In these days of hyper-partisan politics, any bill with sponsors from both sides of the aisle deserves attention. Now there is one that is particularly important in the cryptographic space. The eighth. In March 2021, Representative Warren Davidson introduced the Taxonomy Act of 2021 as a token. He was sponsored by Ted Budd, Darren Soto, Scott Perry and Josh Gotheimer. Token Taxonomy Legal Terms 2021 Among other things, the bill would exempt digital tokens from the definition of a security and eliminate inconsistent government regulations. Cryptoassets must meet certain requirements to qualify as digital tokens under the law: First, the…
Author: Gordon James
Gordon James
Gordon James is a crypto journalist who loves to write about the latest news and trends in the blockchain world. He has been following the cryptocurrency space since early 2017, and is fascinated by the potential that blockchain technology has to change the world. In his free time, Gordon enjoys hiking and spending time with his dog, Tucker.
Payment giant Paypal has launched Checkout With Crypto, a service that allows consumers to make payments to millions of cryptocurrency merchants in their Paypal wallets. This is the first time you can use cryptocurrencies in the same way as a credit or debit card in your Paypal wallet, the Paypal CEO said. Crypto payments via PayPal now available on Merchant Millions Paypal Holdings Inc. announced Tuesday the launch of a new service called Checkout with Crypto. Advertising details: Available in millions of online stores around the world and expanding further in the coming months, Paypal customers with crypto-currencies in the…
Retailers are rushing to buy bitcoins from major tech companies, according to a study by strategists at major US investment bank JPMorgan Chase. Data from JPMorgan shows that retail investors bought more than 187,000 bitcoins through PayPal and Square this quarter. Small investors are even outsiders: Analysts at JPMorgan estimate that 173,000 BTC were purchased in the same period. To support its findings, JP Morgan analyzed fund flows from retail platforms and institutional vehicles such as the Chicago Mercantile Exchange, as well as announcements of BTC purchases by large funds. Ed Moya, senior market analyst at Oanda Corp, attributed retail…
Romanian authorities conducted an operation that led to the arrest of a person for his alleged involvement in a theft of cryptocurrencies. The investigation revealed that the anonymous trading platform was based in the Cayman Islands. More than $620,000 stolen in cyber attack According to prosecutors at the Romanian Directorate for the Investigation of Organised Crime and Terrorism, the following events took place in Romania between 28 and 31 December In January 2021, a massive cyber-attack took place during a cryptographic exchange. Although there are no significant details about the company, authorities have ranked it as the 7th largest cryptocurrency…
New details have surfaced suggesting that the Indian government will continue to ban cryptocurrencies, contrary to what the crypto community believes. In her latest interview on cryptocurrency legislation, India’s finance minister said there will be a window for experimentation with cryptocurrencies, blockchain and fintech. India announces ban on cryptocurrencies An Indian crypto group is keeping a close eye on whether the government will ban cryptocurrencies, including bitcoin. A cabinet paper on crypto currency legislation is in the works and will be submitted to the cabinet soon. The latest news on India’s ban on cryptocurrencies comes from Reuters, which reported on…
Nearly a decade after failed experiments with fiscal and monetary policy, and with confidence in institutions plummeting to an all-time low, the reasons to hold bitcoin have never been stronger. However, many people behave neutrally and do not answer the question. They rely on the current state of affairs rather than questioning the narrative that leaves us all with little interest in the future today. inflation has historically been the cause of the collapse of economic empires, so bitcoin offers a way out Many consider the recent financial crisis of 2008-2009 to be the tipping point at which moral hazard…
One of China’s largest internet app makers, Meitu Inc. has bought more bitcoins for its cash registers. The company currently has about $90 million in cryptocurrencies. Meitu is listed on the Hong Kong stock exchange and its flagship app has over a billion users worldwide. Chinese listed company increases number of bitcoin holders in treasury Meitu Inc. announced Wednesday that its wholly owned subsidiary Miracle Vision has acquired more bitcoins and ether in open market transactions. This is the company’s second acquisition announcement. Meitu is listed on the Hong Kong Stock Exchange under the stock code 1357.HK. The company acquired…
Investor Ivan Malpica has placed an interest in the NFT Mintable property at 5828 Wise Avenue in St. John’s. The company traded in St. Louis last night for 42.43 ETH, which is worth nearly $76,000 at the time of writing. The ad promises NMT a share (50%) in this fully renovated home and mentions that the home was valued at $138,000 last year and currently generates a monthly rental income of $1200. The list is complete: Let’s make history with the first ever NFT for REAL ESTATE!Half of this home at 5828 Wise Avenue in St. Louis, MO. Louis is…