EGifter becomes the first merchant to accept XRP through BitPay, creating new and practical uses for the digital asset. BitPay, a leading provider of Bitcoin and cryptocurrency payment services, announced on Jan. 21 the launch of XRP payments and cross-border transfers. BitPay has also added support for XRP — the cryptocurrency used by Ripple’s payment…
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After three months since the initial announcement, the challenge to get one million developer to build on Ethereum (ETH) is now officially on. Last October, as reported, at the Devcon 5 conference held by the Ethereum Foundation, Joseph Lubin, co-founder of Ethereum and founder of blockchain company ConsenSys, announced the mission to get 1 million…
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What you need to know about the “scalable Harberger tax contract.” It’s the first successful live deployment on the Ethereum mainnet of something called a “scalable Harberger tax contract,” and it might just help save at-risk animals. Cointelegraph attended the CV Labs pitch session in Davos, Switzerland today, an event running alongside the 50th edition…
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Britain’s highest tax authority, Her Majesty’s Revenue & Customs (HMRC), has issued a request for blockchain analysis tools. The main goal, per the request, is to find and implement technology that allows the government to track and tax cryptocurrency users. The problem facing the British government, as well as all governments, is that cryptocurrency transactions…
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Source: iStock/orinoco-art Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news A central bank group will assess potential cases for central bank digital currencies (CBDC). The Bank of Canada, the Bank of England, the Bank of Japan, the…
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Looking into the new decade, it seems that token sales might decline in importance for crypto projects and that in their place traditional investment and venture capital will become more significant. “We have already seen a shift in the space from initial coin offerings (ICOs) and token sales to equity,” Carlos Domingo, the co-founder and…
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The world of mainstream finance may fall behind without technological innovation, according to multiple experts’ comments at the Davos WEF. If mainstream finance does not adopt new technologies, such as those seen in blockchain and crypto, they will fall behind, according to a few experts’ comments at the World Economic Forum (WEF) in Davos Switzerland. …
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The Australian Prudential Regulation Authority has proposed a regulatory framework that would have it oversee digital wallets, including Calibra. The Australian Prudential Regulation Authority (APRA) is seeking to oversee stablecoin projects like Facebook’s controversial stablecoin Libra. In an official proposal to the Senate published on Jan. 20, APRA submitted a possible regulatory framework dedicated to…
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A report from South Korea claims that bankers in the country are concerned about the rise of an unexpected crypto threat – American coffee shop chain Starbucks. Per the Korea Times, banking professionals have theories about the company’s digitization plans, and worry that they will fall behind when the coffee company flexes its crypto muscles.…
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A crypto advocacy group, the Chamber of Digital Commerce, provided its arguments on how a U.S. court should consider digital assets. The Chamber of Digital Commerce has filed an amicus brief in the ongoing court case between encrypted messenger service Telegram and the United States Securities Exchange Commission (SEC). Filed on Jan. 21, the document…
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