Institutional and Retail Bitcoin Futures Demand Continues to Climb
2019 saw significant bitcoin derivatives action from firms like CME Group and Bakkt. This year, demand for CME’s bitcoin futures remains strong
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Retail
‘TurboTax’ for Crypto: Accounting Firm Lukka Debuts Tax Tool for Retail Investors
Lukka, one of the first accounting firms for digital assets, is offering a TurboTax-like service to retail crypto investors starting on Jan. 15. The move, announced Wednesday, comes after the U.S. Internal Revenue Service (IRS) issued updated guidance for calculating taxes on cryptocurrencies in October. The last time the IRS issued such
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Bitcoin Halving Refutes ‘Nonexistent’ Retail Interest
Bitcoin (BTC) investors and mainstream consumers are paying more attention to the cryptocurrency’s block reward halving in May 2020.According to data from Google Trends on Dec. 17, worldwide searches for “Bitcoin halving” have significantly increased in the course of 2019, over a year before the halving occurs.BTC halving can
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Top 10 US Retail Banks Unknowingly Serve Crypto Startups, CipherTrace Claims
The tool helps banks by revealing risks created by hidden connections between VASPs and bank payment systems, providing risk scores of more than 500 crypto exchanges and other VASPs, identifying unregistered MSBs and P2P schemes using bank accounts and identifying dark web risks and stolen financial products for sale that
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China’s Digital Yuan Will Favor Payments and Retail
China’s digital currency approach will be favoring international payments and domestic retail system, a former senior official said.Zhou Xiaochuan, the president of the Chinese Finance Association and former governor of the People’s Bank of China (PBoC), outlined two types of implementations of central bank digital currencies (CBDCs) speaking at
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China’s Digital Yuan Will Target Retail Payments First, Ex-Central Banker Says
“There are two goals for international digital currencies,” Zhou said. “The first one, which is also what China envisions is to develop digital payment and its use for retail system in the country, while the other goal is to cross-border payment for international financial institutions.” Source
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3iQ to Launch Closed-End Bitcoin Fund for Retail Investors in Canada
Photo: 3iQ Corp / Twitter3iQ Corp (3iQ), Canadian investment fund manager received approval from the Ontario Securities Commission (OSC) to launch a closed-end Bitcoin fund to retail investors. OSC panel has not placed any conditions on the Bitcoin fund, such as restricting the entities with whom the fund
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Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin
The BCH-centric web portal Bitcoinbch.com published an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, BCH transactions in the country
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25K Retail Stores in France to Enable Crypto Payments with EasyWallet
In a recent press release by retail software firm Global POS at the Paris Retail Week, it was announced that a new crypto payment method will enable 25,000 major retail stores in France to accept payments in Bitcoin(BTC)trade by 2020.The system will use the applications “EasyWallet” and “Easy2Play,” which will
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25,000 Major Retail Stores to Accept Bitcoin in 2020
By early 2020, support for Bitcoin payments will be launched at over 25,000 sales points for 30 French retailers, including sportswear giant Decathlon and cosmetics store Sephora.French crypto news outlet Cryptoglobe reported the development, announced during Paris Retail Week, on Sept. 24.25,000 retailers to enter Economy 3.0 via BitcoinThe new
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