The state government in Illinois this week announced that its Digital Currency Regulatory Guidance proposal had been released for public comment. The guidance provides an overview of the Illinois Department of Financial and Professional Regulation’s (IDFPR) policy on cryptocurrency, as well as its interpretation of how the state’s Transmitters of Money Act apply to various digital currency activities. The IDFPR release is part of a broader effort to incorporate blockchain technology into the state’s official government operations.
Russia’s federal tax service weighed in on the subject of cryptocurrency legality this week when it released a document confirming that digital currencies are indeed legal to own and use inside the Russian Federation. In its assessment, the tax services declared that cryptocurrencies are viewed as foreign currencies, and that transactions using those currencies are monetary transactions. Under Russia’s current monetary control system, that also means that digital currency transactions are not subject to financial reporting requirements.
Aten Coin Conference Will Focus on Crypto Compliance with Criminal Laws
New Report from Technavio Forecasts Impressive Growth in Digital Currency Market Through 2020
DAO Raises $120 Million in Cryptocurrency
Coinbase to Officially Include Ether on Its Exchange
New Book by Alan Yong Published!
Cryptocurrency Company DNotes Launches Kickstarter Campaign for the New Book “The Four Pillars of Business Success” In the Spirit of ‘Small Business Week’
DNotes co-founder, highly regarded visionary and early Cryptocurrency adopter Alan Yong shares his experiences and lessons from over 4 decades of entrepreneurship in his new book “The Four Pillars of Business Success”. DNotes is now launching a Kickstarter campaign as they continue celebrating ‘Small Business Week’.
This is the true story of how DNotes founder Alan Yong’s vision, leadership, and winning strategies positioned the organization to best compete in a crowded and chaotic industry at its formative stage. The decentralized, “Wild West” nature of the industry is unforgiving – the lack of regulation, and the inability of centralized authorities to govern the cryptocurrency industry, makes it strategically vital to protect the business against unpredictable market movements. The DNotes story is unique in that a similar situation has not previously existed where so many challenges and uncertainties coincide with a new business startup in a nascent industry.
Money has been used as the go-to method for teaching children to count as well as learning other math basics since the dawn of modern currency.
What will happen to elementary school math as we move toward digital currency?
Wouldn’t it be cool if you could pay with or purchase virtually any kind of currency in the world no matter where you were?
PayServices.com is looking to make this very thing possible, and what’s really exciting is that the company is not limiting itself to fiat currency. Bitcoin enthusiasts and cryptocurrency fans from all over the world can take advantage of the company’s offerings, as virtual currencies are ready and available to get your financial needs taken care of. PayServices is also working hard to make sure it presents the safest and most reliable software to its customers, along with high investment returns.
2015 was a busy year for DNotes. The company saw to the creation of multiple savings plans to help either retired persons or attending university students. It is also seeking to create a new business entity that fully integrates the blockchain, and DCEBrief has set out on a mission to provide solid, no-nonsense stories regarding DNotes and the world of digital currency in general. When all is said and done, DNotes clearly has a lot on its plate, and this is JUST THE BEGINNING…
According to the UN, 2.1 trillion dollars, or 3.6% of the worlds GDP is generated by crime. Such large criminal networks cost innocent people in a multitude of ways, including spending additional tax dollars on law enforcement, unfair financial regulations imposed on everyone in an attempt to deter crime, loss of tax revenue for your governing body, and many more. Any effort to combat such criminal activity has been limited in success because law enforcement has not had adequate tools at their disposal to infiltrate these underground financial networks, until now…
DNotes today announced the early 2016 release of a book for small business owners. The announcement comes on the heels of October’s revelations about the company’s plans for the launch of a new for-profit enterprise next year. DNotes officials have confirmed that the new company launch and the planned book release are part of an ongoing strategy to differentiate the DNotes ecosystem and better serve partners and customers throughout the cryptocurrency industry and beyond.
For the young, retirement planning is almost always at the bottom of any list of priorities. In today’s economy, most people are so focused on economic survival in the here and now that they have little energy left for that type of long-term preparation – much less the financial resources necessary for implementing those plans. To make matters worse, even those people who have been focused on preparing for their eventual exit from the workplace have often faced tremendous economic obstacles over the last several decades. 401k plans, company pensions, and other retirement vehicles can certainly help, but none of them can guarantee the type of financial stability most retirees need. If you find yourself concerned about your future and in search of some way to supplement your eventual retirement income, a digital currency like DNotes or Bitcoin may provide the answer you need.
Speaking at the latest Bitcoin Conference in Las Vegas, former director of the U.S. Mint Edmund C. Moy spoke about the privatization of money, and he feels that bitcoin could lead us back to a world where finances are placed in the hands of the people.
