In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
Coinbase, the largest crypto broker and one of the most popular cryptocurrency exchanges, has launched a new service for customers that allows them to easily make payments in cryptocurrency by clicking the Coinbase Commerce button, which is almost identical to the PayPal button.
16 out of 30 deputies voted for this law. “The taxpayer will now be able to pay income tax using bitcoin, litecoin or any other cryptocurrency recognized by the department using electronic payment systems,” the bill says.
As DW reports, at the All-Russian Research Institute of Experimental Physics, which is located in the Nizhny Novgorod region, several employees were detained for mining cryptocurrencies on powerful office computers.
According to Reuters, citing The Register, due to a hacker attack, 4,200 sites in the US and UK were mining the Monero cryptocurrency from user computers. Moreover, some of them belonged to government organizations.
Designer and entrepreneur Michelle Monet and her billionaire boyfriend, Doug Barrowman, recently sold 50 apartment projects in Dubai for bitcoin.
The number of miners is increasing, governments are considering adopting a regulatory framework for the operation of crypto exchanges - all this can be read in the news feeds of the countries of the post-Soviet space. The past week was also rich in “crypto news” from the countries of the former CIS.
French and German authorities are working on a project to create a supranational body of the European Union, which will have jurisdiction over the regulation of cryptocurrencies. The project is due to be presented at the G20 summit. All other participating countries only declare the need to discuss the topic of digital currencies.
Cryptocurrency volatility was a harbinger of the stock market's worst week in years. Tom Lee, an analyst at Fundstrat Global Advisors, acknowledged that Bitcoin's decline was an indication that the stock would be next.
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