Indonesia Planning To Tax Crypto Returns
Indonesia plans on introducing a new crypto law that will start taxing profits realized from crypto trades. However, the law is yet to be implemented. Indonesia is the largest economy in the Southeast Asia region. The country recently announced that plans
Fantom Partners with Tajikistan
Tajikistan’s Ministry of Industry of New Industries has signed an agreement with Fantom Foundation. The government wants to use blockchain based solutions to power its IT infrastructure. In the initial phase of the project Fantom will evaluate the Ministry’s flow
Citigroup Shifts to Crypto Amidst Growing Demand
Investment banks are now pursuing trading, finance and custody services related to cryptocurrency. It comes amidst growing retail and institutional demand for these assets. Citigroup is allegedly considering offering services related to crypto. Its target consumers are mainly asset managers and
Binance Coin Hits $100 Billion in 24 Hour Volume
Binance Coin is the third-largest cryptocurrency. It touched an all-time high market cap of $100 Billion. Binance Coin has been doing quite well in recent weeks. In this period, the token increased by 20% in value, when it reached a record
Tether Holdings Surpass Insured Deposits In Many U.S. Banks
Tether has reported more than $50 Billion in circulation. This is more than the insured deposits in most U.S. banks.Tether is a crypto stablecoin pegged to the U.S. Dollar. This is an excellent record for the token, given that it is
Visa Says Platform Embracing Crypto In ‘Very Big Way’
Ternio Blockcard Visa CEO has stated that one of the leading payment platforms is hugely shifting towards cryptocurrencies. He outlined 5 key areas that Visa can explore to achieve this. Visa, one of the leading payments giants, has embraced cryptocurrencies in
Turkish Regulators Force Crypto Exchanges To KYC
Turkey's crypto industry is facing new regulations expected to begin this month. Crypto exchanges will now have to monitor customer information more. The Turkish government is making new moves to ensure that crypto exchanges in the country step up to enforce
mStable Deploys on Polygon
mStable has gone live on Polygon by launching a savings account, stablecoin, and swap services. mStable is looking towards exploiting the layer two solution from Polygon that will reduce fees for DeFi users. mStable, a DeFi yield protocol, has launched on
Chinese Banks Prioritize Digital Yuan
Top Chinese banks are prioritizing the digital Yuan over local payment platforms such as WeChat Pay and Alipay. The banks are doing this ahead of the online shopping festival in China starting today. In an analysis report by Reuters, six of
Stock Token Trading for Apple, MicroStrategy & Microsoft on Binance
BinanceUS - Buy & Sell Crypto Binance has expanded its stock token trading by adding three stock token listings for Apple, MicroStrategy and Microsoft. The tokens can be traded during regular trading hours and can only be traded against BUSD. Binance, a