https://t.co/o1Ai95yGkw
The survey, which saw 15,000 Europeans from 15 different countries answer questions about #crypto, revealed that 51% of the respondents believe #cryptocurrencies can be spent in most stores.
https://t.co/LnVVGmIe9k
The EU has no specific regulations on #cryptocurrencies, which, until Libra was announced in June, had been considered a marginal issue by most decision-makers because only a fraction of #bitcoins or other #digitalcoins are converted into euros.
“HMRC expects individuals to buy and sell cryptoassests with such frequency, level of organization and sophistication that the activity amounts to a financial trade in itself.”
https://t.co/ZjNymDtmq8
However, while other countries are struggling to draw the line between personal activity and professional trading, the HMRC states that crypto would fall into the definition of business activity "only in exceptional circumstances,” continuing:
https://t.co/t2WsyWdbGt
The world has become increasingly fascinated with #cryptocurrencies and the ways they are enabling greater access, such as being able to send funds to remote places or securing #capital for small businesses.
[..] the potential of blockchain technology in enabling a new
system of value that will better support the dynamics of social sharing [..]
Full read available on the link below by Alex Pazaitis, Primavera De Filippi, Vasilis Kostakis
[..] when it comes to creating ecosystems that support FinTech advancements, this leadership is by far not guaranteed in the future. Many neighboring governments plan to compete in order to strengthen their FinTech ecosystems [..]
Ethereum (ETH) team announced they are shifting from Proof of Work to Proof of Stake.
How does this affect any coin holders?
#ethereum#proofofwork#proofofstake
"I don't think you should launch Libra at all," said US congresswoman Carolyn Maloney at a hearing in Washington in July. US President Donald Trump, leaders of the G7 nations, and the head of the Bank of England, Mark Carney, have all expressed concerns about Libra, too.
https://t.co/RdNN91d8QR
As the crypto winter of 2018 — Q1 2019 is officially declared “over”, it’s time to have a look at the damage done to the blockchain sector. An exhaustive list of over 1600 defunct coins can be found on https://t.co/PxaH09iWEl.
#cryptowinter#cryptonews
Christine Lagarde, the newly-nominated European Central Bank (ECB) President, might bode well for the crypto industry as she presents a balanced perspective about cryptocurrencies.
https://t.co/KQR65HH4mI
[..] more than 52% said they were not at all likely to purchase cryptocurrency [..] challenging our current views on money and the physical world.
Could project Libra bridge the gap?
#genz#crypto#projectlibra
https://t.co/wwPGtSMPgZ
JUST IN: Facebook has reportedly lined up Uber, PayPal, Visa and others to invest $10 million each in the consortium governing its secretive crypto project. https://t.co/lFstb664LO @nikhileshde writes
https://t.co/ywCrq8mWuE
[..] Bloomberg's report on 7 June, which talked about the 'Banning of Cryptocurrencies and Regulation of Official Digital Currencies Bill 2019' draft being "circulated to relevant government departments[..]
#socialpolis#spl#cryptonews#cryptocurrency