Summary of the top news of this week in Crypto

[cl_mafia]

Hey everyone, here the summary of the top news of the week brought to you by HackingCrypto - http://www.hackingcrypto.com/

1) G20 Puts Crypto Regulation on Hold – Crypto Prices Surge https://uk.reuters.com/article/us-g20-regulations-carney/g20-watchdog-focuses-on-rules-review-holds-fire-on-cryptocurrencies-idUKKBN1GU0SF

The global watchdog that drove through a welter of banking and market reforms after the financial crisis said it will pivot more toward reviewing existing rules and away from designing new ones.

The Financial Stability Board (FSB), which coordinates financial regulation for the Group of 20 Economies, also resisted calls from some G20 members to regulate cryptocurrencies like bitcoin.

2)  Coinbase Releases Cryptocurrency Tax Calculator - https://www.coindesk.com/coinbase-eases-crypto-tax-procedure-with-gainloss-calculator/

Cryptocurrency startup Coinbase has launched a new gain/loss calculating tool as part of an effort to help its user base keep up with U.S. tax requirements.

In a blog post published on Tuesday, the firm explained that the calculator can be used to generate a report which outlines their capital gains (or losses) on its platform, using a first-in-first-out (FIFO) accounting method.

The tool comes with a few caveats, however, namely that it's primarily aimed at users who have bought and sold on Coinbase exclusively - and isn't recommended for those who have purchased digital assets elsewhere or participated in an initial coin offering, per the blog.


3) Coinbase gets e-money license in the UK - https://thenextweb.com/hardfork/2018/03/05/ryan-gosling-cryptocurrency-ico/

This will be welcome news for cryptocurrency fans in the U.K. and Europe. Coinbase, one of more popular and accessible cryptocurrency exchanges, has been granted an e-money license by the U.K. regulator the Financial Conduct Authority (FCA).

From a regulatory standpoint, this means that Coinbase  is now able to issue e-money and provide payment services in the U.K. and will have passed additional checks in terms of things like the segregation of client funds, which means that customer fiat balances (ie when you deposit funds, such as Sterling) are separated from Coinbase’s own operational funds and kept in separate bank accounts.


4) Square to Soar on Crypto Potential, Say Bulls - https://www.investopedia.com/news/squares-crypto-potential-makes-it-amazon-its-early-days/

Shares of fintech platform Square Inc. have spiked 4.5% on Wednesday morning, trading at $54.17 on a bullish note from a team of analysts on the Street who see its heightened involvement in the cryptocurrencyspace driving the stock another 18% over 12 months. 

Square CEO Jack Dorsey, who is also the CEO of Twitter Inc.  saw his merchant services business surpass his social media platform in terms of market capitalization late last year, with the former up a 57% year-to-date (YTD) and a whopping 223% over the year.


5) Best Business in Crypto: Running an Exchange - https://captainaltcoin.com/best-business-in-crypto-running-an-exchange/

The major crypto exchanges in the world are different not only in terms of deposit conditions and user numbers, but also in terms of the fees charged on trading, deposits or withdrawals. Based on the trading volume and fees, it is possible to estimate the figures.

The crypto exchanges not only provide the user with a great added value and the possibility to trade cryptocurrencies, but also profit from charging fees of course. Fees vary from exchange to exchange, so a closer look can save you a few cents.


6) Coinbase Tells Congress We Need Clarity Not More Regulators - http://www.thecryptotea.com/index.php/2018/03/15/coinbase-tells-congress-we-need-clarity-not-more-regulators/

During the March 14th US Congress hearing where cryptocurrency and ICO regulations were being discussed, Coinbase’s chief and legal risk officer Mike Lempres gave a written testimony stating increased regulations were not necessary.

The Coinbase team is no stranger to these type of hearings as they regularly meet with policymakers and have testified several times. Coinbase was founded in 2012 with a mission to create an open financial system for the world. Their user base has grown into over 20 million customers, they store more than $20 billion worth of cryptocurrencies, and have traded over $150 billion in assets.

