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WEG Bank Plans Crypto Custody With New Partnership


Germany-based WEG Bank about to step up its crypto-related business as its fintech division TEN31 has teamed up with Munich-based white-label crypto custody provider Tangany to offer crypto custody solutions to its customers. According to the bank, this is "the next logical step"...

Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike


The U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According to Biden’s plan, capital gains will be raised from 21% to 39.6% for certain...

Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency


As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. Russia’s Central Bank Plans Digital Ruble The central...

Chinese Mining Rig Manufacturer Microbt Announces Offshore ASIC Factory


On Friday, China-based bitcoin mining rig manufacturer Microbt announced plans to create an offshore facility that produces the company’s Whatsminer devices and parts for North America. The firm revealed the expansion news when it announced a recent partnership with the New York-based Foundry...

Bitgo Plans to Launch Wrapped Bitcoin on the Tron Blockchain


Soon there will be another network that allows people to tokenize BTC in order to leverage the underlying blockchain’s speed and fees. On September 24, Bitgo, the custodian of the Wrapped Bitcoin project (WBTC), the most popular tokenized BTC platform to-date, announced a partnership with...

Japanese Exchange Operator FISCO Doubles Down on Crypto with New Plans


Japanese financial news service provider and crypto operator FISCO is set to expand its crypto operations, find new uses for its token, begin staking services and start providing software for online shareholder meetings using blockchain-powered voting technology. Per Coin Post, FISCO, which...

AntNet Strengthens Bond with Klaytn; Plans to Launch More BApps


Mobile storage infrastructure network AntNet revealed its plans to strengthen its collaboration with South Korea’s leading blockchain network Klaytn. In the official tweet, AntNet stated that Klaytn is the best suitable blockchain to develop its technology and other products. It further added that...

No Plans to Sell Bitcoin ‘On Short Notice,’ MicroStrategy CEO Confirms


Despite worries in the cryptoverse that the US-based software firm MicroStrategy might not be such a strong holder of bitcoin (BTC) as many had hoped, the company’s CEO said that he has been misrepresented by the media, and that he has no intention of selling bitcoin “on short notice.” The...

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