Cyptocurrencies finally seem to have taken off with the price of Bitcoin surging. Case in point: On Monday, it was reported that Bitcoin value rose to $28,207 (13:22 pm, Indian Standard Time), according to CoinMarketCap. This is means that there is still light at the end of the tunnel. In a conversation with FE Blockchain ...

Rep. Tom Emmer is trying to narrow the definition of crypto broker once again. (Photo by Chip Somodevilla/Getty Images) Getty Images What Happened The Infrastructure Act passed by the U.S. Congress in 2021 defined cryptocurrency exchanges as brokers and subjected them to the burdensome tax reporting rules. The legal definition of a broker has been ...

Popular cryptocurrency analyst and YouTube personality Guy Turner, the host of Coin Bureau, has explained his current altcoin investment strategy in a recently published video, which involves investing in several altcoins, including Polkadot ($DOT), Cardano ($ADA), and others. In the recently shared video, Turner revealed that he plans to add to his portfolio the two ...

Central Bank Digital Currencies are being designed with the intention to benefit society as a whole, including improved digital payments, financial inclusion, and financial stability. getty Central Bank Digital Currencies (CBDCs) are digital versions of fiat money, issued and backed by a central bank. CBDCs have gained attention in recent years as a potential solution ...

PHILADELPHIA, Jan. 31, 2023 (GLOBE NEWSWIRE) — via InvestorWire — 1Konto, a leading digital asset liquidity provider, is proud to announce the expansion of its OTC desk to include G11 foreign currencies and to enhance its white-glove service experience. This new service complements the existing OTC desk launched in June 2022, which specializes in BTC, ...

Recently, Dr. Dritan Abazović, who has been the prime minister of Montenegro since 28 April 2022, reported on his meeting with two executives from FinTech firm Ripple. Montenegro is a small country in Southeastern Europe, which is a part of the Balkans. On 14 December 2021, Ivan Boskovic, the former Director of Payment Systems and ...

On Friday (20 January 2023), David Schwartz, who is Ripple’s Chief Cryptographer and Chief Technology Officer (CTO), explained why XRP is a commodity. On 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc. and two of its executives, who are also significant security holders, alleging that they raised over $1.3 billion through ...

Getting the truth about cryptocurrency gambling at public pensions is no simple task. getty In response to public concerns, the McLean Citizens Association will host a virtual Public Informational Meeting to discuss two of the three Fairfax County Virginia pension funds’ cryptocurrency-related investments tomorrow. Fairfax County’s Retirement Systems Executive Director Jeff Weiler, who has publicly ...

Crypto wallets, outflows, AuM, Bitcoin, Ethereum, and investments: analysts at CoinShares, the largest digital asset investment and trading group in Europe, analyzed and discussed digital asset inflows during 2022. Indeed, CoinShares’ goal is to make innovative financial products and services that provide investors with confidence and transparency to build the future of investing. A cryptocurrency ...

Topline Yet another major cryptocurrency player is in serious danger of going under, as sources told the Wall Street Journal the embattled lender Genesis is weighing filing for bankruptcy, while the firm said Thursday it had drastically reduced its headcount. Barry Silbert, CEO of Genesis’ parent company Digital Currency Group. © 2016 Bloomberg Finance LP ...