The popular video game marketplace Steam will stop accepting bitcoin as a form of payment on their purchasing platform. On the morning of December 6th, the company announced the news on its website’s public forum, stating the change will be effective immediately.
Steam first began accep ...
Fintech startup Revolut have announced that users of its popular mobile banking app will be able to trade bitcoin, ether and litecoin from Thursday this week. They already offered fee free transfers between 25 world fiat currencies but according to CEO Nikolay Storonsky, “cryptocurrency ...
IOTA has overtaken ripple to become the world’s fourth biggest cryptocurrency by market cap. While investors have been preoccupied with bitcoin’s dramatic price rises this year IOTA has been exploding. By yesterday it had risen 900% in a month. In the last 24 hours it passed $3 for the f ...
Monero has hit $290, smashing its previous $210 high. Best known as perhaps the most privacy-focused of the cryptocurrencies, recent news events have increased public awareness and demand.
Though part of its price increase is surely down to the media coverage of bitcoin educating the p ...
The Philippines has set its regulatory sight on ICOs, a December 4th Bloomberg report revealed.
As Initial Coin Offerings have become more popular, top government officials have called for regulation of the industry. Nestor Espenilla, governor of the Bangko Sentral ng Pilipinas (BSP), b ...
Blockstack closed their initial coin offering on December 1st, selling a total of 440 million coins that racked up an impressive $50 million in revenue. The ICO launched back on the 16th of November and included no presale.
Presale or not, the ICO still saw plenty of attention from big ...
The introduction of bitcoin futures contracts to major American exchanges like the CME has been broadly seen as an institutional vote of confidence for the cryptocurrency, a move to the financial mainstream which has helped propel 2017’s extraordinary price rises. However, there are sign ...
The Indonesian government will enter the new year in arms against Bitcoin and its cohorts.
In an annual meeting held last week, Indonesia’s central bank officials announced their plan to institute an all inclusive ban on the purchasing, trading, and transacting of cryptocurrencies in 20 ...
The UK government plans to bring cryptocurrency exchanges into existing anti-money laundering and counter-terrorism legislation. The rules are expected to come into force throughout the EU later this year or early next.
A UK Treasury spokesman said:
We have clear tax rules for peopl ...
Venezuelan president Nicolas Maduro has announced plans to launch a new cryptocurrency, the “Petro”, backed by the country’s abundant oil and gas supplies. If successful the Petro would be the first digital currency issued by a country.
Maduro’s hope is that the Petro might offer a way ...
