Novogratz predicts young people will buy Bitcoin with their stimulus checks
Mike Novogratz claims that many people bought Bitcoin after the last round of federal stimulus checks, and thinks they’re likely to again. Go to Source Powered by WPeMatico
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US crypto firms invest in tax solutions as IRS updates reporting forms
Coinbase Ventures, PayPal Ventures and Winkelvoss Capital have all invested in cryptocurrency tax automation software provider TaxBit. Go to Source Powered by WPeMatico
Top Gambling Firm IGT Obtains US Patent for a System to Enable Customers to Fund Their Bets via Crypto
A gambling tech giant received the green light from the U.S. Patent and Trademark Office (USPTO) to start offering cryptocurrency payment options to their users. The company is known for manufacturing slot gambling machines. Gamblers Could Also Transfer Crypto From Their Wallets to the Casino’s Ones Per records from the USPTO, International Game Technology (IGT) … Read more
FinCEN’s wallet rule is open for another day of comments because ‘government officials can’t count to 15’
The website accepting comments on the proposed FinCEN rule shows crypto users have until Jan. 7, not Jan. 4 as the regulator claimed. Go to Source Powered by WPeMatico
Blockchain.com follows other exchanges in delisting XRP
Ripple’s woes multiply as Blockchain.com becomes the latest exchange to suspend trading of XRP. Go to Source Powered by WPeMatico
Dem candidate beats former Bakkt CEO Kelly Loeffler in tight senate race
Kelly Loeffler has lost the Georgia runoff election to Democratic challenger Raphael Warnock. Go to Source Powered by WPeMatico
Mark Cuban says he’ll run for president if BTC hits $1M
As president of the United States, the Dallas Mavericks’ owner says he would give away Bitcoin to every citizen. Go to Source Powered by WPeMatico
FinCEN is now interested in offshore crypto holdings, proposes new regulation
Eleventh hour note announces intention to propose a change in Foreign Bank and Financial Accounts regulations. Go to Source Powered by WPeMatico
NYT Study: Coinbase Underpaid Female and Black Employees at Much Larger Rates Than Those in the Technology Industry
An analysis performed by the New York Times of internal pay data at cryptocurrency exchange Coinbase unveiled disparities in salaries, showing their women and Black employees were underpaid. Coinbase Underpaid Women and Black Employees, Claims NYT Study According to the report, women employees were paid by Coinbase an average of $13,000, or 8%, which is … Read more
The US has already lost the 2020 crypto regulation race to Europe
When it comes to crypto regulation, the United States is falling further behind more progressive and visionary nations. Go to Source Powered by WPeMatico