Tunisia Launches the First-Ever Central Bank Digital Currency – November 11

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$8,694

Bitcoin has taken traders and holders on a roller-coaster ride over the weekend, pumping to $9,100 and falling back to the mid $8,000 range.

Top-20 altcoins are mostly in the red today, with XRP dropping 2% and Ethereum falling 1% over the last 24 hours. Binance Coin and Huobi Token are the only coins with positive performance, both up 1%.

Top Stories for November 11, 2019 🔥

👉 Tunisia Launches the First-Ever Central Bank Digital Currency

Tunisia has announced the launch of their E-dinar, making them the first country in the world to launch a central bank digital currency.

The first transfer of an E-dinar was made between the Tunisian head of central bank, and a member of the IMF.

In the coming months, it is expected that E-dinar users will be able to spend their coins at a number of cafes and other merchants.

👉 IRS Has Found New Ways to Catch Crypto Tax-Dodgers

The United States IRS has recently met with several international tax authorities, and claims to have discovered new ways of catching cryptocurrency tax evaders.

An agent at the IRS Criminal Investigations office stated that they have acquired new tools and information from overseas partners, which has allowed them to track suspects from old cases.

👉 New Cash Restrictions in Malaysia May Spike Bitcoin Usage

Malaysia plans to impose new restrictions on cash transactions, making them the latest of many countries worldwide to make such a move.

The new laws may force more people to turn to cryptocurrencies like Bitcoin, in a search for ways to circumvent the restrictions.