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Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde

Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde

Christine Lagarde, the president of the European Central Bank (ECB), has highlighted that stablecoins could pose a serious threat to monetary sovereignty and financial stability.

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

SINGAPORE - On 18th May 2020, Matrixport will introduce the Fixed Income Investment Product and the Flexi-Term Investment product, where asset security is protected by a risk control mechanism by real crypto assets guaranteed by excess pledge.

South Korean Tax Specialists Advocate for Lowered Crypto Taxation

South Korean Tax Specialists Advocate for Lowered Crypto Taxation

Members of the Korean Tax Policy Association are calling on the government to consider applying a low-level tax on crypto transactions. The South Korean administration is contemplating taxing cryptocurrencies as part of its tax reform plan for 2021, but specialists feel it requires in-depth conceptualization.

IRS Updates 1040 Income Tax Form, Lays Traps for Crypto Tax Cheats

IRS Updates 1040 Income Tax Form, Lays Traps for Crypto Tax Cheats

The IRS plans to update the 1040 income tax form for 2020 to make it more difficult for taxpayers to avoid declaring their crypto assets.

Pablo Escobar’s Drug Runner Yasutaka Nakamoto "Could be" Satoshi Nakamoto

Pablo Escobar’s Drug Runner Yasutaka Nakamoto "Could be" Satoshi Nakamoto

Who is Yasutaka Nakamoto? Who is Satoshi Nakamoto? Are they the same person – Olof Gustaffson believes that Yasutaka had the technical knowledge of creating Bitcoin, as he has had extensive experience with microprocessors and semiconductors. Roberto Escobar, brother of the drug kingpin Pablo Escobar has launched a fork of the Bitcoin blockchain, known as “Dietbitcoin,” in 2019, which later on relocated to Ethereum’s ERC-20 standard. Roberto Escobar claimed that he has encountered a US government agent posing as Satoshi Nakamoto, which he reached the conclusion that the US government created Bitcoin. He further believes that the US government will one day crash the market completely by selling all of Nakamoto’s Bitcoins.

SEC New Accredited Investor Definition Could Increase Access to Certain Crypto-Related Products

SEC New Accredited Investor Definition Could Increase Access to Certain Crypto-Related Products

The United States Securities and Exchange Commission (SEC) is looking to allow more individuals and entities to participate in private capital markets.

Will Bitcoin’s Price Touch $100,000 by End of 2021?

Will Bitcoin’s Price Touch $100,000 by End of 2021?

Will Bitcoin’s rising popularity, global uncertainties and a weak U.S. dollar drive the cryptocurrencies price to $100,000 in 2021?

Bitcoin is a Good Long-Term and "Plan B" Investment for Black Investors, says KRBE Digital Assets Group Co-Founder

Bitcoin is a Good Long-Term and "Plan B" Investment for Black Investors, says KRBE Digital Assets Group Co-Founder

Isaiah Jackson, the author of “Bitcoin & Black America”, described cryptocurrency as a way to address income inequality in society.

Gold’s Rally Isn’t Over—Here’s What It Means for Bitcoin

Gold’s Rally Isn’t Over—Here’s What It Means for Bitcoin

Gold faced its biggest daily drop in seven years last week, just shortly reaching its all-time high. What does this mean for Bitcoin?

Bitcoin Price Bull Run Expected to Continue says Bloomberg Intelligence

Bitcoin Price Bull Run Expected to Continue says Bloomberg Intelligence

Bloomberg Intelligence reports that only an "unexpected occurrence" can stop the Bitcoin price bulls from running.

Fidelity Digital Assets Custody Ready for Bitcoin Derivatives Yield Fund

Fidelity Digital Assets Custody Ready for Bitcoin Derivatives Yield Fund

Wave Financial, based in Los Angeles, launched the Wave BTC Income & Growth Digital Fund, racing to become the first crypto derivatives-based yield fund in the market.

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds

The South Korean administration might consider categorizing proceeds from cryptocurrency transactions as other income that is subjected to 20% tax, such as prize-winning or lottery.

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