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Cryptocurrencies

Crypto Prizes On The Rise, Magical Marketing Or Another Scam?

The art world, the gaming world, and even a few app developers are jumping onto the trend that is cryptocurrencies, seeing them as a perfect prize to tantilize and attract people to their work. But what is the end goal for these people and companies? There is of course a lot of free marketing that…

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Thai Finance Ministry Releases Final Version Of Cryptocurrency Tax Framework

Thailand’s awaited tax framework for cryptocurrencies has been announced this week by the Thai Finance Minister, local news outlet Nikkei Asian Review reported Friday, March 30. Apisak Tantivorawong reported during a March 27 cabinet meeting that crypto trades will be taxed with a 7 percent value added tax (VAT), and returns taxed with a 15…

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Liechtenstein To Support Blockchain With New Regulations

The government of Liechtenstein will introduce new legislation to regulate Blockchain business models and underlying Blockchain systems, Prime Minister Adrian Hasler announced during a speech at the Finance Forum in Vaduz, Cointelegraph auf Deutsch reported March 28. The bill will be presented in summer 2018 and is drafted so that business models based on Blockchain…

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Ford Proposes New System Of Marshalling Traffic Through Car-To-Car Crypto Communications

American car manufacturer Ford has filed a patent for an apparatus for vehicle-to-vehicle communication methods that involves the exchange of crypto tokens to facilitate traffic flow, according to a U.S. Patent and Trademark Office (USPTO) patent application published yesterday, March 27. Traffic congestion, according to Ford’s Sept. 16, 2017 patent application, is caused when reduced…

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