In a new paper on the potential uses and dangers of stablecoins, Federal Reserve researchers come to a fairly clear conclusion that the safest way to bring these dollar-pegged cryptocurrencies into the mainstream is to ensure that they are backed one-to-one by cash deposits in...
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In a budget speech on Tuesday (Feb. 1) India’s Finance Minister Nirmala Sitharaman announced that the transfer of digital assets would be allowed, with income from those transactions taxed at 30 percent. She also indicated that the country’s central bank will launch a digital currency....
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European money transfer service KoronaPay has banned all cryptocurrency transaction following reports that the Central Bank of Russia has begun looking into the operations of banks in that country with cryptocurrency exchanges. Get the Full Story Complete the form to unlock this article and enjoy...
There’s been an agreement to cut out a provision in a U.S. House bill which would’ve given the Treasury Secretary the ability to block international crypto transactions, a report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Crypto exchange FTX has raised $400 million in a Series C round, giving it a $32 billion value – more than the Nasdaq exchange or Twitter’s value, a report from CoinDesk says. Get the Full Story Complete the form to unlock this article and enjoy...
A controversial plan by the U.S. Financial Crimes Enforcement Network (FinCEN) that would enforce know-your-customer rules on crypto wallets may be under consideration for the second time by the U.S. federal government, CoinDesk reported Saturday (Jan. 29). Get the Full Story Complete the form to...
eCommerce platform Uquid.com, which has more than 2 million products available for sale, has integrated with Binance Pay to allow users to buy more than 40 digital tokens without fees, according to a PVP Live report Monday (Jan. 31). Get the Full Story Complete the...
