Bitcoin is maturing into a legitimate financial product that is finding its way into more and more traditional portfolios.Now hedge fund legend Ray Dalio is also expressing interest in BTC. They are the really big ones.Paul Tudor Jones, Stanley Druckermiller and now even Ray Dalio is on the way.While the former have been stepping into…
Month: November 2020
China offers the world its COVID QR Code movement passport at G20 Leaders’ Meeting
Declaration puts a handbrake on global digital currencies, includes usual ‘let’s use the internet and AI to make the world a better place’ stuff Simon Sharwood, APAC Editor Mon 23 Nov 2020 // 03:01 UTC Share Copy Chinese president Xi Jinping appears to have offered the world the QR code-powered system used to determine movement…
27 October
Tax Payers Needn’t Disclose Merely Holding Crypto: IRS Draft 2020 Guidance “The U.S.tax agency has clarified who needs to answer “yes” to a question over cryptocurrency activity. The IRS now explains that tax payers would need to answer in the affirmative if they sold any cryptocurrency, exchanged cryptocurrency for goods or services, or exchanged cryptocurrency…
Crypto payments set for mainstream via compliance
11/20/2020 On the surface, it would appear that PayPal has undergone the basic requirements to support digital currencies.However, what’s really notable is that to ensure delivery of its cryptocurrency service, PayPal, a company with a market capitalization valued at over $127.58 billion as of December 2019, chose to partner with Paxos, a regulated financial institution…
Drunk Abuelas And Turkeys On Fire— These Legendary Thanksgiving Stories Will Go Down In Family History
Family drama can be the worst kind of drama and also the most fun.Still, when it comes to a little family drama there’s nothing like the kind circled around a Thanksgiving table.As we approach Turkey day, users on Reddit have been taking part in the age-old Thanksgiving past time of sharing stories. Check out these…
US Regulator Wants to Put an End to Unfair Practices Against Crypto Businesses
2020 was a tough year for crypto, but it seems like the last few months are trying to compensate hodlers for the bad times.And now, the Office of the Comptroller of the Currency is bringing more good news to the crypto space. A recent regulatory proposal issued by the OCC seeks to ensure that crypto…
Arca Chief Legal Officer Phil Liu Comments on Crypto Regulation
By JD Alois Phil Liu is Chief Legal Officer and co-founder of Arca – a regulatory compliant digital asset investment platform that is building financial products utilizing blockchain.Arca is the first firm to offer a registered fund with shares issued as a digital security.The Fund issues its shares as ArCoin and says it invests a…
A brand new asset class: How institutional buyers legitimize Bitcoin
Bitcoin is maturing right into a respectable monetary product that’s discovering its approach into increasingly more conventional portfolios.Now hedge fund legend Ray Dalio can also be expressing curiosity in BTC. They are the actually massive ones.Paul Tudor Jones, Stanley Druckermiller and now even Ray Dalio is on the best way.While the previous have been getting…
Making DeFi transactions on Ethereum more secure
Decentralized finance continues to make its impact on the crypto market, and with over $13 billion of total value of assets locked , DeFi projects are clearly resonating with eager crypto investors.Yet while the DeFi space has been progressing over the last year, a number of illegitimate projects have come to fruition, reminding some of…
Could Digitisation Improve the Japanese Yen’s Prospects Against the US Dollar?
The Japanese yen is one of the most heavily-traded currencies among investors, as it boasts the prestigious reputation of being one of the few currencies that can justify description as a ‘safe haven’.Along with the Swiss franc and, most notably, the US dollar, the Japanese yen is a currency that many traders turn to for…