BTC-e published new refund plan

Cryptocurrency exchange changed previous plan due to the feedback of the community
14 August 2017   2916

The "well-known" cryptocurrency exchange BTC-e published new official announced. 

This is re-made plan of refund to the BTC-e customers, which lose their funds due to platform shutdown by the US law enforcement agencies. 

As noted in the message from the forum, the administration of BTC-e, having reviewed the feedback on its previous proposal, decided to reconsider the decision in favor of the opinions of the community.

In the opinion of BTC-e, the new plan will be more fair for holders of crypto-currency and fiat funds (translated from Russian) : 

For each currency, a recalculation will be made taking into account the currently available assets. Currently 55% of funds are available, so 55% will remain in currency, and 45% will be converted to a specific currency token.

For tokens of all currencies, free trading on a separate page will be opened. You can trade them at any price, but no more than their face value. We pledge to redeem all the tokens. You can also sell your tokens to other users and get currency, or wait and exchange tokens at face value.

For example, you had 1 BTC. You will receive 0.55 BTC and 0.45 BTCT. 0.55 BTC you can output immediately. The remaining 0.45 BTCT you can either exchange for BTC at the market rate, or wait for their exchange at face value.

BTC-e team

Representatives of BTC-e also pay attention to the fact that there are frequent cases of posting fake links on the forums about the allegedly new domain of the exchange. All official information about the service is placed only in the official Twitter and from the official account on the forum.

It is noteworthy that BTC-e published its previous statement on Bitcointalk.

Member of British Parliament Wants to Payl Tax in BTC

MP  comments were made shortly after the Ohio government allowed companies registered in this state to pay bitcoin taxes
11 December 2018   11

Eddie Hughes, a member of the UK Conservative Party, said that the state should make it possible to use Bitcoin when paying taxes and utilities. It is reported by The Daily Express.

Eddie Hughes, who represents North Walsall in parliament, calls himself a "crypto-enthusiast with amateur knowledge." According to him, the blockchain technology attracts a lot of attention, and therefore members of parliament "must understand it."

Eddie Hughes also said that he recently met with representatives of the Royal Society for Water Rescue, which accepts donations in cryptocurrencies, after which he came to the idea of ​​making it possible to use Bitcoin when paying municipal taxes and utilities.

It just feels like it gets talked about a lot, wherever you go in the UK, and as MPs we have a duty to understand it. 

Eddie Hughes


Hughes comments were made shortly after the Ohio government allowed companies registered in this state to pay bitcoin taxes, which he also reminded in his interview within the publication.