2018-7-9 19:37 |
Australian Tax Authority will use bilateral data sharing agreements to collect taxes on cryptocurrency income.
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Key Takeaways: Crypto ceased to be met with skepticism but real financial infrastructure, according to the views expressed by Ripple CEO Brad Garlinghouse. Large international organizations are currently seeking to The post Ripple CEO Says Crypto Is Rewiring Finance as Global Firms Rush Into Stablecoins appeared first on CryptoNinjas.
StraitsX, a Singapore-based company, has seen rapid growth in its stablecoin card program, with a 40x surge in transaction volume and an 83x increase in card issuance between 2024 and 2025.
The company seemed to have skipped it's weekly bitcoin purchase announcement for the first time since late december.
The crypto and banking industries saw Senators Alsobrooks and Tillis' agreement-in-principle for stablecoin yield.
Historically, spikes in Bitfinex BTC/USD longs have acted as a contrary indicator.
The proposed restriction on yield would shift value toward regulated players and away from decentralized finance' tokens, 10x Research's Markus Thielen said.
Middle East tensions have driven divergences across asset markets as oil stays elevated and traditional safe havens falter.