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US Federal Reserve Recruiting Talents for Cryptocurrency Research Management Vacancy

The US Federal Reserve has reportedly recruited a new manager, working mainly in the Retail Payments section, based in Washington, D.C. Specifically, on November 3, a new vacant position is available,...

Katelyn James | Nov 06, 2019 11:17

First Swiss Crypto Bank Given Greenlight to Operate In Singapore By Its Authorities

Sygnum – a digital coins bank headquartered in Switzerland – has reportedly been granted authorization to operate its banking services in Singapore. Specifically, Sygnum – which has...

Tracy Hannes | Nov 02, 2019 11:35

Bahamas Rolls Out Fiat Crypto Coin to Help When Natural Disaster Happens

The Central Bank of the Bahamas (CBOB) is looking to roll out its self-developed fiat cryptocurrency, in an effort to protect the resilience of the nation’s economies, should natural disasters take...

Warren Hayes | Oct 27, 2019 10:15

U.S. IRS Issues New Cryptocurrency Tax Guidelines for Airdrops, Hard Forks

The U.S. Internal Revenue Services has released new guidance in the form of a Revenue Ruling for tax reporting on cryptocurrency airdrops and hard forks. The Revenue Ruling 2019-24 intends to help...

Shannon Wilson | Oct 11, 2019 16:36

“Cryptocurrency Is Inevitable, but the US Should Not Lead the Way”, Philly Fed Reserve Chief Claimed

Patrick Harker – current head of the Federal Reserve Bank of Philadelphia – has reportedly admitted the inevitability of central bank crypto coins. Nonetheless, the Philly Fed boss...

Shannon Wilson | Oct 07, 2019 02:19

Parliament of Liechtenstein Passed New Blockchain Act

The Parliament of Liechtenstein has unanimously approved of the Act on Tokens and Entities Providing Services Based on Trusted Technologies (TVTG), also widely referred to as the Blockchain Act. On...

Katelyn James | Oct 06, 2019 18:08

“Bitcoin (BTC) is Neither Financial Assets nor Legal Tender”, Ruled the IFRIC

The International Financial Reporting Interpretations Committee (IFRIC) has reclassified digital coins, nominally Bitcoin (BTC), deeming it not to be bound by the definition of financial assets or...

Jenny Aurora | Sep 24, 2019 17:49

Binance US Begins Supporting Trading for 13 Currency Pairs

Binance US – the North American branch of the high-profile, Malta-based crypto exchange platform Binance – will officially starts to facilitate transactions beginning September 24,...

Emily Rys | Sep 24, 2019 17:45

Tax Will not Apply to Crypto-exclusive Transactions, Only to Crypto-to-Fiat Sales, French Gov. Stated

The French government will reportedly not apply taxation to crypto-exclusive transactions, but will tax whenever crypto-to-fiat sales are made. As reported by Bloomberg, Bruno Le Maire – the...

Shannon Wilson | Sep 14, 2019 03:31

China is Leading The World in Developing CBDCs, Says Circle CEO

Circle CEO Jeremy Allaire has recently stated that the country that has the most advanced thinking about central bank digital currencies (CBDCs) is China. During an interview aired on Phoenix Chinese...

Jenny Aurora | Sep 12, 2019 18:41