Tuesday, May 11, 2021

Crypto Wallet

The Bank of England and HM Treasury announce plans to create a CBDC.

The Bank of England and HM Treasury recently announced plans to create a Central Bank Digital Currency (CBDC). This is potentially the first step for a...

South Korean Prime Minister nominee will look into crypto tax law coming into effect next year.

Kim Boo-kyum, recently nominated as Prime Minister by South Korean President Moon Jae-in, has said he will look into the country's crypto tax law....

Some Chinese banks are now allowing citizens to apply for a digital yuan wallet.

According to the Chinese media outlet Securities Times, Beijing and Shanghai citizens can now apply to one of six state-owned Chinese banks for a...

New participants in the Bitcoin network are growing at an “unprecedented” rate, JPMorgan reports.

Bitcoin has seen a lot of adoption recently as corporations adopt the leading cryptocurrency. But it’s not just the big guys, but retail is...

International payment giant Visa considers adding crypto to its network.

According to the Russia Today report, international payment giant Visa is considering allowing its cardholders to buy and sell cryptocurrencies in countries where it...

Coinbase announces to launch a secondary market for its private stock.

One of the leading crypto exchanges in the US, Coinbase, has alerted shareholders that the firm would launch a secondary market for its private...

South Korean government plans to implement a 20% tax on crypto earnings in 2023.

South Korean Ministry of Economy and Finance has recently issued an amendment to enforce a 20% tax rate on cryptocurrency investors on annual profits...

Blockchain.com becomes the latest exchange to delist XRP as Ripple’s woe increase.

Popular wallet provider and crypto trading platform Blockchain.com has announced to delist the cryptocurrency XRP and suspending its trading next week, following in the...

How do crypto trading bots work? Why and why not should you use a bot for trading?

Unlike the stock markets, the crypto market never closes, which can be a stressful scenario for traders in the industry. There has been a...

CEO of crypto wallet provider DropBit indicted for laundering $311 million in bitcoin.

The CEO of crypto wallet provider DropBit, Larry Dean Harmon, has been officially indicted for laundering $311 million in bitcoin for darknet transactions. According...

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