South Korea will begin taxing crypto benefits 20 percent, from both buying and selling, beginning in 2023, according to a report from Asia Today. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Bitcoin’s price rally is continuing, setting a new record high of $35,821 on Tuesday night (Jan. 5), CNBC reported. Although it dipped slightly, its price still stood above $35,000 on Wednesday (Jan. 6), sitting at $35,277.69 as of 1:47 p.m. Eastern time. Get the Full...
CoinDesk has acquired digital asset index TradeBlock, the cryptocurrency news platform announced in a press release Tuesday (Jan. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Binance, Bittrex and Crypto.com have all announced that they will delist XRP following last week’s news that the U.S. Securities and Exchange Commission filed a lawsuit against Ripple for trading the cryptocurrency without registering it as a security. Get the Full Story Complete the form...
A small Spanish city has debuted an “Elio” digital currency to help with transactions, Finance Magnates reported. The digital currency, which is pegged to the euro, will let the City Council of Lebrija provide economic assistance to just under 600 chosen beneficiaries. The council has...
Cryptocurrency lending platform Vauld raised $2 million to expand into full banking services, including issuing credit and debit cards and providing fiat and crypto order books, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
XRP’s price plummeted once more on Wednesday (Dec. 23) following the U.S. Securities and Exchange Commission’s lawsuit contending that the blockchain firm connected to the digital currency held a $1.3 billion securities offering that was not registered, CNBC reported. Get the Full Story Complete the...
Italian police charged the former head of cryptocurrency exchange BitGrail, identified by the initials of “F.F.,” with money laundering, fraudulent banking and computer fraud, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Binance has purportedly started notifying U.S. users by email that they have 14 days to shutter their accounts and take out all their money or have their accounts locked, Decrypt reported. The email reportedly told users that the firm found that they were aiming to...