US Treasury’s OFAC reaches $7.6m settlement with Poloniex

The Poloniex crypto exchange has agreed to pay $7.6 million to settle claims that it permitted users in sanctioned nations to trade digital assets on its platform. According to an announcement by the US Treasury’s Office of Foreign Assets Control…

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How To Buy Crypto With Samsung Pay?

Introduction Are you looking for a seamless way to buy cryptocurrencies? Well, Samsung Pay has got you covered! Yes, you read that right. The popular mobile payment system now allows users to purchase digital assets such as Bitcoin using their smartphones.

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Chinese City to pay civil servants using digital yuan

Changshu City in Jiangsu Province, East China, will begin paying all public sector personnel in e-CNY, better known as digital yuan, from May 2023

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Public Sector Leads Transition to Digital Yuan Wage Payments

In a bid to drive CBDC adoption, the Chinese government is pushing to pay more state employees in digital yuan. The post Public Sector Leads Transition to Digital Yuan Wage Payments appeared first on BeInCrypto.

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Majority Of Crypto Investors Evaded Taxes In 2022, Study Shows

A digital currency tax firm, Divly, recently conducted a study revealing that nearly all digital asset investors did not pay taxes on their crypto holdings in 2022. A staggering 98% of crypto investors did not report their digital asset transactions to the tax authorities, evading their tax obligations.

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Crypto Payment Solution Alchemy Pay Obtains License In Indonesia

Crypto gateway platform Alchemy Pay provides an integrated solution for merchant networks, developers, and financial institutions. Recently, Alchemy Pay and a fintech firm, PT Berkah Digital Pembayaran, jointly received a license from the Central Bank of Indonesia.

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Alchemy Pay gets license to operate in Indonesia: ACH price surging

Alchemy Pay and Berkah Digital have jointly obtained a license to operate in Indonesia. The two will cooperate in operating remittances and fund transfers. The news has caused the price of ACH to surge considerably.

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Australian Crypto Exchange Digital Surge to Pay Back Creditors After Losing $33M on FTX

Australian cryptocurrency exchange Digital Surge has been bailed out after creditors approved a long-term recovery plan.

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US Banks Take Aim at Digital Wallets, Plan to Launch Apple Pay Competitor

Several U.S. banks will launch a digital wallet to recover market share from Apple Pay. The post US Banks Take Aim at Digital Wallets, Plan to Launch Apple Pay Competitor appeared first on BeInCrypto.

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Crypto Wallets On Crosshair of Major Banks As They Take On PayPal, Apple Pay

The major US banks, including Bank of America, JP Morgan Chase, and Wells Fargo are planning to introduce a new system that uses a digital wallet linked to customer credit cards and debit cards. The plan is slated to start rolling out in the second half of 2023.

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DCG considers selling assets to pay $3b Genesis debt

Digital Currency Group (DCG), the conglomerate that owns crypto broker Genesis, is reportedly considering selling assets from its portfolio to pay Genesis’ $3 billion debt. 

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Digital Currency Group Could Be Forced to Sell Assets to Pay $3 Billion Debt

Genesis, a subsidiary of DCG, is said to owe creditors more than $3bn and is in a high-profile dispute with the Winklevoss twins over money borrowed from their Gemini exchange. The post Digital Currency Group Could Be Forced to Sell Assets to Pay $3 Billion Debt appeared first on BeInCrypto.

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DCG CEO Silbert addresses $1.1b note in his letter to investors

As the pressure continues to rise on Digital Currency Group (DCG), the US-based company’s CEO, Barry Silbert, says in a letter that DCG may not need to pay the $1.1 billion promissory note. According to the letter, the massive amount…

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Binance.US To Pay $1.02 Billion To Get Insolvent Voyager Digital’s Assets

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FTX ordered to pay reimbursement fees to Bahamian regulators

The Bahamian Securities regulator was ordered to offer custody for digital assets belonging to bankrupt crypto exchange FTX on Nov. 12.

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FTX Must Pay Expenses Incurred by Bahamas Regulator for Holding the Exchange's Digital Assets

The Bahamas Supreme Court ruled that FTX is responsible for all costs associated with the Securities Commission in keeping FTM assets in commission's digital wallet; Bloomberg reports that a Bahamas court has agreed to let part of FTX case be handled in U.S.

