Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo to further expand its ODL service in Southeast Asia.
90% of Bitcoin mining comes from ‘dirty energy,’ Miami mayor says
The U.S. should address the environmental problems of Bitcoin mining by providing its clean energy to set up mining hubs, Mayor Francis Suarez said.
Former OCC official says crypto has backing but dollar ‘may not’
Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.”
Cathie Wood: BTC investors shouldn’t transact until tax code changed
Selling or transacting your Bitcoin isn’t worth the tax burden, according to the CEO of Ark Invest.
Texas chases after Wyoming with crypto law proposal, but challenges remain
Will Texas follow in Wyoming’s footsteps to become the next crypto-friendly U.S. state?
CBOE keen to meet high demand for crypto from retail, institutions, says CEO
Ed Tilly, the CEO of Cboe Global Markets, says that the Chicago-based exchange holding company hasn’t “given up on” crypto, despite earlier setbacks.
Elon Musk says Tesla now accepts Bitcoin from US customers
Tesla initially hinted at accepting Bitcoin for payments in an SEC filing earlier this year.
Bitcoin’s new use case? A report card for how the US handles the dollar
An important new role for the world’s first cryptocurrency as an inflation gauge — or just another fantasy of Bitcoin maximalists?
Decentralized technology can help protect democracy around the globe
Privacy-focused decentralized and peer-to-peer technology solutions offer a better alternative to centralized platforms.
CBDCs won’t entirely replace cash if the US Fed gets its way
The U.S. does not want cash to go extinct in the presence of a CBDC, according to the Fed’s chairman.
Fireblocks crypto startup raises $133M in funding round with BNY Mellon
BNY Mellon, the oldest bank in the United States, continues to aggressively invest in the digital asset industry.
Bitcoin worth the risk for stimulus check recipients despite pressing needs: poll
The next round of stimulus check recipients will prioritize basic needs, but a sizable portion still intends to either save or invest.
Crypto exchange Kraken says it is ‘too big’ to go public through a SPAC
A spokesperson recently said “$10 billion would be a low valuation” for Kraken.
US-based crypto users likely still have to pay taxes on NFTs, says CNBC
“If you exchange crypto for any other asset, you immediately recognize a capital gain or loss,” said Robert Frank.
Arthur Hayes seeks voluntary surrender in Hawaii court with $10 million bail
Lawyers for the former CEO of crypto derivatives exchange BitMEX are proposing Hayes’ voluntary appearance on April 6, with his potential release on bail subject to a $10 million personal recognizance bond.
Judge denies XRP Army a seat at the table in SEC v. Ripple case
Lawyers representing XRP investors may still have an opportunity to refile in the future, however.
Proposed FinCEN rule is a ‘grave threat to personal privacy,’ says Coin Center
In its latest comment, the advocacy group goes after the proposed requirement to create currency transaction reports for crypto transactions.
Survey says Americans could spend up to $40B from stimulus on Bitcoin
More than 60% of respondents said they would choose to invest their $1,400 checks in Bitcoin over stocks.
Oakland A’s major league baseball team now accepts Bitcoin for suites
The Oakland A’s, the team at the center of the box office hit movie “Moneyball,” is accepting a single Bitcoin as payment to secure a six-seat suite throughout the 2021 home season.
Why Crypto Investments Are Less Vulnerable to US-China Tensions
U.S.-China tensions are taking a toll on venture funds that invest in non-crypto startups. Investment in the blockchain industry may be less affected.