2020-1-27 02:56 |
Modern global economy requires a brand new currency for its needs and new technology can offer a reliable solution
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The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and expert digital currency mentorship.
2021-6-29 18:00 | |
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Japan’s Virtual Currency Exchange Association has released new data about its members for November 2019. The data includes transaction amounts and the number of active crypto trading accounts.
2020-1-27 14:09 | |
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The central bank of Bahrain is the first to pilot a new toolkit developed by the world economic forum. This toolkit will help Bahrain’s central bank determine if a Central Bank Digital Currency (CBDC) is the right fit for the gulf kingdom.
2020-1-24 17:00 | |
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In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines […] The post Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies appeared first on Bitcoin News.
2020-1-23 07:55 | |
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Bitcoin, for the good and the bad? The largest cryptocurrency in the market, Bitcoin is not new for being under the limelight as a tool used for terror funding, money laundering, and the currency oThe post Not all Bitcoins 'received by Cash4PS in its lifetime were donations to PRC' appeared first on AMBCrypto.
2020-1-22 09:34 | |
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The world’s major central banks are coming together to assess the development of their own digital currencies, now that their role is being challenged by new technologies and the entry of giants like Facebook, through Libra.
2020-1-22 20:20 | |
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U. S. Congress has introduced a bill that could make it easier for consumers to spend their Bitcoin. Representatives proposed the bill on Thursday, Jan. 16. Known as the Virtual Currency Fairness Act of 2020, the bill eliminates the need for consumers to calculate taxes on crypto transactions that result in capital gains under $200.
2020-1-22 11:10 | |
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U. S. Congress has introduced a bill that could make it easier for consumers to spend their Bitcoin. Representatives proposed the bill on Thursday, Jan. 16. Known as the Virtual Currency Fairness Act of 2020, the bill eliminates the need for consumers to calculate taxes on crypto transactions that result in capital gains under $200.
2020-1-21 11:10 | |
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Crypto Dad wants to digitize the greenback. His new venture, the Digital Dollar Project, is a foundation set up to advocate for a US central bank digital currency (CBDC). But is it necessary? What Libra Did Interest in CBDCs has been growing since Facebook threatened to undermine the international monetary order with the creation of […] The post Why Crypto Dad Wants to Digitize the Greenback appeared first on Crypto Briefing.
2020-1-21 19:31 | |
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A bill has been introduced in the U. S. state of Oklahoma to establish a new type of state-chartered financial institution that will be “the central depository for virtual currency used by governmental agencies in this state.
2020-1-20 21:01 | |
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On Friday, The North American Bitcoin Conference (TNABC) convened for its final day with a great deal of well known speakers from the blockchain and cryptocurrency industry. The slew of speakers discussed topics like the future of crypto mining, SLP tokens, digital currency enterprise solutions, creating new markets, and what to expect from government regulation […] The post Simple Ledger Protocol Shines During the Final Day of TNABC Miami appeared first on Bitcoin News.
2020-1-18 04:35 | |
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The taxation of crypto assets may well be hindering their adoption in the United States. Deemed a commodity by the CFTC and property by the IRS, each time an individual makes a purchase with a digital currency, they are almost certainly creating a taxable event.
2020-1-17 01:00 | |
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Cryptocurrencies could be at the heart of a new Cold War, at least according to some investors at the Crypto Finance Conference in St. Moritz.
2020-1-17 01:00 | |
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A Congressional bill seeking to exempt daily crypto purchases and transactions from capital gains taxation has been returned to the US Congress. The bill known as “The Virtual Currency Tax Fairness Act of 2020,” seeks to exempt digital currency expenditures that are personal transactions from capital gains taxation. Users will not be required to report […]
2020-1-17 00:18 | |
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At least a third of new small businesses in the U. S. are accepting crypto payments according to a survey by HSB. However, growing cyber threats connected to virtual currencies might scupper virtual currency adoption by smaller businesses.
2020-1-16 18:00 | |
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A new paper from the PBoC says the “top-level” design of its digital currency is complete while AMLD5 in Europe is causing crypto companies to flee.
2020-1-11 23:00 | |
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In China, all eyes are on the government and its central bank digital currency. This has allowed Baidu to get ahead of the pack and launch its own currency. This new currency, known as Xuperchain, is an actual cryptocurrency.
2020-1-7 07:00 | |
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The Federal Reserve Bank of New York has just injected a fresh batch of money into financial markets to calm them for the new year. With each iteration, the case for a deflationary currency like Bitcoin only grows stronger.
