Cryptocurrency Billionaire Who Built N1 Exchange in 8 Months Cryptocurrency billionaire Changpeng Zhao has vaulted from obscurity to the cover of Forbes magazine in just 8 months. The founder of Binance, who goes by the name of CZ, has steered his company to…

Venezuela Tries To Pay Russian Debt With Cryptocurrency Venezuela hopes to pay off its US$3.15-billion debt to Russia with its new cryptocurrency. But Russian Finance Ministry announces it won’t be accepting digital coin. The head of the Russian Finance Ministry’s state debt…

Cryptocurrency Exchange Bitfinex Plans Move to Switzerland The 5th largest cryptocurrency exchange Bitfinex is moving from Hong Kong to Switzerland. As confirmed by sources close to Bitfinex, the exchange is already in talks with Swiss authorities. The CEO at Bitfinex Jean-Louis van…

Australia’s Crypto Tax Guidelines The government of Australia wants to see from the public about its tax treatment of digital currencies. On Monday the Australian Tax Office (ATO) said it has updated its guidelines for cryptocurrencies on Mar. 13, following an increase in…

It’s Better To Be a Miner, Than a Speculator: Cryptocurrency Study There can be higher profits for those, who starts mining a crypto-currency shortly after it is listed on exchanges. But a speculator who enters the market shortly after the currency is…

Crypto Exchange Huobi Registers With U.S. Government Huobi’s U.S.-based operation has registered with the U.S. government as a money services business ahead of a planned rollout of crypto-to-crypto trading this spring. According to the U.S. regulator’s database, HBUS Inc. is registered with…

UK Signals Towards Digital Assets There is a softened approach towards cryptocurrencies by British politicians, according to Financial Stability Board (FSB) letter with positive statements from Mark Carney. Britain’s City minister John Glen is sure that virtual money won’t do any harm to the…