Never miss out on Crypto news — The latest news and articles, curated for you every day. HackingCrypto - http://www.hackingcrypto.com/

[Cryptonium12]

Hey everyone, here the summary of the top news of the week brought to you by HackingCrypto - http://www.hackingcrypto.com/

1) G20 Puts Crypto Regulation on Hold – Crypto Prices Surge https://uk.reuters.com/article/us-g20-regulations-carney/g20-watchdog-focuses-on-rules-review-holds-fire-on-cryptocurrencies-idUKKBN1GU0SF

The global watchdog that drove through a welter of banking and market reforms after the financial crisis said it will pivot more toward reviewing existing rules and away from designing new ones.

The Financial Stability Board (FSB), which coordinates financial regulation for the Group of 20 Economies, also resisted calls from some G20 members to regulate cryptocurrencies like bitcoin.

2)  Coinbase Releases Cryptocurrency Tax Calculator - https://www.coindesk.com/coinbase-eases-crypto-tax-procedure-with-gainloss-calculator/

Cryptocurrency startup Coinbase has launched a new gain/loss calculating tool as part of an effort to help its user base keep up with U.S. tax requirements.

In a blog post published on Tuesday, the firm explained that the calculator can be used to generate a report which outlines their capital gains (or losses) on its platform, using a first-in-first-out (FIFO) accounting method.

The tool comes with a few caveats, however, namely that it's primarily aimed at users who have bought and sold on Coinbase exclusively - and isn't recommended for those who have purchased digital assets elsewhere or participated in an initial coin offering, per the blog.


3) Coinbase gets e-money license in the UK - https://thenextweb.com/hardfork/2018/03/05/ryan-gosling-cryptocurrency-ico/

This will be welcome news for cryptocurrency fans in the U.K. and Europe. Coinbase, one of more popular and accessible cryptocurrency exchanges, has been granted an e-money license by the U.K. regulator the Financial Conduct Authority (FCA).

From a regulatory standpoint, this means that Coinbase  is now able to issue e-money and provide payment services in the U.K. and will have passed additional checks in terms of things like the segregation of client funds, which means that customer fiat balances (ie when you deposit funds, such as Sterling) are separated from Coinbase’s own operational funds and kept in separate bank accounts.


4) Square to Soar on Crypto Potential, Say Bulls - https://www.investopedia.com/news/squares-crypto-potential-makes-it-amazon-its-early-days/

Shares of fintech platform Square Inc. have spiked 4.5% on Wednesday morning, trading at $54.17 on a bullish note from a team of analysts on the Street who see its heightened involvement in the cryptocurrencyspace driving the stock another 18% over 12 months. 

Square CEO Jack Dorsey, who is also the CEO of Twitter Inc.  saw his merchant services business surpass his social media platform in terms of market capitalization late last year, with the former up a 57% year-to-date (YTD) and a whopping 223% over the year.


5) Best Business in Crypto: Running an Exchange - https://captainaltcoin.com/best-business-in-crypto-running-an-exchange/

The major crypto exchanges in the world are different not only in terms of deposit conditions and user numbers, but also in terms of the fees charged on trading, deposits or withdrawals. Based on the trading volume and fees, it is possible to estimate the figures.

The crypto exchanges not only provide the user with a great added value and the possibility to trade cryptocurrencies, but also profit from charging fees of course. Fees vary from exchange to exchange, so a closer look can save you a few cents.


6) Coinbase Tells Congress We Need Clarity Not More Regulators - http://www.thecryptotea.com/index.php/2018/03/15/coinbase-tells-congress-we-need-clarity-not-more-regulators/

During the March 14th US Congress hearing where cryptocurrency and ICO regulations were being discussed, Coinbase’s chief and legal risk officer Mike Lempres gave a written testimony stating increased regulations were not necessary.

The Coinbase team is no stranger to these type of hearings as they regularly meet with policymakers and have testified several times. Coinbase was founded in 2012 with a mission to create an open financial system for the world. Their user base has grown into over 20 million customers, they store more than $20 billion worth of cryptocurrencies, and have traded over $150 billion in assets.

