Business
Wells Fargo, HSBC to use blockchain for interbank foreign exchange settlement
The banks will settle bilateral transactions using a shared settlement system to process USD, CAD, GBP, and EUR with plans...
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
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
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
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
The tax agency posted its 1040 form last year to ask about virtual assets; however, a query led to confusion...

