Cointelegraph talks U.S. CBDC with the founders of the Digital Dollar Project, former CFTC Chair Giancarlo and LabCFTC leader Gorfine. The digital dollar has been the talk of the crypto world this week. Drafts of the COVID-19 stimulus bill first included and then discarded the creation of digital dollar wallets; a digital distribution method that […]
Continue ReadingMedici Ventures announces partnership between Symbion and GrainChain to expand the blockchain-based agritech platform globally. Overstock’s blockchain accelerator, Medici Ventures, announced a global expansion of the distributed ledger technology (DLT)-powered agritech platform GrainChain. Medici Ventures published a press release on March 27 announcing that GrainChain’s expansion will be executed in collaboration with fintech company Symbiont […]
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The trustee representing the users of the now-defunct Canadian crypto exchange QuadrigaCX will submit all of its documents containing user data to Canada’s tax authority. EY, the court-appointed bankruptcy trustee for the defunct Canadian crypto exchange QuadrigaCX, has been asked to submit all of the exchange’s user information to the Canada Revenue Agency (CRA). Court […]
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The court sided with the SEC and prohibited Telegram from releasing Gram tokens, but the community says it can still launch the network. As Telegram’s legal battle with the United States Securities and Exchange Commission continues to unfold, the U.S. authorities have convinced the judge to bar the company from issuing Gram tokens — at […]
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Tax primer for retailers and e-tailers who want to use crypto. During 2019 alone, thousands of merchants worldwide were accepting Bitcoin (BTC) as a payment method. Despite this, a lot of current and would-be merchants are confused about how to pay taxes on their cryptocurrency sales. This guide was created by a United States business […]
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The Bank of China has completed the basic function development of a digital Yuan and it has moved one step closer to launch its CBDC during a middle of global recession. As central banks around the world are cutting interest rates to zero and taking aggressive action against the economic recession due to the coronavirus […]
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The CFTC has released new guidelines of physical delivery of digital assets as it relates to trading. The U.S. Commodity Futures Trading Commission, or CFTC, has publicized clarity on physical digital asset delivery as it applies to traded market products. “The Commodity Futures Trading Commission today announced the Commission voted unanimously to approve final interpretive […]
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Experts weigh in on how blockchain ID can restore self-sovereign identity both online and in the physical world. Although some people in life do an extremely convincing job of indicating otherwise, all humans have an identity. This identity comes in many forms, and as modern life has progressed, the ways in which people can identify […]
Continue ReadingLess than 1% of Australians used crypto for consumer payments in 2019, according to a survey by the Reserve Bank of Australia. While some Australian authorities recognize cryptocurrencies as a form of investment, digital assets like Bitcoin (BTC) are apparently not very popular as means of payment in the country. Australia’s central bank, the Reserve […]
Continue ReadingHawaii has unveiled a virtual currency sandbox that allows blockchain startups to conduct otherwise unlicensed money transmitting activities. The governor’s office of Hawaii revealed its new ‘Digital Currency Innovation Lab’ on March 17 — a blockchain and cryptocurrency incubator developed through collaboration between the state’s Department of Commerce and Consumer Affairs, Division of Financial Institution […]
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