Starting today, Aug. 1, entities and individuals in Brazil must report their crypto transactions with the country’s IRS. Beginning today, Aug. 1, Brazil citizens are obligated to report on their crypto transactions with the country’s Internal Revenue Service (IRS). Entities in Brazil must report on all kinds of crypto transactions As Cointelegraph Brazil reports today, […]
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The U.S. CFTC “did not yet approve” LedgerX to offer physically settled Bitcoin futures, according to new reports. The United States Commodities Futures Trading Commission (CFTC) has confirmed that LedgerX has not yet been approved by the agency to offer physically-settled Bitcoin futures, in a statement obtained by CoinDesk. Allegedly fake CFTC approval announcements As […]
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CEO of crypto merchant bank Galaxy Digital Michael Novogratz said that Beyond Meat stock price reminds him of cryptocurrencies in 2017. CEO of crypto merchant bank Galaxy Digital Michael Novogratz said that vegetarian meat startup Beyond Meat reminds him of cryptocurrencies in 2017, in an interview with CNBC published on August 1. Innovation brings speculation, […]
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Gibraltar-based crypto derivatives exchange Quedex was granted a DLT license from the Gibraltar Financial Services Commission. Gibraltar-based crypto derivatives exchange Quedex has secured a license from the Gibraltar Financial Services Commission (GFSC). Quedex claims to be the world’s first regulated crypto futures and options exchange Quedex was granted a Distributed Ledger Technology (DLT) Providers licence […]
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Former Goldman Sachs executive Raoul Pal praises the potential profit that could be made from investing in Bitcoin, even if the chances are low. Raoul Pal, a former head of equities and equities derivatives at Goldman Sachs UK office and the founder of Global Macro Investors and Real Vision Group, believes that Bitcoin (BTC) is […]
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A Maltese government official announced that the nation’s business registry will employ blockchain technology. Junior Minister for Financial Services, Digital Economy and Innovation in the Government of Malta Silvio Schembri announced that the nation’s business registry (MBR) will employ blockchain, local financial service firm Zeta reports on July 31. First blockchain-based government agency? Per the […]
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While there are many upsides to Bitcoin’s bullish price momentum, its impact on the coin’s denomination as a currency unit may not be one of them. While there are many upsides to Bitcoin’s bullish price momentum, its impact on the coin’s denomination as a currency unit may not be one of them. As a Quartz […]
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Ethereum-based adult entertainment platform SpankChain has launched a cryptocurrency payments processor together with two new partners. Ethereum-based adult entertainment platform SpankChain has launched a cryptocurrency payments processor together with two new partners. An announcement published on July 31 reveals that the new service — dubbed SpankPay — is being launched with its first two integration […]
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7,850,000 bitcoins have now passed through the mining process, leaving just 3.15 million more. Bitcoin (BTC) now has 85% of its supply in circulation as of August 1, leaving just 3.15 million new coins for the next 120 years. 3.15 million bitcoins, 120 years According to data from monitoring resource Blockchain, Thursday saw Bitcoin miners […]
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Crypto exchange Kraken has acquired Interchange, an accounting and portfolio reconciliation service provider for institutional cryptocurrency investors. Cryptocurrency exchange Kraken has acquired Interchange, an accounting and portfolio reconciliation service provider for institutional cryptocurrency investors. A press release published on July 31 outlines that the acquisition supports Kraken’s creation of an end-to-end crypto trading and reconciliation […]
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