Why it's hard for countries to adopt blockchain, Ukraine proposes tax on crypto income, Colorado as a 'blockchain hub', Google search can predict BTC price, Bangkok police arrested crypto fraudster, Binance wants a lot for token listing
- There is a number of reasons why countries have difficulties adopting blockchain including such fears as cowardice, the balance of power, change as well as corruption and maintenance of a control system.
- Ukraine is planning to introduce a tax on profits from cryptocurrency trading. The tax will amount to 5%, and there will be an additional 1.5% for the temporary military charge. If approved, the new tax will be in effect from 2019 to 2025.
- Jared Polis, the Democratic candidate for governor of Colorado, has added a set of blockchain-related proposals to his gubernatorial campaign, aiming to make Colorado a ‘blockchain hub’.
- A study published by the National Bureau of Economic Research found that a standard deviation increase in Google searches for keywords such as ‘bitcoin’ forecasted a small increase in the token's price in the following weeks.
- The Bangkok Police arrested Jiratpist Jaravijit, a well-known actor, for being involved in a cryptocurrency money laundering scheme of nearly $97 million worth Bitcoin i.e., 797 million baht.
- Binance, the cryptocurrency exchange which often tops global trade volumes, can charge 400 BTC ($2.6 million) to list a token on its platform. However, nobody knows what will happen next, especially considering the fact that Binance has shown a demo version of it future DEX.