Business
Crypto is the next step toward a cashless society
From QR code payments to mobile banking apps, consumers worldwide are increasingly reliant on digital payment solutions, especially as mobile technology becomes more ubiquitous. Government-led
Adopting the Bitcoin standard? El Salvador writes itself into history books
The cryptocurrency space and wider economic community continue to laud a historic move by El Salvador to recognize Bitcoin as legal tender. The Central American
Is there a right way to regulate crypto? Yes, and this is how
Cryptocurrency is becoming increasingly mainstream. Between the entrance en masse of traditional financial institutions — from investment funds, to banks, to insurance companies — to
Pronouncements from the G-7 allow green fintech to flourish
After debating the issue for over eight years, the secretary-general of the Organization for Economic Cooperation and Development (OECD), Mathias Cormann, welcomed a historic international
Thai SEC bans exchanges from handling certain token types including NFTs
Thailand’s Securities and Exchange Commission has approved guidelines prohibiting crypto exchanges in the country from supporting four different types of tokens in certain cases. In
Bill banning crypto mining for 3 years dies in NY state assembly
A bill which would have required miners in New York to halt operations for three years as part of an apparent effort to slow the
More IRS crypto reporting, more danger
The United States Internal Revenue Service classifies crypto as property, meaning you can trigger taxes every time you use crypto to buy something. You might
Regulator interest is good for the crypto ecosystem, says BlockFi CEO
BlockFi CEO Zac Prince agrees with United States Senator Elizabeth Warren that there is a lot of noise in the crypto industry. Still, he expects
Dutch official calls for complete ban on Bitcoin
As El Salvador adopts Bitcoin (BTC) as legal tender, one Dutch official blasted the cryptocurrency, calling for an urgent blanket ban. Pieter Hasekamp, director of the
Binance-owned Indian exchange WazirX investigated for alleged AML failings
The well-known Indian crypto exchange WazirX, which Binance acquired in 2019, is under investigation for alleged violations of India’s Foreign Exchange Act (FEMA). The probe