In October, the government of Japan hinted its plans to ease the process of taxing crypto investments to refrain impractical taxation frameworks from negatively affecting the local market. Continue reading Japanese Regulator Aims to Reduce Crypto Tax to Revitalize the Market
For much of the year, the bitcoin mining industry appeared to be impervious to the crypto market downturn, as the flagship cryptocurrency’s hash rate continued to climb even as the BTC price halved — and then halved again. In recent weeks, however, cracks have begun to form in this sector as well. Continue reading Bitcoin Mining Industry Under Considerable Stress
As we previously reported, Circle’s Poloniex participation in the stablecoin wars is evident in their decision to not charge fees on use of USDC on their platform. For the month of November, trades in USDC were not charged any fees at all. According to an e-mail blast from Poloniex, this amounted to more than $500,000 in trading fees not accrued by them. Continue reading Poloniex Extends Fee-Free USDC Trading
Abu Dhabi National Oil Company (ADNOC) has partnered with IBM to pilot blockchain-based transaction management for its commodities right from the oil wells through to its end customers. Continue reading Abu Dhabi National Oil Company Partners IBM to Pilot Blockchain Across its Value Chain
Overstock.com – No list is complete without Overstock, the company run by crypto-believer Patrick Byrne which owns a Medici Ventures, an important mover and shaker in the blockchain space.
Fancy.com – A feminine-focused site that sells household goods and fashionable merchandise. Everything from couches to high heels. Continue reading Online Companies Who Accept Bitcoin As Payment