Chinese retail giant JD accepts digital yuan payments for Singles Day
Some 450,000 JD.com customers have used China’s digital yuan for payments as of June 2021. Go to Source Powered by WPeMatico
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Slovenia Launches Public Consultations on Crypto Taxation Law
Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to Amend Tax Rules for Cryptocurrencies The Finance Ministry in Ljubljana has opened public consultations … Read more
UK FCA grants registration to crypto startup Crypterium
Crypterium’s cryptocurrency wallet application is available in more than 170 countries, the company says. Go to Source Powered by WPeMatico
Crypto-to-fiat liquidity startup Xanpool raises $27M
XanPool positions itself as a “Uniswap-like” crypto-to-fiat AMM relying on the liquidity of its participants. Go to Source Powered by WPeMatico
PayPal co-founder Peter Thiel says he ‘underinvested’ in Bitcoin
Billionaire Peter Thiel shared concerns that investing in Bitcoin is already a “known secret.” Go to Source Powered by WPeMatico
Bitcoin briefly flippens Swiss franc after rally to new ATH
The crypto asset’s market capitalization overtook the Russian ruble in February after a major announcement from car manufacturer Tesla. Go to Source Powered by WPeMatico
Russia aims to replace US dollar reserves with digital assets in long term
Last week, the Russian president said it was “a bit early” to use cryptocurrencies to settle oil trades. Go to Source Powered by WPeMatico
‘Thank God for Bitcoin,’ Cynthia Lummis says on US debt limit raise
Bitcoin should be there to allow people to save in the event of governments fail, Senator Cynthia Lummis said. Go to Source Powered by WPeMatico
Bank of Russia to assess Bitcoin holdings volumes as $36M leave banks
The Bank of Russia remains skeptical on crypto despite the Russian president viewing it as a potential unit of account. Go to Source Powered by WPeMatico
Crypto fintech Moonpay reportedly aims for $3.4B valuation in first VC funding
Co-led by Tiger Global Management and Coatue Management, the VC funding will inject funds worth $400 million into the bootstrapped company. Go to Source Powered by WPeMatico