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Crypto News From Turkey: Nov. 2-Nov. 9

Turkey’s president asks for completed testing of the digital lira by the end of 2020 as local fraudsters rake in 600 BTC among crypto news from Turkey this week. In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Turkey, President Recep Tayyip Erdogan directed the government to finish testing...

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Tunisia to Launch E-Dinar National Currency Using Blockchain

Russian ICO startup Universa will issue and manage Tunisia’s central bank digital currency. Tunisia has become the first country to start moving its national currency to a blockchain platform. Russian ICO startup Universa will help issue and manage Tunisia’s Central Bank Digital Currency (CBDC), reported Russian news agency Tass on...

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Her Majesty the Queen Rules Out Crypto as Currency

New U.K. crypto tax policy paper: Crypto is an asset and subject to capital gain tax. Only a few weeks after the United States Internal Revenue Service published new guidance for crypto taxation, the United Kingdom’s tax, payments and customs authority, Her Majesty’s Revenue and Customs, has updated its cryptocurrency...

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Bitcoin Price Hovers Under $8,800 as Top Altcoins See Minor Gains

Most of the top 20 cryptocurrencies are reporting minor gains as Bitcoin hovers under the $8,800 mark. Saturday, Nov. 9 — most of the top 20 cryptocurrencies are reporting minor gains on the day at press time, as Bitcoin (BTC) hovers under the $8,800 mark again. Market visualization courtesy of...

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Are Bitcoin and Other Cryptos Back in a Bear Market After Latest Drop?

While the latest drop in Bitcoin price below $9,000 should not be a cause for concern when zoomed out, certain key levels must hold to renew bullish sentiment. On Nov. 8, Bitcoin corrected from $9,200 to $8,650, causing the market sentiment to shift from greed to fear once more. The correction...

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Tether Supports Peter McCormack’s Defense Against Craig Wright

Leading stablecoin operator Tether now supports the defense of crypto podcaster Peter McCormack against self-proclaimed Bitcoin creator Craig Wright. Leading stablecoin operator Tether has announced it will support crypto podcaster Peter McCormack in a lawsuit against self-proclaimed Bitcoin (BTC) creator Craig Wright.General counsel for Tether and cryptocurrency exchange Bitfinex, Stuart...

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The Power in Energy, and How New Technologies Can Shift It

Emerging technologies have the potential to impact climate change and shift society’s makeup to be more sustainable and accessible to all. The world is slowly, but very surely, turning its attention to climate change, and to the human activities that are having the largest impact. The recent U.N. General Assembly on Climate...

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Bakkt Bitcoin Futures Trading Volume Just Hit Another All-Time High

Bitcoin futures daily volumes on digital asset platform Bakkt have hit a new all-time high with 1,741 futures traded on Nov. 9. Bitcoin (BTC) futures daily volumes on digital asset platform Bakkt have hit a new all-time high, with 1,741 futures traded on Nov. 9.Bakkt announced the new record, stating: “Today...

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Weaponizing Blockchain — Vast Potential, but Projects Are Kept Secret

“Emerging technologies such as blockchain have the potential to define the war industry over the coming decades,” former NATO Secretary General Rasmussen tells Cointelegraph. When Indian Defense Minister Rajnath Singh said that blockchain and artificial intelligence would “revolutionize war,” as Cointelegraph reported on Nov. 4, did he take things a...

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10% of MoneyGram’s US-Mexico Business is Crypto-Enabled

We asked for more context on the soundbyte statistic. An estimate by the World Bank pegged 2016’s global remittance market at $573 billion, and a whopping $422 billion of that went to developing countries.The simple act of transferring money from one country to another — more formally known as remittance...

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