Binance Charity launches global campaign to distribute medical supplies to the countries hardest hit by coronavirus. Binance Charity has launched an initiative that seeks to raise $5 million in cryptocurrencies to purchase medical supplies for the countries that have been the hardest hit by the COVID-19 pandemic. Binance will lead the #CryptoAgainstCOVID campaign with an…
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Instant messaging giant Telegram and the U.S. Securities and Exchange Commission (SEC) have just finished another round in their court fight, with the judge declaring the SEC the winner. Meanwhile, Kik continued its battle against the SEC, denying the accusations the regulator raised against it. Both cases could offer a glimpse into the future of…
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Tax primer for retailers and e-tailers who want to use crypto. During 2019 alone, thousands of merchants worldwide were accepting Bitcoin (BTC) as a payment method. Despite this, a lot of current and would-be merchants are confused about how to pay taxes on their cryptocurrency sales. This guide was created by a United States business…
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Bitcoin’s competitor, gold, found itself in a peculiar situation due to the current pandemic: it’s getting increasingly difficult for it to move. Fears of stranded bullion led to London spot gold prices dropping far below U.S. gold futures. “There’s plenty of gold […] But it’s immobilized,” Reuters quotes an unnamed banker at a major gold-trading…
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The coronavirus pandemic has disrupted China’s economy, but not its digital currency plans. And amid reports that the country is nearing a major breakthrough in its plans to launch a digital fiat, one of the project’s key figures is urging caution lest American rivals steal a march on the Middle Kingdom. In a research paper…
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Retail investors can now use Paxos Gold as a collateral for loans through the Nexo platform. Crypto-lending platform Nexo has today, March 25, opened up the option of using PAX Gold (PAXG) as collateral against its loans to retail investors. A pilot scheme in late 2019 was limited to institutional clients and purportedly saw immediate…
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Suwon, the capital of Gyeonggi Province. South Korea was one of the first nations after China to be hit with a major coronavirus outbreak. But as the health crisis slowly abates in the East Asian nation, government authorities are now looking at ways to deal with COVID-19’s economic fallout. But rather than turning to “money…
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Mt. Gox court cases see no end as creditors continue to wait for their funds, but could another event like Mt. Gox take place given the current market volatility? Mt. Gox’s creditors will meet today, March 25, as part of a compensation process that seems to go on and on. This news comes at a…
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A new cryptocurrency ecosystem claiming to be “the world’s lightest blockchain” has ostensibly grown to become one of the largest layer 1 testnets by peer count in the industry. A new cryptocurrency ecosystem claiming to be “the world’s lightest blockchain” has ostensibly grown to become one of the largest layer 1 testnets by peer count…
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A Japanese blockchain association released new guidelines on March 24 for gaming developers looking to comply with local gambling laws. One organization in Japan is finding new ways to explain regulations covering illegal activities in the blockchain gaming community. The Blockchain Contents Association (BCA) announced on March 24 that they had written new guidelines to…
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