Cryptocurrency

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

Source: en.wikipedia.org

Treasury Looks Into Regulating Crypto To Fight Tax Evasion Schemes

Treasury Looks Into Regulating Crypto To Fight Tax Evasion Schemes
Treasury Looks Into Regulating Crypto To Fight Tax Evasion Schemes
May 20, 2021  |  Cryptocurrency

A new report from the U.S. Treasury says the current cryptocurrency climate could cause tax evasion without further regulation. Get the Full Story Complete the form...

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Today In Payments: Google’s Upgrades Target Buyers; NY Fed: Most Borrowers Who Took Forbearances Have Exited
Today In Payments: Google’s Upgrades Target Buyers; NY Fed: Most Borrowers Who Took Forbearances Have...
May 20, 2021  |  News

In today’s top news, Google announced several features to up its eCommerce game, and most borrowers who entered forbearance amid the pandemic have since exited....

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US Lags China In Crypto Regulation As Musk’s Tweets Roil Markets Again
US Lags China In Crypto Regulation As Musk’s Tweets Roil Markets Again
May 20, 2021  |  Cryptocurrency

Let’s say it was a busy day for cryptos — a volatile day, a red letter day, one that spotlighted just how fluid the environment...

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Bitcoin Daily: Jomashop, BitPay Team On Crypto Payments; Crypto Lender BlockFi Sent $10M In Bitcoin To User By Mistake
Bitcoin Daily: Jomashop, BitPay Team On Crypto Payments; Crypto Lender BlockFi Sent $10M In Bitcoin...
May 19, 2021  |  Bitcoin

BitPay, which works as a provider of bitcoin services, has rolled out crypto payments with Jomashop, an authentic luxury goods maker, according to a press...

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JPMorgan: Institutional Investors Ditch Bitcoin For Gold
JPMorgan: Institutional Investors Ditch Bitcoin For Gold
May 19, 2021  |  Investments

Large institutional investors are dumping bitcoin in favor of gold, analysts for J.P. Morgan Chase reported this week. The note from J.P. Morgan to its...

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Today In Payments: China Bars Payments Cos From Crypto Services; Google Chrome To Remind Consumers Of Open Carts
Today In Payments: China Bars Payments Cos From Crypto Services; Google Chrome To Remind Consumers...
May 19, 2021  |  News

In today’s top news, Chinese regulators banned financial institutions (FIs) from providing cryptocurrency services, and Google Chrome has added new features for online shoppers. Plus,...

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Matrixport Users Can Now Settle International Wire Transfers In USDC
Matrixport Users Can Now Settle International Wire Transfers In USDC
May 19, 2021  |  Cryptocurrency

Asian crypto neobank Matrixport has formed a partnership with global FinTech Circle to allow for international bank wire transfers to Matrixport accounts, with automatic settlement...

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Outage At Coinbase Hits Users Wednesday Morning
Outage At Coinbase Hits Users Wednesday Morning
May 19, 2021  |  Cryptocurrency

Digital currency exchange Coinbase experienced a partial outage on its platforms Wednesday morning, coinciding with a drop in the prices of some of the most popular...

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