Tether onboards head of government affairs from PayPal

Japanese cryptocurrency exchange VC Trade has integrated an anti-money laundering (AML) compliance technology developed by Taiwanese digital currency hardware wallet company CoolBitX.As Japanese finance-focused news outlet Blocktempo reported on Aug. 8, VC Trade — a crypto exchange founded by Japanese financial giant SBI Holdings last June — has adopted CoolBitX’s Sygna, a know-your customer (KYC)…

On Oct. 9, 2019, the United States Internal Revenue Service issued Revenue Ruling 2019-24 and a series of frequently asked questions, identifying rules governing U.S. taxation of digital currencies. Taxation in the U.S. is unbelievably complex, but the new IRS guidance takes a step-by-step approach to address some of the most common issues facing holders…

The study noted that three out of five European respondents declared a 50% growth in their crypto investments. 159 Total views 13 Total shares While there are risks associated with crypto investing, some see it as a way to boost their family savings, a recent study commissioned by crypto trading platform BitMEX shows. The survey, conducted…

Open interest combined with flat funding rates suggests that an "explosive" volatility period is inbound, analysts say. 5128 Total views 53 Total shares Bitcoin (BTC) is in line for "explosive" price action as derivatives markets return to form in 2022, a new forecast states.In a tweet on Jan. 4, Vetle Lunde, an analyst at Arcane…

Russian state nuclear energy corporation (Rosatom) will develop "advanced" digital technologies, such as blockchain, according to Rosatom IT department head Evgeniy Abakumov, cited by corporate outlet Strana Rosatom Monday, October 1.As per Abakumov, Rosatom intends to focus on three areas of new technologies, namely blockchain, artificial intelligence and the Internet of Things (IoT). "We are…

Bitcoin is facing intense selling pressure, but the positive divergence on the RSI suggests a recovery is possible in the near term.

Bitcoin overtakes Intel and Coca-Cola at a market capitalization of $205 billion. Amid a major bullish trend on cryptocurrency markets, Bitcoin’s (BTC) market capitalization is outstripping some major publicly traded companies like Intel and Coca-Cola.Following a bullish market in late July 2020, Bitcoin’s market cap saw a significant increase to cross a $200 billion threshold.…

Musk acknowledged that assets that are predominantly scarce — such as physical property and company stocks — help investors in maintaining their purchasing power against high inflations. 644 Total views 6 Total shares As rising inflation threatens to eat up further the purchasing power of the global fiat ecosystem, finding the perfect hedge against a…

US appeals court judges peppered the CFTC and betting platform Kalshi’s lawyers with questions as the regulator bids to overturn a lower court’s decision allowing election markets.