Business

Bank of Russia bans mutual funds from investing in digital currencies
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18 December, 2021

Bank of Russia bans mutual funds from investing in digital currencies

The Russian central bank had previously suggested that mutual funds should stay away from digital currencies, but has now made...
The CoinGeek Pulse Episode 70: Streaming channels on Bitcoin, BTC Core developers leave, BitcoinSV.com relaunches
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17 December, 2021

The CoinGeek Pulse Episode 70: Streaming channels on Bitcoin, BTC Core developers leave, BitcoinSV.com relaunches

sCrypt, an on-chain smart contracting solutions company, published a Medium article this week on how to facilitate streaming services using...
Cyprus gov’t to regulate the ‘risky’ digital currency space
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17 December, 2021

Cyprus gov’t to regulate the ‘risky’ digital currency space

The Finance Ministry in Cyprus noted there are several risks with digital currency trading, but commended local law enforcement authorities...
Bank of England warns digital currency growth could pose financial stability risks
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17 December, 2021

Bank of England warns digital currency growth could pose financial stability risks

In a recent report, the bank said that digital currencies make up a small percentage of assets in the U.K.,...
IRS updates digital currency question in 1040 tax form
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16 December, 2021

IRS updates digital currency question in 1040 tax form

The tax agency posted its 1040 form last year to ask about virtual assets; however, a query led to confusion...
AscendEx exchange loses $77M in hack, promises full compensation
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16 December, 2021

AscendEx exchange loses $77M in hack, promises full compensation

Formerly known as BitMax, AscendEx lost several coins, including Ether and Polygon, with Bitfinex and Binance being the biggest destinations...
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