Search
Brazilians Will Be Able to Pay Taxes With Crypto
13.2.2023
Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching the option of paying a set of taxes with crypto, using Bitfy, a Brazilian cryptocurrency startup, as a payment processor, exchanging the cryptocurrencies paid...
Crypto Custody Service Bakkt Discontinues Consumer App as Regular Crackdown Intensifies
13.2.2023
Bakkt, a crypto custody service that includes an app where consumers can view and transact with assets, has announced the closure of its consumer-facing app as regulatory scrutiny increases.
In a Monday press release, the digital asset company said it is shutting its consumer-facing app to focus...
Brazil's Largest Public Bank Enables Tax Payments to Be Made With Crypto
13.2.2023
The service will operate in partnership with Bitfy, a startup focused on blockchain solutions
Coins of War: How Crypto Keeps Feeding Russia's War Despite Sanctions
13.2.2023
Russian troops in Ukraine receive millions in crypto donations, despite international sanctions. CoinDesk investigates how these funds are flowing and talks to fundraisers
Crypto Payments Firm Wirex and Visa Expand Partnership to 40 Countries
13.2.2023
Cryptocurrency payments app Wirex has signed a long-term global partnership with Visa that will see the partnership expand its footprint to 40 countries
AI crypto coins plunge; Is this a good time to buy the dip?
13.2.2023
Artificial Intelligence will thrive in the technology sector and potentially revolutionize the crypto industry, accelerating the growth of new technologies, facilities, and social & financial networks that make transactions and transfers faster. Some of the AI crypto projects are performing...
France to Tighten Crypto Registration Rules Next January
13.2.2023
The plan, set to be rubber-stamped by the National Assembly and Senate, veers away from a more onerous proposal to require a license as of October
Fifth-Largest Holder of Polygon Tokens Is Little-Known Chinese Crypto Project
13.2.2023
Chinese cryptocurrency staking project Avatar has become the fifth-largest holder of polygon (MATIC), accumulating 22 million tokens worth $22.5 million
SonicUnwrap Protocol smoothens Crypto transactions with innovative feature
13.2.2023
UPI system in India will soon host an upcoming decentralized transaction for crypto with a core focus on security and seamless movements of tokens among the community. Per the announcement made by Sonic through an official blog post, the venture is working to bring v2 – SonicUnwrap Protocol...
Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether
13.2.2023
The exploiter is probably earning yields on staked cryptocurrency
Income Tax Applies to Crypto Trading in Bosnia, Tax Administration Says
13.2.2023
Individuals are expected to pay income tax on gains from cryptocurrency trading, the tax authority of Bosnia has determined. In the absence of dedicated regulations, the federal government in Sarajevo has set up a working group to assess various risks associated with digital assets. Income Tax...
SEC lawsuit against Paxos over BUSD baffles crypto community
13.2.2023
Members of the community were confused and argued that people buying the stablecoin are not expecting it to go up in value
Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release
13.2.2023
Observers expect Tuesday's U.S. CPI report to show continued disinflation in the world's largest economy
Bernstein Says Regulatory Backlash Will Lead to More DeFi and Offshore Crypto
13.2.2023
Regulatory overreach will spur movement toward decentralized finance apps built directly on-chain by anonymous teams, the report said
Restrictive Crypto Rules for EU Banks Confirmed in Published Legal Draft
13.2.2023
Banks in the European Union would have to treat crypto as the riskiest kind of asset and disclose exposures while awaiting more detailed rules
Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach
13.2.2023
Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $30 million settlement that Kraken, another U.S.-based crypto exchange, completed with the U.S....
Crypto Lender Nexo Stopped EIP for US Clients on Feb. 10
13.2.2023
Last month, Nexo paid a $22.5 million fine to the SEC for failing to register the offer and sale of EIP
London is going to host the largest crypto & blockchain conference
13.2.2023
After 4-years of its successful events chain despite the bear market, the Blockchain Economy Summit’s 6th edition is scheduled for February 27-28, to be held in London, UK. This Major crypto event in the UK will host more than 3,000 attendees from 65 countries. As one of the main financial centers...
Blockchain Life will host the 10th Global Blockchain and Crypto Forum in Dubai
13.2.2023
The 10th Global Forum on blockchain, cryptocurrencies, and mining – Blockchain Life 2023 takes place on February 27-28 in Dubai. The event is attended by key industry players, government representatives, heads of international companies and funds, investors, promising startup teams,...
SEC's crypto staking crackdown has uncertain consequences for DeFi: Lido Finance
13.2.2023
A Lido DAO member raised concerns over what impact the SEC’s crackdowns on staking could mean for the future of DeFi in the U.S