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The U.S. Federal Deposit Insurance Corporation (FDIC) has asked thousands of banks and other financial institutions it supervises to declare existing crypto activities and any plans they have to engage in crypto activities in the future. Banks to Disclose Crypto Plans to FDIC The Federal Deposit Insurance Corporation (FDIC), an agency created by Congress to […]
Bank of Spain Reminds Public Cryptocurrency Purchases Can Be Blocked in Certain Cases
The Spanish central bank, Bank of Spain, has warned users about certain actions banks can take if they detect cryptocurrency purchases. In a post published on its web page, the institution explains that traditional banks have the ability to block these transactions if they suspect there are suspicious circumstances involved, such as those related to […]
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Nifty News: AC Milan launches NFT collection, Magic Eden accepts Solana projects’ tokens, and more
AC Milan says the proceeds from the NFT collection will fund the projects undertaken by Fondazione Milan, the clubs’ charity arm.
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BTC stocks correlation ‘not what we want’ — 5 things to know in Bitcoin this week
Can anything save Bitcoin from a stocks-driven meltdown? Not everyone is bearish this week.
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Tanzania Officials Want Global Clarity on CBDCs and Crypto Assets
Officials from Tanzania’s financial sector have called for a clearer global consensus on central bank digital currencies (CBDCs) and crypto-assets. The officials agreed that more discussions still need to be carried out before a final decision is made. Interoperability of CBDCs Just under a year after the Tanzanian President Samia Suluhu Hassan asked the country’s […]
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Cathie Wood’s Ark Invest dumps PayPal favoring Bitcoin-friendly Cash App
Wood believes that Venmo is merely a follower of Cash App, which has generated more than double Venmo’s revenue from almost half the number of users.
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Crypto Exchanges Binance and Whitebit Offer Help for Ukrainian Refugees
The global crypto community has actively supported humanitarian efforts in Ukraine and two crypto exchanges are also looking to help Ukrainian refugees abroad. Binance, the largest coin trading platform, and the Ukrainian Whitebit have turned their attention to the Ukrainians who had to leave their country as a result of Russia’s invasion. Binance to Launch […]
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Need to File Fast? Follow This No-Nonsense Guide From Koinly
Left your crypto taxes until the last second? Here’s how to get your crypto taxes done by April 18 with the least amount of friction possible. The IRS has been really clear that cryptocurrency is definitely taxed – and that they’re able to track crypto investments through various channels. In brief, crypto is subject to […]
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Content creators introducing a new paradigm with NFTs
Artists and content creators are expanding the creator economy past the $100 billion mark by taking control of their brands through NFTs.
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UK Regulator Allows 5 Crypto Firms to Operate With Temporary Registration
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has allowed five crypto firms to continue to operate in the U.K. with temporary registration. The deadline for crypto firms to register with the FCA was last week but these five firms’ applications are still pending. Five Crypto Firms Can Continue to Operate in the UK […]
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