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US Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect Investors

U.S. Senator Rick Scott has urged Treasury Secretary Janet Yellen to take action on cryptocurrency scams, which he said have risen 1,000% in the past year and cost consumers at least $80 million. “This is an unregulated industry, and the alarming amount of criminal activity surrounding cryptocurrency demands action,” he told Yellen. Senator Scott Alerts […] дальше »

2021-5-30 19:00


Here’s why Alchemy’s NFT TOYs are a valuable item to collect, play and trade

Binance Smart Chain-based project Alchemy Toys, which harnesses blockchain technology to allow players to collect non-fungible tokens (NFTs) backed by its own ‘treasury,’ is tackling a major issue that’s sprung up in recent times: That of most NFTs providing little value to the holder apart from being rare, on-chain, digital collectibles. дальше »

2021-5-28 17:00


BoE Governor says ‘Huge Enthusiasm’ Around Crypto Assets Has Him Feeling ‘Skeptical’

Bank of England Governor Andrew Bailey continues to share his concerns about digital currencies. This time, he is warning about the danger of “getting carried away” with financial innovation. “I don’t want to be seen as a Luddite,” Bailey said on Monday in response to questions in the Treasury Committee in Parliament. дальше »

2021-5-26 18:10


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Fed Begins to Taper QE- US Central Bank Removes $351 Billion in Liquidity via Reverse Repos

After pumping extreme amounts of liquidity into markets, the U.S. Federal Reserve seems to be tapering back monetary easing policy via reverse repos (RRP). Following this week’s published minutes report from the Fed’s April monetary policy meeting, it seemed as though members of the central bank were prepared to discuss rolling back large-scale Treasury and […] дальше »

2021-5-23 23:00


Breaking: China Bans Crypto For the 100th Time; Hong Kong Proposal Seeks to Restrict Retail Traders From Exchanges

Cryptocurrency exchanges in Hong Kong are set to be prohibited from offering services to retail crypto traders following a new government proposal. Hong Kong Floats New Proposal On Licensing Crypto Firms The legislative proposal, which Hong Kong's Financial Services and Treasury Bureau (FSTB) floated, has now moved past its consultation period, Reuters report. дальше »

2021-5-22 19:42


US Treasury Wants $10k Crypto Transactions Reported; Likely to Rise In ‘Importance in the Next Decade’

The new American Families Plan Tax Compliance Agenda would go into effect in 2023, the agency wants crypto businesses to report transactions in excess of $10,000. Just like they report Cash transactions in excess of $10k The post US Treasury Wants k Crypto Transactions Reported; Likely to Rise In ‘Importance in the Next Decade’ first appeared on BitcoinExchangeGuide. дальше »

2021-5-21 16:36


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US Treasury Unveils Biden’s Proposed Tax Measures — Cryptocurrency Transfers Over $10,000 to Be Reported to IRS

The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures is a requirement for businesses that receive crypto assets with a fair market value of more than $10,000 to report transactions to the IRS. Treasury […] дальше »

2021-5-20 20:32


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Introducing the Smart DEX Chain Community Treasury Program

If you are among the decentralized finance die-hards who have been hit hard by the Ethereum ecosystem’s congestion, you are just about to find a reason to smile. Decentralized finance and decentralized exchanges, commonly known as DEXes, launched in 2020 and are taking the crypto space by storm. There are many DeFi projects in the […] дальше »

2021-5-15 14:40


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Крупнейшая в Латинской Америке платформа онлайн-торговли инвестировала в биткоин

Котирующаяся на Nasdaq аргентинская компания Mercado Libre приобрела в первом квартале 2021 года биткоин на $7,8 млн. In an SEC filing minutes ago, MercadoLibre (Nasdaq: MELI), based in Argentina, stated:"As part of our treasury strategy this quarter we purchased $7. дальше »

2021-5-6 10:47


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Community-driven crypto project Rally raises $57M to grow creator monetization app

CryptoNinjas » Community-driven crypto project Rally raises $57M to grow creator monetization app Following a successful launch late last year, Rally, a community-driven crypto project that empowers creators and artists to launch their own cryptocurrency to build sustainable, independent economies, today announced $57 million in funding for its community treasury through community approved sales of RLY, an Ethereum blockchain-based asset and native token of Rally. дальше »

2021-4-30 21:08


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The UK set to explore Britcoin, a Bank of England-backed CBDC

The United Kingdom is planning to test the practicability of a central bank-issued digital currency. A report unveiled this news on April 19, noting that the coin is named Britcoin. Reportedly, the Bank of England (BoE) joined hands with HM Treasury to form a task force to work on the Britcoin project, which aims to […] The post The UK set to explore Britcoin, a Bank of England-backed CBDC appeared first on Invezz. дальше »

2021-4-20 12:21