FTX says Backpack acquisition of EU arm has not been approved by court

The new tool helps users access tax details aligning with their crypto activity to help report information during the upcoming tax season. 828 Total views 25 Total shares Own this piece of history Collect this article as an NFTFor many countries, the tax season is right around the corner, which means companies in the crypto…

The Central Bank of The Bahamas is planning to launch a national cryptocurrency across its entire archipelago next month. The Bahamas is gunning to become the first country in the world to roll-out a state-backed virtual currency nationwide, and has announced it will launch a central bank-issued cryptocurrency during October.The assistant manager of eSolutions at…

Taiwan’s legislature has passed amendments to existing anti-money laundering (AML) and counter terrorism financing (CFT) laws to place new requirements on crypto exchanges. The development was reported by FocusTaiwan, the English language news website of Taiwan's national news agency, on Nov. 2.Under the new changes to Taiwan’s Money Laundering Control Act and Terrorism Financing Prevention…

The fan token of top-tier soccer team Paris Saint-Germain (PSG) is now available for sale on the blockchain platform Socios, the team announced in a tweet on Jan. 28. As one of the first uses of the $PSG Fan Token, holders will vote on an inspirational message to be printed on the armband of the captain…

The fad is dying. A recent CB Insights report that was cited Bloomberg announced a 60% decline in blockchain startup investments this year, down to $1.6 billion. But at the same time, large enterprises such as Microsoft, Walmart, IBM and Samsung have either deployed their own blockchains or joined partnerships to use the technology. Ironically,…

Bitcoin (BTC) and cryptocurrencies are used as a speculative investment tool and not money, a report by United States think tank the Congressional Research Service (CRS) claimed on May 10.As part of an investigation into cash usage in the U.S., the report, dubbed “The Potential Decline of Cash Usage and Related Implications,” appears to forecast…

Tim Draper, a famous American venture capitalist and serial cryptocurrency investor, believes that initial public offerings, or IPOs, are not the best source of funding for industry firms.The billionaire investor joined the Unitize conference on July 6 to talk about investing in early stage blockchain startups.Draper’s thoughts on IPOsDuring the Unitize panel, Draper highlighted that…

Bitcoin’s expanding institutional adoption may provide the “structural” inflows necessary to surpass gold’s market capitalization and push its price beyond $1 million by 2029, according to Bitwise’s head of European research, André Dragosch. “Our in-house prediction is $1 million by 2029. So that Bitcoin will match gold's market cap and total addressable market by 2029,”

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