Russian gov’t approves new crypto taxation framework

United States-based blockchain startup Spring Labs announced sixteen fintech companies had joined its partner program prior to the release of its Spring Protocol in a press release Jan. 17.Spring Labs, which last year raised $15 million in funding, aims to release anti-fraud technology in the form of private P2P data sharing technology, powered by blockchain.At…

Stablecoin activity has been increasingly occurring through entities that aren’t licensed in the United States, according to Chainalysis. 162 Total views 1 Total shares The United States government may be losing regulatory oversight of the stablecoin market, according to a new report by blockchain research firm Chainalysis.Stablecoin activity has been increasingly occurring through entities that

Bitcoin price (BTC) has been declining amid the recent coronavirus developments as today media reported that patients in the UK and Russia tested positive for the virus. The declining trend has been followed by major cryptocurrencies. Cryptocurrency market daily overview. Source: Coin360In a day that will mark the departure of the United Kingdom (11 p.m. UTC)…

The bank joins Coinbase, Huobi, SIX Digital Exchange, 100x Group, and other industry leaders to advocate for the adoption of digital assets. 507 Total views 15 Total shares Standard Chartered, a United Kingdom-based multinational banking firm, has joined an alliance of fintech companies and banks aimed at accelerating the adoption of best practices of cryptocurrencies.In…

The Spanish authorities arrested several individuals related to ongoing investigations against crypto-driven child porn sites in the dark web. 2121 Total views 40 Total shares The Spanish Civil Guard has taken down a dark web child porn ring that used cryptocurrency transactions to pay for content. Multiple individuals across the country were ultimately arrested.According to…

The International Monetary Fund (IMF) has argued that network effects could spark the blaze for the mass adoption of new digital monies.In a fresh report published on July 15, the IMF aims to create a conceptual framework for categorizing new digital monies such as Facebook’s Libra and stablecoins as well to think through the implications…

Bitcoin (BTC) is delighting bulls as it heads into a new week after closing a weekly candle in which it gained another $4,000 — can it hold?After spending much of the previous seven days hitting but then descending from local highs, sentiment was mixed going into the weekend.In the event, Saturday and Sunday turned out…

At least three blockchains have publicly announced that their teams’ arms are open wide ready to accept any stray former Terra developers following the collapse of its ecosystem. 195 Total views 3 Total shares The collapse of the Terra ecosystem, which included most of its apps and protocols, has created a diaspora of developers from…