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Coinbase appears poised to increase its global market share for licensed cryptocurrency exchanges. It recently hired a mergers and acquisitions veteran who handled more than 40 deals for Linkedin, signaling its intent to start gobbling up competitors in the industry. Now it’s also established a new legal beachhead in the UK from which it can … Read more
International Monetary Fund (IMF) Managing Director Christine Lagarde released a blog post Tuesday, March 13, Addressing the Dark Side of the Crypto World. In it, she argues increasing fascination with cryptocurrencies has brought along grave costs: money laundering, terrorism, and economic instability. Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining IMF Managing Director … Read more
Over the past few months, the Chicago Board of Exchange (Cboe) and the Chicago Mercantile Exchange (CME Group) have been selling bitcoin-based futures products. Predictions have been dull as most forecasts are around the $9-9.4K USD range for bitcoin derivatives using both firms’ futures data. On the other hand, crypto-derivatives trade volumes have been increasing. Also … Read more
The largest search engine on the planet, Google, announced formally it will restrict advertisement of “Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice),” including aggregators and affiliates regarding “cryptocurrencies and related content.” Also read: Québec Premier: We’re Not Really Interested in Bitcoin Mining Google … Read more
In an era in which there’s a blockchain for everything and everyone is launching a blockchain, it’s not surprising that a cryptocurrency exchange should get in on the act. It’s even less surprising that Binance should be the platform to do so. The ambitious exchange, buoyed by record profits and substantial goodwill within the crypto … Read more
Hosting the CME, the Cboe and many investment funds, Chicago is an American and global financial trading powerhouse. As such it should come as no surprise that students in the region are clamoring to learn about a major part of the economy of the future, bitcoin. Also Read: Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock … Read more
Having recently had to report over 13,000 of its clients to the US Internal Revenue Service (IRS), making it easier to handle tax reporting is a must for Coinbase. The company has launched a tax calculator, but it will not be of much use for many of its clients including those who transacted with GDAX, … Read more
Just recently news.Bitcoin.com spoke with Corsair Hancock, a mini-sprint driver who decided to rebuild his 2007 Hyper Chassis into a Bitcoin.com – Bitcoin Cash mini-sprint racer. Also read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Bitcoin Cash Is King Corsair is also the son of the Freedom Phoenix radio-show host and libertarian activist Ernest Hancock. … Read more
On Tuesday, March 13, OB1, the company building the cryptocurrency-centric marketplace Openbazaar, has announced it has raised $5 million USD in a recent series A funding round. According to the startup, Omers Ventures and Bitmain Technologies were the lead investors in the funding round for the e-commerce marketplace. Also Read: Survey Finds South Korean Youth the … Read more
How many central banks are actually considering their own version of cryptocurrency is unclear, Russia and Venezuela being the most infamous examples. To perhaps ward off serious consideration from more established economies, the Bank for International Settlements (BIS), the world’s central bank to central bankers, is suggesting state-backed crypto might destabilize commercial banks’ customer deposits, … Read more