Russia’s Central Bank Drafting Proposal to Classify Bitcoins as Digital Goods

The Central Bank of Russia has proposed classifying cryptocurrencies including bitcoin as digital goods for tax purposes, according to local publications. The draft proposal is due in one month. Also read: Russia Considers Recognizing Bitcoin in 2018 to Fight Money Laundering Classifying Bitcoins as Digital Goods The Deputy Governor of the Central Bank of Russia,[…]

Bitcoin Helps Venezuelan Families Avoid Starvation

On May 24 a cryptocurrency enthusiast revealed that bitcoin was saving his parents and sister from suffering from starvation. The U.S. resident says his family lives in Venezuela and bitcoin is giving them the opportunity to purchase food and pay bills while the economy crumbles around them. Also read: South Korean Bitcoin Exchanges Trade $1000 Over[…]

South Korean Bitcoin Exchanges Trade $1000 Over Global Average

Bitcoin is shining brightly in South Korea as the price per BTC in the region has reached upwards of $3500-3800 across the country’s top three exchanges. Many traders are finding significant arbitrage opportunities due to South Korean spreads being over $1000 higher than the global average. Also read: Korea Steadily Becoming a Cryptocurrency and Fintech Hub […]

Leading Japanese ATM Manufacturer Oki Gets into Bitcoin ATM Business

As the number of merchants accepting bitcoin in Japan grows, companies are incorporating the digital currency into their business models in different ways. Japan’s leading printer, info-telecom and ATM manufacturer, Oki Electric Industry Co Ltd, has entered into the Bitcoin ATM business. Their first line of Bitcoin ATMs is launching this month. Also read: The Japanese[…]

The Token Fund Collects $1 Million in Digital Assets

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The recently released Token Fund – which is a new approach[…]

Bitcoin Pizza Day: Reliving the Memories and Forging New Ones

Today cryptocurrency enthusiasts around the world are celebrating the notorious “Bitcoin Pizza Day” where two Papa John’s pizzas were purchased for 10,000 BTC. Not only is the transaction deemed the first bitcoin exchange for real-world value, the trade is now appraised at US$20 million at today’s exchange rates. Also read: Asset Managers Recommend Bitcoin to Hedge[…]