Tether discredits Ripple CEO comments over US scrutiny

On Aug. 28, the Ministry of Economy of Kyrgyzstan has submitted the draft law “On Amending the Tax Code” with the aim of introducing cryptocurrency mining taxation.New tax proposalAccording to news outlet Kabar, the draft law was specifically developed to allow for the possible taxation of crypto mining.The taxation on cryptocurrency mining is expected to…

Bitcoin (BTC) broke lower on Oct. 11 as $27,000 saw its first real test since the start of the month.BTC/USD 1-hour chart. Source: TradingViewBTC price battles for support after daily "death cross"Data from Cointelegraph Markets Pro and TradingView tracked increasing overnight BTC price weakness, including a trip to $26,978 on Bitstamp.Bitcoin thus came full circle

Grayscale is on track to control 5% of the entire Bitcoin circulating supply by the end of 2021 with a record $215 million inflow last week. 669 Total views 12 Total shares Grayscale’s Bitcoin (BTC) Trust is on track to reach 500,000 BTC by the end of 2020. Last week, Grayscale saw a record inflow of…

A federal judge has implied that an individual may not have the right to force the Internal Revenue Service, or IRS, to expunge financial records it obtains from crypto exchanges.In granting a motion to dismiss filed in December, Judge Joseph DiClerico in the District of New Hampshire suggested the Internal Revenue Service has no obligation…

The two-year project produced a white paper in February; research results will continue to appear, with the Fed’s partner at MIT scheduled to make a research report in January. 333 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTProject Hamilton, the research project of the United States Federal Reserve Bank…

PacWest Bancorp was the hardest hit bank after-hours on Wednesday, falling over 50% following a reported plan to explore strategic options. 520 Total views 9 Total shares Own this piece of history Collect this article as an NFTShare prices of several United States regional banks tanked in after-hours trading Wednesday, despite Federal Reserve Chairman Jerome…

In advance of its mainnet launch, Ava Labs has partnered with BlockchainIST Center in Turkey to create blockchain-based products for daily use.BlockchainIST, Turkey’s first university blockchain center, partnered with Cornell University’s Emin Gün Sirer's Ava Labs to develop DeFi products on the Ava Platform. The press event took place on Jan. 6 at Bahcesehir University…

Marc Cuban has offloaded some NFTs, while overall NFT sales volume dropped by 45% in Q2.