Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

Today in Crypto: Colombia Cracks Down on Crypto Tax Evasion; Grayscale Investments Aiming to Be ‘World-Class ETF Issuer’

Today in Crypto: Colombia Cracks Down on Crypto Tax Evasion; Grayscale Investments Aiming to Be ‘World-Class ETF Issuer’
Today in Crypto: Colombia Cracks Down on Crypto Tax Evasion; Grayscale Investments Aiming to Be...
February 02, 2022  |  Cryptocurrency

FTX has acquired Japanese cryptocurrency exchange Liquid Group in a move to help Japanese customers through its new subsidiary, according to a CoinDesk report Wednesday...

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SEC Commissioner Peirce Says Proposed Rule on Exchanges Could Hurt Digital Currency
SEC Commissioner Peirce Says Proposed Rule on Exchanges Could Hurt Digital Currency
February 02, 2022  |  Cryptocurrency

Hester Peirce, the crypto-friendly commissioner on the U.S. Securities and Exchange Commission (SEC), is warning that a proposal from the agency would not only add...

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Criminals See NFTs as a Lucrative Target — They May Be Wrong
Criminals See NFTs as a Lucrative Target — They May Be Wrong
February 02, 2022  |  Security & Fraud

Nonfungible token (NFT) collector Larry Lawliet announced Monday (Jan. 31) on Twitter that he had lost $2.7 million worth of super-hot Bored Ape and Mutant...

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Pixel Vault Building NFT Development Platform
Pixel Vault Building NFT Development Platform
February 02, 2022  |  NFTs

Non-fungible token (NFT) platform Pixel Vault, Inc. has secured a $100 million joint investment from Velvet Sea Ventures and 01A that will allow it to...

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SEC Crypto Enforcement Approach May Not Be Enough in the Long Term 
SEC Crypto Enforcement Approach May Not Be Enough in the Long Term 
February 02, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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In Buying Diem’s Stablecoin, Silvergate Bank Makes Itself a Contender
In Buying Diem’s Stablecoin, Silvergate Bank Makes Itself a Contender
February 02, 2022  |  Cryptocurrency

With its decision this week to spend $200 million to buy the assets of the Diem Association’s largely launch-ready stablecoin, Silvergate Bank has the potential...

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South Africa Urges Caution on Crypto Exchange FTX
South Africa Urges Caution on Crypto Exchange FTX
February 02, 2022  |  Cryptocurrency

South Africa’s Financial Sector Conduct Authority (FSCA) is warning cryptocurrency traders to be “cautious and vigilant” when using FTX Trading Ltd., which is among the...

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Today in Crypto: Intuit CEO to Traders: Beware of Bitcoin, NFT Tax Bill; Bitcoin Broker NYDIG Debuts Service to Pay Workers in Bitcoin; Crypto.com US App Users Can Get Early Direct Deposit; Amber Group Acquires Japanese Exchange DeCurret
Today in Crypto: Intuit CEO to Traders: Beware of Bitcoin, NFT Tax Bill; Bitcoin Broker...
February 01, 2022  |  Cryptocurrency

Amber Group, a crypto finance startup working in algorithmic trading and digital market making, has acquired DeCurret, a Japan-licensed crypto exchange operator. Get the Full...

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Announcing Crypto Trading Tax and Digital Rupee Plans, India Makes Clear Payments Are Out
Announcing Crypto Trading Tax and Digital Rupee Plans, India Makes Clear Payments Are Out
February 01, 2022  |  Cryptocurrency

India’s finance minister just announced that India’s next budget will include a 30% tax on cryptocurrency, suggesting a long-feared total ban is likely off the...

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