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Russian Lawmakers Finally Pass Country’s Major Crypto Bill

July 22, 2020 by DIGIT

Russia’s newly passed crypto bill finally provides a legal status to crypto, but does not allow it to be used as a payment method. Go to Source Powered by WPeMatico

Categories Bitcoin, Cryptocurrencies, Digital Asset, Government, Payments, Regulation, Russia

US Lags Behind Other Nations Regarding CBDCs, Says Former CFTC Commissioner

July 22, 2020 by DIGIT

According to former CFTC Commissioner Sharon Bowen, the U.S. is behind other nations working on a CBDC. Go to Source Powered by WPeMatico

Categories Accenture, CBDC, CFTC, Digital Currency, Government, Regulation, United States

Chinese Supreme Court Favors Strengthening Cryptocurrency Property Rights

July 22, 2020 by DIGIT

China’s Supreme Court has called to strengthen property laws pertaining to digital currency, network virtual property and data. Go to Source Powered by WPeMatico

Categories Asia, Bitcoin Regulation, Blockchain, China, Court, Cryptocurrencies, Law, Legislation, Policy & Regulation, Regulation, Virtual Property

South Korea Finalizes Cryptocurrency Income Tax of 20%

July 22, 2020 by DIGIT

South Korea has finalized a new 20% tax rate for income generated from crypto trading. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Government, Regulation, South Korea, Taxes

YouTube: We’re Not Liable for Crypto Scams

July 22, 2020 by DIGIT

Lawyers for the video-sharing platform argue that because Ripple impersonators were third-parties it has no liability. Go to Source Powered by WPeMatico

Categories Crimes, Regulation, Scams, YouTube

Coinsquare’s Leadership Forced Out After Wash Trading $5.5B

July 22, 2020 by DIGIT

The CEO, President, and the COO of Canadian exchange Coinsquare have stepped down following an agreement with the Ontario Securities Commission. Go to Source Powered by WPeMatico

Categories Bitcoin, Canada, Cryptocurrency Exchange, Regulation

Why Did LocalBitcoins Give Up Their Users’ Privacy?

July 21, 2020 by DIGIT

LocalBitcoins COO Elena Tonoyan explains how the oldest peer-to-peer Bitcoin exchange is fighting against criminal activity on its platform. Go to Source Powered by WPeMatico

Categories Bitcoin, Cryptocurrency Exchange, Money Laundering, Regulation, Video

Kazakhstan Needs National Crypto to Fight Corruption, Says Local Official

July 21, 2020 by DIGIT

Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says. Go to Source Powered by WPeMatico

Categories Cash, CBDC, Central Bank, Corruption, Digital Currency, Government, Kazakhstan, Regulation

Could Compound’s Governance Token COMP Be Deemed a Security?

July 21, 2020 by DIGIT

Examining COMP’s ability to pass the Howey test for being qualified as investment contracts and to be considered a security. Go to Source Powered by WPeMatico

Categories Blockchain, business, Cryptocurrencies, defi, Regulation, SEC, Technology, United States

Crypto Tax Disclosures Can Help With Internal Revenue Service

July 21, 2020 by DIGIT

Disclosure sounds like it exposes you to extra IRS audit risk, but if it’s done properly, disclosure can actually reduce your risk. Go to Source Powered by WPeMatico

Categories business, Cryptocurrencies, Government, IRS, Regulation, Taxation, United States
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$90,169.001.59%
  • ethereumEthereum(ETH)$3,119.333.62%
  • tetherTether(USDT)$1.000.07%
  • rippleXRP(XRP)$2.027.70%
  • binancecoinBNB(BNB)$877.351.70%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.264.09%
  • staked-etherLido Staked Ether(STETH)$3,118.143.64%
  • tronTRON(TRX)$0.2888811.01%
  • dogecoinDogecoin(DOGE)$0.14321012.78%
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  • bitcoinBitcoin(BTC)$90,169.001.59%
  • ethereumEthereum(ETH)$3,119.333.62%
  • tetherTether(USDT)$1.000.07%
  • rippleXRP(XRP)$2.027.70%
  • binancecoinBNB(BNB)$877.351.70%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.264.09%
  • staked-etherLido Staked Ether(STETH)$3,118.143.64%
  • tronTRON(TRX)$0.2888811.01%
  • dogecoinDogecoin(DOGE)$0.14321012.78%