Worldpay from FIS – a top global fintech provider – recently released a joint report with Crypto.com covering attitudes around cryptocurrency as a medium of exchange. It found huge interest …
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Russia is set to recognize cryptocurrency as a form of currency
Authorities in Russia are set to recognize digital assets as a form of currency, according to local news reports. Russian newspaper Kommersant reported this morning, and later tweeted, that the government and …
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Thailand has just axed the 15% tax on cryptocurrency
Thailand’s revenue department has decided to drop the 15% tax levied on cryptocurrency. This is a piece of positive news for the cryptocurrency industry that’s progressing by the minute. The decision …
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IRS is not going to tax unsold staked cryptocurrency as income
For individuals hoping to earn new tokens by providing security to large blockchains that use proof-of-stake, there may be good news ahead. IRS will not tax your unstaked crypto. A …
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Customers spent $2.5 Billion with Visa crypto debit cards in the last 3 months
Payments giant Visa has revealed in its recent earnings call that customers made $2.5 billion in payments using its cryptocurrency-linked cards in its fiscal first quarter of the year. The …
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Visa survey: 25% of small businesses to start accepting crypto in 2022
Global credit giant Visa says that nearly a quarter of small and micro businesses (SMBs) plan to start accepting crypto assets as payments in 2022. In a new study that …
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Kim Kardashian sued for alleged cryptocurrency pump-and-dump
An investor is suing Kim Kardashian; boxer Floyd Mayweather, Jr.; Hall of Fame basketball player Paul Pierce, and the cofounders of Ethereum Max for allegedly colluding to promote the cryptocurrency …
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What lies in store for decentralized finance (DeFi) in the year to come?
Catalyzed by its growth in market cap and trading volume, decentralized finance (DeFi) has made a seat at the global traditional finance (TradFi) industry table. While DeFi was once thought of as …
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Hillary Clinton has called for increased regulation of cryptocurrency markets
Former secretary of state Hillary Clinton has called for increased regulation of crypto markets in an interview with MSNBC. Clinton cited the combination of social media algorithms and the amassing …
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Swiss Private Bank says its wealthy clients are interested in cryptocurrency
In a recent interview, Zeno Staub, the CEO of Swiss private banking and investment management group Vontobel Holding AG, talked about their clients’ interest in crypto. The Vontobel CEO’s comments were made …
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