IRS Modifies Crypto Question on Tax Form — Now Focusing on Taxable Cryptocurrency Transactions

The U.S. Internal Revenue Service (IRS) has modified the crypto question asked on the main U.S. tax form. Reducing the scope of the question, the IRS ...
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Amazon’s Payment Team Hiring Digital Currency Expert to Develop Cryptocurrency Strategy and Products

Amazon’s Payments Acceptance & Experience team is hiring a digital currency and blockchain expert to develop the company’s digital currency and blockc...
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After Barclays and Santander, UK Bank Natwest Blocks Payments to Binance

A major high street bank in the U.K., Natwest, has blocked payments to crypto exchange Binance. Natwest’s decision came after two other major British ...
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New York Town Bemoans Roadside ‘Littered’ With Bitcoin Miners — Officials Plan to Impose 90-Day Moratorium

A St. Lawrence county town located in New York near the Canadian border, Massena, is another region in the state that is having issues with bitcoin mi...
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Abkhazia Holds Talks With Russia to Ensure Electricity Supply for Crypto Miners

The government of Abkhazia is negotiating with Russia to solve a problem that led to a ban on cryptocurrency mining. The partially recognized republic...
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Central Bank of Colombia Announces First Blockchain Bond Pilot Program

The Central Bank of Colombia has announced its involvement in the first blockchain bond pilot program in the country, with the participation of the In...
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64% of Adults from 10 Different Countries Would Use a Central Bank Digital Currency: Report

As central bank digital currencies (CBDCs) advance in testing, a number of countries have taken the lead in an effort to create a CBDC. The enterprise...
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Chinese Miners Pivot to Alternative Currencies to Keep Operating

The Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more e...
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Report: Nigeria to Start Piloting Digital Currency in October

The Central Bank of Nigeria (CBN) has reportedly set October 1 as the commencement date for the trial phase of its digital currency project. Dubbed pr...
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French Central Bank Conducts Fifth Experiment on Tunisia CBDC

The French central bank, Banque de France (BOF), recently carried out its fifth experiment on the Central Bank of Tunisia (CBT)’s central bank digital...
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India’s Finance Minister Says Crypto Bill Ready for Cabinet

India’s finance minister has provided a status update on the country’s cryptocurrency bill that the government has been working on. “We have done a lo...
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Nigerian Twitter Suspension Has Unintended Effects on Country’s Crypto Community

On the surface, it looks like Nigeria’s suspension of Twitter operations on June 4 may have been triggered by the microblogging company’s decision to ...
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Japanese Ruling Party Official Says Digital Yen Clarity Will Be Revealed in 2022

While the U.S. ramps up discussions of a digital dollar and China’s central bank digital currency (CBDC) draws near, Japan’s CBDC, otherwise known as ...
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Axie Infinity Economy Booms as NFT Sales Rise

Axie Infinity, an Ethereum based game, is now one of the biggest successes of the play-to-earn model. Featuring NFT’s like the game characters, the ga...
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Barclays Blocks Customers From Sending Funds to Binance

Barclays has reported it no longer supports wiring funds to Binance, one of the largest cryptocurrency exchanges in terms of daily volume. The bank an...
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Coinbase Actively Building Crypto Hub in India, Looking to Hire ‘Hundreds’ of People

The Nasdaq-listed cryptocurrency exchange Coinbase is actively building a cryptocurrency hub in India. The company says it has “ambitious plans” for t...
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UBS Advises ‘Stay Clear’ of Cryptocurrencies — Warns ‘Regulators Will Crack Down on Crypto’

Switzerland’s largest bank, UBS, has advised investors to “stay clear” of cryptocurrencies and “build their portfolio around less risky assets.” The U...
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Equity Strategists, Portfolio Managers Share Bitcoin Price Predictions: Survey

Equity strategists and portfolio managers were asked about what the price of bitcoin will be by the year-end. Almost half of the surveyed participants...
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Twitter Permanently Suspends Splinterlands Account for Unspecified Violations

After tweeting through its account since 2018, Splinterlands, a blockchain-based NFT trading card game, has been banned from the service permanently a...
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248% Weekly Gains — Baby Doge Coin Continues to Rally While Most Crypto Asset Markets Slump

Four days ago, the crypto community and mainstream audiences caught a whiff of a new meme-based crypto asset called baby doge. The coin got a lot more...
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