Bitsonline heads back to Denver next week for the CryptoCannabis conference, to find out more about an industry that could potentially be worth over $31 billion USD by 2021 -- yet continues to exist in a legal grey zone. Again, we expect to ask (and hopefully answer) the perennial question: Can bitcoin and cryptocurrencies help here? Also see: Verge Hooks up with Pornhub to … [Read more...] about CryptoCannabis Still Seeking New Financial Solutions for a Lucrative Industry
Regulation
Regulation
Crypto Exchanges in Chile Left out in the Cold
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The domestic cryptocurrency market in Chile has been frozen in its tracks. Local crypto exchanges have had their bank accounts suddenly closed without notice, rendering them unable to provide services to their thousands of customers. Also read: Under the Wing of ConsenSys Capital, Token Foundry Launches Join the Bitsonline Telegram channel to get the latest Bitcoin, … [Read more...] about Crypto Exchanges in Chile Left out in the Cold
Latvia Could Impose 20% Tax on Cryptocurrency Transactions
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The Baltic nation of Latvia has recently witnessed a rise in crypto activity, prompting the government to consider taxing cryptocurrency transactions. The Latvian government's intention to introduce taxation on digital currency transactions is a way to cash in on the crypto craze, as other European governments have done. Also see: Cipher Browser Is Joining Coinbase, Will Be … [Read more...] about Latvia Could Impose 20% Tax on Cryptocurrency Transactions
Real-World Cryptocurrency Use on the Rise in Russia
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It may be still a while before the Russian government makes digital currencies legitimate, but de facto crypto use in the country is on the rise. Hotels that will accommodate World Cup fans have promised to accept cryptocurrencies, a leading state-controlled bank is preparing to launch crypto transactions, and now Russia's first offline exchange outlet has opened in … [Read more...] about Real-World Cryptocurrency Use on the Rise in Russia
China’s Hangzhou Blockchain Industrial Park Opens With $1.6 Billion Backing
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On April 9th, 2018, during the inauguration of China’s Hangzhou Blockchain Industrial Park, a $1.6 billion USD innovation fund was presented by the Xiongan Global Blockchain Innovation Fund, to provide a financial push to promising Chinese blockchain startups. Also see: Barclays Bewilders Investors with Baffling ‘Bitcoin Infection’ Analysis Join the Bitsonline Telegram … [Read more...] about China’s Hangzhou Blockchain Industrial Park Opens With $1.6 Billion Backing
