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PayPal Crypto, Goldman Sachs Vehicle, BTC Bugatti and 20 Crypto Jokes
3.4.2021
What a week! (Well, another one.) PayPal will launch a service that would allow its customers to pay with BTC, ETH, LTC, and BCH, Visa partnered with Crypto.com to settle transactions in USDC on Ethereum, Goldman Sachs might offer its first investment vehicles for BTC and other unspecified digital...
Implementing the double-edged sword of KYC is a must for crypto exchanges
3.4.2021
The bull market effect has made Know Your Customer regulation more important than ever for cryptocurrency exchanges
Abkhazia Plans to Criminalize Crypto Mining as Energy Crisis Deepens— Extends Temporary Ban
3.4.2021
Crypto mining in Abkhazia is still a hot potato for the de facto state government, which is now determined to criminalize such activities. Continuous massive power disruptions, in parallel, are fueling the anger of the people towards crypto miners. Public Officials to Face Bigger Penalties...
Japanese Regulator Aims to Implement FATF Rules Toward Crypto Companies in 2022
3.4.2021
Japan’s Financial Services Agency (FSA) has revealed that the regulating body will adopt the Financial Action Task Force (FATF) “travel rule” and standards toward the cryptocurrency industry throughout the nation. Meanwhile, FATF’s rule has been considered far-reaching...
Ethereum Sets a New All-Time High Above the $2K Handle, Bitcoin Cash Markets Jump 8%
2.4.2021
The price of ethereum tapped a new all-time high (ATH) on Friday afternoon reaching an ATH of around $2,072 around 12 p.m. (EST). Today, ethereum’s market capitalization captures 12.3% of the crypto economy’s overall $1.9 trillion market valuation. Meanwhile, as ether prices jumped over...
Shark Tank’s Mark Cuban Says Ethereum ‘Is Closest Crypto We Have to a True Currency’
2.4.2021
The billionaire investor and television personality, Mark Cuban recently did an interview on the recent episode of a podcast and discussed crypto assets at length. Cuban says his cryptocurrency portfolio is 60% bitcoin, 30% ethereum, and the rest is dedicated to smaller cap cryptos. Mark Cuban...
Ukrainian MP Cashed in Her Crypto – and Made More than Twice Her Salary
2.4.2021
Kira Rudik. Source: A screenshot,Instagram/kira.rudik
An MP and the leader of a Ukrainian political party has revealed that her crypto trading income for last year was twice as high as her salary.
In an official declaration filing submitted late last month, Kira Rudik, a 35-year-old tech guru...
Next up, Bitcoin ETF by Fidelity: Crypto funds batting .000 against SEC
2.4.2021
The SEC is pitching a shutout against Bitcoin-based ETFs, and not even Fidelity’s storied name may be enough to overcome the obstacles
Ex-SEC Chair On Bitcoin Regulation, New BTC ETF, N Korean Crypto Hackers + More News
2.4.2021
Source: iStock/pichet_w
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
Former US Securities and Exchange Commission (SEC) chairman Jay Clayton, who now advises One River Asset...
Former Apple Music exec joins crypto firm Ledger as head of NFT division
2.4.2021
In his new position as Ledger’s vice president of NFTs, Brooks will be responsible for bridging the platform with the artistic community
'Guys, File Your Crypto Taxes, the IRS is Coming'
2.4.2021
A tax expert is warning that filing crypto taxes is a must in order to avoid penalties, as the taxman knows you've got reportable transactions.
This comes as the Internal Revenue Service (IRS), the service of the United States federal government responsible for collecting taxes, is officially...
Crypto.com NFT Drops: Snoop Dogg, Lionel Richie, Boy George and Many More
2.4.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Non-fungible tokens (NFTs) have taken the crypto world by storm. Crypto.com has recently launched its NFT marketplace in partnership with big names such as Snoop Dogg, Boy George, Lionel Richie and many...
What are Bots in Crypto Trading? How do They Work?
2.4.2021
Introduction Crypto trading has become one of the most profitable financial activities, thanks to the growing adoption and massive price rise of digital currencies. With over 7,000 cryptos worth half a trillion market capitalization and more than dozens of cryptocurrency exchanges, virtual asset...
Binance Abruptly Delists South African Rand Trading Pairs After Currency Fails to Meet ‘High Level Standard’
2.4.2021
In an abrupt move, Binance South Africa announced on March 31 that all South African rand (ZAR) trading pairs will be delisted on April 2. The crypto exchange adds in a statement that “all trade orders will be automatically removed after 10.00 UTC on April 1” in each respective trading...
IRS authorized to access information on Circle's crypto traders to nab tax cheats
2.4.2021
The Internal Revenue Services will seek information from Circle on all U.S. taxpayers who traded at least $20,000 worth of crypto between 2016 and 2020
Goldman Sachs to Offer Investments in Crypto Assets
2.4.2021
Banking powerhouse Goldman Sachs is all set to make its mark in the cryptocurrency space with its decision to offer a ‘full spectrum’ of crypto investments for its rich clients in the coming few months. This will make Goldman Sachs the second big bank to offer Bitcoin exposure to its wealthy...
New Data Shows Bitcoin Captured Net Gains For Six Consecutive Months
2.4.2021
According to Bloqport’s latest data, bitcoin, which ended the month of March with an overall gain of 29%, has now been in the green for six consecutive months. The data also shows that the crypto asset’s value has nearly doubled from its December 2020 closing price of $29,383 to...
Bitcoin’s Price Consolidates, Elon Musk Tweet Sends Dogecoin Surfing, Filecoin Surges
2.4.2021
While bitcoin prices have been consolidating just under the $60k handle, a number of other alternative digital assets have seen steep gains. Two coins, in particular, the decentralized storage network filecoin token and the notorious meme token dogecoin have jumped well over 10% during the last...
Abkhazia to Criminalize Crypto Mining and Extend ‘Temporary’ Ban
1.4.2021
The de facto South Caucasus state of Abkhazia’s crypto mining miseries continue to deepen, with the government set to criminalize mining – and extend a mining ban as power supplies continue to experience disruption.
As previously reported, anarchic scenes have become commonplace as large-scale...
Thai SEC says investors should have crypto trading experience
1.4.2021
Secretary-general Ruenvadee Suwanmongkol said the commission will be offering a free training course for investors who have no experience trading in cryptocurrencies