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By the summer of 2018, the government and the Central Bank will have to develop a procedure for taxation and registration of companies engaged in cryptocurrency mining. This order was given by President Vladimir Putin
The State Bank of Vietnam (SBV) finalized the legal framework for cryptocurrencies in the country following the orders of Vietnamese Prime Minister Nguyen Xuan Phuc earlier this year.
Belarus has launched its own cryptocurrency, the thaler. Its creators, a group of Belarusian economists, IT specialists and journalists, emphasize that their brainchild will not compete with the Belarusian ruble, its task is to help attract investment into the country’s economy and help the development of small and medium-sized businesses.
Andreas Antonopoulos is known as the author of the best-selling books Mastering Bitcoin and The Internet of Money, as well as for his brilliant speeches at various conferences and events, in which he mercilessly exposes the hypocrisy of the corrupt financial system and talks about the advantages of Bitcoin.
Two of the largest US exchanges have announced their intentions to trade Bitcoin, drawing regulators into a new ecosystem that many skeptics call a “hoax and a scam.”
This Thursday, the largest online gaming platform, Steam, announced that it will not accept cryptocurrencies as payment for its services. Steam first began accepting payments in Bitcoin in mid-2016, after several years of discussions about the possibility of introducing such a service. The reason for the abandonment of cryptocurrency was not only the volatility of Bitcoin, but also high commissions in the system, which increased almost 10 times compared to last year.
Bitfury Vice President George Kikvadze is confident that it is time for Tesla to start accepting Bitcoin as payment for cars. Using Twitter, he reached out to Elon Musk.
Odessa shipping company Varamar is negotiating the first Bitcoin payment with a client, says the founder of the company, Alexandra Varvarenko. Bitcoin will make it easier to work with clients in countries affected by sanctions and will reduce the bureaucracy associated with traditional bank payments, the entrepreneur explained.
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