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America COMPETES Act passes House without ‘disastrous’ provision on crypto

February 4, 2022 by DIGIT

A provision originally included in the bill had critics saying the Treasury Secretary would not have had limits on surveilling crypto firms suspected of illicit transactions, nor open the matter to include public feedback. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Government, Law, Privacy, Regulation, United States

US lawmakers issue warnings about digital yuan as Winter Olympics kicks off

February 4, 2022 by DIGIT

“Do not accept any digital yuan,” said Minnesota Representative Tom Emmer in a tweet aimed at Team USA athletes competing in China. Go to Source Powered by WPeMatico

Categories CBDC, China, Games, Law, Olympics, Regulation, United States, Yuan

Blockchain startups grow as global VC funding generated $25.2B in 2021

February 4, 2022 by DIGIT

A 713% increase in venture capital funding went to global blockchain startups last year, but will this trend continue? Go to Source Powered by WPeMatico

Categories Andreessen Horowitz, data, Funding, Startups, tech startups, Technology, United States, Venture Capital

NFL to offer virtual NFT tickets at Super Bowl in Los Angeles

February 4, 2022 by DIGIT

After launching commemorative virtual ticket NFTs in November 2021, the NFL distributed over 250,000 NFTs as of mid-January. Go to Source Powered by WPeMatico

Categories Football, Los Angeles, Sport, United States

Coinbase users can receive US tax refunds in crypto as part of TurboTax deal

February 3, 2022 by DIGIT

The exchange said users could send the funds to their Coinbase accounts in fiat, or automatically convert it to crypto with no trading fees. Go to Source Powered by WPeMatico

Categories business, Coinbase, cryptocurriences, IRS, Taxes, United States

US lawmakers reintroduce bill to stop IRS from taxing crypto transactions under $200

February 3, 2022 by DIGIT

House Representative Suzan DelBene, introducing the latest iteration of the bill, said the United States needs to “ensure that our tax code evolves with our use of virtual currency.” Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Government, IRS, Regulation, Taxes, United States

North America to lead growth in blockchain market, new report says

February 3, 2022 by DIGIT

Blockchain market size is expected to reach $104.19 billion by 2028, exhibiting at a CAGR of 55.8% across the forecast period as per the report. Go to Source Powered by WPeMatico

Categories Banks, Blockchain, Central Bank, cross-border billing, Cryptocurrencies, North America, Technology, United States

FTX acquires Japan’s FCA-licensed crypto exchange Liquid

February 2, 2022 by DIGIT

As a part of the deal to comply with Japanese laws, FTX’s Japanese users will be moved Quoine’s trading platform. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Cryptocurrency Exchange, decentralized exchange, Exchanges, Japan, Sam Bankman-Fried, United States

SEC’s proposed rule on exchanges could threaten DeFi, says Crypto Mom

February 1, 2022 by DIGIT

“The proposal includes very expansive language, which, together with the chair’s apparent interest in regulating all things crypto, suggests that it could be used to regulate crypto platforms,” said Hester Peirce. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, defi, Government, Regulation, SEC, United States

Mark Zuckerberg’s stablecoin project Diem officially shuts down

February 1, 2022 by DIGIT

Meta has officially given up on its stablecoin project Diem after more than two years of efforts to launch the digital currency. Go to Source Powered by WPeMatico

Categories Facebook, Libra, Mark Zuckerberg, Meta., Stablecoin, 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)$95,498.00-0.03%
  • ethereumEthereum(ETH)$3,313.130.21%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$942.841.04%
  • rippleXRP(XRP)$2.070.61%
  • solanaSolana(SOL)$143.840.39%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • tronTRON(TRX)$0.3142962.43%
  • staked-etherLido Staked Ether(STETH)$3,311.810.51%
  • dogecoinDogecoin(DOGE)$0.1385020.34%
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  • bitcoinBitcoin(BTC)$95,498.00-0.03%
  • ethereumEthereum(ETH)$3,313.130.21%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$942.841.04%
  • rippleXRP(XRP)$2.070.61%
  • solanaSolana(SOL)$143.840.39%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • tronTRON(TRX)$0.3142962.43%
  • staked-etherLido Staked Ether(STETH)$3,311.810.51%
  • dogecoinDogecoin(DOGE)$0.1385020.34%