Decentralization is the final frontier for CBDCs
Decentralized CBDCs will most likely pique the interest of the masses much more than their centralized counterparts. Go to Source Powered by WPeMatico
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NFTs and US taxes: What you should know
Are there any pitfalls in NFT taxation according to the current U.S. laws? Go to Source Powered by WPeMatico
Tether gets Coinbase’s seal of approval, will list on pro offering
Coinbase seems to be signaling that the Nasdaq-listed crypto exchange is not concerned about the stablecoin’s regulatory issues. Go to Source Powered by WPeMatico
Jackson, Tennessee follows Miami’s lead to adopt Bitcoin operations
Another city in the United States is looking to add Bitcoin payments and mining activities to the city’s balance sheet. Go to Source Powered by WPeMatico
Coinbase hires former Google Pay exec to lead India operations
Coinbase has started hiring in India despite rumors of an impending ban on crypto in the country. Go to Source Powered by WPeMatico
Expert explains why Britain needs a digital pound
One of the contributors to the Bank of England’s preliminary CBDC research tells us why a digital pound is neccessary in the United Kingdom. Go to Source Powered by WPeMatico
Ohio senator wants clarity for crypto tax reporting in proposed bill
Senator Rob Portman said lawmakers were “still pulling in information” on crypto to formulate the bill, implying he announced it to the public prematurely. Go to Source Powered by WPeMatico
Governments can stop Bitcoin by shutting down mining, says Electric Capital exec
“If the U.S. stopped all the U.S. miners, Kazakstan stopped all the miners there — that kind of shuts down 80-90% of the hashrate pretty quickly,” said Curtis Spencer. Go to Source Powered by WPeMatico
UAE employs blockchain tech for remote litigation services
The UAE government’s adoption of blockchain technology for its legal notary services builds on its ambitions to go completely digital. Go to Source Powered by WPeMatico
Bahamas ranked first for retail CBDC development, according to PwC
Countries like the Bahamas and Thailand are on the leading edge of CBDC development, according to a new research report. Go to Source Powered by WPeMatico