cryptocurrencies and blockchain as a potential business risk, public records show.

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CryptoCurrency News: Coinbase Tells 13,000 Users It's Sending Their Data to the IRS

Coinbase is emailing thousands of customers informing them their data will be sent to the U.S. Internal Revenue Service, as per a 2017 court order.

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CryptoCurrency News: Crypto Exchange Poloniex Acquired By Payments Startup Circle

Digital payments startup Circle acquired the cryptocurrency exchange Poloniex, the two companies announced Monday.

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CryptoCurrency News: W3C Vets Forego ICO for Government-Friendly Blockchain Launch

A team of open-source payments veterans is looking to launch a new identity blockchain, one that won't run afoul of government favor.

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CryptoCurrency News: Litecoin Price Outperforms But Nears Key Resistance

Litecoin is solidly bid amid positive news flow today, but is nearing a key technical resistance above $230.

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CryptoCurrency News: Global AML Watchdog to Step Up Crypto Money Laundering Scrutiny

The international Financial Action Task Force has said it will step up its efforts in monitoring the use of cryptocurrencies in money laundering.

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CryptoCurrency News: 3 Class Actions Take Aim at Riot Blockchain's Bitcoin Pivot

After its blockchain and bitcoin mining pivot, Riot Blockchain has been hit by three class action lawsuits in the U.S.

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CryptoCurrency News: Bitcoin Eyes $10K, But Longer Outlook Favors Bears

Bitcoin's recent drop below $10,000 has strengthened the bearish indicators on the weekly chart, though a limited corrective rally may lie ahead.

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CryptoCurrency News: BnkToTheFuture Completes $33 Million ICO

Investing platform BnkToTheFuture has raised $33 million in an ICO – money it will use to launch a token market and crowd-sourced research platform.

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