Crypto ‘Here to Stay’ but Needs Classification, Says European Commission Vice President

The European Union (E.U.) will focus on the development of crypto asset classification and regulatory mapping, European Commission Vice President Valdis Dombrovskis claimed at a recent meeting of Economic and Financial Affairs Council (Ecofin) in Vienna.According to Dombrovskis, crypto assets are “here to stay,” and the crypto market still

Read More

Former Legislator Remanded in Custody in Connection With Bitcoin Extortion Case

Nalin Kotadiya, a Bharatiya Janata Party (BJP) official and former Member of the Legislative Assembly (MLA), has been remanded in custody for ten days in connection with a $1.3 million Bitcoin (BTC) extortion case, the Times of India reported September 10.A special anti-corruption court has reportedly remitted Kotadiya in

Read More

Tired of Bank Bailouts and Hyperinflation? Bitcoin Offers Something Different

People often wonder why a cryptocurrency with a limited supply like bitcoin has been gaining traction over the years. Since the 2008 financial crisis, the world’s central banks have printed around $12-30 trillion worth of promissory notes, and more than $10 trillion in negative-yielding global bonds. However instead of

Read More