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European Football Giant SL Benfica Said Yes to Crypto (Almost)


More good news came out of the merger of sport and crypto. One of the biggest names in European football, SL Benfica, started accepting crypto as payment “to buy match tickets and the entire range of Benfica products” in a “cheaper, safer and faster [way] than any other online payment method”,...

Bitcoin and Altcoins Correcting Losses but Facing Uphill Task


After a steady decline, bitcoin price found support near the USD 7,500 level. BTC/USD started an upside correction and recovered above the USD 7,650 and USD 7,700. The price is currently (08:00 UTC) consolidating and facing a lot of hurdles on the upside near USD 7,900 and USD 8,000. Similarly...

India’s Central Bank Denies Knowledge of Bill to Ban Cryptocurrencies


India’s crypto regulation is reportedly ready and there has been much speculation about what it contains. An Indian lawyer has gotten some answers from the Reserve Bank of India about a bill allegedly seeking to ban cryptocurrencies. Surprisingly, the central bank claims that it does not have...

Tax Crackdown on Crypto: 60 Targets, 'Global' Institution Involved


International coalition against crypto tax criminals, J5, is working on 60 investigations, while at least one "global financial institution" and its intermediaries are being targeted among others, a member of J5, the Australian Taxation Office (ATO), confirmed. The ''global" institution and...

Facebook Coin to be Unveiled in June, 'Nodes', ATMs Coming - Report


Social media giant Facebook is expected to unveil its digital token this June and is looking for outside backers that would act as "nodes" of this new coin network, The Information reported, citing undisclosed people briefed on the plan. The social network has talked to dozens of financial...

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