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India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar
3.4.2023
The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments for countries...
Bitcoin Profits Deemed Taxable by Denmark’s Supreme Court
1.4.2023
Profits from the sale of cryptocurrencies like bitcoin are taxable, according to two rulings by the Supreme Court of Denmark. The verdicts in the cases, which involve crypto purchases and payments as well as income received from bitcoin mining, uphold decisions of lower courts. Denmark’s High Court...
BUSD deposits and withdrawals via OCBS suspended on Binance.US
31.3.2023
Binance.US said it temporarily disabled One Common Billing System and BUSD stablecoin pairs after halting Apple Pay and Google Pay deposits
China Makes Advances in Ditching the US Dollar for Settlements — Inks Deal With Brazil and Completes First Yuan LNG Purchase
31.3.2023
China has been advancing its goal of positioning the yuan as an alternative to the U.S. dollar for settling international payments. The Chinese government recently struck a bilateral deal with Brazil to settle trades using their national currencies and completed a purchase of Liquefied Natural...
Indonesian government looks to NFTs to preserve cultural heritage
30.3.2023
The Deputy of Indonesia’s Ministry of Tourism and Creative Economy explains how NFTs and cryptocurrency can help solve social and economic challenges within Indonesia
How to mitigate the security risks associated with crypto payments
29.3.2023
Learn how to mitigate security risks associated with crypto payments through methods such as hardware wallets and secure exchanges
Today in Crypto: BitKeep Rebrands to Bitget Wallet, IOTA Launches ShimmerEVM Test Chain, Bitso Trippled US-Mexico Transactions in Partnership with Ripple
29.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BitKeep Rebrands to Bitget Wallet, IOTA Launches ShimmerEVM Test Chain, Bitso Trippled US-Mexico...
Africa: The next hub for Bitcoin, crypto adoption and venture capital?
29.3.2023
Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it
Nigerian crypto investors question central bank's decision to flag p2p users
29.3.2023
Crypto P2P users in Nigeria worry over using various platforms to launder funds as the country's central bank cracks down on bank accounts that receive a share of Flutterwave’s rumored stolen funds
Zebedee Debuts Global Payment Service Powered by Bitcoin’s Lightning Network
28.3.2023
The service is currently available in the U.S., UK, EU, Brazil and the Philippines, but Zebedee plans on expanding the service to accommodate “all countries and currencies across the world.”
Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials
28.3.2023
Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against...
Huizhou, China, Enables Digital Yuan Tax Payments – Is CBDC Adoption Increasing?
28.3.2023
The city of Huizhou, in China’s Guangdong Province, has announced that businesses can now use the digital yuan – China’s central bank digital currency (CBDC) – to make tax payments.
Per HZ News, a construction firm named Huizhou Puli Curtain Wall Engineering recently became the first firm...
EU Money Laundering Law Won’t Prevent Crypto Payments, Lead Lawmaker Says
28.3.2023
The new legislation, which will be put to vote on Tuesday, is set to impose new restrictions on transactions from self-hosted wallets
EU Lawmakers to Vote on Limited Ban on Self-Hosted Crypto Payments
27.3.2023
Anti-money laundering plans have slightly liberalized but are set to bring NFT platforms into the regulatory fold
Today in Crypto: Ethereum Foundation Doubles Bug Bounty to $500K, Oasys Partners with SBI VC Trade, The Graph Integrates with Banxa, Tether's Excess Reserves to Increase by $700M in Q1 2023
24.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Ethereum Foundation Doubles Bug Bounty to $500K, Oasys Partners with SBI VC Trade, The Graph Integrates...
Digital Euro Key for European Payment Autonomy, ECB President Lagarde Says
24.3.2023
The digital euro has an important role in preserving the payment autonomy of Europe, the head of the eurozone’s monetary authority emphasized. The new currency, which is still under development, is meant to be sovereign and safe, cheap and widely available, Christine Lagarde assured during...
Short Seller Hindenburg Research Targets Billionaire Jack Dorsey's Payments Group, Block – What's Going On?
24.3.2023
Shares of Twitter founder Jack Dorsey’s fintech firm Block fell 15% on Thursday after the company was targeted by professional short sellers.
The fall in Block’s share price came as short selling firm Hindenburg Research announced that they had taken a short position in Block, Inc., a company...
How Crypto Ended Up at the Center of a Potential $20 Billion Internal Corruption Scandal in Venezuela — Bitcoin Mining Shutdown Results
24.3.2023
The establishment of sanctions by the Trump administration towards PDVSA, the state oil company in Venezuela, reportedly forced the hand of the government in the country to find alternative means of payment for crude oil. According to reports, more than $3 billion are missing from these payments...
Hindenburg Research reports Block short position, claiming fraud facilitation and inflated metrics
23.3.2023
"Block has wildly overstated its genuine user counts and has understated its customer acquisition costs," said the report
Today in Crypto: Bitpanda Partners with Visa, Near Joins Hands with WEMADE, Ethereum-based Decentralized RPC Goes Live
23.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitpanda Partners with Visa, Near Joins Hands with WEMADE, Ethereum-based Decentralized RPC Goes Live