Bitcoin targets $120K in January amid record Binance stablecoin reserves

A branch of the Russian federal government has recently published a draft of new litigation called “On Digital Financial Assets,” which is focused on enforcing strict cryptocurrency laws in the country. The legislation has not been approved yet and has been in discussion since 2018.The new laws define Bitcoin as property but not legal tender,…

Two businesses in the United States state of Ohio have paid taxes with cryptocurrencies, state Treasurer Robert Sprague said in a forum on Feb. 19. Ohio became the first state to allow businesses to pay taxes with cryptocurrencies like Bitcoin (BTC) in November 2018.During a forum covering policy issues facing the state, Sprague said that…

The central bank of India wants to proceed with CBDC testing in the smoothest way possible, deputy governor Rabi Sankar said. 146 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Indian government doesn’t want to rush its central bank digital currency (CBDC) pilot despite joining the CBDC…

Fitch warned that mainstreaming Bitcoin without clarity can introduce volatility and operational risks for Salvadorans. 575 Total views 6 Total shares Fitch Ratings has become the latest global credit rating agency to warn El Salvador against adopting Bitcoin (BTC) as legal tender, expressing concerns that crypto assets could cause systemic risks for the Latin American…

Ethereum’s fifth anniversary from the mainnet launch is upon us, marking an important milestone in the long history of the first smart contract platform to reach significant adoption.Following the initial coin offering mania, today’s main narrative behind Ethereum is decentralized finance, an ecosystem that seeks to recreate the financial system from scratch on the blockchain.Ever…

"We only support blue chip NFT to reduce the risks," said Paraspace developers. According to a recent report published by nonfungible token money market protocol Paraspace and multichain wallet BitKeep, the current amount of NFT borrowing and lending, or NFTFi loans, has surpassed $430 million across 43,521 borrowers. The highest proportion of collaterals comprised the…

In a letter signed only by republicans, the committee responded to a request for information sent by the Department of the Treasury.

Former Alameda Research engineer Aditya Baradwaj says one trader lost more than $100 million after clicking on a fake link. 66 Total views 1 Total shares FTX’s sister hedge fund Alameda Research lost at least $190 million of its trading funds due to arguably avoidable scams, according to a former engineer at the firm. In an

Over 4,400 people responded to a poll created by Nathaniel Whittemore on Twitter last week, explaining what they did before becoming involved in cryptocurrency.A guy who designed helicopter manufacturing processes. A plumber. A prison inmate. A nutritionist.Someone described a group of surgeons who brought a fund to life; someone else pointed out that the industry…