Vigen Arushanyan: The current use of blockchain is evolution, however I expect a revolution
When are cryptocurrencies to be legalised in Armenia and how profitable is mining in the country? These and other questions were answered by the president of the Armenian Blockchain Association Nooor Vigen Arushanyan in his interview for LetKnow.News.
Expert: Part of Ripple code was written in Armenia
“Many blockchain developers work in Armenia, however interest in the industry as a whole is declining,” concludes Vigen Arushanyan, the President of the Armenian Blockchain of Nooor Association, in an interview for LetKnow.News.
Armenian IT Company Accused of Illegal Electricity Use to Mine Crypto
An IT company in Armenia has been accused of illegally accessing electricity and using it to mine cryptocurrencies.
Peter Aven, Alfa Bank: cryptocurrencies will disappear - they’re just a fiction
The head of the bank never invested in digital money, but admitted that you can earn money on it
Vitalik Buterin: "Facebook's Libra is wakeup call for governments"
Ethereum cofounder and blockchain technology leader Vitalik Buterin tells "Globes" about the risks and challenges posed by cryptocurrencies.
Former US Congressman Harold Ford Jr. calls for ‘sensible’ crypto regulations at the federal level
Harold Ford Jr., a former Democratic Congressman representing Tennessee’s 9th District in the U.S. House of Representatives, has called for “sensible” regulations in the cryptocurrency sector at the federal level.
Swift to reveal European E2E payments pilot
Swift is gearing up to announce its latest end-to-end international payments pilot held across European borders.
Kim Dotkom: Fiat will cause the collapse of the old system
Fiat currencies are doomed and the future belongs to cryptocurrencies - announced a well-known Internet entrepreneur, investor and former owner of the largest file hosting Megaupload Kim Dotkom on his Twitter.
Louis Vuitton boss Bernard Arnault denies setting up a firm in Belgium to invest in crypto
Bernard Arnault, chairman and CEO of luxury goods brand Louis Vuitton (LVMH), has denied media reports that he had set up a firm in Belgium to invest in cryptocurrencies.
White House Advisory Says Cryptocurrencies Used for Fentanyl Purchases
The White House issued two advisories on drug purchases in the U.S. Wednesday, using the communications to make specific references to the role of cryptocurrencies in such transactions.
Blockchain Firm tZERO Adds Ravencoin to Supported Cryptocurrencies
Blockchain company tZERO added Ravencoin (RVN) to the list of cryptocurrencies supported by its tZERO Crypto cryptocurrency wallet and trading app.
Saudi Arabia Warns of Crypto Scammers Posing as Gov’t Projects
Saudi Arabia’s Finance Ministry has warned against crypto tricksters using the kingdom’s official emblem to promote tokens that purport to be tied to government projects.
Buy Gold ‘At Any Level,’ Mobius Says as Central Bankers Ease
Veteran investor Mark Mobius gave a blanket endorsement to buying gold, saying accumulating bullion will reap long-term rewards as leading central banks loosen monetary policy and the rise of cryptocurrencies serves only to reinforce demand for genuinely hard assets. Prices climbed.
The Apple Card, issued by Goldman Sachs, will not allow purchase of cryptocurrencies
The Apple Card is the most highly anticipated credit card in recent memory, an exclusive collaboration between the tech giant Apple and the financial services company Goldman Sachs. Ahead of the card's expected August launch, Goldman Sachs has posted the Apple Card customer agreement on its site.
Brazil Tax Authority Requires Reporting All Bitcoin Transactions Starting Today
Beginning today, Aug. 1, Brazil citizens are obligated to report on their crypto transactions with the country’s tax authority, the Department of Federal Revenue (RFB).
Expert explained why India wants to prohibit cryptocurrencies
“Indian authorities want to ban cryptocurrencies since they consider them dangerous for the system” - told LetKnow.News Vadim Popov, an expert in the field of cryptocurrency.
Prison for bitcoin: why India wants to prohibit cryptocurrencies
The authorities of the countries all over the world react towards cryptocurrencies differently. Japan, for example, creates its own blockchain analogue of SWIFT, and in China, citizens are prohibited from trading tokens and participating in ICO. Soon, India may also replenish the camp of haters. There they propose up-to 10 years imprisonment for the use of crypto.
Crypto-Focused Finance App Aximetria Wins License From Swiss Regulator
Aximetria, a firm offering a personal finance app for both fiat and cryptocurrencies, has been awarded a license from the Swiss Financial Services Standards Association (VQF).
Brazilian Trade Official Says Tax Reform Will Lead to Evasion Via Crypto
The head of a major Brazilian trade association, the Federation of Industries of the State of São Paulo (FIESP), said that Brazilians could start using crypto to evade taxes.
Expert explains why banks deny cryptocurrencies
Despite the fact that the banking sector is looking at blockchain with interest, in general, it shows some hostility towards cryptocurrencies. That’s what Dmitry Blakhov, the chairman of the Association of Blockchain Developers of St. Petersburg told in an interview for LetKnow.News.