Super-Rich Indians Choose Bitcoin Over Altcoins for Investment: Poll

High net-worth individuals (HNIs) in India are more likely to invest in Bitcoin than other cryptocurrencies, according to a new Huru India survey, FinancialExpress reported on Aug. 30.Digital currencies were the fourth most preferred asset overall, although almost half of the respondents didn’t know what cryptocurrencies are.One tenth of

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Bitcoin SV Leads Intraday Recovery Despite Craig Wright’s Billions Blow

Bitcoin SV is up over 5 percent on Friday's trading, leading a stuttering crypto market recovery. | Source: Shutterstock Bitcoin SV (BSV) is delivering better returns than rival assets this Friday even after its founder Craig Wright’s embarrassing loss in a recent courtroom battle. As of 11:00 GMT, the BSV-to-dollar exchange rate

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Venus Project Will Court Regulators, Avoid Facebook’s Mistakes

Cryptocurrency exchange Binance has said that it will learn from the regulatory issues that have plagued Facebook’s proposed Libra digital currency. In an interview, Aug 29, Binance co-founder He Yi claimed that the company will engage with regulators from day one regarding its Venus stablecoin project. He also confirmed previous

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Portugal Reiterates a Tax Free Policy for Cryptocurrency Earnings

Cryptocurrency payments and trading using digital currencies are now tax free in Portugal, the European country’s tax authority has clarified. It should be noted that there is no income tax on cryptocurrency earnings in the country.Local Business newspaper Jornal de Negócios has reported earlier this week that the relevant tax

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Securities Exchange MERJ Plans ‘World’s First’ Security Token IPO

Seychelles-based securities exchange MERJ — which listed the first regulated security token on a national stock market — plans to distribute its equity to Europe via a partnership with blockchain service provider Globacap.A Globacap press release published on Aug. 29 revealed that MERJ now plans an initial public offering

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