Central Bank of Switzerland Has Opened up a Hub for Crypto Trading
The Swiss National Bank (SNB) has teamed up with the Bank for International Settlements (BIS) and exchange platform SIX Digital…
New Crypto Tax Rules issued by the IRS
The Internal Revenue Service (IRS) recently released instructions for computing taxes involving crypto assets. The digital market has been waiting…
Switzerland’s Supervisory Authority Approves Licenses to SEBA Crypto and Sygnum
The Swiss Financial Market Supervisory Authority (FINMA) has certified two Blockchain institutions. This makes SEBA and Sygnum the first crypto…
Crypto Investment Tools and Products That Are Gaining Acceptance by Regulators
Recent events have proven that the crypto industry is maturing. The digital market has been rocked by a myriad of…
IRS Proposes to Backdate Tax Payments of Digital Currencies
The Internal Revenue Service (IRS) has sent communication to several market participants discussing backdated tax settlements in the digital asset…
The Crypto Tax Bill by North Carolina’s Representative Ted Budd
Ted Budd, the representative of North Carolina’s (NC) 13th congressional district has submitted a tax proposal to the United States…
New Jersey Signs Bill on Blockchain Taskforce
Blockchain application research is set to premier in New Jersey. This was after Governor Phil Murphy assented to the S2297…
China’s Central Bank Plans to Create a Digital Currency to Rival Facebook’s Libra
The Central Bank of China has indicated plans to establish a digital coin. Already supported by the cabinet, this coin…
Philippines’ Largest Bank, UnionBank, Launches its Own Cryptocurrency
UnionBank has released a digital currency dubbed PHX. According to the Philippine Star, the Bank will use the Stable coin…