Daily Archives: April 9, 2019

Western Union Partners With Crypto Wallet for Cross-Border Transfers

n nn nn Crypto wallet provider Coins.ph has partnered with U.S. financial service company Western Union to enhance cross-border transfers to the Philippines.The partnership will grant over 5 million Coins.ph users access to both local and international payments transferred into their digital asset wallets.According to Coins.ph, the decision to partner with Western Union was based on its desire to ensure ...

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French Stock Market Regulator Issues Warning About Crypto-Related Firm

The Autorité des marchés financiers — France’s finance watchdog — has warned the public against a firm offering crypto-related services Cointelegraph.com News

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Chinas Proposed Mining Ban Could Be Detrimental to Bitmain

n nn nn Chinas state planning agency, the National Development and Reform Commission NDRC, has indicated an interest in banning cryptocurrency mining in the country through a notice published online in Mandarin.The report stated that the NDRC will include cryptocurrency mining activities to a list of sectors that could be shut down based on their violation of local regulations, wastefulness, ...

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TrueUSD Audit Shows Full US Dollar Backing

TrustToken, the organization behind the TrueUSD stablecoin, announced that an independent audit found that its tokens had full backing in U.S. dollars Cointelegraph.com News

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Founder of Mt. Gox Creditors Cooperative Resigns, Says Settlement Could Take Years

Four days ago, news.Bitcoin.com reported on the April 3 notice to Mt. Gox creditors from the court’s civil rehabilitation trustee Nobuaki Kobayashi. Now a disclosure stemming from the founder of Mt. Gox Legal explains that the coordinator, Andy Pag, is leaving the ongoing legal battle because he thinks the process could take years to settle the case. Also read: Uyen ...

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China’s NDRC Wants to Ban Crypto Mining: Another Clamp Down

According to Reuters, China’s state planner wants to ban Bitcoin mining. The National Development and Reform Commission (NDRC) has updated a draft list of industrial activities that it is looking to encourage, restrict, or eliminate. The list was first published in 2011. NDRC Wants to Ban Cryptocurrency Mining Unfortunately for crypto enthusiasts, cryptocurrency mining has made the elimination list. The ...

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Cashaa Hopes to Bridge Crypto and Traditional Finance

n nn nn Cashaa is on a mission to bank the unbanked and wants to leverage Bitcoin to accomplish it.Bitcoin has long been touted as a way that anyone can be your own bank. But such promises can be misleading Although bitcoin itself provides some opportunities for individuals and businesses to manage their own money in ways that are not ...

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Another tax headache ahead: IRS is changing paycheck withholdings and it'll be a doozy

The IRS is changing how you adjust your paycheck withholdings, and it won’t be easy.           GANNETT Syndication Service

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