2022-4-20 13:56 |
Crypto-focussed Silvergate Bank recorded net income of $27.4 million in Q1 2022, more than doubling its income of $12.7 million for the corresponding quarter a year earlier.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Marketnode has joined forces with 10 multinational financial institutions, including BNY Mellon, Barclays, BNP Paribas, Citi, Deutsche Bank, Standard Chartered, and Societe Generale, amongst others, to launch an enterprise-grade blockchain-based fixed income solution, according to reports on September 27, 2021.
2021-9-28 10:00 | |
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There is also “no tax” - income or capital - on profits from Bitcoin investment in the country in order to “encourage foreign investment,” The post Chivo Implements Measures “Against Money Laundering,” El Salvador’s Largest Bank Accepts Bitcoin Payments first appeared on BitcoinExchangeGuide.
2021-9-14 22:18 | |
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El Salvador adopting Bitcoin (BTC) as a parallel legal tender to the US dollar in September could substantially lower the costs of remittances that are a vital source of income for millions. The post Central American bank: Bitcoin’s (BTC) success in El Salvador could mean legalization in other countries appeared first on CryptoSlate.
2021-8-27 22:00 | |
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Fiserv, Inc. (NASDAQ: FISV) announced its integration with Bitcoin services provider NYDIG that will enable banks and credit unions to meet growing mainstream interest in bitcoin, grow their customer base, and increase non-interest income opportunities.
2021-6-24 17:52 | |
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Mike Novogratz-founded Galaxy Digital reports a 58% increase in its comprehensive income as it has surged to $860 million in Q1 this year
2021-5-17 17:09 | |
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Bitcoin expects to extend its prevailing bull run in the sessions ahead just as the US begins another vast spending program, including direct payments to its citizens who will receive up to $1,400 per person depending on their income and tax filing returns.
2021-3-15 16:34 | |
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According to The Economic Times, India’s income tax authority is monitoring crypto investors and traders to demand income tax from them. This was reported by sources close to the government. The country’s tax department monitored cryptocurrency transactions that were conducted using bank accounts.
2020-12-6 20:11 | |
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Silvergate, a Fintech and crypto-focused bank, has reported another bullish quarter according to its latest earnings call. The Q3 Silvergate Bank stats show that they have been gaining on most fronts, especially with increased activity in the Silvergate Exchange Network (SEN).
2020-10-27 18:46 | |
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Binance acquired a multi-asset digital wallet and Visa debit card platform; Swipe has partnered with Evolve Bank & Trust to tap the US market. In the Q2 of 2020, the bank reported about $600k in total assets and a net income of $2,767.
2020-8-31 20:26 | |
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Silvergate Bank added 46 crypto customers in the first quarter and saw fee income and deposits increase from those customers because of “Black Thursday,” according to its earnings report released before market open on Wednesday.
2020-4-29 16:23 | |
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Coinspeaker Credit Suisse (CSGN) Stock Down 2%, Income Rises 75% but Pains from COVID-19 to ContinueCredit Suisse (CSGN) stock price is down. Meanwhile, the bank has released its first earnings report after the spying scandal and the resignation of its former CEO.
2020-4-24 14:39 | |
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Galaxy Digital is the digital currency bank involved with Mike Novogratz and as things stand now for the firm, there is good news. In the first 9 months of this year alone, the enterprise has made a head-spinning sum of $58.
2019-11-30 21:42 | |
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Federal tax season just passed in the United States, but if you’re one to leave responsibility to the wayside and had to apply for an extension, that might just pay off.
2019-5-1 23:39 | |
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The Russian Federation doesn’t exactly scream friendliness when it comes to financial innovation, but appears to be making an exception for a company called Bank 131. At a time when Russia is taking away banking licenses, this fintech business is the first to receive a license in four years.
2019-4-12 02:13 | |
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Jamie Dimon has doubled down on his calls for the rich to pay more in income taxes. The JPMorgan CEO has long been a supporter of a more progressive taxation system, and his views have only been sharpened by the recent Trump tax breaks which favored the rich.
2019-4-4 20:00 | |
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The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX).
2019-4-3 00:47 | |
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The Russian central bank seeks to impose new regulations on cryptocurrency. The central bank wants unqualified investors to be limited in how much cryptocurrency they can purchase. RCB reports that they will also institute an information-sharing system between crypto exchanges to ensure that no one goes over their limit.
2019-3-13 21:15 | |
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Small to medium enterprises serve as the backbone to many of the world’s developed and emerging economies. These are companies with fewer than 250 employees, who contribute up to 60 percent of total employment and up to 40 percent of a nation’s income (GDP) to their economies according to the World Bank.
2019-2-3 15:00 | |
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Romania has amended its tax laws, allowing it to start taxing gains from bitcoin investments at a rate of 10 percent. The improved fiscal code legislation categorizes earnings generated from buying and selling cryptocurrencies as “income from other sources” and therefore subject to income tax, local media reports.
2019-1-22 21:22 | |
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BMO hopes that Blockchain technology can help reduce the costs associated with fixed income markets.
2018-8-17 00:06 | |
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Another trial of blockchain technology for fixed income markets has reportedly been carried out by the Bank of Montreal in partnership with the Ontario Teachers’ Pension Plan. According to Bloomberg, the latest trial involved the movement of a Canadian-dollar debt deal over blockchain.
2018-8-15 22:02 | |
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In late 2009, Bitcoin founder Satoshi Nakamoto ushered in a groundbreaking approach to money by championing a digital payment system free from third-party intermediaries and governmental control.
2018-7-9 19:37 | |
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| Analogue Notcoin - TapSwap |
With the emergence of web2, social products have been at the forefront of the internet, allowing users to create and engage with content, giving them the power to have their voices heard by millions.
Grayscale launches NEAR and STX trusts, offering diversified crypto exposure for accredited investors. The post Grayscale Investments launches Near and Stacks crypto trusts appeared first on Crypto Briefing.
Like other areas, AI or Artificial Intelligence is also transforming the financial markets by helping traders make better decisions. AI can do this by utilizing predictive analytics and machine learning to analyze historical market & stock data.
Farcaster secures $150M in a funding roundled by Paradigm, with participation from a16z, USV, Variant, and Standard Crypto. The post Farcaster raises $150M led by Paradigm to expand decentralized social network appeared first on Crypto Briefing.
The creator of Cashu, a free and open-source Chaumian ecash protocol for Bitcoin, believes users should have cash-like privacy when they transact with BTC — or fiat currencies.
The tech industry can feel like a closed club, filled with jargon and seemingly impenetrable concepts. But what if you don’t have a computer science degree or years of coding experience? Does that mean you’re shut out of the exciting world of blockchain technology? Absolutely not.
The successful implementation of BTCPay Server at the Bitcoin Asia conference demonstrated that bitcoin can easily be used for payments.