“As a leading technology company, we are actively evaluating the various innovations and opportunities around this market as it evolves, aiming to be a core participant in this disruption. Digital assets and blockchain technology represent a unique, global and collective phenomenon that breaks barriers and creates a level, open playing field for all users to achieve economic … [Read more...] about E-Commerce Giant Mercado Libre Invests in Crypto Firms Paxos, 2TM
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Crypto Firms Can’t Outrun the Travel Rule
None of that has turned out to be true. In contrast, the onset of regulation is strengthening trust to the industry and is promising to be a great boon to the industry. Since Bitcoin emerged 12 years, entrepreneurs have created thousands of types of virtual assets, including stablecoins. Bitcoin and ether both hit new all-time highs in 2021 amid a wider rally in crypto markets, … [Read more...] about Crypto Firms Can’t Outrun the Travel Rule
Fireblocks ‘Whitelists’ 30 Trading Firms for Aave’s Institutional DeFi Debut
In a zero-interest environment in traditional markets, banks may have a new friend in decentralized finance (DeFi) – or a version of which they can at least compliantly participate in.This is what institution-friendly DeFi initiative Aave Arc is offering, having now officially launched with the help of cryptocurrency custody firm Fireblocks, plus a “whitelist” of 30 licensed … [Read more...] about Fireblocks ‘Whitelists’ 30 Trading Firms for Aave’s Institutional DeFi Debut
Japan’s Taxes on Crypto Firms Are Leading Some to Leave the Country
“Japanese tax regulation is crazy and wrong,” Genki Oda, president of crypto exchange BITPoint, told CoinDesk. If the authorities were to make the tax law on crypto equivalent to that of stocks, he estimated that JPY 10 trillion to JPY 20 trillion ($88 billion to $175 billion) would return to Japan’s crypto markets. Source link … [Read more...] about Japan’s Taxes on Crypto Firms Are Leading Some to Leave the Country
Crypto Firms Get a Slap From UK Advertising Regulator Over Misleading Ads
Other companies censured include pizza chain Papa John’s, which in May offered to give away £10 ($13) in bitcoin with orders over a certain amount. In response, the company said it has a long-running association with cryptocurrency, dating back to May 2010 when it was believed that bitcoin had been first used to buy two Papa John’s pizzas. Source link … [Read more...] about Crypto Firms Get a Slap From UK Advertising Regulator Over Misleading Ads