There have been many FUD resulting in the whole cryptocurrency market downtrend. Including some China-based activities also. This time Chinese government calls for a crackdown on trading and mining cryptocurrencies. If you read my recent Bitcoin analysis articles, you know I haven’t been talking about the fundamental category. Talked about the Technical part instead. I […]
Tag: Legal
The Largest Cryptocurrency Exchange is Under Investigation by the Department of Justice
The best and the largest cryptocurrency exchange by market volume, Binance is facing an investigation by the U.S Internal Revenue Service and the Department of Justice. The IRS (Internal Service Revenue) of the U.S is responsible for collecting taxes administering the Internal Revenue Code. What the IRS does are providing tax assistance to taxpayers; pursuing and […]
Centra Tech Co-founder Sentenced to 8 Years in Prison. Here’s Why
The United States, Miami-based company named Centra Tech’s Co-founder “Sam Sharma” has been sentenced to eight years of prison for conducting an illegal Initial Coin Offering that took $25 million of investors assets. Back in July 2017, the following person and his team held an ICO (Initial Coin Offering). The investors who had believed Centra […]
No More Cryptocurrencies in India. Here’s Why
Indian parliament will soon be introducing a complete ban on cryptocurrencies claimed by an anonymous source has to be a member of the senior Indian Finance Ministry. This is not a good thing for the whole cryptocurrency industry because India is the world’s 2nd largest country by popularity. According to a report by Bloomberg, while […]
The Central Bank of Kyrgyzstan to License for Cryptocurrency Exchanges
The National Bank of Kyrgyz Republic is on the move to introduce a licensing platform to cryptocurrency exchanges. But with also providing a safer investing environment. The Chairman of the Central Bank or the NBKR officially mentioned these in a live broadcast of Birinchi radio. According to his statement, If you want to buy bitcoin, […]
