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Union Bank of Israel Hits with a Lawsuit by Bitcoin Mining Company

Recently, again there was a call from Israeli courts system to stop banks from halting crypto business. The Union bank refuses to operate an account to a mining firm.

Read more here: Bitcoin Mining Company

Zero Fee Cryptocurrency Trading Now on Phone – Robinhood App

Update as on May 7th, 2018: Robinhood, the brokerage app has declared that it has added another two locations in which crypto trading is supported. On Thursday, the company officially announced on Twitter that service is expanded to New Mexico and Wisconsin. Noticeably, in total there are eight US states now have an access to Robinhood Crypto app.

Read more here: Zero Fee Cryptocurrency Trading

Coinbase Expects Double Transaction Capacity in the Coming Months

Coinbase witnessed transaction surge of 1000 percent from the third quarter of last year and expecting a double growth in the activity in the coming months. It has hired double number of staff and revised code and has improved website up time in preparation.

Read more here: Coinbase Expects Double Transaction

Bank of Korea (BOK) announced cryptocurrency guidelines & CBDC

The Bank of Korea (BOK) has recently expressed that it has started studying cryptocurrencies. In an official statement on Wednesday, it also notes the planning of issuing CBDC (Central Bank Digital Currency) within few months.

Read more here: Bank of Korea (BOK)

Singapore’s Digital Asset Smart Banknote Producers to Launch Bitcoin Banknotes

The digital asset smart banknote producers have released bitcoin banknotes at a store in Singapore. Presently, the currency notes are available in denominations of 0.01 and 0.05 BTC.

Read more here: Bitcoin banknotes at a store in Singapore

American Job-Matching Site Job.Com Using Blockchain Technology to Provide Jobs

American job-matching site takes comeback as an Asian-based global operation. It taps blockchain technology as an effort to be a supreme power in the industry. Job.com is conquered by an English investment company co-led by the entrepreneur and recruitment expert Arran Stewart.

Read news here: Site Job.Com Using Blockchain Technology

Confusion over Cryptocurrency Tax System in the World

The tax policies from governments around the world are jumbled. Few rules are regulations of cryptocurrency users are confusing. Currently, France altered its classification of crypto into a moveable property. The tax rates for many cryptocurrencies is been decreased from as high as 45% to 19%.

Read news here: Confusion over Cryptocurrency