Peio Purlev by May 25, 2018

India may soon impose 18% goods and services tax on cryptocurrencies

It seems that, after months of imposing a negative narrative on cryptocurrencies, the Indian government may soon impose a GST tax on cryptocurrency trading. It is reported by Bloomberg, that the GST tax or goods and services tax will be 18%, and it will include digital currency trades, despite the fact that the…

Ellis Amoako-Agyei by May 12, 2018

Beer Vending With Cryptocurrencies; Is It Just For Buying Drinks Or A Blockchain Project

Consensus is fast approaching with less than two days to go and already we are beginning to see some of the things to expect. San Francisco-based startup Civic is surprising us already with the world’s first ever beer selling nagging which runs on cryptocurrencies.

Ellis Amoako-Agyei by May 7, 2018

Cryptocurrencies Face Yet Another Major Backlash In Switzerland

UBS’ chairman, Alex Werber, has made it clear this week that the bank is in no way supporting cryptocurrencies like bitcoin. Thus, cryptocurrencies to him aren’t even currencies at all to begin with.

Ellis Amoako-Agyei by May 4, 2018

Unicef Australia To Start Cryptocurrency In-Browser Mining

Unicef will be using Coinhive’s AuthedMine for the mining of the Monero cryptocurrency (as that is the only cryptocurrency supported by Coinhive at the moment). Whether Unicef will maintain the XMR tokens as they are or exchange them for fiat currencies right away is still to be determined.

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