It’s time again for our daily crypto news roundup. Here’s the latest from the world of cryptocurrency! Thanks for reading!


Cryptopia – A Cryptocurrency Utopia in Puerto Rico?

Puerto Rico offers an unparalleled tax incentive: no federal personal income taxes, no capital gains, and favorable business taxes. However, there are serious caveats. This tax break only applies to capital gains earned in Puerto Rico — so you’ll have to move there before becoming a Bitcoin billionaire. You’ll also lose your right to vote in federal elections. Entrepreneurs saw in this an opportunity, while also feeling a sense of urgency.

Read more here.


Aliant Payment Systems will Start Accepting Litecoin

US-based provider of merchant solutions Aliant has announced that it will add Litecoin functionality. The payment provider already offers Bitcoin and Ethereum payments to its clients. A retail terminal called Poynt is also in the works. As cryptocurrency gains popularity, effective retail solutions will increase usability and make purchases of everyday goods for BTC, ETH, and LTC a reality.

Read more here.

Hackers stole $20,000 of crypto coins through a T-Mobile account, lawsuit alleges dowbit

Hackers Stole $20,000 of Crypto Coins Through a T-Mobile Account, Lawsuit Alleges

Carlos Tapang of the US state of Washington has filed a lawsuit against T-Mobile. A lack of security allegedly allowed cybercriminals to hijack his mobile account and steal thousands of dollars worth of cryptocurrency tokens. Once the hackers had gained control of his mobile account, hackers changed the password on one of Tapang’s accounts and stole 19.6 BitConnect coins and one thousand OmiseGo tokens.

Read more here.

Bank for International Settlements GM Calls for Bitcoin Supervision dowbit

Bank for International Settlements GM calls for Bitcoin Supervision

Agustin Carstens, general manager of the Bank for International Settlements gave a lecture calling on central banks to monitor Bitcoin. While it’s obvious that there is tension between global financial institutions and cryptocurrency, the debate currency debate still rages. Central bankers’ skepticism is understandable — cryptocurrency may be undermining the power of central banks and changing the way we transact.

Read more here.


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