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PayPal Makes Secretive Crypto 'Steps'
14.7.2020
Payments giant PayPal confirmed that it has taken "unilateral and tangible steps" to "develop its capabilities" in the cryptoasset area.
In a letter to the European Commission (EC), dated March 2020, the company did not elaborate on these steps, taken since the inception...
PayPal Letter Seems to Confirm Crypto Capability Rumors
14.7.2020
Global payments giant PayPal could indeed be developing a crypto-based solution, this document shows
Fidelity Digital Assets to Custody Bitcoin in Kingdom Trust Retirement Accounts
14.7.2020
Kingdom Trust CEO Ryan Radloff hopes the partnership with Fidelity will nudge the investment giant closer to serving retail crypto investors
Shariah Law Opens to Crypto Trading, but Full Adoption Highly Unlikely
14.7.2020
The Islamic world seems primed for widespread digital asset adoption, as well-respected scholars claim that crypto trading is fully compatible with Sharia law
Five Years On, Ethereum Really Is the ‘Minecraft of Crypto-Finance’
14.7.2020
The Ethereum community has delivered on many of its promises, says the author of a new book charting the blockchain's early history
US Army Seeks a Cloud-Based Solution to Track Illicit Crypto Activities
14.7.2020
The U.S. Army Criminal Investigation Division Command plans to use a web application to track and trace cryptocurrency transitions
Gate.io, Huobi Enter Booming Crypto Options Scene
14.7.2020
The two exchanges are moving into the crypto options scene, which continues to grow as volumes on spot and futures markets spiral
Iran Licenses 14 Bitcoin Mining Farms, Cuts Electricity Tariff up to 47% for Miners
14.7.2020
Iran has reportedly issued permits for 14 bitcoin mining farms and will cut up to 47% off of the electricity tariff in order to support authorized cryptocurrency mining centers. Crypto miners will soon have to register with the government. Iran Licenses More Crypto Mining Farms The Islamic Republic...
BitGo Releases Crypto Wallet Compliance Tool for FATF's Travel Rule
14.7.2020
Major digital asset firm BitGo announces API support for the Financial Action Task Force’s travel rule
Binance Rolling Out Crypto Card for EU, UK Markets
14.7.2020
Users in Europe will be able to apply for the Binance Card from August, those in U.K. will be able to do so shortly afterwards
Binance’s Swipe-Powered Crypto Debit Card Debuts in Europe
14.7.2020
Binance Card, a highly anticipated crypto debit card by Binance, will support four cryptocurrencies at launch
US Regulators Take Joint Action Against Crypto Firms’ Swaps Offering
14.7.2020
Two related cryptocurrency firms have fallen foul of U.S. financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency
Competition to Cut Fee Premium on 'Safer' Crypto Exchanges Too
14.7.2020
Despite some crypto exchanges still increasing their trading fees, the future may bring about a highly anticipated reduction in fees as competition heats up in the industry, crypto research firm Arcane Research said in a new report.
Even though bitcoin itself can be considered “a homogenous...
Even the IRS Admits Some Crypto Tax Regulations Are ‘Not Ideal’
14.7.2020
Have questions about filing your crypto taxes? CoinDesk dives into what we know (and what we don’t) about how the IRS is approaching the asset class
IRS Violated ‘Taxpayer Bill of Rights’ With 2019 Crypto Letters: Watchdog
14.7.2020
Nearly a year after the IRS sent intimidating letters to crypto holders, the agency’s watchdog says the campaign violated its Taxpayer Bill of Rights
Hodlers Can Donate Crypto to Charity to Minimize Tax Payments
14.7.2020
Donating crypto means it won’t be taxed, say The Giving Block and TAXbit, which published a guide to facilitate such donations
Crypto Taxes: Still Confused After All These Years
14.7.2020
Many tax professionals claim the recent guidance didn’t provide much clarity and created more confusion than it dispelled
Third Crypto Co-Founder Behind $25 Million ICO Scam to Plead Guilty
14.7.2020
Sohrab Sharma would be the 2nd co-founder behind the Centra Tech ICO scam to face prison following the conviction of Robert Farkas in June
Crypto Exchange Coincheck Supports Trading for BAT Tokens
14.7.2020
Coincheck joins Japan-based exchanges GMO Coin and BitFlyer in supporting trading for Brave’s Basic Attention Token starting on July 21
Chainlink Token Price Surges, Briefly Breaks Into the Top Ten by Market Cap
14.7.2020
The price of Link, the native token of the Chainlink network, soared in 48 hours gaining some 40% in that period. This rally saw the token briefly breaking into the crypto market capitalization top ten. At the time of writing, the token LINK had a market capitalization of nearly $2.6 billion easily...