Business
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...
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...
Solana failing again? Better to stick with the tried and true
As Solana continues to gain attention and grow, the issues have raised serious concerns at the network's ability to scale...
Kazakhstan completes CBDC prototype, but has yet to decide if there’s need for digital tenge
The Kazakh central bank worked with local banks and international partners on the prototype, but it will decide on the...
