Stellar Development Foundation Partners with Stablecoin Standard to Boost Stablecoin Adoption

The Stellar Development Foundation (SDF) has announced a strategic partnership with Stablecoin Standard, aiming to advance the adoption of stablecoins through education, resources, and collaborative initiatives. The Stellar Development Foundation (SDF), a non-profit organization dedicated to the growth of the Stellar network, has joined forces with Stablecoin Standard as an industry partner. This partnership, announced…

May 24, 20240Comments

ByZoran Spirkovski

Markets

IMF Backs Nigeria’s Crypto Adoption Amid SEC Crackdown

The International Monetary Fund (IMF) has thrown its weight behind Nigeria’s adoption of cryptocurrencies, recommending the licensing of global cryptocurrency exchanges. This move aims to address Nigeria's macroeconomic challenges, including currency instability and inflation, while bolstering its position in Africa's burgeoning crypto market. Nigeria has faced significant economic hurdles, with a notable issue being the discrepancies…

May 21, 20240Comments

ByElijah Law

Markets

Crypto Industry Rallies Behind H.R. 4763 as House Vote Approaches

In a pivotal moment for the crypto industry, H.R. 4763, known as the Financial Innovation and Technology for the 21st Century Act (FIT 21), is set for a crucial vote in the U.S. House of Representatives next week. This bill aims to create a comprehensive regulatory framework for digital assets, which many believe is essential…

May 18, 20240Comments

ByZoran Spirkovski

Altcoins

WisdomTree Prime Launches to 41 States, Leveraging Stellar Network for Enhanced Digital Asset Services

SAN FRANCISCO, May 9, 2024 — WisdomTree, a notable asset management firm, has launched its innovative financial app, WisdomTree Prime, to cover 75% of the U.S. population across 41 states despite shareholder wishes. This strategic extension is powered by the Stellar Development Foundation, which supports the app's robust digital asset services. WisdomTree has integrated Stellar’s efficient…

May 10, 20240Comments

ByZoran Spirkovski

Markets

Ledgible Announces Readiness Assessment for Digital Asset Companies Preparing for IRS 1099-DA

In a move that feels a bit like spring cleaning for digital paperwork, Ledgible has launched a new Readiness Assessment program. This initiative comes hot on the heels of the Internal Revenue Service's introduction of the draft Form 1099-DA, a new beacon in the foggy waters of digital asset tax reporting. With this program, Ledgible…

May 7, 20240Comments

ByZoran Spirkovski

IRS building with digital displays featuring Bitcoin and Ethereum, representing the 1099-DA form for digital asset reporting.

Markets

Understanding the IRS’s New 1099-DA Form: What It Means for Cryptocurrency Taxation

The Internal Revenue Service (IRS) has recently unveiled the first draft of the 1099-DA form, tailored specifically for digital asset transactions. This development is a significant step in the integration of digital assets into the regulatory framework of the financial system, reflecting their growing prevalence. As digital assets increasingly intersect with traditional finance, comprehending the…

April 27, 20240Comments

ByZoran Spirkovski

Press Release

Revolutionizing Compliance in Digital Assets: Eesee Partners with Blockpass

In a landscape where digital asset transactions are becoming ever more ubiquitous, the demand for stringent compliance and security measures has never been more critical. Addressing this need, Eesee, a next-generation gamified digital asset marketplace, has joined forces with Blockpass, a pioneer in compliance solutions. This partnership is poised to set a new standard in…

April 25, 20240Comments

ByZoran Spirkovski

Press Release

Bison Bank Shatters Expectations with a 240% Revenue Increase in 2023

Lisbon, April 16, 2024 - In a remarkable testament to robust strategy and innovative business practices, Bison Bank has announced an unprecedented revenue growth of 240% compared to the previous year. This exceptional increase has not only exceeded expectations but has also positioned Bison Bank as a frontrunner in the Portuguese banking sector, specializing in…

April 25, 20240Comments

ByZoran Spirkovski

Bitcoin

Wallet Development At the Forefront of Cryptocurrency Innovation

Wallet development is one of the most significant aspects of the cryptocurrency revolution, yet it remains largely on the sidelines in terms of the larger discussion on mass adoption. All agree that cryptocurrencies cannot fully go mainstream without simple, user-friendly methods for usage and storage. Likewise, as blockchains and digital assets become more advanced, wallets…

June 8, 20180Comments

ByTrevor Smith

Altcoins Bitcoin Ethereum News Press Release Technology

India Announces Restrictions on Crypto Use, Values Slide

In a budget speech before the Indian parliament, finance minister Arun Jaitley expressed a hostile stance toward the use of cryptocurrency as legal tender. Jaitley stated that the government does not consider crypto legal tender, and would take action to end its use as a method of payment. Jaitley’s comments come as Bitcoin and other…

February 2, 20180Comments

ByTrevor Smith