Up until this point in time, India’s stance towards the cryptocurrency market has been quite negative, due to a variety of discouraging statements and the digital currency trading ban. Now, recent reports indicate that the Indian Supreme Court has decided to lift the crypto trading ban imposed by the Reserve Bank of India in April…

If you are a long-term cryptocurrency user, chances are that you are aware of the previous Visa-based digital currency cards that allowed holders to spend their crypto at POS card terminals, or to easily withdraw cash at any ATM. After a few years of activity, Visa decided to cancel all crypto-based cards. Now, recent reports indicate…

Recent reports indicate that South Korea is actively considering the idea of releasing its very own digital currency, thus joining several other countries in this endeavor. As such, the Asian country is currently in the progress of setting up a task force, in charge of carrying out a thorough research of the opportunities and disadvantages…

For years, the tax situation associated with owning and using digital currencies has been unclear, due to the lack of standardization, alongside the existence of unclear and incomplete taxation policies. This situation is applicable throughout the world, yet states are slowly solidifying their taxation frameworks, to account for cryptocurrencies as well. There is an entire…

At this point in time, there are several countries with a stricter economy, which impose currency controls in an effort to limit the amount of capital that is sent outside the nation. Understanding currency controls South Africa is one of these countries, given the fact that citizens are limited to being able to send 1 million rand…

Over the last couple of years, the popularity of blockchain technology has increased considerably, thanks to its numerous advantages over traditional systems. For a while, governments, private companies, digital currency projects, financial institutions and numerous other entities have actively researched the opportunities associated with blockchain. At this point in time, the technology is ready for…

Over the last couple of years, governments and central banks throughout the world have been actively researching the opportunities and potential drawbacks of releasing central bank-based digital currencies. So far, China, Uruguay and Sweden are getting close to the official release of their CBDCs. Recent developments in the global payments market have encouraged other central…

The cryptocurrency sector has recently been shaken with news from China, where the People’s Bank of China, alongside government institutions, are reportedly hard at work developing and preparing the launch of the digital Yuan, a state-sanctioned digital currency that is bound to facilitate digital payments in the Asian country. However, reports also showcase China’s interest in…

So far, numerous case studies regarding blockchain’s usability as a voting platform have been carried out by local governments, NGOs and private entities. So far, the results look promising, in the sense that blockchain can easily facilitate secure and transparent voting, thus completely eliminating fraud, while also making the process more seamless. Despite this aspect, blockchain…

Despite its promising start, given the large number of companies that expressed interest in joining the project, Facebook’s Libra project is currently dealing with several challenges. This Monday, Facebook officially launched the cryptocurrency alliance, yet only 21 out of the 28 original backers participated. Backers no longer have Libra’s back According to recent reports, several backers have…