U.S. IRS Releases Guidance on Crypto Airdrops and Hard Forks
The IRS has issued new guidance that attempts to clarify tax reporting for crypto hard forks and airdrops Go to Source Powered by WPeMatico
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SEC Enters Settlement Talks With Alleged Fraudulent Firm Veritaseum
The U.S. SEC has reportedly entered settlement talks with alleged fraudulent crypto firm Veritaseum Go to Source Powered by WPeMatico
United Nations Agency Unicef Launches Cryptocurrency Fund
Unicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide. Also read: RBI Ban Stops Indian Police From Cashing Out Seized Crypto … Read more
UK’s Central Bank Establishes Provisions for Facebook’s Libra
The Bank of England has established provisions for Facebook’s Libra should it be issued in the country Go to Source Powered by WPeMatico
Crypto Debit Card Firm Cryptopay Launches UK Bank Transfers With British Pound
Crypto wallet and debit card service company Cryptopay now offers transfers with pounds sterling Go to Source Powered by WPeMatico
OpenLibra Plans to Launch Permissionless Fork of Facebook’s Stablecoin
OpenLibra, a permissionless fork of Facebook’s stablecoin Libra, is announced at the Ethereum developer conference Devcon 5 Go to Source Powered by WPeMatico
Deribit Launches Weekly Research Publication on Various Crypto Topics
Deribit is launching a weekly research publication on various cryptocurrency topics Go to Source Powered by WPeMatico
Libra Association’s Head of Product Spent Just Five Months in the Role
Simon Morris, the head of product at the Libra Association, has left the project within five months of joining, according to his LinkedIn profile Go to Source Powered by WPeMatico
Major German Coop Bank Passes Negative Interest Rates to Customers
One of Germany’s largest cooperative banks has begun charging its retail customers a negative interest rate. Other major banks could follow suit since the European Central Bank cut the deposit rate to a record low. Deutsche Bank recently said that it needs to be “much more robust about passing on negative rates.” Also read: Massive … Read more
OmiseGo Joins Crypto Coalition Universal Protocol Alliance
OmiseGo has become a member of Universal Protocol Alliance, a coalition of blockchain and crypto-focused firms Go to Source Powered by WPeMatico