This is the primary goal behind cryptocurrency, to give financial independence to the average citizen, and services such as the DNotesVault are acting as custodians in a sense; privatizing transactions and the money used to protect customers and stop the government from marching in and claiming extra tax. Compared with the methods of traditional banking, digital currency certainly has the potential to bring us the secure, independent nature we all desire for our monetary dealings.
It has long been argued that the financial and tech sectors of our globe were built by men FOR men, and when one looks at bitcoin, it’s hard to disagree. As it stands, the majority of bitcoin users and advocates (about 95 percent) are of the male persuasion, and the time has come for women to become more involved.
Women hold great spending power, and their financial prowess is greater than one might think. According to a number of publications and reports, women not only outspend males in almost every capacity, but they dominate the small-business world and should their enthusiasm for digital currency broaden, cryptocurrencies could move up the ranks in the financial world.
The student debt crisis has reached a new high. With graduates owing an average $35K and the nation holding over $1.2 trillion in student loan debt, many have searched unsuccessfully for ways to alleviate the problem. Trust in traditional banks has fallen flat, and respective loans no longer seem to be a definitive answer.
But the future may present methods we never saw coming. A digital currency rewards program for students just might be what is needed to halt the crisis before it gets any worse. By teaching students more about cryptocurrency and allowing them to develop an appreciation for it, virtual money could offer some much needed relief…
The Eurozone – the collection of countries which use the Euro – is in crisis yet again. Many across Europe are beginning to question the wisdom behind the single currency, with some states at risk of falling out of it altogether. But the intentions which underpinned the EU’s introduction of an international currency that bound together its member states were positive. A unitary currency removes the need for conversion fees and mitigates the impact of variable exchange rates, thus making large-scale trade cheaper, and removing prohibitive costs that prevent small-scale international transactions.
But the presence of a central issuing authority, and the inability of Eurozone countries to make their own structural adjustments to their currencies in response to their individual economic circumstances, has hampered the bloc’s ability to respond to economic difficulties. Digital currencies offer a way out of this dilemma, and can provide both immediate and long-term relief for those most affected by the ongoing state of crisis: the people in those indebted nations.
Bitcoin Alternative DNotes Announces New Company Launch in 2016 To Integrate The Currency, Payment System, and Blockchain
Digital currency DNotes is pleased to announce the launch of an upcoming DNotes company in 2016 that will integrate DNotes and the blockchain into a seamless worldwide payment system. This is the latest building block for the DNotes’ ecosystem that currently includes DCEBrief, DnotesVault, CryptoMoms and the world’s first Cryptocurrency Investment Savings Plans.
A group of developers in Denmark is launching a Kickstarter campaign to raise additional funding for a digital currency piggy bank that can be accessed through the Ernit app. The piggy bank is designed for kids to save bitcoins and track their savings.
In addition, the developers – many of whom have children of their own – hope to educate children about the growing importance of digital currencies and how they are a viable option for conducting financial transactions all over the globe in a decentralized environment.
One of the most serious challenges preventing widespread acceptance of cryptocurrency by the general public is the sense of unease most people experience when confronted with new ideas. And since the existing monetary system seems, at least on the surface, to meet that public’s current needs, most people are fearful of anything that might upset the status quo. As a result of that fear, new concepts like digital currency are often viewed with distrust.
Still, if history teaches us anything about societal changes, it is that the most radical shifts in the status quo are typically viewed with skepticism when they first begin to emerge. From the automobile to computers and the internet, each new major advance in modern life has struggled against the tide of history before finally gaining the recognition and acceptance needed to fundamentally improve our lives. One of those most recent advancements – the internet – should serve as a clear example of why we have no reason to fear digital currency, and should in fact be cheering the potential benefits it offers to a world in desperate need of a shift in paradigm.
Academics and the media often talk of cryptocurrencies as a technological innovation, or discuss the economic and regulatory challenges posed by them. Much less attention is given to the possibility that digital currencies may promote and enable social change. But cryptocurrencies may provide opportunities to democratize credit and investment, financial services, enable small-scale international transactions, and provide an alternative store of value to protect savings from less stable national fiat currencies. The result could be opportunities for social mobility and wealth creation for those amongst the poorest in society.
The convergence of technologies in the 21st century will go down in history as the Digital Age. It is an era of great technology innovation, remarkable productivity gain, massive job creation and enormous wealth accumulation, as well as immense disruption of incumbent industries too slow to adapt and change. At least in part, the casualties of late adoption and reluctance to change can be attributed to information overload and confusion due to the lack of objective, concise, and timely information available.
Convinced that Digital currency is the greatest technology revolution since the internet, DCEBrief is committed to change the confusion in our industry, by bringing issues that matter to your attention, utilizing an “Executive Summary” without fluff and filler. Our mission is to keep you informed with timely, objective, accurate, and unbiased information that encourages both the cooperation of the media and the full support of our political leaders and regulators to help promote and not stifle innovation for the better good of mankind.