The creation of competing altcoins is likely to place downward pressure on the prices of all cryptocurrencies, including Bitcoin (BTC). This conclusion was found by research conducted by the Federal Reserve Bank…
Blockchain Research Now Granted Tax Credit in South Korea
South Korea’s government has added blockchain to the fields of research and development eligible for a tax credit meant to boost innovation, English-language local media TheNews.Asia reports on Jan. 8. The local Ministry of Strategy and Finance…
Malaysian Government Reportedly Still Undecided on Whether to Legalize Crypto
The Malaysian government is reportedly still undecided whether to legalize cryptocurrencies, English-language local media New Straits Times reports on Jan. 12. When answering a query about whether digital currencies are currently legal or illegal, Khalid…
Lawyers Rush In: New UNH Blockchain Program Nabs Big-Name Speakers
It’s not a bear market for everyone. “A crypto winter for the price is a crypto summer for attorneys,” said Jason Civalleri, adjunct professor at the University of New…
Thai Finance Ministry Awards Licenses to 4 Crypto Firms, Rejects 2
Thailand’s Ministry of Finance has granted digital asset business licenses to four crypto firms, while rejecting two other applications. The news was announced Tuesday by the country’s Securities and Exchange Commission…
Two Thirds of Korean Crypto Exchanges Fail Government Security Check
Only a third of cryptocurrency exchanges inspected got a full pass in a recent government security audit. The Ministry of Science and ICT, the Korea Internet & Security Agency…
Venezuela Calls US Sanctions Against Its Petro Cryptocurrency ‘Discriminatory’
Venezuela is pushing back against U.S. sanctions before the World Trade Organization, including ones imposed against its controversial cryptocurrency efforts. The complaint, filed late last month and published this week,…
Ukraine: Overregulation Prevents Crypto Development, Says Central Bank Official
Overregulation in Ukraine is reportedly preventing the cryptocurrency industry from evolving in the country. An official of the Ukrainian central bank (NBU) told this to a local crypto news outlet LetKnow Tuesday, Jan. 8. Mikhail Vidyakin, the…
France’s Yellow Vests Plan Bank Run to ‘Scare State Without Violence’
French grassroots political movement the Gilets Jaunes — Yellow Vests — is planning a bank run similar to Bitcoin’s (BTC) Proof of Keys, sources revealed on social media Jan. 7. Dubbed the “Collectors’ Referendum,” the…
Litecoin’s Charlie Lee: Decentralized Crypto ‘Must Be Susceptible to 51% Attacks’
A decentralized cryptocurrency is by definition vulnerable to 51 percent attacks, the creator of Litecoin (LTC) Charlie Lee stated in a tweet Jan. 7. In the wake of recent news about unusual mining activity on…