2020-1-5 21:42 | |
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Within just a decade, mankind will be well on the way to ending extreme world poverty. A new, encrypted Wi-Fi network will connect people on Earth. And a near indestructible blockchain financial system and global currency will exist off-world, invulnerable to the effects of war, conflict, solar flares, meteor impact, global catastrophe, cyclones, banking and market collapse and other catastrophic events.
2019-12-30 13:30 | |
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Coinspeaker Russian Central Bank Tests New Kinds of StablecoinsThe Russian Central Bank is working with corporate entities in implementing its digital currency - stablecoins backed by real assets.Russian Central Bank Tests New Kinds of Stablecoins
2019-12-28 18:07 | |
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A new “digital fiat currency” for the Bahamas could turn the island nation in to a crypto testbed.
2019-12-27 21:10 | |
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Tencent, the Chinese internet giant and owner of WeChat, is reportedly forming a team to explore possible new use cases for cryptocurrencies.
2019-12-24 17:30 | |
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China’s new sovereign digital currency would not be open to speculation like other cryptocurrencies, said a Chinese central bank official on Saturday. Mu Changchun, head of the People’s Bank of China’s digital currency research institute said it would be a “digital form of the yuan” that wouldn’t need the backing of a basket of fiat […]
2019-12-23 19:11 | |
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Digital currency prices plummeted on Tuesday, as cryptocurrency markets lost billions during the morning trading sessions, New York time. BTC dropped well below the $7k range and other digital assets followed BTC’s path with sharp losses.
2019-12-18 17:21 | |
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Beijing’s sudden rush into blockchain development and digital currency hasn’t gone unnoticed. From America to Europe and back to Asia, governments have started thinking about this new racetrack in more serious terms.
2019-12-18 22:00 | |
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New research from the European central bank claims that a central bank digital currency system that protects user privacy is possible
2019-12-18 17:33 | |
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A new report by Germany’s largest lender, Deutsche Bank, suggests that blockchain-powered digital currencies could replace cash payments within the next decade. The report says that fiat currency as we know it today may soon give way to new alternatives.
2019-12-17 14:05 | |
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A digital Swiss franc would do more harm than good and bring financial risks, according to the nation's government.
2019-12-14 15:30 | |
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Binance presents Latamex, a new platform that allows Latin American users to buy crypto using local fiat currency
2019-12-13 15:07 | |
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China’s securities regulator reportedly plans to set up a tech division that will be headed by the former chief of the central bank’s digital currency initiative
2019-12-11 16:03 | |
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China's securities watchdog is reported to be hiring Yao Qian, the former head of the central bank's digital currency initiative, as the chief of its new tech regulation bureau.
2019-12-11 13:15 | |
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During the last few years, Bitcoin (BTC) expanded in the market as a cryptocurrency that could be easily exchanged and transacted. Moreover, many investors believed that this was a new asset class, and enthusiasts considered it a currency that could be used to perform daily purchases.
2019-12-10 21:45 | |
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The Saga Foundation, a Swiss non-profit created last year dedicated to developing new technologies in open and decentralized software, is launching a new virtual currency called Saga (SGA). The token is connected to the International Monetary Fund’s (IMF’s) cash reserve that can initially only be owned by accredited and identified investors.
2019-12-10 21:00 | |
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Bakkt, the Bitcoin (BTC) trading platform geared toward institutional investors on December 9, 2019, announced that it had launched two new digital currency products – Bakkt Bitcoin Monthly Options, and Bakkt Bitcoin (USD) Cash Settled Futures.
2019-12-10 00:00 | |
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In this regulatory roundup, we cover the U. S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U. S. government toward crypto regulation.
2019-12-9 16:35 | |
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Coinspeaker People’s Bank of China Is to Try Out Its New Digital Currency in Two CitiesThe People's Bank of China is preparing for testing its digital currency in the cities of Shenzhen and Suzhou.
2019-12-9 11:48 | |
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Many people questioned the viability of issuing Donuts on the Ethereum blockchain. This new currency for the Ethtrader subreddit has been well-received by the community so far. For a token that is only usable on a subreddit, one wouldn’t necessarily expect there to be much interest.
2019-12-8 02:00 | |
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Kraken, one of the oldest bitcoin trading venues in the world, has announced the addition of the Swiss franc (CHF) to the growing list of fiat currencies supported on the exchange. In collaboration with its new banking partner, Bank Frick, Kraken will now offer users CHF deposits and withdrawals, according to a blog post onRead MoreRead More.
