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Wait For IRS Before Spending Bitcoin, NFT Exhibition, Crypto.org Chain + More News
26.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Taxes news
The active management firm Ark Invest founder Cathie Wood said that bitcoin (BTC) investors in the US shouldn't transact with the coin...
Chainalysis Valued at USD 2B as Investors See Demand For Crypto Intelligence
26.3.2021
US_based major blockchain analysis company Chainalysis announced today that it has raised USD 100m, bringing its valuation to over USD 2bn.
The company said that the Series D financing round was led by Paradigm, while previous investors Addition and Ribbit increased their investment in...
Former OCC official says crypto has backing but dollar ‘may not’
26.3.2021
Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.”
Bison Trails supports Crypto.com’s payments blockchain with key infrastructure
26.3.2021
Crypto.com’s Crypto.org Chain aims to bring cryptocurrency payments mainstream
Indonesian Govt To Launch Crypto Exchange to Get a Piece of Crypto Pie
26.3.2021
The Indonesian deputy minister of trade Jerry Sambuaga has announced that his ministry will launch its own crypto exchange in the near future. The initiative will allow the government to capture a share of the country’s booming crypto sector, with last year’s cryptoasset-related trade estimated...
Bank of International Settlements Chief Says Cryptocurrencies Being Used to Evade Laws- Advocates for More Regulation
26.3.2021
Agustin Carstens, the general manager at the Bank of International Settlements (BIS), has claimed that cryptocurrencies are “used to evade laws and should therefore face more regulation.” Carstens, who has attacked bitcoin in the past, suggests that many crypto assets are “used...
RBI Governor Says Government and Central Bank Agree on Cryptocurrency Approach
26.3.2021
RBI Governor Shaktikanta Das says that there is no difference of opinion between the Reserve Bank of India (RBI) and the finance ministry on cryptocurrencies. While the finance minister said that the government will not shut off all options and will take a calibrated position regarding crypto...
Crypto-focused software firm Lukka raises $53M in funding round
26.3.2021
Lukka said it planned to add additional features for customers dealing in derivatives, DeFi products, and other products of the crypto space
Jamaica Plans to Pilot a Central Bank Crypto, CBDC to Work Alongside Notes and Coinage
26.3.2021
While a number of countries are working on central bank digital currencies (CBDCs), on Tuesday, the Bank of Jamaica (BoJ) announced it will soon be piloting a CBDC project. The BoJ is working with a firm called Ecurrency Mint Incorporated and plans to pilot the cryptocurrency in May. Jamaican CBDC...
Avanti Financial raises $37 million to launch institutional crypto bank
26.3.2021
The digital asset bank will be aimed at institutional investors only, and there is no exchange planned
Major South Korean Bank BNK Busan Plans to Offer Banking Services to Domestic Crypto Exchanges
26.3.2021
The South Korean crypto frenzy among the banking industry remains on fire, as another major bank is treading waters to offer banking services for crypto exchanges. The BNK Busan Bank launched a program that consists of visiting competitors’ banks that already offer it. BNK Busan Is Visting...
SEC’s ‘Crypto Mom’ warns selling fractionalized NFTs could break the law
26.3.2021
Fractionalized NFTs and baskets of non-fungible tokens could easily be considered investment contracts under U.S. securities law, warns SEC Commissioner, Hester Peirce
Domestic and Foreign Buyers Acquired a ‘Tokenized’ Apartment in a Spanish City by Paying With Ethereum
26.3.2021
National and foreign buyers acquired a “tokenized” apartment in Spain with ethereum, which involved a domestic crypto exchange and a real estate investment firm. The city of Sevilla was the scenario for the crypto deal between the parties. Transaction Was Worth Over $64,000 According...
Zeitgeist Brings a Prediction Markets Ecosystem to Polkadot’s Kusama
25.3.2021
To capitalize on the growing popularity of blockchain trends like decentralized finance (defi), Zeitgeist will be rolling out a new native prediction platform for Polkadot to expand the scope of opportunities available for retail crypto investors. New Network to Build on Substrate and Launch...
Crypto.com launches CRO token mainnet
25.3.2021
The crypto exchange said the new open-source public blockchain was aimed at "payments, DeFi and NFTs."
New tech allows crypto users to mint NFTs with 'proof of presence'
25.3.2021
IoTeX's project uses "verifiable GPS data to mint NFTs that prove you were at a certain place at a certain time," said Larry Pang
Crypto Inflows Decline, Bitcoin's Taproot Has A Date + More News
25.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investing news
Average weekly asset inflows across all major digital asset investment product providers decreased by 70.5% since February to...
Fidelity Applies to Launch Bitcoin ETF Amid Accelerating Institutional Demand for BTC
25.3.2021
Fidelity has filed with the U.S. Securities and Exchange Commission (SEC) to launch a bitcoin exchange-traded fund (ETF). The ETF will track the price of bitcoin as measured by the performance of the Fidelity Bitcoin Index. Fidelity Seeks SEC’s Approval Launch a Bitcoin ETF FD Funds...
Texas chases after Wyoming with crypto law proposal, but challenges remain
25.3.2021
Will Texas follow in Wyoming’s footsteps to become the next crypto-friendly U.S. state?
India's government orders companies to disclose crypto holdings
25.3.2021
Recent amendments to India’s Companies Act will see firms in the country include their crypto involvement in all public financial reporting