India To Lose Nearly $13 Billion Due To Crypto Ban?

India is one of those countries that have taken a tough stance towards the crypto industry. The crackdown over the last 12 months has been intense and the current regulatory atmosphere in the country is incredibly difficult for crypto operators.

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IRS Warns US Crypto Holders To Be Transparent With Their Taxes

One of the main advantages of using cryptocurrencies is that it is hard to track by the authorities. This has made it difficult in the past for the Internal Revenue Service (IRS) to collect the right amount of taxes on

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Scam Artists Using Social Media Platforms To Promote Libra

The Libra digital currency project that Facebook recently announced has made waves all over the world. The planned cryptocurrency has already gotten the attention of the US Congress along with financial regulators across the world. The media attention surrounding the

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Stringent Regulations Forces India’s Koinex To Shutdown

Cryptocurrency users in India have suffered in recent months as the government has imposed stringent regulations on the industry. Indian cryptocurrency users will be disappointed to know that one of the country’s largest exchanges, Koinex has announced that it will

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FCA Asks For More Information On Facebook’s Libra Coin

Facebook has launched its own cryptocurrency called Libra in an attempt to enter and dominate the global cryptocurrency market. The new Libra crypto coin has caught the attention of financial regulators around the world. The Financial Conduct Authority (FCA) which

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Japan Expected To Grant Crypto Exchange License to LINE

Line is best known as Japan’s largest messaging app. However, the developers LINE have bigger plans and would like to turn it into a payment app. Reports say that the LINE app is close to getting a license from Japan’s

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US Fintech Lobbyists Pushing Hard For New Crypto Regulations

In the first quarter of 2019, as many as 40 fintech companies in the United States lobbied for bitcoin and blockchain-related causes which shows that there is a big interest in cryptocurrencies by lobbying groups. Interestingly, these companies are part

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Bithumb Expands Trading Globally With Multiple Fiat Currencies

Bithumb is one of South Korea’s biggest crypto exchanges. It has captured a large part of the local market but it Bithumb’s ambitions are not just aimed at the Korean market. The exchange has revealed that it is ready to

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Facebook Starts Accepting Crypto Ads But Says No To CFDs

Facebook has got itself into a lot of hot water over the last 2 years but it still continues to be the number one social media advertising platform in the world for millions of businesses. When Facebook banned cryptocurrency-related ads,

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IEOs Now Gaining More Attention From Global Investors

Initial Coin Offerings (ICOs) used to be hottest thing around when it came to crypto-investments. However, that bubble has burst as many ICOs being proven to be a bad choice. Now, the investment world is buzzing with a different investment

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