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Digital Asset Platform Bakkt Agrees to Buy Apex Crypto for Up to $200M

The firm will pay $55 million in cash, upon deal close, and $145 million in stock and seller notes upon achieving certain financial targets.

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Best Crypto Tax Software Australia [FREE & Paid] – Australian Crypto Tax App

Best crypto tax software in Australia Crypto taxes are complex and you have to pay them if you’re living in Australia. You might want to keep your digital currency holdings separate from your regular investments, but you still need to pay income tax like everyone else.

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Alameda Research ‘happy to return’ $200M loan to Voyager Digital

The trading company will pay back the debt, which has fallen almost twice in dollar estimate, by the end of September.

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Thai SEC Canvasses Opinion on Proposed Crypto Staking and Lending Ban

The Thai Securities and Exchange Commission (SEC) has approved regulations prohibiting digital asset operators from providing or supporting digital asset deposit services that pay returns to depositors.

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Voyager Digital gets approval to pay $1.6M bonus to 38 employees

Voyager Digital has received the approval to commit  $1.6 million as bonuses for employees who are crucial to its restructuring process. The post Voyager Digital gets approval to pay $1.6M bonus to 38 employees appeared first on CryptoSlate.

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Bankruptcy Judge Approves Voyager Key Employee Bonuses Despite Creditor Protests

A New York bankruptcy judge has approved Voyager Digital's plans to pay bonuses to staff the insolvent lender considers crucial to its future. The post Bankruptcy Judge Approves Voyager Key Employee Bonuses Despite Creditor Protests appeared first on BeInCrypto.

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US court gives Voyager green light to pay bonuses to key employees

Voyager Digital will pay $1.9 million in retention bonuses to key staff members to ensure the beleaguered cryptocurrency lender can continue operating through bankruptcy proceedings.

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BitGo to Sue Galaxy Digital for $100M Termination Fee

Institutional crypto services company BitGo intends to seek legal action against crypto investment firm Galaxy Digital for refusing to pay a $100 million termination fee for abandoning its acquisition plans....

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Iran Places First Crypto-Funded Import Order, Worth $10M: Report

The order came after the government amended the country's digital assets laws to allow locally mined crypto to be used to pay for imports.

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Argo Blockchain keeps cashing out BTC to pay the debt to Galaxy Digital

After selling 887 Bitcoin in July, Argo cut its outstanding balance under the BTC-backed loan to just $6.72 million.

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Judge Allows Voyager to Pay Off Credit Card Debt

Crypto exchange Voyager will be able to pay off $76,000 of credit card debt to Brex, a judge reluctantly decided yesterday. Great Misgivings Over Voyager Voyager Digital will be paying...

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Why Ripple Invested In This Buy Now Pay Later NFT Platform

Payment company Ripple invested in the non-fungible token (NFT) financing platform Supermojo, according to a press release shared with Bitcoinist. The platform operates under innovative point-of-sale financing aimed at making these digital assets more accessible “for the next wave of users”.

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Voyager Digital Provides Update on Recovery Plan

Failing cryptocurrency lending company Voyager Digital announced a recovery plan for users in a blog post today. Voyager Will Pay Out Asset Shares Following its earlier decision to suspend withdrawals,...

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Croatian Web3 startup offers lifetime Netflix and Spotify membership via NFTs

The subscription-based unique NFT is capped at 10,000 and buyers would receive a digital debit card along with the NFT to pay for their subscription.

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Revuto’s Revulution NFTs are changing how you pay for Netflix and Spotify subscriptions

One of Croatia’s most well-known firms, Revuto, which is redefining digital subscription governance, is introducing yet another invention a year after its phenomenal success. This time, it’s a special and cutting-edge product: everlasting digital memberships to Spotify and Netflix through the Revulution NFT.

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Another miner cashes in: Argo Blockchain reports selling 637 BTC to pay debts

Argo reported it had an outstanding balance of $22 million on a loan from Galaxy Digital, from which it secured BTC-backed loan agreements in 2021.

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Accointing Review – Is Accointing Crypto Tax Tool Any Good?

Accointing? Yes, you read that right. Now, we all pay taxes, well, that’s common. However, the process can be full of hassles and complexities, especially when it comes to disruptive assets like digital currencies.

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Three Arrows Capital Defaults on Voyager Digital

Three Arrows Capital has failed to pay back $665 million in loans from Voyager Digital, which today issued the firms first notice of default. Voyager clients will not be impacted...

