Bitcoin is Being Increasingly Regulated Across the Globe
Countries are reiterating tax specifications as Bitcoin becomes increasingly regulated around the globe amid rising price and popularity. Bitcoin Taken Seriously, Increasingly Regulated. Starting the year in the $1,000 USD range, Bitcoin has had an eventful month and January isn’t even over yet! So far, we’ve seen many countries take a new stance on Bitcoin in regard to regulations and taxes. Although this may cause some commotion in the short-term, as seen with the Public Bank of China inspections, which led to a crash in the price, it’s actually great news for Bitcoin. It means countries....
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Western Union CEO Hikmet Ersek has said his company is open to the idea of using bitcoin, but only once the digital currency is fully regulated. In an interview with Bloomberg TV, Ersek discussed how the company deals with security concerns and its role as a global jobs creator. However, the bitcoin bombshell is what makes the interview most interesting for cryptocurrency enthusiasts and investors. Regulation vital. When asked about the potential threat coming from bitcoin, which offers a far cheaper way to move value around the globe, especially considering Western Union's "expensive"....
Through a partnership with Bitcoin merchant payment processor GoCoin, the U. S. -based gambling website DerbyJackpot.com will now accept Bitcoin for betting on horse races around the country. DerbyJackpot.com becomes the first U. S. -regulated gambling site to accept the digital currency. Bitcoin gambling websites have existed for a long time but have mostly remained in the underground economy or have blocked U. S. customers. DerbyJackpot.com will be the first place American citizens can legally gamble with bitcoin. "Having spent the last 18 months circling the globe educating gaming and....
Nasdaq-listed trading platform Robinhood is acquiring Ziglu, a London-based electronic money institution and crypto asset firm. The acquisition is part of Robinhood’s international expansion plan. Robinhood “sees a big opportunity in serving customers across the globe.”
Robinhood Acquiring Regulated Crypto Firm Ziglu
Popular U.S.-based trading platform Robinhood announced Tuesday that it has signed an agreement to acquire a regulated cryptocurrency firm Ziglu.
Citing its mission to “democratize finance for all,” Robinhood....
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Globe Token (GDT) under the pair USDT/GDT on Apr 22 at 1:00 p.m. UTC. Globe aims to be the global cryptocurrency derivatives trading platform of choice for traders. It is the first digital asset derivatives trading platform designed and developed to offer microsecond core latencies, burst message processing rates over ten million, and stable millisecond core cloud API. Globe is the inventor of bitcoin VIX futures.....
AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Globe Token (GDT) under the pair USDT/GDT on Apr 22 at 1:00 p.m. UTC. Globe aims to be the global cryptocurrency derivatives trading platform of choice for traders. It is the first digital […]