Korean Government Seeks to Strip Tax Perks From Crypto Exchanges

The USDG stablecoin is issued out of Singapore by Paxos, and is broadly in line with the Monetary Authority of Singapore's upcoming stablecoin framework. Income derived from USDG’s reserves will be shared among the initial Global Dollar Network partners, which are Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos and Robinhood. 02:51 Stripe Bets Big

feature Can a logo symbolize the ethos of a project? An industry? An entire movement? This is perhaps too much meaning to attribute to any one design, but if any logo has come close to the task, it’s that of bitcoin. Belonging to no corporation, no in-house graphic design team at a shiny Silicon Valley…

Cryptocurrency exchange startup Quione has launched a new trading platform that it says will bring much needed liquidity to the crypto markets. Called Liquid, the new service is a cryptocurrency trading "portal" that provides users with access to what it claims in a press release is "a worldwide network of cryptocurrency exchanges." With a lack of liquidity…

Golem, an Ethereum-based project, has transferred over $100 million worth of ether (ETH) to exchanges in the past month, potentially increasing selling pressure in the market. Golem raised millions of dollars during the 2016 ICO boom and has seen its token value decline significantly from its all-time high, despite ongoing development efforts in AI tools.

Terms of the deal were not disclosed. Price data(MaxxiGo/Shutterstock)Jan 22, 2021 at 8:02 p.m. UTCUpdated Jan 22, 2021 at 8:23 p.m. UTCAlameda-Backed Investment Platform Stacked Acquires Automated Trading ServiceTwo automated cryptocurrency services have merged to make trading and investing even easier. Stacked, an automated investing startup launched in early 2020, acquired algorithmic trading and signals…

news The world’s biggest economies are assessing stablecoins as a potential risk to the global financial system, according to a statement from the Financial Stability Board (FSB). In a letter to G20 finance ministers and central bank governors on Sunday, the FSB’s chair Randal Quarles said the G7 working group is delivering an assessment report…

news The Bank of England has finalized a set of principles the Facebook-led Libra cryptocurrency project must adopt before going live in the UK. Calling the payment network a potentially “systemically important payment system,” the BoE’s Financial Policy Committee released the October Financial Policy and Summary report this week. “The FPC judges that such a…

Decentralized payments platform Logos Network has successfully raised $3 million in seed funding, the startup announced Thursday.

Bitcoin experienced a quick recovery after briefly falling below $61,000, with major tokens stabilizing following losses of up to 15%.Analysts lowered the odds of a spot ether exchange traded fund listing, and Bitcoin remains in a downtrend with traders advised to keep an eye on risk appetite in financial markets influenced by central bank meetings.Bitcoin