A story from last week that has been making some waves in the crypto world is the report that UK tax authority HM Revenue and Customs (HMRC) is considering spending £100,000 on a blockchain analytics tool. The purpose of the expenditure would be to assist HMRC in the tying of assets to individuals exploiting cryptocurrency

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Recently, Deutsche Bank published a research paper titled “Digital Currencies: the Ultimate Hard Power Tool” which posits that blockchain technology’s adoption rate mirrors that of the Internet in its early years. This, according to a report by Decrypt, January 27, 2020. Crypto On Its Way to Mainstream Adoption? A plethora of cryptocurrency advocates, over the

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With China reportedly speeding up the development of its national currency, the digital yuan, some researchers and government officials have called on the Chinese government to exercise caution. While Facebook’s Libra might be a threat, there are suggestions that the government should instead work with global regulatory bodies to regulate cryptocurrencies such as Libra. A

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