Day: September 3, 2019

Crypto Fever Plummets 14% in Japan Amid Bitcoin Exchange Sweeps – CCN Markets

boss

Interest in cryptocurrencies like bitcoin tumbled 13.9% in Japan in the latest quarter, according to Japan’s financial regulator, the FSA. | Source: Shutterstock Interest in cryptocurrencies like bitcoin tumbled 13.9% in Japan, according to the country’s financial regulator. In data posted Sept. 3, the Financial Services Agency (FSA) says the volume of crypto-related inquiries fell in the latest quarter. The office handled 494 inquiries about crypto assets in the second quarter ended June 30. That’s a 13.9% decline from the 574 inquiries it handled in the previous quarter ended March…

PwC Luxembourg to Start Accepting Bitcoin from October 2019: Official

boss

PwC Luxembourg, a subsidiary of the world’s second largest professional services firm, will start accepting Bitcoin (BTC) payments starting Oct. 1 2019. “Bitcoin cannot be compromised” The Luxembourg branch of the Big Four auditing firm announced the initiative in an official press release on Sept. 2, claiming that the move shows the firm’s commitment to comply with the needs of clients as well as support the growing national crypto ecosystem. In the announcement, PwC Luxembourg expressed confidence in the major cryptocurrency Bitcoin, calling it the “first peer-to-peer payment mechanism that…

Walmart’s Foray Into Blockchain, How Is the Technology Used?

boss

Walmart is currently making use of blockchain technology to create a food traceability system based on the Linux Foundation’s Hyperledger Fabric. Along with IBM, the retail giant has already tested two proof-of-concept projects to examine its envisioned system.  The first project deals actively with tracing the origins of the mangoes being sold across Walmart’s stores in the United States, while the other seeks to trace the pork meat being sold via the company’s different Chinese outlets. From an efficiency perspective, the research team at Walmart claims that by making use…

Michael Terpin’s BitAngels Investor Network Partners with Bitcoin Bay to Expand Blockchain Investment Ecosystem in Toronto, Canada

boss

Well-known Blockchain and crypto industry giant Michael Terpin from digital currency investor network BitAngels has teamed up with Toronto’s Bitcoin Bay to expand the blockchain investment ecosystem in Canada’s largest city. advertisement “Through our partnership, we aim to accelerate blockchain adoption not only in Toronto, but internationally by connecting global entrepreneurs, investors, and communities through exclusive networking events,” said Edward Buchi, co-founder and Director of Bitcoin Bay. “Founders are invited to pitch their projects to investors, and give them an early inside look at some of the most exciting up-and-coming blockchain…

Michael Terpin’s BitAngels Investor Network Partners with Bitcoin Bay to Expand Blockchain Investment Ecosystem in Toronto, Canada

boss

About Richard Kastelein Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News…

Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin

boss

Cryptocurrency enthusiasts and businesses in the industry have had to put up with regulatory uncertainty for quite some time. The strong desire to tap into their incomes and profits goes hand in hand with failure on behalf of authorities and regulators to fully understand the nature of decentralized digital assets. Not to mention how absurd the reluctance to legalize something they want to tax anyway. Cases in Portugal show that it’s hard to positively know what exactly traders, investors and companies owe the state. Luckily, the narrow scope of the…

VanEck, SolidX Plan to Offer a Limited Version of Bitcoin ETF This Week

boss

Bitcoin Futures have faced unusual hurdles from the US authorities. There are ways around this but these ways are often limited and high risk. However, Vaneck Securities and Solidx seem to have found the solution. Due to the many regulatory hurdles that the United States Security and Exchange Commission (SEC) has placed on the implementation of the listing of cryptocurrency exchange-traded funds (ETFs), including Bitcoin ones, Vaneck Securities and Solidx Management have decided to use creative ways and means to be able to achieve this. On a normal day, all…

South Korea’s Kakao Considers Listing Klay Cryptocurrency on Chinese Exchange

boss

The renowned internet company Kakao, known as one of the largest conglomerates in South Korea, is looking to list its cryptocurrency Klay on one of China’s exchanges and add it to its impressive list of products in the financial sector. The conglomerate, which already has an admirable reputation in the financial world, launched its blockchain platform in June, and its subsidiary Ground X is focusing on a possible wallet termed Klip wallet. While the initial plan was to leave Klay exclusively for developers who are looking to explore the firm’s…

Burger King Let’s You Pay Your Way in Germany — With Bitcoin

boss

The German version of world-famous fast-food chain Burger King now accepts Bitcoin (BTC) payments in its delivery website and mobile application.  Payment options on the Bklieferservice.de homepage Bitcoin recently appeared among the payment options on the website of the official German Burger King delivery website and its mobile application. It is unclear, however, whether Bitcoin is also accepted in Germany’s physical Burger King restaurants, which have over 600 locations in the country. Not the first time Burger King taking Bitcoin According to company information website Crunchbase, launched in 1954 and…

Bitcoin Extend Gains as Yuan, Pound Hits Record Low

boss

Bitcoin continued its ride to the upside as investors/speculators weighed in the prospects of dwindling government currencies. The benchmark cryptocurrency today established a session high of $10,500, bringing its five-day gains to as high as 12.44 percent on San Francisco-based Coinbase exchange. The move appeared after a depressive August, wherein bitcoin lost about 25 percent of its market capitalization largely owing to overbought conditions. Nevertheless, the asset kept its long-term bullish bias intact, confirmed by its year-to-date performance, which remained well above 150 percent despite the interim downside corrections. Bitcoin…