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Voyager issues notice of default to 3AC over $675M loan obligations, legal action next

Voyager Digital Limited has issued a default notice to Three Arrows Capital (3AC) for failure to pay its loan obligations. The post Voyager issues notice of default to 3AC over $675M loan obligations, legal action next appeared first on CryptoSlate.

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Crypto.com App users can now purchase crypto with Apple Pay

Crypto. com now allows users to buy crypto via Apple Pay, a digital wallet from the tech giant Apple Inc. and which is available to millions of iPhone users. According to an announcement Crypto.

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Meta Initiates NFT Augmented Reality On Instagram Stories and Launches Meta Pay

Mark Zuckerberg has recently integrated NFTs into Instagram stories through Spark AR (augmented reality) allowing creators and users alike to encompass their digital NFTs into their stories bringing to life a new lease of reality within the realms of Meta.

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Mark Zuckerberg Launches Meta Pay, the Digital Wallet for the Metaverse

Meta has rebranded its Facebook Pay digital wallet as Meta Pay, calling the change the "first step" toward the company creating a wallet for its version of the metaverse. The post Mark Zuckerberg Launches Meta Pay, the Digital Wallet for the Metaverse appeared first on BeInCrypto.

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Crypto Suffers Another Beating: Hong Kong-Based Babel Finance Halts Withdrawals

Babel Finance, based in Hong Kong, has temporarily halted withdrawals and redemptions of crypto assets on Friday, as the lender struggles to pay its investors as the ongoing bear market deals a heavy blow on digital currency assets.

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Chipotle Now Accepting Cryptocurrency Payments at US Locations

The Tex-Mex chain’s partnership with Flexa allows customers to pay with 98 different digital currencies, including BTC, ETH and SOL.

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Meta trademarks for “Meta Pay” hint at plans for a crypto payments platform

In the United States, Meta, previously Facebook, has filed five trademark applications for what looks to be a new digital platform called Meta Pay. The post Meta trademarks for “Meta Pay” hint at plans for a crypto payments platform appeared first on CryptoSlate.

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Germany Announces, No Tax On Crypto Sales For Investors Holding For 1 Year

According to Katja Hessel, German Parliamentary State Secretary, crypto traders can get tax exemption benefits on the sale of digital currencies. Furthermore, if they have held onto their assets for one year or more, they will not have to pay taxes on the money they make from the crypto sales. The Federal Finance Ministry of […]

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Bahamian government hopes to allow residents to pay taxes with digital assets in 2022

“We have a vision to transform The Bahamas into the leading digital assets hub in the Caribbean,” said Philip Davis, prime minister of the Bahamas.

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Bahamas to Allow Citizens to Pay Taxes With Digital Assets

The government of Bahamas released a white paper detailing the future of its digital-asset sector and saying it will let citizens pay taxes with crypto.

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Crypto For Sandwich And Fuel: Aussie Convenience Store Giant To Enable Crypto Payment At 170 Branches

By the middle of this year, Australians will be able to pay with crypto at service stations and convenience stores in South Australia, as private enterprises warily embrace digital currency payments.

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Valkyrie Investments‘ Leah Wald on Bitcoin ETFs and the future of digital assets

Valkyrie Investments CEO Leah Wald opens up on the importance of Bitcoin ETFs and why the traditional financial world should pay attention to digital assets moving forward.

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With sanctions at the fore, will Russia adopt the digital yuan? Well, it might...

You may know the 'Society for Worldwide Interbank Financial Telecommunication' as SWIFT - a cross-border payment system that makes it possible for users worldwide to shop, transfer money, pay fees, anThe post With sanctions at the fore, will Russia adopt the digital yuan? Well, it might... appeared first on AMBCrypto.

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Colorado residents can now pay their taxes in crypto

As a sign of the mainstream public’s continued adoption of digital assets, Governor Jared Polis of Colorado, a state in the western part of the United States, disclosed that they would start accepting cryptocurrencies like Bitcoin and Ethereum as a payment option for taxes in the state.

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Google Pay Could Be the Next to Offer Support for Bitcoin, Ether, other Cryptocurrencies

Google Pay, the highly successful payments app of Google is reportedly mulling entering the crypto trading space. Google Pay to Offer Bitcoin, Ethereum? According to a report by HT Tech published on January 27, Google Pay could soon be introducing support for the sale and purchase of leading digital assets such as bitcoin (BTC), etherRead More

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