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The government of South Korea has proposed an amendment to its tax code for allowing the tax authority in the country to seize and sell crypto that belongs to delinquent taxpayers. A government official said that the revision will enable direct seizing,…
Although BTC (Bitcoin) is generally considered to be a stock of value by many people, a portion of the customers around the world may be thinking differently. It has been shown by the recent data that up to 46M people intend to…
The recently appointed secretary of Treasury Janet Yellen called for a meeting on the subject of stablecoins. She told the media last Friday that an interagency coordination and communication event is to take place to deal with the stablecoin projects. The President’s…
Binance is once again the media spotlight for all the wrong reasons. It is considered one of the largest crypto exchange platforms in the world. There are many critiques of Binance; however, two global payment giants have recently endorsed the crypto trading…
A number of experts at JPMorgan have recently stated that El Salvador’s decision to legalize Bitcoin (BTC) might be more problematic than anything else, as this could end up straining the flagship crypto’s network. Furthermore, the analysts had criticized the decision and…
Former Employee at Cryptopia Exchange, present in New Zealand, has admitted to stealing more than $170,000 worth of different digital crypto assets from the company, now facing two charges. Details about the Stealing The former employee of the exchange admitted that he…
The elected government in South Korea launched a crypto task force, this has injected fresh hope for the crypto sector in South Korea. The newly created crypto task force is talking hyperactively about the industry trends, and the need to “legalize” cryptocurrency…
Ricardo Benjamin Salinas Pliego, a Mexican billionaire, stated on Sunday that his bank Banco Azteca (founded in October 2002) intends to accept Bitcoin (BTC). He is the chairman as well as the founder of Grupo Salinas (a Mexican conglomerate). He is considered…
Brief – Indian cryptocurrency exchanges struggle to secure reliable payment options as banks break ties. Most crypto fans rely on given alternative combinations. Foreign exchanges find ways to join the Indian crypto space regardless of the uncertainties. Most crypto exchanges are now…
It is recently reported that Palestine is looking for possible ways to gain financial stability and freedom by developing digital currency. Most of the countries around the globe are trying their level best to develop their own Central Bank Digital Currency (CBDC),…
The nominee of President Biden regarding the Treasury Department under the command of the secretary for terrorism and financial intelligence announced to prioritize the new regulations for driving cryptocurrency if he gets selected. To direct the attention of the unit which is…
The bank of Switzerland is moving toward an offer to provide custody services to Bitcoin (BTC) clients as well as the trading after a period of testing for six months about whether to adopt it or not. Switzerland’s BBVA (Banco Bilbao Vizcaya…
A variety of reactions all around the globe have been inflamed by the El Salvadoran adoption of Bitcoin (BTC) to be used as a legal tender. Although those in favour of Bitcoin are consequently praising this step yet various regulatory bodies are…
Multiple companies from Thailand participated in the funding round in hopes that XSpring will connect traditional finance with Digital Finance. Investment Management Firm XSpring has managed to conduct successful funding round as a means to facilitate the development of their new financial…
Despite very unstable behavior during the weekend, cryptocurrency prices didn’t move much, as Bitcoin seems to rest at the $40,000 mark. Following price drops from yesterday, Bitcoin has rested at $40,000. As for Altcoins, most of them haven’t shown any significant change…
The analysis of the market of cryptocurrency, which was performed by JPMorgan, undoubtedly highlighted the distinction between the spot prices of Bitcoin (BTC) and the futures prices of BTC. Analysts of JPMorgan stated that the market of Bitcoin has reverted to backwardation…
The word DeFi is an abbreviation of decentralized finance. It has fewer intermediaries than traditional finance and is conducted over the blockchain. This means it is not reliant on a single source, enhancing the speed of transactions and reducing complexities. Dan Berkovitz,…
Mark Cuban is now being tracked, and his crypto activities, like on-chain data, portfolio content, and statements, are being analyzed by crypto sleuths to confirm the legitimacy. Cuban, a well-known crypto addict, seems to have been directly involved in the crypto business…
Congressman Ron Paul has come forth with his own ideas and theories regarding cryptocurrency and its place in the current financial sector. The Congressman said that Bitcoin is definitely a new concept and maybe the ideal financial solution of the modern world,…
Let us find out what the market has in this morning’s roundup. Indeed, changes are natural in the virtual markets. Here is what you missed while sleeping. Bitcoin Update Since May 19, BTC has been trading in the symmetrical triangle. That is…
