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Venezuela Launches National Cryptocurrency

The government of Venezuela has turned to the world of cryptocurrencies in order to try and revive its ailing economy and escape both crippling debts and U.S. sanctions. The resource-rich nation has turned into a something of a digital asset pioneer by issuing a cryptocurrency officially backed by the state. The Petro Solution Despite being a…

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CME Group Set To Launch Bitcoin Futures

The CME Group, the world's largest derivatives exchange, has confirmed the completion of their self-certification with the Commodity Futures Trading Commission, which paves the way for the listing of Bitcoin futures contracts on December 18th. The CME is poised to add Bitcoin to its diverse range of futures and options that also include agricultural products, energy,…

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The IRS and Chainalysis: Pressure on American Bitcoin Investors

Investing in cryptocurrencies has enabled people to experience significant financial gains in a short period of time. Due to the somewhat secretive nature surrounding blockchain currencies, most casual observers would suspect that cryptocurrency assets are easily hidden away from all prying eyes; whether they come from official or unofficial sources. However, the practice of blockchain…

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