As the United Kingdom breaks away from the rest of the European Union, one Member of Parliament believes it could foster the growth of the country’s cryptocurrency industry while also making it more i...
Tag: Cryptocurrencies
Cryptocurrencies and Stocks Drop as Russia-Ukraine Tensions Rise
Most cryptocurrencies declined on Friday as traders reacted to geopolitical risks emanating from Russia and Ukraine. On Friday, U.S. President Biden urged Americans to leave Ukraine immediately, warni...
India’s Finance Minister Explains Why Cryptocurrencies Must Be Taxed
The government of India remains set on taxing cryptocurrencies. Finance minister, Nirmala Sitharaman, has said that crypto taxes will come into effect as planned. This is despite India not having deci...
Uber Doubles Down On Its Decision To Accepting Cryptocurrencies As Payment
Uber Technologies has reiterated that it is considering accepting cryptocurrencies as payment. The CEO of the ride-hailing company said the firm was constantly watching the crypto space as it saw a lo...
Morgan Stanley Wants to Educate Investors on Ethereum
It’s not often that one of the major wirehouses tells clients to pay attention to cryptocurrencies, so when Morgan Stanley Wealth Management introduces a 20-page primer on the cryptocurrency Ether, it...
Bitcoin’s Price Isn’t Done Falling. How It Could Drop to $10,000.
Text size Stifel’s top equity strategist thinks Bitcoin prices could sink to $10,000. Dreamstime.com The bull case for Bitcoin is that it powers up to $100,000, from recent prices around $43,000...
CoinDesk executive Emily Parker says CBDCs will boost demand for private cryptocurrencies
The executive director for CoinDesk, Emily Parker, has addressed the key differences between central bank digital currencies and private cryptocurrencies. Central bank digital currencies have been a h...
CBDCs Could be Safer and Cheaper Than Cryptocurrencies
Central bank digital currencies have become among the most popular topics of discussion among governing monetary bodies as they are trying to find a way to reduce the impact of private cryptocurrencie...
Tap to Pay to also pay in cryptocurrencies- The Cryptonomist
The new Tap to Pay function on the iPhone was officially announced today. We just introduced Tap to Pay on iPhone, a great way for millions of small businesses to accept contactless payments right fr...
Working Group Meets to Prepare Regulations for Cryptocurrencies in Russia – Coinotizia
A crypto working group has held its first meeting at Russia’s parliament. Its members have been tasked to put forward legislative proposals designed to comprehensively regulate cryptocurrencies and re...
Tennessee lawmaker proposes allowing the state to invest in cryptocurrencies and NFTs
advertisement A bill introduced in Tennessee’s legislature would, if approved, allow the state and other municipalities to invest in cryptocurrency and non-fungible tokens (NFTs). House Bill 264...
Cryptocurrencies Surge Amid A FED Induced Gloom
Advertisement     On Monday, Bitcoin and Ethereum continued to lead other cryptocurrencies in a spirited surge, entering the third bullish week amid FED-induced uncert...
Zimbabwe’s Central Bank Exploring CBDC, Reiterates Opposition to Cryptocurrencies – Fintech Bitcoin News
Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling out its own central bank digital c...
Russian second-richest man says private cryptocurrencies are “unreliable products”
Vladimir Potanin, the second-richest person in Russia, has advocated for a central bank digital currency (CBDC), saying that it can boost technological innovation. Potanin has also stated that a digit...
Crypto is volatile, but KPMG Canada just added bitcoin and ether to its balance sheet. Here’s why
KPMG in Canada has added an unknown amount of bitcoin and ether to its corporate balance sheet. The firm declined to disclose the amount of cryptocurrencies it purchased, but Kunal Bhasin, blockchain...
Cryptocurrencies, NFTs Or NFT Stocks – What Is The Best Investment
Nowadays everyone is looking for valuable assets to invest their hard-earned money in to avoid having to use banks and massive piles of cash. Nowadays investing in gold isn’t really the most viabl...
What Are The Biggest Mistakes New Investors Make In Cryptocurrencies
Interest in bitcoins and cryptocurrencies resumes at the beginning of 2022. The media suddenly start to make predictions about new records “to the moon” and the resumption of growth. Although the cryp...
Top 5 cryptocurrencies to watch this week: BTC, ETH, NEAR, MANA, LEO
BTC’s attempt to flip $42,000 to support could pull altcoin traders into ETH, NEAR, MANA and LEO. Bitcoin (BTC) surged above the $40,000 psychological resistance on Feb. 4 and successfully held the le...
Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report – Regulation Bitcoin News
The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of next working week, documents from a recent meeting have indicated. Th...
Cryptocurrencies spike, Bitcoin tops $40K after January jobs data
January’s blockbuster jobs data was just the tonic a battered cryptocurrency market needed, with the data sparking a furious 10% intraday rally in Bitcoin (BTC-USD) that took the digital token a...
Tax season: does the IRS know if you trade crypto? Is your NFT sale or mining income taxable?
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. It is tax season in the U.S., and I’ll ...
Ecuador will regulate cryptocurrencies – The Cryptonomist
Ecuador intends to issue regulation on cryptocurrencies in 2022. This was stated by Banco Central del Ecuador (PIB) manager Guillermo Avellán, in an interview with Bloomberg Linea. Crypto regulation ...
What The Price Charts Look Like Now
Cryptocurrencies concept getty The most popular cryptocurrencies seemed to be somehow following the Amazon blast higher Friday, all closing with solidly positive percentages. It’s been the case that l...
Belarus to Incentivize Investment by Providing Funds with Access to Cryptocurrencies
Feb 04, 2022 at 12:00 // News The government of Belarus is working on changes to current legislation to incentivize investment. Among other things, investment funds will be given access to cryptocurre...
Central Bank of Ecuador Might Regulate Cryptocurrencies This Year – Bitcoin News
The Central Bank of Ecuador is planning to issue cryptocurrency-specific regulation later this year. According to statements from Guillermo Avellan, the manager of the Central Bank of Ecuador, this wi...
Cryptocurrencies and tax returns, the ruling of the EU Court of Justice
One of the worst nightmares of those who handle cryptocurrencies in Italy is the application of the obligations to declare crypto holdings in the RW form of the income tax return; that is, the complia...
Will Cryptocurrencies Shatter The Monopoly Governments Have On The Creation Of Money?
If you want to see the future of cryptocurrencies, look at Turkey. Its currency, the lira, is plunging in value, down 40% against the dollar since September. The official inflation rate—which the Turk...