Never miss out on Crypto news — The latest news and articles, curated for you every day. HackingCrypto - http://www.hackingcrypto.com/

Thanks for sharing the info. Indeed these news had great impact in the crypto world. Hope for the best future of cryptos

[dreamteam17]

this week a lot of events will happen, the main thing is that they all go in favor of rising prices for crypto currency, this is really the most important thing!

[jayco25]

Hey everyone, here the summary of the top news of the week brought to you by HackingCrypto - http://www.hackingcrypto.com/

1) G20 Puts Crypto Regulation on Hold – Crypto Prices Surge https://uk.reuters.com/article/us-g20-regulations-carney/g20-watchdog-focuses-on-rules-review-holds-fire-on-cryptocurrencies-idUKKBN1GU0SF

The global watchdog that drove through a welter of banking and market reforms after the financial crisis said it will pivot more toward reviewing existing rules and away from designing new ones.

The Financial Stability Board (FSB), which coordinates financial regulation for the Group of 20 Economies, also resisted calls from some G20 members to regulate cryptocurrencies like bitcoin.

2)  Coinbase Releases Cryptocurrency Tax Calculator - https://www.coindesk.com/coinbase-eases-crypto-tax-procedure-with-gainloss-calculator/

Cryptocurrency startup Coinbase has launched a new gain/loss calculating tool as part of an effort to help its user base keep up with U.S. tax requirements.

In a blog post published on Tuesday, the firm explained that the calculator can be used to generate a report which outlines their capital gains (or losses) on its platform, using a first-in-first-out (FIFO) accounting method.

The tool comes with a few caveats, however, namely that it's primarily aimed at users who have bought and sold on Coinbase exclusively - and isn't recommended for those who have purchased digital assets elsewhere or participated in an initial coin offering, per the blog.

3) Coinbase gets e-money license in the UK - https://thenextweb.com/hardfork/2018/03/05/ryan-gosling-cryptocurrency-ico/

This will be welcome news for cryptocurrency fans in the U.K. and Europe. Coinbase, one of more popular and accessible cryptocurrency exchanges, has been granted an e-money license by the U.K. regulator the Financial Conduct Authority (FCA).

From a regulatory standpoint, this means that Coinbase  is now able to issue e-money and provide payment services in the U.K. and will have passed additional checks in terms of things like the segregation of client funds, which means that customer fiat balances (ie when you deposit funds, such as Sterling) are separated from Coinbase’s own operational funds and kept in separate bank accounts.


4) Square to Soar on Crypto Potential, Say Bulls - https://www.investopedia.com/news/squares-crypto-potential-makes-it-amazon-its-early-days/

Shares of fintech platform Square Inc. have spiked 4.5% on Wednesday morning, trading at $54.17 on a bullish note from a team of analysts on the Street who see its heightened involvement in the cryptocurrencyspace driving the stock another 18% over 12 months. 

Square CEO Jack Dorsey, who is also the CEO of Twitter Inc.  saw his merchant services business surpass his social media platform in terms of market capitalization late last year, with the former up a 57% year-to-date (YTD) and a whopping 223% over the year.


5) Best Business in Crypto: Running an Exchange - https://captainaltcoin.com/best-business-in-crypto-running-an-exchange/

The major crypto exchanges in the world are different not only in terms of deposit conditions and user numbers, but also in terms of the fees charged on trading, deposits or withdrawals. Based on the trading volume and fees, it is possible to estimate the figures.

The crypto exchanges not only provide the user with a great added value and the possibility to trade cryptocurrencies, but also profit from charging fees of course. Fees vary from exchange to exchange, so a closer look can save you a few cents.


6) Coinbase Tells Congress We Need Clarity Not More Regulators - http://www.thecryptotea.com/index.php/2018/03/15/coinbase-tells-congress-we-need-clarity-not-more-regulators/

During the March 14th US Congress hearing where cryptocurrency and ICO regulations were being discussed, Coinbase’s chief and legal risk officer Mike Lempres gave a written testimony stating increased regulations were not necessary.

