Japan Pushes Cashless Agenda by Rewarding Non-Cash Payments After Tax Hike

Japan’s recent October sales tax increase took the rate from 8% to 10%, the previous such hike occurring in April of 2014, when the rate was raised from 5%. The increase is accompanied this time around by new government policy which rewards cashless payments by allowing merchants to provide effective “cash back” of up to 5% on purchases. Also Read: Popular Smartphone Apps Are Adding Crypto Capabilities More Japanese Are Going Cashless Japan loves cash. With paper and coin payments still accounting for close to half of all private final…

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Germany Barely Avoids Recession, Economy Remains Stagnated

The German economy, the largest and most influential in Europe, narrowly missed falling into recession last quarter. But with quarterly GDP growth averaging a little over 0% since the third quarter of last year, the Old Continent’s economic powerhouse is facing stagnation. Also read: Germany’s Financial Crisis Invokes 5-Year Rent Freeze Dodging Recession by a Hair With a seasonally adjusted 0.1% gross domestic product (GDP) growth in Q3 over the previous quarter, the German economy has surprised analysts who expected it to shrink by 0.1%. The good news comes on…

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Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners

Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday, Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry, described a new price model for mining operations and prices per kilowatt-hour (kWh) will fluctuate during certain months. Also Read: Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque Iran’s Energy Ministry Plans to Pay Anyone Who Exposes Illegal Bitcoin Mining Operations There’s been a lot of reports over the…

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Instant Crypto Exchange Changelly Secures Access to SLP Tokens

Instant cryptocurrency exchange Changelly will start to use digital asset rates from Bitcoin.com’s trading platform. This will ensure better prices for Changelly users and help increase the reach of all SLP tokens that are exclusively listed on Bitcoin.com Exchange. Also Read: Universal Protocol Alliance to List Mega-Utility Token on Bitcoin.com Exchange Changelly to Use Rates From Bitcoin.com Exchange Bitcoin.com Exchange has announced a new strategic partnership with instant cryptocurrency platform Changelly. The integration of the services will allow Changelly users to gain access to the market rates provided by Bitcoin.com…

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Ohio Attorney General Finds State Crypto Program Illegal

The Attorney General of the U.S. state of Ohio has assessed the state’s crypto program and concluded that it is a legal violation of state law. The state’s former treasurer skirted the law to launch a website that allowed 23 types of tax payments in cryptocurrency ahead of other states. Also read: US State of Ohio Accepts Bitcoin for 23 Types of Taxes Ohio’s Crypto Program Violates State Law The U.S. state of Ohio made headlines last year when it began accepting cryptocurrencies for 23 types of tax payments. The…

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Pornhub Suggests Crypto Payments After Paypal Censors Model Payouts

On November 14, the leading adult video sharing site on the internet, Pornhub, revealed that payment processor Paypal has blocked the company’s live performer payouts. In a blog post written on Thursday, Pornhub recommended alternative payments like writing a check or using the digital currency verge. Also read: Walk Like Nakamoto: 7 Anonymous Personalities in the Crypto Space Paypal Blocks Pornhub’s Live Performer Payouts — Crypto Advocates Suggest Accepting More Digital Currencies The adult entertainment web portal Pornhub is having issues with the payment processor Paypal. Pornhub has revealed Paypal…

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Ohio Crypto Program Hits a Snag, Attorney General Finds It Illegal

The Attorney General of the U.S. state of Ohio has assessed the state’s crypto program and concluded that it is a legal violation of state law. The state’s former treasurer skirted the law to launch a website that allowed 23 types of tax payments in cryptocurrency ahead of other states. Also read: US State of Ohio Accepts Bitcoin for 23 Types of Taxes Ohio’s Crypto Program Violates State Law The U.S. state of Ohio made headlines last year when it began accepting cryptocurrencies for 23 types of tax payments. The…

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Indian Government Programs Add New Crypto Courses

The Indian government has added new educational courses teaching cryptocurrency and blockchain technology to the public and law enforcement officers. Amid regulatory uncertainty and banking restrictions, cryptocurrency and blockchain technology remain important topics of study in India. Also read: Indian Supreme Court Postpones Crypto Case to November, New Date Confirmed New Course on Crypto and Blockchain A new course entitled “Introduction to Blockchain Technology and Applications” has been added to Swayam, a learning platform initiated by the Indian government’s Ministry of Human Resource Development. This eight–week, AICTE-approved course for undergraduates…

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BitOrb Exchange Raises $6.4 Million

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The BitOrb Exchange has successfully secured its funding round, raising a total of USD 6.4m. The round was led by the W-Rex Algo Trading Platform a product of the Wota Group. Additionally, the Wota Group will act as a strategic partner and help the BitOrb Exchange grow its network of traders, user acquisition…

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Bitcoin.com Wallet App Marks Over Five Million Wallets Created

The Bitcoin.com Wallet has now achieved a major milestone with over 5 million wallets created since the app launched just a little over two years ago. An upcoming version of the digital wallet app will add SLP token support and additional features. Also Read: Video: Bitcoin Cash Lets You Buy Equity Over the Counter at a Bar Bitcoin.com Wallet Continues to Grow Bitcoin.com today marks more than five million wallets created with the company’s official wallet app. The Bitcoin.com Wallet was launched back in August 2017 and quickly gained a…

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