Wednesday, January 29, 2020
Authors Posts by Grace Muthoni

Grace Muthoni

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Central Bank of Switzerland Has Opened up a Hub for Crypto...

The Swiss National Bank (SNB) has teamed up with the Bank for International Settlements (BIS) and exchange platform SIX Digital Exchange (SDX) to develop...

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 for this report since...

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 banks to be licensed...

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 scams in the past....

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 trade. The IRS posted...

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 House of Representatives. This...

Russian Firm “ICO Rating” Fined $268,998 by the SEC

ICO Rating has been fined $268,998 by the US Securities & Exchange Commission (SEC). This was after the Russian based analytics company hid information...

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 bill. The law’s mandate...

China’s Central Bank Plans to Create a Digital Currency to Rival...

The Central Bank of China has indicated plans to establish a digital coin. Already supported by the cabinet, this coin will come in handy...

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 to carry out transactions...