There’s no stopping governmental bodies from going after digital currency traders and their earnings. In Australia, the Australian Tax Office (ATO) has issued a warning that digital currency profits are not tax-free. According to the ATO’s data analysis, more than 600,000 Aussies have invested in digital currency in recent years. The ATO is expecting that almost 300,000 taxpayers to report […]

GCash, a major digital wallet in the Philippines, is reportedly considering introducing crypto trading services. GCash CEO and president Martha Sazon announced that the firm is looking at offering users the ability to buy, sell and store cryptocurrencies like Bitcoin (BTC) on its platform. In a Monday interview with The Philippine Star, Sazon said that GCash is exploring cryptocurrency trading […]

Planetwatch, a French start-up that decentralizes and incentivizes environmental monitoring, announced that its utility token, PLANETS, will be listed on Bitfinex today. PLANETS are the first Algorand Standard Asset (barring stablecoins) to be supported on a major international exchange. Claudio Parrinello, PlanetWatch’s CEO said: “This is a major milestone for PlanetWatch. Less than 18 months after company creation, and despite […]

Blockchain.com, a leading cryptocurrency services provider, yesterday announced that the company is planning to move its US headquarters from New York City to Miami. According to an official announcement by the company, Miami is a prime location for innovative crypto companies. The company also highlighted the efforts of Miami Mayor Francis Suarez in the regional expansion of the cryptocurrency market. […]

Playboy, the lifestyle and entertainment brand famous for its distinctive logo — among other things, has launched its first collection of five animated NFTs, on a new NFT market placed dubbed “Raretoshi” which is backed by Blockstream’s Liquid sidechain. The NFTs were unveiled during the lead up to the 2021 Bitcoin Miami conference on June 3: All of the NFTs […]

Multiple Australian regulators have requested the market participants to make a transition away from their legacy contracts with the London Interbank Offered Rate (LIBOR). They also want the financial institutions to cease the use of the controversial benchmark in new contracts by the end of 2021. The guidelines came from three Aussie watchdogs: the Australian Securities and Exchange Commission (ASIC), […]

Ethereum (ETH), the second-largest cryptocurrency in the world and one of the largest smart contracts networks in the industry could recover to $3,200 in the near future. During a conversation with UseTheBitcoin, Yuriy Mazur, the Head of Data Analysis Department at CEX.IO, explained that Ethereum could move towards this level in the mid-term.  Ethereum Shows Signs of Recovery Ethereum could […]