Texas Takes Action Against Crypto Company Promising 200% Profit
Nov08

Texas Takes Action Against Crypto Company Promising 200% Profit

The Texas State Securities Board has issued an emergency cease and desist order to an Australia-based cryptocurrency mining company and its affiliates. According to the order, the company represents that investments in its mining contracts are “guaranteed to 200% profit.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cease and Desist Order The Texas State Securities Board on Tuesday issued an...

Read More
French Lawmakers to Lower Cryptocurrency Tax by 6 Percent
Nov08

French Lawmakers to Lower Cryptocurrency Tax by 6 Percent

French lawmakers have adopted an amendment to the 2019 budget bill that will cut capital gains tax on bitcoin sales to 30 percent from 36.2 percent. This will bring cryptocurrency transactions in line with other non-real estate assets, which are taxed at a flat rate of 30 percent. Also Read: Survey: South Africans Turn to Crypto as Hedge Against Volatility of the Rand Amendment Awaits Approval by Parliament The budget amendment...

Read More
Why the Energy Sector Meets the Conditions for Decentralization
Nov08

Why the Energy Sector Meets the Conditions for Decentralization

The following piece on decentralizing the energy sector was written by Richard Lohwasser, who holds a PhD in energy economics and is the CEO of Lition. He was previously a strategy consultant for McKinsey and director of Vattenfall. Lohwasser was also Managing Director of German Operations at ExtraEnergie. Decentralization. Digital autonomy. Circumventing corporate strangleholds on information. A new, democratized internet. The...

Read More
Bitcoin Cash Community Introduced to New BCH Library Written in Rust
Nov08

Bitcoin Cash Community Introduced to New BCH Library Written in Rust

On Nov. 5, the software developer Brenton Gunning announced to the Bitcoin Cash (BCH) community that he’d developed a BCH library written in the programming language Rust. The new library allows developers the ability to work on BCH applications and platforms written in the Rust coding environment. Also read: Discussions Intensify as BCH Fork Approaches Rust-BCH 0.1.0: A Bitcoin Cash Library Written in the Rust Programming...

Read More
Israeli Central Bank to Hold off on Issuing Digital ‘E-Shekel’ Coin
Nov08

Israeli Central Bank to Hold off on Issuing Digital ‘E-Shekel’ Coin

A group under the Bank of Israel has published a report on a proposal to issue a national digital currency. The team, which was set up last November, has identified several potential advantages to the technology, but has advised the central bank not to act until other institutions throughout the world have done so first. Also Read: Marshall Islands President Attacked Over National Crypto Plan Pros and Cons of a National Cryptocurrency...

Read More