Speculation Abounds Regarding Youtube’s Removal of Crypto Content

At least six crypto Youtube channels have reported in recent hours that their content is being removed under the site’s “harmful and dangerous” policy, with one popular channel claiming Youtube pointed to a “sale of regulated goods.” Chris Dunn is one of these, whose channel has over 200k subscribers and has had multiple videos removed in one fell swoop. There are at least five other channels reporting similar issues and even bans, as the space speculates about possible reasons for the new Youtube crypto purge. Also Read: PBOC Official: China’s…

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Crypto Confronts Social Justice Warriors 

“Many men are lamenting the “man-hating” rhetoric that they have imagined stemming from SJWs. It just so happens that many of these men are also heavily involved in cryptocurrencies due to the notion that Bitcoin can restore their libertarian ideals.”– Ross Chalmers, Coin Rivet. The following article is an oped by Wendy McElroy. Also read: The State Encourages ICO Fraud. The Free Market Minimizes It The Creep of Social Justice Cryptocurrency confronts cultural bias as surely as it does state power. One cultural influence is particularly hostile. Social Justice Warriors…

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Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell

Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to the local regulations postulate. Also read: Poles Hit With Backdated Tax on Crypto Trades Uzbekistan Amends Its Crypto Regulations The Central Asian republic made it to the crypto media headlines last year, when it legalized cryptocurrency trading and introduced licensing for exchanges with a presidential decree issued in the…

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Coinbase Closes Earn.com One Year After $100M Acquisition

Coinbase is shutting down the startup Earn.com which it acquired for an estimated $100 million last year. The email service allowed senders to pay users in digital currency for replying to commercial messages or completing tasks. Also Read: Coinbase Acquires Earn.com for an Estimated $100 Million Coinbase Says Goodbye to Earn.com San Francisco-based cryptocurrency trading platform Coinbase has reportedly decided to shut down Earn.com (formerly known as 21 Inc). The exchange notified clients of the decision via email, explaining that it is “sunsetting Earn.com to focus exclusively on Coinbase Earn,”…

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Thomson Reuters Launches Crypto Tax Tool

Tax authorities around the world are increasing their focus on crypto transactions and companies are rushing to help investors navigate the unclear regulations. The latest example is Thomson Reuters which has added a new tool for American tax payers to report crypto dealings to the IRS. Also Read: Thomson Reuters Eikon to Display Data on 50 Cryptocurrencies From Cryptocompare Thomson Reuters Gosystem Tax Now Supports Crypto Toronto-headquartered multinational mass media and information firm, Thomson Reuters Corporation (NYSE: TRI), has revealed that its Individual Gosystem Tax system is launching a “Virtual…

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Mnuchin Affirms $1.5 Trillion Unaccounted For, Still Demands Strict Bitcoin Regulation

U.S. Treasury Secretary Steven Mnuchin remarked last week that a reported $1.5 trillion in missing cash — mostly one hundred dollar bills — was “sitting in bank vaults all over the world.” The famously anti-bitcoin U.S. official noted that “there’s a lot of ‘Benjamins’ all over the world” and emphasized the strength of the currency as the main reason many in other countries wish to possess it. The remarks come off as flippant to some, considering Mnuchin is one of the leading pushers for financial regulation and anti-money laundering rhetoric.…

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Regulatory Roundup: New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto

In this roundup, we cover a wide range of regulatory developments in the crypto space. Much has transpired in the U.S., including a new crypto bill, SEC’s proposal, lawmakers seeking answers from the IRS, and the state of Michigan signing several crypto bills into law. We also cover France’s first-approved initial coin offering, a proposal for a unified Muslim crypto, India’s plans to produce 20,000 blockchain experts, and more. Also read: Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy New US Crypto Bill, SEC’s Proposal, Letter to…

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Bitcoin’s 2019 in Lightning: What This Year Brought Us (Part 2)

Read Part 1 of our series, Bitcoin’s 2019 in Tech: What This Year Brought Us, here. Even as we entered 2019 in a bear market, the receding bitcoin price was matched by a rising tide of excitement for and development on Bitcoin’s second layer payment protocol, the Lightning Network. Over the course of the year, we saw payment routing improvements, the introduction of mobile wallets, a flush of liquidity into the network and the emergence of Lightning fiat ramps. Oh yeah, and we also watched as a Lightning payment bounced…

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Blockchain Games: Huge Potential for Drastic Changes

The same way startups try out new tech, games often can be seen testing out new innovations. When it comes to blockchain games, the first game that comes to mind is CryptoKitties. The game is essentially a digital cat-breeder game on ethereum. Blockchain games have also allowed early adopters to experiment with the benefits of open protocols. Even at the moment, the top dApps by transaction volume are games. There is of course a big amount of skepticism when it comes to the blockchain gaming space. One of the biggest…

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Lawmakers Want Answers From IRS, Citing Major Issues With Crypto Tax Guidance

Eight lawmakers have sent a letter to the IRS seeking answers to new questions stemming from the latest crypto tax guidance. They pointed out a number of major issues including unwarranted tax liabilities for crypto users who unwillingly receive forked or airdropped coins. Also read: Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy Guidance Comes Years After Major Forks Eight members of the U.S. Congress have sent a letter to the Internal Revenue Service (IRS) requesting answers regarding the tax treatments of crypto transactions, pointing out major…

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