Last month was particularly eventful for the Japanese crypto ecosystem. The beginning of the year was particularly eventful for the Japanese crypto ecosystem, which is generally considered to be a major part of the industry. First of all, Japan’s Central Bank (BoJ) issued a study on the role of central bank digital currencies (CBDCs) in […]
Continue ReadingDiar finds that signs of recovery follow dips in mining revenue to their lowest since August 2017. Bitcoin (BTC) mining revenues have begun climbing after falling to their lowest levels in 18 months, statistics from cryptocurrency industry newsletter Diar confirmed Mar. 4. Capping a troubling year for miners, February saw revenue drop to amounts not […]
Continue ReadingAn unknown number of shares has allegedly changed hands between Bakkt and Starbucks in return for payments support. New details about Starbucks’ partnership with United States cryptocurrency platform Bakkt suggest the coffee giant will accept Bitcoin (BTC)-based payments after an equity deal, cryptocurrency industry news outlet The Block reported on Mar. 4. Starbucks, which became […]
Continue ReadingYale-backed Paradigm Fund and Pantera Capital were among the company’s latest contributors. New York-based cryptocurrency brokerage and trading platform Tagomi Holdings raised $12 million in its latest funding round from investors including the Yale-backed Paradigm Fund, the company confirmed in a press release on Mar. 4. Tagomi, which now has total funding of $28 million […]
Continue ReadingElliptic has refuted allegations that it collects and sells clients’ user data to third parties for financial gain. London-based blockchain analytics firm Elliptic — which provides technology to major United States crypto exchange Coinbase — has refuted allegations that it collects and sells clients’ user data to third parties for financial gain. In an official […]
Continue ReadingBrian Armstrong says that Neutrino staff with prior connections to controversial software firm Hacking Team will transition out of their new roles at Coinbase. Brian Armstrong, co-founder and CEO of major United States crypto exchange and wallet Coinbase, has said that Neutrino staff with prior connections to controversial software firm Hacking Team will transition out […]
Continue ReadingThe new raft of measures for “Russian offshores” reportedly considers the development of special regulations for cryptocurrencies. The new set of measures in respect to the development of “Russian offshores” will affect digital assets, major Russian news agency TASS reported on Mar. 1. The Russian Ministry of Economic Development is reportedly working on the third set […]
Continue ReadingBahrain has invited Indian companies to its fintech sandbox in a bid to promote new technologies in the region. Bahrain has invited Indian companies to its fintech sandbox in a bid to facilitate the development of blockchain technology in the region, The Economic Times reported on March 3. Bahrain has reportedly proposed a range of […]
Continue ReadingThe CEO of Revolut has denied recent allegations that the company breached money laundering laws. The founder and CEO of United Kingdom-based digital banking app Revolut publicly denied allegations of a money laundering breach and negligence by the company in a blog post Mar. 1. The latest in a series of publicity disasters to afflict […]
Continue ReadingBig Four firm Ernst & Young has released a new product for claiming taxes on cryptocurrencies. Big Four auditing and professional services firm Ernst & Young EY) has launched a tool for accounting and preparing taxes on cryptocurrency holdings, according to a press release published on Mar. 4. The new tool called EY Crypto-Asset Accounting […]
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