European bankers on digital euro: ‘ECB has no interest in users’ personal data’
While anonymity still stands as the core issue of a European CBDC, the inevitable competition with private banks also raises...
Month: April 2023
Revolut taps Koinly for automated cryptocurrency tax reports
Revolut has partnered with Koinly to integrate cryptocurrency tax report services for users. As cryptocurrencies increasingly fall under the purview...
CFTC wins record $3.4B penalty payment in Bitcoin-related fraud case
The CFTC said it’s the largest fraudulent Bitcoin scheme charged in any of its cases and the “highest civil monetary...
Fed, NYDFS assess their supervisory performance after March’s big bank failures
Internal reviews of the supervision of Silicon Valley Bank and Signature Bank have been released, showing weaknesses on the part...
Crypto Biz: Google bullish on blockchain, UK’s $125M AI pledge, Voyager and Binance
This week’s Crypto Biz explores Google expanding its Web3 program, the U.K.’s $125 AI pledge, FTX selling LedgerX and Binance.US...
UK Treasury seeks input on taxing DeFi staking and lending: Finance Redefined
The UK Treasury is seeking input on taxing the DeFi space, and on provisions around staking and lending. Welcome to...
Venmo will enable fiat-to-crypto payments in May
Users of the mobile payment service will also be able to receive crypto through a QR code or external crypto...
Terra Classic Advocates Propose Plan to Re-Establish USTC’s Peg With US Dollar, Token’s Value Surges by Over 9%
Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem...
US Government in Talks to Rescue Struggling First Republic Bank, Sources Say
Sources have revealed that U.S. government officials are in talks to rescue First Republic Bank, a struggling financial institution. The...
Bitcoin Blockchain Surpasses 2 Million Ordinal Inscriptions Milestone in Just Over 4 Months
As of April 28, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain has exceeded 2 million, according to...
Tax law researchers propose IRS framework for deducting crypto losses
A recently published study appears to advocate for the isolation of crypto assets from other tax deductions where losses are...
How would a US debt default impact Bitcoin?
Cointelegraph analyst and writer Marcel Pechman explains how a U.S. debt default could impact Bitcoin and the larger cryptocurrency market....
What is Auto-GPT, and why does it matter?
Auto-GPT is a powerful tool for task automation that combines natural language processing and deep learning to generate human-like text...
Mauritius planning to launch pilot project for retail digital rupee late this year
The governor of the Bank of Mauritius told a meeting of central bank technologists about the development of the island...
Bitcoin Price Prediction for Today, April 28: BTC/USD Could Target Another Drop Below $29,000
The Bitcoin price prediction reveals that BTC is yet to gain strength above the 21-day moving average as the coin...