2019-12-6 18:00 | |
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Saga is a cryptocurrency launching soon, and it seeks to be nothing less than a new global currency
2019-12-5 04:00 | |
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Japan's MUFG Bank and Recruit Holdings were said to be launching a digital currency as part of a new payments venture. MUFG has now put that claim in doubt.
2019-12-4 13:32 | |
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Major Japanese bank MUFG has denied local media reports that it will launch a digital currency in 2020
2019-12-4 13:02 | |
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A press release from December 3rd says the new currency comes as a start of a wider initiative to help the fintech sector develop. It will be introduced at the symposium held by the DVI Digital Economy, and function as a stablecoin 1:1 pegged to the US dollar. The BVI have been using the US […]
2019-12-4 01:48 | |
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As Facebook undergoes an onslaught of criticism for its practices, questions surrounding the launch of its Libra digital currency continues to mount. Given that cryptocurrencies have been designed to circumvent the problem of trust, can Facebook do anything to overcome its issues relating to privacy? The furor over Facebook and its exploitation of user data […] The post As Facebook Faces New Inquiry, Libra Looks Unlikely to Earn Public Trust appeared first on BeInCrypto.
2019-12-4 23:14 | |
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Управляющий активами на $60 млрд WisdomTree запустил торгуемый на бирже продукт на базе биткоина (ETP) на крупнейшей фондовой бирже Швейцарии SIX Swiss Exchange. Today, the Swiss Stock Exchange SIX welcomes Wisdomtree Europe as a New Crypto Currency ETP Issuer.
2019-12-3 16:03 | |
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The European Central Bank is exploring the potential for a digital currency, which would allow direct injections of liquidity to consumers, said Christine Lagarde, the bank’s new president. Digital Currency Optimism from IMF to ECB In her first hearing before the European Parliament as the head of the ECB, Lagarde continued spreading the message that central banks may adopt a digital currency.
2019-12-3 14:00 | |
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Crypto markets are still cooling off from a massive bout of FOMO that originated from China last month. The state’s new endorsement of blockchain technology sent a shock wave of excitement throughout the space, as the nation prepares to launch its own sovereign digital currency.
2019-12-3 22:00 | |
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The South African Reserve Bank (SARB) is aiming to introduce new ‘crypto rules’ to crack-down on cryptocurrency use-cases in evading currency controls. The rules will likely come forth in the first quarter of 2020.
2019-12-2 16:52 | |
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The South African Reserve Bank will reportedly introduce new rules on cryptocurrencies to deter users from evading currency controls
2019-12-3 15:56 | |
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The currency for the Ripple payment network, XRP's transactions are on the rise. Less than a week after its previous surge, XRPL transactions have hit another all-time high. This time, the transactionThe post XRP transactions record new ATH on Thanksgiving appeared first on AMBCrypto.
2019-12-1 20:00 | |
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Chanalysis submitted a Polkadot governance proposal on April 18 that could lead to a $10 million partnership. The services provided by Chainalysis will include monitoring and tracing the DOT token activities on the Relay Chain, ensuring visibility of any potentially risky on-chain actions to regulators and institutional entities.
Banking giant HSBC is set to introduce digital asset custody services for tokenized securities such as bonds on the blockchain. The bank expects to go live with the service in 2024. The service is geared toward institutional investors and will continue expanding the lender’s offerings in the digital asset realm.
Advocates for the Bitcoin Lightning Network and decentralized protocol Nostr funded Kweks’ Kilimanjaro climb.
Polygon Labs announced on Sept. 29 that it has added Google Cloud to the decentralized group of validators powering its proof-of-stake Network. Polygon said in its statement that Google Cloud is now among more than 100 validators who secure the Polygon PoS Network, a network that originally operated under the name Matic Network and which […] The post Polygon adds Google Cloud to its validator set appeared first on CryptoSlate.
Pudgy Penguins has announced a merchandising deal with retail giant Walmart that will introduce its IP to the megastore’s shelves in over 2,000 stores. The Pudgy Toys—plush collectibles that will now be sold alongside legacy brands in Walmart’s brick-and-mortar stores—will offer access Pudgy World, a digital social experience on zkSync Era.
Citigroup has launched the pilot of its Citi Token Services, a new platform aimed at bolstering cash management and trade finance mechanisms. The company announced in a press release that the service leverages blockchain and smart contract technologies to provide innovative digital asset solutions for institutional clients.
The Japanese government is set to adjust regulatory frameworks, enabling startups to raise funds by issuing digital assets to investors, according to a report from Nikkei. The revision applies to startups receiving investments from investment funds, which may receive their stakes in digital assets instead of traditional stocks or securities.