Cryptocurrency Analysis and News Portal
“Digital assets are any digital representations of value that are recorded on a cryptographically secured distributed ledger or any similar technology,” according to the draft instructions. “For example, digital assets include non-fungible tokens (NFTs) and virtual currencies, such as cryptocurrencies and stablecoins.” Original Source
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United States Senators Marsha Blackburn and Cynthia Lummis have introduced proposed changes to a 2015 bill that would allow “voluntary information sharing of cyber threat indicators among cryptocurrency companies.”According to a draft bill on amending the Cybersecurity Information Sharing Act of 2015, Blackburn and Lummis suggested U.S. lawmakers allow companies
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SEBA Bank is a renowned digital currency company that acts as a bridge between conventional currencies and digital currencies, like Ethereum. It’s
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China’s Blockchain-based Service Network (BSN), a major state-backed digital infrastructure company, on Tuesday launched BSN Spartan Network, which it said was a new international network for public blockchains with no cryptocurrency involved.BSN, regarded by some as leading the digital equivalent of Beijing’s multibillion-dollar Belt and Road infrastructure plan, was founded
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Action Point, an Argentine startup, has developed a white-label solution that allows banks to offer cryptocurrency services through their already existent ATM infrastructures. The company provides this service in partnership with Lirium AG, a crypto-as-a-service organization, and has already implemented the solution in over a dozen ATMs in the country. Argentine
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FASB did not name specific crypto assets that would be excluded from the rule. But it said the digital assets addressed by the rule would include those that are intangible, don’t carry contractual rights to cash flows or ownership of goods and services, and those that are fungible, according to
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U.S. Sen. Dick Durbin (D-Ill.) has joined the Labor Department and fellow senators Elizabeth Warren (D-Mass.) and Tina Smith (D-Minn.) in flagging concerns over Fidelity Investment's plan to offer bitcoin (BTC) as an investment option for its 401(k) managed accounts. Original Source
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A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment in the country. The bill, presented by Federal Deputy Paulo Martins, proposes to amend already existing regulations to include several dispositions that would allow cryptocurrency payments and investments to be
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The company yesterday said it was letting go 1,100 employees, or 18% of its global workforce. Original Source
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The financial stability watchdog is the latest to worry digital assets are being used to evade sanctions on Russia. Source
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