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

Financial Stability Board Calls For Current Crypto Education

Financial Stability Board Calls For Current Crypto Education
Financial Stability Board Calls For Current Crypto Education
February 20, 2020  |  Cryptocurrency

Financial Stability Board (FSB) Chair Randal Quarles has warned global financial regulators that they must accelerate the creation of a framework for cryptocurrency and other...

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FIUs: Fraud, Terrorism Among Global Concerns With Virtual Assets
FIUs: Fraud, Terrorism Among Global Concerns With Virtual Assets
February 19, 2020  |  Cryptocurrency

Financial Intelligence Units (FIUs) from the 39-country Financial Action Task Force (FATF) and the Egmont Group Secretariat gathered in Paris to talk about the global...

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Coinbase Approved For Principal Visa Membership
Coinbase Approved For Principal Visa Membership
February 19, 2020  |  Cryptocurrency

The Silicon Valley cryptocurrency exchange Coinbase has become the first pure-play crypto startup to earn approval as a Visa principal member, the company said in...

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Bitcoin Daily: IRS To Meet With Crypto Groups; Thieves Take $630,000 In Ether From Lender bZx
Bitcoin Daily: IRS To Meet With Crypto Groups; Thieves Take $630,000 In Ether From Lender...
February 19, 2020  |  Bitcoin

The IRS has invited cryptocurrency groups to meet for a regulatory summit March 3 to discuss how the two can work together going forward, published...

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Bitcoin Daily: FCoin Shuts After $130M Shortfall; Scam Threatens Via Google Ads
Bitcoin Daily: FCoin Shuts After $130M Shortfall; Scam Threatens Via Google Ads
February 18, 2020  |  Bitcoin

FCoin has stopped all trading and withdrawal after it was revealed that the crypto exchange had a shortage of $130 million worth in crypto assets,...

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Bitcoin Daily: Binance Applies For Singapore Crypto License; CFTC Files Charges In Digital Ponzi Scheme
Bitcoin Daily: Binance Applies For Singapore Crypto License; CFTC Files Charges In Digital Ponzi Scheme
February 16, 2020  |  Bitcoin

Binance Holdings has applied for an operating license in Singapore under the country’s new payments legislation, which aims to be a comprehensive regulatory agency for...

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Bitcoin Daily: US Treasury’s Mnuchin Says ‘Significant’ New Crypto Rules In Works; Spain’s FC Barcelona To Create Team Token
Bitcoin Daily: US Treasury’s Mnuchin Says ‘Significant’ New Crypto Rules In Works; Spain’s FC Barcelona...
February 14, 2020  |  Bitcoin

U.S. Secretary of the Treasury Steven Mnuchin said Wednesday (Feb. 12) that the federal government would be rolling out new regulations regarding cryptocurrency at the Financial...

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IRS Backs Off Fortnite Gaming Currency As Reportable Income
IRS Backs Off Fortnite Gaming Currency As Reportable Income
February 14, 2020  |  Taxes

A section of the IRS website telling people that the online currency from the popular game Fortnite was subject to federal taxes has been removed as...

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