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Cryptocurrency Daily Roundup - Jan.9


A summary of some of the widely followed stories on cryptocurrency and blockchain during the past 24 hours.

Venezuela Crypto Operators Required To Pay Taxes In Cryptocurrency

Digital currency operators in Venezuela will be required to pay their taxes in cryptocurrencies, according to a decree the Venezuelan government published recently. As per a gazette notification issued by the Ministry of the Popular Power of Economy and Finances, foreign currency exchange operators must pay their taxes in the respective foreign currencies, local media reported.

Central Banks Cautious on Issuing Digital Currency: Report

A global survey shows that central banks are proceeding with caution on issuing their own digital currency, and most of them are only at a conceptual stage. Most people will have to wait to use a central bank digital currency. However, central banks are working hard to make sure the wait is worth it, says the report titled "Proceeding with caution - a survey on central bank digital currency."

Telenor Pakistan Unveils Cross-border Remittance Service With Alipay Blockchain

Norwegian telecom giant Telenor's Pakistan unit launched a blockchain-based cross-border remittance service. The new service is expected to significantly boost the speed and efficiency of remittances from Malaysia to Pakistan. Telenor Microfinance Bank has teamed with Telenor's Easypaisa as well as Telenor's Malaysian remittance service provider Valyou to launch the country's first blockchain-based international remittance service.

Chinese Bitcoin Mining Chip Maker Canaan Plans U.S. IPO

Chinese bitcoin mining hardware maker Canaan Inc. is considering initial public offering in the United States, Bloomberg reported, citing people with knowledge of the matter. The number 2 mining equipment maker in the country, which shelved its plans for a Hong Kong IPO last year, is discussing the possibility of selling shares in New York as soon as the first half of 2019.

RippleNet Crosses 200 Customer Mark Globally

Ripple's enterprise blockchain payments network RippleNet surpassed the 200 customers mark globally after 13 new financial institutions signed up for the payments network. The new additions are Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Co., Pontual/USEND and Rendimento.

Send and Receive Bitcoin Via Facebook messenger, Telegram, and SMS

Blockchain startup Zulu Republic's Lite.IM platform added support for Bitcoin (BTC), enabling users of the popular messaging platforms like Telegram, Facebook Messenger, and SMS to send, receive, and manage cryptocurrencies. Bitcoin is the fourth cryptocurrency added on Lite.IM after Litecoin (LTC), Ether (ETH), and Zulu Republic's own native currency ZTX were added in late November.

Current Prices

As of this writing, Bitcoin is lower by 1.37 percent or $55.65 to trade at $4002.47 on Coinbase. Ethereum also is down by 1.48 percent or $2.25 to $149.54.

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