Okcoin Halts U.S. Dollar Deposits After Signature Bank Shutdown
Okcoin, the U.S. affiliate of cryptocurrency exchange OKX, announced on March 13 that it had no exposure to defunct U.S. tech bank Silicon Valley Bank (SVB). However, Okcoin CEO Hong…
Cash App Integrates TaxBit for Streamlined Crypto Tax Reporting
Cash App, a mobile payments processor, has integrated tax and accounting software provider TaxBit into its platform to streamline the tax reporting process for Bitcoin users. The integration, which was…
Binance Has Enabled Iranians Transact $8 Billion Despite Sanctions
Since 2018, crypto exchange Binance has carried out Iranian transactions worth $8 billion despite being slapped with U.S. sanctions, according to Reuters. Reportedly, approximately $7.8 billion has flowed between Nobitex,…
CoinsPaid Total Transaction YTD Tops €16B despite Crypto Winter
Cryptocurrency processing platform CoinsPaid has shared an update on its third-quarter (Q3) performance, revealing it saw a 2x growth in its transaction volume compared to last year's period. According to…
Unstoppable Domains Partners with Fantom to Make Crypto Transactions Easier
To eliminate the pain points associated with cryptos like misunderstanding, trepidation, and fear, Unstoppable Domains has collaborated with Fantom to make transactions simpler and easier. Fantom, a layer-1 blockchain platform,…
Indian Banks Seeking Clarity from NPCI on the Use of UPI for Crypto Transactions
Banks in India have reached out to the National Payments Corporation of India (NPCI) – a government agency under India’s Central Bank Reserve Bank of India in charge of operating…
bitcoin
BITCOIN LIGHTNING NETWORK
Crypto Adoption
crypto transactions
Industry
morgan stanley
Research
Bitcoin Lightning Network Would be Practical for Small Payments than Debit Cards, Morgan Stanley Says
The Bitcoin Lightning Network attracts fees close to zero. It becomes more practical to use it when undertaking small payments than a debit card, according to leading investment bank Morgan…
$180K Sting
American Families Plan
banks
Biden Administration
crypto transactions
Financial Institutions
Guinevere Moore
inflow
Internal Revenue Service
IRS
IRS agency
IRS agent
LocalCrypto
Mr. Coins
Mr. Coins Sting
NEWS
outflow
P2P Exchange
sting
Sting Operation
Taxes
Thomas Brewster
Undercover
IRS Agent Poses As Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow And Inflow’ Data From Banks
Over the last few weeks, Americans have read about the U.S. Internal Revenue Service (IRS) upping its tax enforcement to catch cryptocurrency users who have not paid taxes. According to…
Central Bank of Nigeria
crypto transactions
Interview
Johnny Lyu
Kucoin CEO
Kucoin crypto exchange
Kucoin hack
NEWS
Safeguard Program
Kucoin Boss On Strategy After Hack: ‘We Chose To Act’
Kucoin, one of the leading crypto exchanges, suffered a hacking incident in 2020 where over $250 million was stolen. However, immediately after the hacking was reported, Kucoin began cooperating with…
Agency
Bank
CRYPTO
crypto transactions
crypto users
CRYPTO WALLETS
CRYPTOCURRENCY
Identification
Monitoring
NEWS
Platform
procurement
RCO
Rosfinmonitoring
Russia
russian
russians
Sberbank
subsidiary
Tracking
users
Wallets
watchdog
Russia To Track Crypto Transactions With Help From Sberbank-Owned Company
The Federal Financial Monitoring Service of Russia is going to start tracking cryptocurrency transactions. The agency has already selected a contractor to develop the platform. The entity is affiliated with…