Bitcoin bull-bear market cycle signals potential bear market — Analyst

China’s digital yuan looks to be scaling smoothly but its core political slogan may disrupt further development. 387 Total views 6 Total shares China leads the development of central bank digital currency (CBDC ) in the world. Digital yuan has been already tested in some areas in China while Western nations have just started talking…

Bitcoin (BTC) exchange PrimeXBT announced that it partnered with blockchain development firm Bitfury in order to ensure regulatory compliance.According to a press release published on Sept. 9, PrimeXBT will be using Bitfury’s blockchain analytics and cryptocurrency compliance software Crystal. The exchange hopes that the implementation will heighten its Anti-Money Laundering and Combating the Financing of…

Kentucky needs to attract more crypto mining businesses by offering tax breaks, local lawmakers believe. 228 Total views 3 Total shares Lawmakers in Kentucky are looking to impose tax breaks for local cryptocurrency miners.Kentucky lawmakers on Tuesday approved several state tax breaks including House Bill 230, which would remove the sales tax from electricity purchased…

Tether has highlighted its compliance efforts after Ripple’s CEO said the U.S. government has its sights set on USDT.

Certain Coinbase users will need to disclose recipient information when sending cryptocurrencies to non-Coinbase wallets. 402 Total views 5 Total shares Citing compliance with local jurisdictions, crypto exchange Coinbase announced to soon collect additional information from users based in Canada, Singapore and Japan. Effective from April 1, Coinbase users from Canada, Singapore and Japan will be…

The highly anticipated yield-bearing NFTs have hit the market. 1315 Total views 7 Total shares After a string of delays related to congestion on the Ethereum blockchain, the Aavegotchi nonfungible tokens have hit the open market — where they stayed for not even a full minute, the team reported to Cointelegraph.The Aavegotchi project attempts to…

Cross-chain interoperability is a domain that has piqued the interest of many financial institutions over the years, as it stands to produce a technology that can potentially mitigate a whole host of their recurring operational issues — such as data leakages, loss of customer funds during international transactions and poor accountability — in a totally…