Tag: currency

Tag: currency

Sweden Takes First Bite of the CBDC Apple
Sweden has beaten all other major economies to the Central Bank Digital Currency (CBDC) punch, with testing of the e-krona underway.Riksbank Begins CBDC PilotSweden’s central bank, Riksbank, is the ...

Coinbase and Visa Team Up to Expand Crypto Cards
Coinbase has announced that it is now a Visa principal member, the first crypto company to gain membership. The exchange can now offer more services to current Coinbase Card customers, as well as exte...

IRS Cryptocurrency Tax Summit Amidst Tightening Enforcement
The IRS is hosting a summit to discuss the tax implications of crypto early this March. Meaningful clarification on Bitcoin’s treatment, however, is not expected as the agency continues to leave tax...

Do High Bitcoin Fees Drive Prices Higher?
Although mass adoption has long been regarded as an important component of Bitcoin demand, its relatively high fees and more periodic usage may actually drive prices up, according to economic theory.2...

IOTA Halts Network as It Investigates Trinity Wallet Attack
IOTA has shut down its network in order to deal with an ongoing attack against its Trinity wallet, according to an announcement published on Thursday, Feb. 13.Currently, #IOTA is working with law enfo...

Binance Burns Traders after FC Barcelona’s Crypto Endorsement
There have been significant glitches on several Binance order books, with the lag causing many users to lose money on trades. Some of the biggest losses were seen on the CHZ/BTC pair, as traders flock...

One Million ePayments Accounts Frozen on FCA Orders, AML Concerns
Around one million payment accounts were frozen when the UK’s financial watchdog ordered ePayments Systems to halt its operations due to AML concerns. The payment processor was popular among traders...

Rise of Libra and Digital Yuan Spur Action from Global Powers
Facebook’s Libra may have nudged central banks to open their eyes to the world of digital currencies, but China’s brisk progress on its digital yuan has compelled global powers to take CBDCs much ...

BitPay and the Art of Underwhelming Upgrades
Although BitPay now allows users to pay merchants from any crypto wallet or exchange, the P2P payments company’s move was met with a tepid response from crypto users.BitPay Improvement Protocol: Slo...

Don’t Call China’s Digital Currency a Crypto Project
China’s central bank digital currency (CBDC) has been shrouded in mystery. Some have labeled the development as a tracking tool for an authoritarian government. Others have been more generous. Both ...

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