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Thailand Set to Legalize Cryptocurrencies as an Asset, Not a Currency

Thailand’s Revenue Department is set to propose that the cabinet amend the revenue code so they may classify cryptocurrencies as digital assets and tax them at a 10% capital gains rate. The authority to initiate the regulations is derived from a ‘royal degree’ to more comprehensively regulate cryptocurrencies and ICOs. A royal degree empowers the government to act on issues ...

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Payza Integrates Dash, Adding 100K Merchant Integrations & 10-15% Dash Discount

Payza online e-wallet and payment processor has integrated Dash, bringing it to 100,000 online merchants and offering a special promotional Dash discount. Currently servicing 190 countries and 16 million members, Payza is an online payment processor and exchange that supports 26 currencies worldwide. Payza recently announced that it had integrated full Dash support, the first cryptocurrency added after Bitcoin, allowing ...

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Google to Ban Cryptocurrency Ads, Deepening “Crypto Blackout”

Google has announced that it will be cracking down on cryptocurrency-related advertising, furthering the “crypto blackout” online. According to new policies relating to financial services to be rolled out in June, among newly banned content will be anything related to cryptocurrency: “Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading ...

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Cryptocurrencies Offer Solutions that Were Unforeseen Years Ago.

Qarnot, a french startup designed a heater that generates heat by mining cryptocurrency. The QC1 features a passive computer optimized for mining to meet “the heating needs of consumers,” said Qarnot co-founder and COO Miroslav Sviezeny. The QC1 uses two AMD GPUs (Sapphire Nitro+ Radeon RX580 with 8GB of VRAM) and mines Ethers by default but this can be changed ...

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Dash Added to BACE, CoinSwitch, Styx24

Dash has been added to three new exchagnes: BACE, CoinSwitch, and Styx24. Last week, BACE announced that Dash would be the next coin added to its trading platform: Glad to announce that we can confirm our next listing, which will be going live on BACE: $Dash #Dash Stay tuned to trade Dash against fiat on a swiss based exchange.https://t.co/e4O7AwQeMt pic.twitter.com/wLWgHhn2vH ...

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Crypto Misery Index Signals Good Times Ahead

A ‘misery index’, a contrarian index for Bitcoin created by Fundstrat Global Advisors, is at the lowest point since September 6 2011, 18.8, signaling a buy. The misery index ranges from 0 to 100 and whenever the index drops below 27 it is a signal that a Bitcoin price increase is ahead. The index is meant to be contrarian to ...

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Deep Fried Crypto Chicken: The Chicken/Egg Problem

Tim Draper recently declared, “Only cryptocurrencies will be used For payments in 5 years” (Tahir). That’s pretty bold. But he may be onto something. Even if he is not precisely on target with his prediction, he may not be as wildly bullish as one may initially think. It is generally agreed that for an asset to be a currency, it ...

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Mt. Gox Trustee Selloff Partially to Blame for Crypto Price Plunge

Note: To maintain consistency with quoted reports, Bitcoin Cash’s old ticker BCC is used in this article Attorney and bankruptcy trustee for failed Mt. Gox exchange recently revealed his massive selling positions of Bitcoin and Bitcoin Cash on the open market, which plunged cryptocurrency prices. Based out of Tokyo, Nobuaki Kobayashi, is responsible for handling the funds acquired from Mt. ...

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FirstCryptoETF to Set up Dash Masternode

A new token, which calls itself FirstCryptoETF, will be setting up a Dash Masternode and distribute rewards as “dividends” to token holders. The new token will pay the 1000 Dash collateral, currently valued at a little under $500,000 USD, to set up a Dash Masternode. Dash Masternodes get 45% of the mining rewards, which is around 2 Dash per Masternode ...

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Dash at International Blockchain Summit in Moscow

The International Blockchain Summit took place in Moscow on 1st of March attracting more than a thousand blockchain enthusiasts.  The event featured thirty respected blockchain keynote speakers from all over the world. Among the speakers – Roman Kaufman ‘The main trends of cryptocurrency in 2018‘, Dmitry Kryshtal and Sergey Sergienko ‘3 stages of development of a blockchain-project‘, Jeff McDonald ‘Practical implementation ...

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