Chinese investors invested $ 3.5 billion in the blockchain industry in 2019, according to Xinhua Finance and the investment platform Rhino Data. Most of all investments were received by blockchain news platforms, platforms providing market data, exchanges and decentralized financial platforms.
In the capital of Venezuela, Caracas, according to the decree of President Nicolas Maduro, a casino will be opened, in which bets will be accepted in the national cryptocurrency El Petro. Revenues from his activities will go to health and education.
The South Korean government intends to introduce a 20% tax on income from cryptocurrencies, equating it to such sources of income as winning the lottery. Thus, profits from trading digital currencies can be taxed immediately after the transaction.
The Uzbek authorities will develop a regulatory framework for the security token market in Central Asia in conjunction with the commercial unit of the Cardano EMURGO Group startup.
The Australian Securities and Investments Commission (ASIC) has approved the launch of a fund designed for retail cryptocurrency investors from startup Raiz. The tool will allow you to invest 95% of the company's customers' investments in ETFs and 5% directly in bitcoin.
Sweden's oldest cryptocurrency exchange BTCX intends to conduct an initial public offering (IPO) at the end of this summer to attract investors from traditional finance to innovative.
The British mining company Argo Blockchain for 2019 increased its income 10 times. The main activity of the company brought her more than $ 11 million.
The Chinese cryptocurrency p2p platform RenrenBit in the report for 2019 reported $ 2.3 million profit, of which $ 600,000 became net income.
Cryptocurrency critic Peter Schiff lost access to the cryptocurrency wallet that Eric Voorhees, head of ShapeShift platform, helped him create. It held $ 50 in bitcoins.