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Russian Finance Ministry, Central Bank at Loggerheads over Crypto Tax - Report


The Russian Ministry of Finance and the nation’s Central Bank are still at odds over crypto tax laws, per a local media report. According to Interfax, an anonymous “source familiar with the talks” between the two parties, who must forge the nation’s crypto policy, “cannot agree” on a number of...

Insurance Giant AXA Allows Swiss Clients to Pay for Services With Bitcoin


The French multinational insurance firm AXA is now allowing clients in Switzerland to pay for services in bitcoin. The newly added support is part of the company’s “digital future” and stems from customer demand for crypto payments. AXA Supports Bitcoin Payments In Switzerland...

MIT Crypto Professor Gary Gensler Confirmed as New SEC Chairman


The U.S. Securities and Exchange Commission (SEC) now has a new chairman, Gary Gensler. President Joe Biden’s pick, the MIT professor, whose classes included blockchain technology, digital currencies, and financial technology, has been confirmed by the Senate to lead the SEC. SEC Has a...

Crypto-First Trading App SimpleFX to Introduce Staking


PRESS RELEASE. SimpleFX, one of the world’s leading trading apps with both crypto and fiat accounts is going to invite traders to try out their beta staking module. The trading app is already recognized as a great alternative to mainstream Robinhood or eToro platforms. They win new users...

200-Year-Old American Wine Shop Now Accepts Cryptocurrencies 


Nearly every day now a new company is announcing the acceptance of cryptocurrencies in some form or another. Now one of the world’s largest fine wine auction houses and America’s oldest wine shop Acker has revealed digital currency acceptance to pay for auction payments and retail wine...

KuCoin Labs Launches 50 Million Fund to Find The Next Crypto Gem


Disclaimer: The text below is a press release that was not written by Cryptonews.com. On April 15, 2021, KuCoin, an IDG backed crypto exchange, announced the official launch of KuCoin Labs, an incubator and research arm in the KuCoin ecosystem. As the first step, KuCoin Labs has also established...

S Korean MPs Seek to Ban Crypto Felons from Returning to the Industry


Convicted South Korean crypto criminals should be barred from re-entering the domestic crypto market, lawmakers have stated – as politicians continue what they have vowed will be a “crackdown” on irregularities in the industry. Per the media outlet Weekly Today, the influential MP Lee Jung-mun,...

Popular Nightclub E11even Miami Reveals Cryptocurrency Payment Acceptance


While crypto assets have seen monumental gains this week, the popular nightclub in Florida, E11even Miami will accept bitcoin and a slew of other digital assets for merchandise, beverages, and tables. Following the pandemic, E11even Miami will be reopening on April 23 and will have crypto asset...

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