The Coinbase team is no stranger to these type of hearings as they regularly meet with policymakers and have testified several times. Coinbase was founded in 2012 with a mission to create an open financial system for the world. Their user base has grown into over 20 million customers, they store more than $20 billion worth of cryptocurrencies, and have traded over $150 billion in assets.

Never miss out on Crypto news — The latest news and articles, curated for you every day. HackingCrypto - http://www.hackingcrypto.com/

Thanks for sharing the info. Indeed these news had great impact in the crypto world. Hope for the best future of cryptos

Thanks for sharing this information's. This is very informative and I hope I a lot of people interested to read this post. I believed a lot of upcoming new will hope you have some thread again for those wonderful event.
\

#Taklimakan

[CODE200]

this week a lot of events will happen, the main thing is that they all go in favor of rising prices for crypto currency, this is really the most important thing!

Absolutely, anythings that happened for the past couple of weeks the most important is it will give a positive effect to cryptosystem which is possibly cause that it can have a much higher demand and support to the system. It may bring the positively value of the coins as a result it will be rising up more and more. Hopefully it will continuous to be that way. More positive things happen it's the more tendency of having everyone's beautiful success. So let us keep supporting crypto.

[squatz1]

While this kinda news is good, I don't know why people always correlate these news stories with the increasing of price. We've seen some crazy amazing news about the LN, and other things crypto, when the market is crashing and then we've had some of the worst news ever while the market is surging. Buying and sellers move the market, news companies can only TRY TO SWAY PEOPLE.

I know people like easy explanations, but this isn't what is needed.

[Xester]

This is what I have been telling in my posts as good news that is coming to bitcoin aside from the big merchants and business that are coming in. This are the factors that will pull up the price of bitcoin. We can already see the price of bitcoin going up this days and it already reached 8800$ and by tomorrow it will be above 9k$. The bearish group are now silent as the bullish group started to appear again.

[dmyddtun]

From the recent news we can feel that the market has been recovering slowly, perhaps the correction is over and it seems that everyone has reached a consensus that bitcoin needs to come back.

[CryptoBry]

There are many positive developments affecting cryptocurrency this week and those were the factors leading to a green market. Hopefully, we are already poised for some big comebacks as we are heading towards the rest of the year. Can history repeat itself this time? I am pinning my hope on that...it will be an exciting to find out how things will turn out to be.

[tanoe]

this helps, and a little extra, might help.
https://www.ccn.com/european-union-votes-for-closer-regulation-of-cryptocurrencies/

the last few issues occur because cryptocurrency has no strong regulation, but with this, we hope to facilitate cryptocurrency domestically as well as globally.

[PsylockReborn]

Good news or FUD about crypto can somewhat really affect the values of cryptos. We are currently experiencing green trains and we should make the most out of it while it lasts. We can't really tell whether its because of the good news or some good events that happened thats why almost all of the cryptos where increasing in its value.

We know very well that the value of crypto depends upon the acceptance of the society. Since there are lots of ads about bitcoin and altcoins lately that its a very good investment vehicle despite its volatility, then there are lots of new investors coming in and trying to enjoy the ride as well while the market is in greens.

I'm just hoping that this trend will last till the end of the year or not just merely pure manipulation by whales that's just trying to trap small fishes and new comers into crypto world.

This uptrend of the crypto market will bring alot of new investors and hopefully the rumors that this year will be the altcoins year will be realized.

There are many positive developments affecting cryptocurrency this week and those were the factors leading to a green market. Hopefully, we are already poised for some big comebacks as we are heading towards the rest of the year. Can history repeat itself this time? I am pinning my hope on that...it will be an exciting to find out how things will turn out to be.

Hoping that history will repeat itself so that we will get lots of profit by the end of the year and have a very Merry Christmas . I'm already looking forward with my profits if these greens will last until December. Let's just see what the future brings and enjoy our profits. Happy hodling everyone and have a good one!