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2 counterarguments for CNBC’s Brian Kelly who sees a $19K Bitcoin topby Joseph Young on November 25, 2020 at 11:00 am
CNBC “Fast Money” host Brian Kelly names three factors that could potentially cause a Bitcoin pullback to occur. CNBC Fast […]
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Economic justice doesn’t need the blockchain, say advisors to ‘The Squad’by Marie Huillet on November 25, 2020 at 10:52 am
Making digital cash work efficiently for public stimulus payments doesn’t require a detour through blockchain technology, in the view of U.S. […]
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South Korean government to delay crypto tax rules by three monthsby Jack Martin on November 25, 2020 at 10:37 am
Following lobbying by the Korean Blockchain Association, crypto exchanges have extra time to implement a new tax infrastructure. The South […]
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A digital yen will make the crypto market ‘more lively,’ says Monex CEOby Marie Huillet on November 25, 2020 at 9:00 am
Oki Matsumoto, the head of Japanese financial services giant Monex, has welcomed the Bank of Japan’s recent interest in central bank digital currency. […]
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Russian Hospitalized After Bitcoin Mining Farm Sets Apartment on Fire
by Anna Baydakova on November 25, 2020 at 12:02 pm
A poorly managed mining farm in St. Petersburg, Russia, set an apartment on fire and injured the operator, according to a report.
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South Korea May Delay Implementation of 20% Crypto Tax Till 2022
by Daniel Palmer on November 25, 2020 at 11:25 am
The National Assembly is pushing for a delay to the tax proposal to allow exchanges more time to prepare.
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Australia and Singapore to Trial ‘Paperless’ Trade Using Blockchain Technology
by Sebastian Sinclair on November 25, 2020 at 10:47 am
Australia's border agency will trial blockchain solutions aimed at simplifying cross-border trade with Singapore.
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Digital Yen Would Make Crypto Markets ‘More Lively,’ Says CEO of Monex Group
by Sebastian Sinclair on November 25, 2020 at 10:02 am
Oki Matsumoto said a central bank digital currency would make it easier to convert cryptocurrency into legal tender.
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BIS Paper Says There’s Potential to Embed Regulation Into Stablecoin Systems
by Sebastian Sinclair on November 25, 2020 at 9:31 am
The need to regulate global stablecoins like Libra doesn't mean authorities can't embrace innovation, according to according to a BIS working paper.
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Coinbase Ditches US Customer Tax Form That Set Off False Alarms at IRS
by Jaspreet Kalra on November 24, 2020 at 10:25 pm
Instead of the troublesome 1099-K form, Coinbase will send the 1099-MISC to users of its interest-bearing products. Regular traders may not receive any forms at all.
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Coinbase Will Suspend All Margin Trading Tomorrow, Citing CFTC Guidance
by Nikhilesh De on November 24, 2020 at 10:01 pm
Coinbase plans to suspend all margin trading contracts effective tomorrow, and will end the service entirely by next month.
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Market Wrap: Bitcoin Pushes Past $19.4K; Deribit Ether Options Volume Spikes
by Daniel Cawrey on November 24, 2020 at 9:23 pm
Bitcoin trades above $19,000 as ether options volume on exchange Deribit spikes.
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Leading Japanese Financial Firm SBI Holdings Rolls Out Crypto Lending Services
by Jaspreet Kalra on November 24, 2020 at 8:22 pm
A subsidiary of SBI Holdings said it's launched a service allowing users to ‘lend’ bitcoin to the firm and earn an interest at the rate of 1% annually in return.
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BitMEX Founder’s Charges Highlight Risks for DeFi
by Grant Fondo on November 24, 2020 at 7:53 pm
The case against BitMEX, an offshore crypto trading platform, has regulatory implications for the burgeoning DeFi market.
