The United States Department of Treasury is again sharpening its sword upon crypto. In January 2021, the Department of Treasury’s Financial Crimes Enforcement Network issued Notice 2020-2. The Notice states that FinCEN intends to amend its regulations concerning the reporting of foreign financial accounts to include digital currency as a type of reportable account. In simple … [Read more...] about The crypto FBAR: Implications beyond
Crypto
Raptoreum (RTM) Crypto Progect and Its GhostRider CPU Algorithm
17 Apr 2021 The Raptoreum (RTM) crypto project has been in development for quite some time now and just recently has officially launched its mainnet. The goal of Raptoreum is to provides a fast and secure cryptocurrency that anybody can easily use, but even more than that it is building a simple to use asset platform that will allow anybody to tokenize anything (non … [Read more...] about Raptoreum (RTM) Crypto Progect and Its GhostRider CPU Algorithm
Mergers and acquisitions are rising, leaving crypto assessments in question
Fintech, cryptocurrency and mergers and acquisitions are poised to intersect significantly in the coming year. M&A activity is expected to rebound quickly — more than 60% of decision-makers at large companies who were surveyed by FTI Consulting for a February report agree that their company has recently been a target of aggressive M&A, and 39% say their companies are … [Read more...] about Mergers and acquisitions are rising, leaving crypto assessments in question
Dogecoin pumps 200% to become 5th largest crypto, and no one knows why
Joke currency Dogecoin (DOGE) is probably a joke no longer, if today’s price run and market cap is anything to consider.The meme coin doubled its value in a single day in a price surge that left nearly everyone surprised. It trades over $0.35 at press time, reached a high of $0.45 earlier today, and breached into becoming the fifth-largest cryptocurrency with a hefty market cap … [Read more...] about Dogecoin pumps 200% to become 5th largest crypto, and no one knows why
Crypto exchange Binance burns nearly $600 million worth of BNB
Crypto exchange Binance ‘burned’ over $594 million worth of its own BNB token today, in a move that marked the largest ever burn that the exchange did.But it wasn’t a case of Binance trying to pump its own coin (by decreasing supply) or setting money on fire. The ‘burn’ mechanism is an integral part of how BNB works, one that has contributed to the coin becoming the … [Read more...] about Crypto exchange Binance burns nearly $600 million worth of BNB