RWA sector could reach $600B in next five years: BCG
A swathe of new research reports from major traditional financial institutions predicts outsized growth and adoption of real-world asset tokenization over the next few years.
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Get ready for even more incompetence at the IRS in 2023
The Internal Revenue Service is hiring 87,000 new agents, but taxpayers will not feel the pain for another two to three years. That’s how long it will take the agency to hire and train agents. Few have discussed the extent of this pain. Still, it’s something to think about when you consider the majority of…

Rakuten’s customers can now use Bitcoin for shopping
Japanese retail giant Rakuten has integrated its crypto wallet with its payment app, enabling consumers to directly load and convert their Bitcoin holdings for use in everyday spending. 3121 Total views 19 Total shares Crypto-friendly Japanese retailer Rakuten is now enabling users of Rakuten Wallet, its crypto exchange subsidiary, to easily spend their cryptocurrency holdings…

‘Bitcoin and Black America’ Author: Protest by Buying BTC
Author Isaiah Jackson says Bitcoin can be an effective protest against financial institutions for those who can’t take to the streets. 613 Total views 35 Total shares Bitcoin & Black America author Isaiah Jackson says that people invoking Bitcoin during the protests over the police killing of George Floyd have identified the “real enemy” —…

Mark Zuckerberg says he ‘regrets’ bowing to COVID-19 censorship pressure
“I believe the government pressure was wrong, and I regret that we were not more outspoken about it,” said the Meta CEO in a letter.

SEC fines NYSE parent company $10M for failing to report cyberattack
The Intercontinental Exchange will pay a penalty for failing to timely inform a cyber intrusion. The enforcement action affected several ICE subsidiaries, including the New York Stock Exchange.

Jack Dorsey’s Block hits $1.3B in Q1 profits, $43M in BTC trading revenue
Despite the fact that the Bitcoin price trended down over Q1, the Block ecosystem of payment solutions with Bitcoin in mind performed well. 944 Total views 39 Total shares Block, the pro-Bitcoin (BTC) umbrella company that hosts Cash App, Square and Afterpay, continues its growth in 2022. According to its Shareholder letter, in the first…

Why Bitcoin, Ethereum and the Entire Crypto Market Are Down in Value
The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com.The way I see it, investors in 2017 — and specifically in Q4 — wanted to buy Bitcoin (BTC) and Ethereum (ETH) for the sole purpose of exchanging it for specific ICO tokens they wanted to invest in. The…

EU Banks to Deploy Instant Payments System in Response to Competition From Libra
European Union banks could have an instantaneous payments system in place by 2020, Reuters reports on June 26.Per the report, real-time payments have been possible in the eurozone since 2017, but only about half of the banks in the bloc adhered to the initiative. Still, Reuters notes that adoption may accelerate now that Facebook’s Libra…