Failed House candidate and partner of ex-FTX exec starts crypto think tank

Binance has unveiled a series of new products and features relating to stablecoins — with the world’s largest cryptocurrency exchange describing these digital assets as “an efficient fiat gateway into crypto.”Stablecoins are often pegged with a fiat currency, meaning one unit can equate directly to 1 euro or $1. With new coins emerging all the…

The $600 stimulus check invested in BTC last week would have made you $75 better off already, data shows. 2368 Total views 18 Total shares Americans who received their second coronavirus stimulus checks on Dec. 29 have already gained 12% — if they invested it in Bitcoin (BTC).As the United States government rolls out another…

This spring, the Madeiran archipelago “adopted” Bitcoin (BTC). Madeira’s President, Miguel Albuquerque, was invited onto the stage at Bitcoin Miami 2022 by Jan3 CEO Samson Mow to announce the promise.The president announced, “I believe in the future, and I believe in Bitcoin.” Days prior, Albuquerque was breaking bread with Michael Saylor, executive chairman of MicroStrategy, at…

Although scant on details, South Korea’s finance minister has confirmed that taxes will be imposed on cryptocurrency in the country. 1159 Total views 25 Total shares The South Korean Finance Minister, Hong Nam-Ki, announced plans to impose a tax on cryptocurrency, while speaking to the parliamentary finance committee on June 17.According to a report from…

Ripple, the firm behind the third largest cryptocurrency XRP, has made a new partnership to bolster cross-border payments between the United States and Mexico. The company has partnered with International Money Express, a money remittance services firm focused on the Latin and Caribbean corridor, Ripple announced on Feb. 5. Also known as Intermex, the new financial…

It's unclear at the time of publication whether there will be any recourse for investors in recovering the lost funds. 366 Total views 5 Total shares On Monday, IRA Financial Trust, a platform providing self-directed digital asset retirement and pension accounts, filed a lawsuit against cryptocurrency exchange Gemini for alleged negligence in safeguarding customers' digital…

"High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich," said Senator Warren. 1417 Total views 25 Total shares Democratic Senator Elizabeth Warren, known by many as an outspoken cryptocurrency skeptic in the United States government, criticized outages at exchanges and high transaction fees during periods of price volatility.In a Tuesday…

United Kingdom-based startup Cashaa has developed a fiat gateway for BEP2 tokens on Binance Chain. Announced on April 9, the integration would let users sell and buy tokens directly for fiat currencies.Specifically, Cashaa will support the U.S. dollar, the U.K. pound sterling, the euro and the Indian rupee. The fiat gateway would connect to common…