Crypto traders in the lurch as U.S. President Biden opposes debt ceiling

2023-5-22 10:30

U. S. President Joe Biden has expressed his opposition to a debt ceiling agreement. Some people have chastised the President for lumping crypto traders and tax cheats together. United States The post Crypto traders in the lurch as U.

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Trump’s Endorsement Of Bitcoin As A Threat To The US Dollar Is More Bullish Than You Think

Former U.S president, Donald Trump, has described Bitcoin as a currency that poses a risk to the United States Dollar. Speaking in an interview with Fox Business Network, the former president expressed his displeasure about the biggest cryptocurrency on the crypto scene, as it is interfering with the performance of the U.S Dollar, a currency […]

2021-6-10 23:26


How El Salvador Embracing Bitcoin Signifies “The Separation Of Money And State”

Things are moving fast in El Salvador. Since president Nayib Bukele announced a proposal to make Bitcoin legal tender in the country, the whole world seems to be watching. Both investors and crypto business owners are exploring their options in El Salvador and the president’s Twitter profile pic shows laser eyes.  In the video shown […]

2021-6-8 10:44


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El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs

Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a legal tender, announcing complementary measures. Bukele mentioned yesterday on Twitter there would be no capital gains on Bitcoin earnings, and also highlighted the possibility of offering permanent residence to crypto […]

2021-6-8 23:00


Paraguay joins the crypto train, says ‘Bitcoin to the moon’

Paraguay is setting an important project in motion this week, hinting at Bitcoin (BTC) and its legal tender status, announced congressmen Carlitos Rejala in a tweet.  Only a day after the announcement made by the El Salvador President Nayib Bukele on Twitter, it seems Paraguay is going to be the next country racing to legalize […] The post Paraguay joins the crypto train, says ‘Bitcoin to the moon’ appeared first on CryptoSlate.

2021-6-7 21:00


JPMorgan Posts Crypto-Related Job Openings Signaling Crypto Ambitions

US bank JPMorgan Chase & Co. seems to be making new plans to enter the cryptocurrency scene. The bank’s recent job openings have led to reports of its growing cryptocurrency ambitions. JPMorgan’s Blockchain Jobs Openings for positions like “Cryptocurrency Risk Manager Vice President and Merchant Services-VP, Payments Partnerships (New Payment Methods)” can be seen on […] The post JPMorgan Posts Crypto-Related Job Openings Signaling Crypto Ambitions first appeared on BitcoinExchangeGuide.

2021-6-3 20:42


Futu to Add Cryptocurrency Trading in U.S, Singapore and Hong Kong

Futu, one of the leading trading brokerages in China, revealed its plans to offer cryptocurrency trading later this year. In its earnings call earlier this Wednesday, senior vice president Robin Li Xu told analysts that Futu would be applying for digital-currency related licenses in the United States, Singapore, and Hong Kong.  Despite these changes, crypto […]

2021-5-22 02:56


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Futu set to offer crypto services in the US, Singapore, and Hong Kong

Futu Holdings Ltd., a rapidly growing crypto brokerage firm in China, is planning to offer crypto trading to international clients before the end of the year. The company unveiled this news during its Q1 earnings call on May 20, with its Senior Vice President Robin Li Xu, disclosing that the firm has already started applying […] The post Futu set to offer crypto services in the US, Singapore, and Hong Kong appeared first on Invezz.

2021-5-22 20:18


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US Treasury Unveils Biden’s Proposed Tax Measures — Cryptocurrency Transfers Over $10,000 to Be Reported to IRS

The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures is a requirement for businesses that receive crypto assets with a fair market value of more than $10,000 to report transactions to the IRS. Treasury […]

2021-5-20 20:32


Wells Fargo Unveils New Crypto Strategy For Qualified Clients

Wells Fargo might become the latest banking firm to embrace cryptocurrencies. The bank is set to debut its new cryptocurrency investment strategy in Mid June, according to Business Insider. From Crypto Cynic to Believer The strategy would see qualified investors get some form of Bitcoin exposure, as stated by Darrell Cronk, the president of the […] The post Wells Fargo Unveils New Crypto Strategy For Qualified Clients first appeared on BitcoinExchangeGuide.

2021-5-20 20:21


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Cuban President Discusses Adopting Cryptocurrencies for the ‘Convenience’ of the National Economy

Cuba has been actively discussing the possibility of adopting cryptocurrencies over the last few months during high-political summits. This time, the president of the Caribbean island discussed crypto assets once again during a virtual currencies topic on the summit agenda, talking about the possibility to consider it for future economic plans. Discussions Underway Despite Domestic […]

2021-5-14 05:00


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Peter Brandt: “Biden Presidency May Become A Big Negative Factor For Bitcoin”

After winning the November 2020 presidential election, pundits were optimistic that President Joe Biden would cause a wave of much-needed regulations and reshape the crypto industry.  However, in a two-part Twitter thread on April 24, veteran trader and chart guru Peter Brandt has voiced concerns that the Biden administration may have undesirable effects on the […]

2021-4-25 14:12


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