With the issue of double-spending being solved, a lot of developers saw the road leading to the financial future. We can see the signs 10 years after bitcoin’s emerging
The Spanish government is searching for different ways to regulate virtual currencies and tax users. According to some reports, the Spanish government has approved a draft law that would obligate crypto holders to identify themselves and inform their exact holdings.
Contrary to previous notions held by many, a court in Shenzen has ruled that Bitcoin transactions can go on – seemingly – which means that we can expect to see Bitcoin transactions take an upward graph plotting and a reflection in prices in the coming weeks.
Binance has decided to expand its trading platform to the African continent. This time, the selected country has been Uganda. It will be possible for users in the country to purchase and sell virtual currencies for Ugandan shilling.
A number of documents released by the SEC indicate that it met with some official representatives from SolidX, VanEck, and CBOE Global Markets to have closed-door discussions on how to push further with a Bitcoin Exchange Traded Fund. It wasn’t until two weeks later when the SEC released a memo of the meeting that the public had a glimpse of what ensued in secret.
Cryptocurrencies expanded all over the world. They allow individuals and companies to send and receive payments in a fast and easy way. However, they have also been used by criminals in order to launder many and avoid paying taxes. This is why the Cabinet Council decided to fight against tax evasion.