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Crypto Players Plea for More Opposition to FinCEN Regulation Proposal
29.12.2020
Industry players are urging the crypto community to mount an assault on Washington in a bid to halt an under-fire proposal from the US Treasury Department and the Financial Crimes Enforcement Network (FinCEN). The proposal seeks to require crypto operators to abide by regulations used to police...
Okcoin and Coinbase to Halt XRP Trading Due to the US SEC Lawsuit Against Ripple
29.12.2020
Two major cryptocurrency exchanges joined the XRP trading suspension campaign in the wake of the U.S. Securities and Exchange Commission (SEC) lawsuit filed against Ripple Labs on December 22, 2020. Two Major Crypto Exchanges to Suspend XRP Trading in January 2021 The last week of 2020 started with...
Simplex partners with Visa to issue crypto debit cards
29.12.2020
Fiat-to-crypto on-ramp service provider Simplex has partnered with Visa to allow its client firms to issue crypto debit cards
India Considers 18% GST on Bitcoin Transactions
29.12.2020
The Indian government is reportedly mulling over imposing an 18% goods and services tax (GST) on bitcoin transactions. According to the Central Economic Intelligence Bureau, the government could gain Rs 7,200 crore annually from this bitcoin taxation. 18% GST on Bitcoin Trades The Central Economic...
Grayscale Has $19B in Crypto Assets Under Management, Up From $16.4B Last Week
29.12.2020
The digital asset manager held $19 billion in assets under management as of Monday, up from last week's $16.4 billion
Why is the crypto world pinning hopes on DigiByte?
29.12.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Talk about the most promising crypto blockchain platforms today and you have DigiByte raking up a fair share of the limelight. Founded by leading crypto expert Jared Tate, DigiByte stands out as one of...
Digital Currencies Could Outshine SWIFT System, Says Central Bank of Russia’s Deputy Governor
29.12.2020
The first deputy governor of the Central Bank of Russia (CBR) has been vocal in a recent online meeting, reported by Russia Today (RT), about the topic of digital currencies challenging the SWIFT international payments system and make it redundant. Digital Currencies Could Challenge SWIFT System...
The Bitcoin Treasuries List Exceeds $30 Billion – 29 Companies Hold BTC Reserves
29.12.2020
More than 1.1 million bitcoin or over $30 billion worth of the crypto asset is held by a myriad of companies, according to the web portal bitcointreasuries.org. The massive stash of bitcoin reserves held by well known companies started swelling after the billion-dollar firm Microstrategy purchased...
South Korean Crypto Exchanges Prepare for Order Book Sharing Shutdown
29.12.2020
Source: Adobe/Андрей К
A number of South Korean crypto exchanges are ceasing policies that see them share order books with overseas exchanges in preparation for the promulgation of a new crypto law that comes into force early next year.
As reported, a series of amendments to a financial law will...
Legal Battle Between Bitmain Co-Founders Appears to End With Micree Zhan Taking Control of the Company
28.12.2020
The long-lasting legal battle between co-founders of China-based Bitmain seems to have seen the light at the end of the tunnel after both parties agreed to reach an agreement. Legal Tussle Between Bitmain Co-Founders Reportedly Ended With a $600 Million Compensation for Jihan Wu According...
Vauld Raises $2 Million to Establish Stronghold in India
28.12.2020
Singapore-based crypto bank Vauld is working hard to elevate crypto to the status of a separate, viable asset class. It combines the functionality of an exchange with all the essential offerings of a bank, except it’s for cryptocurrencies. Vauld Raises $2 Million The Vauld team just raised...
Crypto Listing and Delisting Announcements: Week 52
28.12.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
BlackRock is looking to hire a blockchain VP with experience in crypto assets
28.12.2020
The world’s largest asset manager is looking to fill the role of vice president, blockchain lead
Central Bank of Iran Official Says Cryptocurrencies Have ‘Made No Contribution to Bypassing Sanctions’
28.12.2020
An official with the Central Bank of Iran (CBI) has claimed that cryptocurrencies have played no significant role in Iran’s sanction hit economy. According to Mohammadreza Mani Yekta, the deputy head of CBI’s office for payment systems, “studies” have shown that digital...
Crypto taxes, reporting and tax audits in 2021
28.12.2020
Just remember, the IRS is quite interested in crypto and is taking steps to unearth those who do not report
Lending Platform Vauld Raises $2M to Grow Into a Full Crypto Bank
28.12.2020
Vauld, formerly called Bank of Hodlers, raised $2 million in a round led by Pantera Capital to expand its crypto banking platform
BlackRock Prepares to Make More Crypto Moves + More News
28.12.2020
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
The American asset management giant BlackRock is looking to expand its crypto team, and has posted a vacancy for the new role...
XRP is a Crypto Asset in Japan, Not a Security, Ripple Partner SBI Claims
28.12.2020
The SBI Holdings statement refers to a research article by Sadakazu Osaki of the Nomura Research Institute indicating under Japanese law XRP is a "cryptocurrency asset" and not a security
Crypto Market Sentiment Slips; Binance Coin Takes The Medal Again
28.12.2020
In the second-to-last week of 2020, the market had another rally and bitcoin (BTC) hit new all-time highs, but the market sentiment dropped. The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins fell from the positive 6 it managed to climb to in the week...
Shark Tank’s Kevin O’Leary Warns Regulators Will Come Down Hard on Bitcoin — ‘It Will Be Brutal’
28.12.2020
Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, has warned about regulators coming down hard on bitcoin. In addition, he says that “even if bitcoin were to go up another 2,000%, it’s completely irrelevant to institutional clients.” Kevin O’Leary Warns...