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Africa Blockchain Conference 2018 • May 23-24, 2018

Organized by The Blockchain Association of Uganda, with support from the Government of Uganda, the Africa Blockchain Conference will concentrate…

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Category: Bitcoin

Argentinian Bitcoin Updates: Banking, Democracy, and a Wine-Backed Cryptocurrency

Category: Bitcoin, Blockchain, Commentary, Ethereum, News, Tech

Argentinian Bitcoin Updates: Banking, Democracy, and a Wine-Backed Cryptocurrency

In April 2018, the capital city of Argentina celebrated “Bitcoin Day,” an event comprised of around 500 attendees who were curious about the ever-increasing demand for information on bitcoin. Now, an Argentinian Bank is continuing the celebration after announcing on May 22, 2018, that its customers can use the pioneer cryptocurrency as a cross-border payment option. Partnership with Bitex Argentina’s…

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The State of Cryptocurrency Adoption by Online Merchants

Category: Altcoins, Bitcoin, Business, Finance, News

The State of Cryptocurrency Adoption by Online Merchants

Online payments have always been identified as a real area for disruption by cryptocurrencies. The emergence of digital currencies supported by trusted blockchain technology, offering fast and low-cost transactions have all the makings of an online merchant favorite. It makes sense for a predominantly internet-enabled commerce market to be facilitated by not digital currency, but fiat. Since bitcoin arrived on…

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CNBC Hit with Controversy over Fast Money Segment Covering Bitcoin Cash

Category: Altcoins, Bitcoin, Business, News

CNBC Hit with Controversy over Fast Money Segment Covering Bitcoin Cash

CNBC Fast Money aired a segment with crypto investor Brian Kelly promoting Bitcoin Cash (BCH) on the channel, even stating that it is “the must-own digital currency” of the moment. According to Kelly, the altcoin’s worth will skyrocket thanks to the development fund being reportedly set up by bitcoin cash miners. Comparatively Speaking: BTC, BCH, and XRP Kelly continued, “You’re…

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What is Bitcoin Batching?

Category: Bitcoin, Blockchain, Cryptocyclopedia, Tech

What is Bitcoin Batching?

Batching is a method used to place as many transactions as possible into the limited block space available on Bitcoin’s blockchain. Batching is important because combining multiple outputs and payments into a single operation is space and cost efficient. What is Batching? Batching multiple transactions into one transaction, therefore, creates cheaper and lower fees for everyone on the network. While cryptocurrency…

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India May Levy 18 Percent Tax on Cryptocurrency Activities; Making it Practically Legal

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

India May Levy 18 Percent Tax on Cryptocurrency Activities; Making it Practically Legal

Even though the legal acceptance of cryptocurrencies in India is not crystal clear yet, people with direct knowledge of the issue has stated that India is well on its way to levy Goods and Services Tax (GST) on any activity related to digital assets. The Statement According to a report, the Indian government may impose an 18 percent GST on…

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Mitsubishi Financial Announces Blockchain Based Payment Settlement Network

Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News, Tech

Mitsubishi Financial Announces Blockchain Based Payment Settlement Network

Japan’s largest bank Mitsubishi UFJ Financial Group (MUFG) announced an agreement with America based Akamai Technologies on May 21, 2018, to develop a new payment network platform based on blockchain technology. The announcement was made via a press release by Mitsubishi. Payment Network Platform on the Blockchain The two companies will develop a payment processing network using the ledger technology….

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U.S. Congress Candidate Discourages Bitcoin FUD and Aims to Educate Public

Category: Bitcoin, Blockchain, Finance, News, Regulation, Tech

U.S. Congress Candidate Discourages Bitcoin FUD and Aims to Educate Public

Cryptocurrencies have always been in the gray end of the regulation spectrum when discussed in American politics. Legal bodies often view them as a criminal tool to purchase guns, drugs, and other illegal articles. Regulatory authorities such as SEC are not sure whether to classify them as securities, while some states in the U.S. have proposed ideas to make the…

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First Bitcoin ATM Installed in Liverpool

Category: Bitcoin, Business, Finance, News

First Bitcoin ATM Installed in Liverpool

Acting as a boon for the crypto aficionados of Liverpool, a U.K.-based digital currency ATM operator, AlphaVend, has established the city’s first bitcoin ATM in Liverpool. Located at Herman Vapes, an E-juice center, the accomplishment is looked forward to providing convenience to digital currency lovers and beginners in the field. Bitcoin Dispenser for Liverpudlians Purchasing bitcoin may come off as…

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Ireland Releases Guidance on Cryptocurrency Taxes

Category: Altcoins, Bitcoin, Ethereum, Finance, News

Ireland Releases Guidance on Cryptocurrency Taxes

Ireland has announced that Irish-based companies handling transactions via digital currency will be faced with the “normal” tax rules according to the country’s tax authorities in an announcement on May 15. Tax Clarification Required A lot of concerns and queries by potential cryptocurrency focussed businesses culminated to the announcement by the Irish Revenue Commissioners on May 15, 2018. According to…

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CFTC Opens the Door to More Cryptocurrency Derivatives with New Advisory

Category: Altcoins, Bitcoin, Ethereum, News, Regulation

CFTC Opens the Door to More Cryptocurrency Derivatives with New Advisory

The U.S. Commodity Futures Trading Commission (CFTC) has issued a new advisory according to a May 21 announcement, which exchanges and clearinghouses planning to list cryptocurrencies derivatives must adhere. The instructions are in response to growing industry concerns about the vetting process for new derivative products pegged around digital currencies. Source: Steemit CFTC Crypto Derivatives Guidelines The exchanges must also…

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