Stellar Makes Investment in MoneyGram
The Stellar Development Foundation (SDF), a non-profit organization, has made a strategic investment in money transfer service MoneyGram.
Robert Kiyosaki Predicts Bitcoin Will Hit $1M
Robert Kiyosaki has predicted that the result of the global financial crisis will be the rise of Bitcoin to an estimated $1 million.
FDIC: Cryptocurrencies Pose Risks to Banking System
The FDIC has noted in its annual review the potential for new and complex risks to the US banking system from crypto-related activities, citing fraud, legal ambiguities, misleading statements, and vulnerabilities in risk management.
Bitcoin’s Volatility Reaches Lowest Level in History
Bitcoin’s 30-day price volatility, measured on an annualized basis, has reached a record low of 15.5%.
Kraken Ventures Wants to Raise $100M
Kraken Ventures, the venture capital arm of crypto exchange operator Kraken, is in the process of raising its second fund in a challenging environment.
India’s Supreme Court Criticizes Lack of Crypto Regulation
India’s Supreme Court on July 27 criticized the government for delaying the development of a regulatory framework for digital assets in the country.
Brazil Wants to Introduce Higher Taxes on Crypto
Legislators in Brazil are progressing with a legislative initiative aimed at heightening taxes on cryptocurrencies held abroad. Reports from the region indicate that a congressional committee has given the green light to amendments within a bill that designates cryptocurrencies as “financial assets” for tax purposes concerning foreign investments. Furthermore, the proposed bill places taxation on gains linked to fluctuations in […]
