Cryptocurrency News

Ohio is now the first state in the United States to accept cryptocurrencies as tax payments. At this point, this option is currently only available to businesses, but will be extended to individual tax payers in the future.

In the latest cryptocurrency news, the U.S.-based cryptocurrency exchange Coinbase has made an announcement regarding its senior executive. Basically, the company is reportedly losing another one.

The University of Luxembourg has partnered with a Luxembourg based cryptocurrency exchange, VNX Exchange, to focus on improving the security levels of cryptocurrencies.

Cryptocurrency miners in Norway were enjoying a tax subsidy on power. Until now. According to local news outlets, the Norwegian government announced in its state budget that cryptocurrency miners would have to start paying normal electricity taxes from the beginning of 2019.

Nippon Yusen KK is set to launch its own cryptocurrency, which it will use to pay its employees. Nippon Yusen KK, founded in 1885, is Japan’s biggest shipping company and it generated revenues of ¥915.6 billion (~$8.1 billion) between the period of April 1 to September 30 this year.

Bakkt, Intercontinental Exchange’s (ICE) Bitcoin futures trading platform is postponing its formal launch to January 24, 2019. The company’s Chief Executive Officer Kelly Loeffler made this announcement via a blog post on Bakkt’s website.

According to the Chief Executive Officer of Autodesk Andrew Anagost, Blockchain technology can help cut down on corruption in the construction industry.

According to local news reports, Washington state’s Chelan County Public Utility District (PUD) has suggested a new pricing structure to deal with the increased demand for electricity from cryptocurrency miners.

In the latest crypto news, the nterest from both employers and job seekers when it comes to blockchain and cryptocurrency-related jobs has declined in the past year. This is according to a newly released data, which feature the significant difference between the time period.

The US Securities and Exchange Commission (US SEC) announced that it imposed its first ever civil penalties on Initial Coin Offerings (ICOs). The agency stated that it had imposed these penalties against two ICOs only because of them not registering their token sales.