Cryptocurrency (137)

New CSBS Regs Aim to Make Moving Money Easier for Payments, Cryptocurrency Firms

As a result of new, streamlined regulatory policies, 78 of the top payment and cryptocurrency firms in the U.S. will be allowed to take a single exam to satisfy “all state regulatory requirements” with respect to money transmitting operations, according to the Conference of State Bank Supervisors (CSBS).


IRS Issues Guidance on Cryptocurrency Earned from 'Microtasking'

The IRS issued new guidance indicating cryptocurrency earned from crowdsourcing-based microtasks should be categorized as taxable income. So reports The Block Crypto.


New 'Anubis' Malware Targets Crypto Wallets, Public Info Scarce

Anubis, a new type of malware, has been unleashed after its sale on the “cybercrime dark markets,” per Microsoft Security Intelligence. So reports Coindesk.


U.S. Officials Seize Record Amount of Cryptocurrency from Mid-East Terror Groups

Federal prosecutors said the Justice Department has seized $2 million worth of cryptocurrency from Middle East-based terror groups. So reports CNN.


Bitcoin Hits Milestone as Investors Mull Risk of Inflation

Bitcoin topped its highest peak since July of 2019 as it hit more than $12,476. The leading cryptocurrency has now rallied past “several key psychological thresholds in August” after facing some adversity earlier in the summer. So reports Markets Insider.


Ethereum Surges As DeFi Tokens Gain Traction

A number of tokens on the Ethereum network rose atop price charts in recent days, with Decentralized Finance tokens getting extra love. So reports Cointelegraph.


National Banks, Savings Groups Can Hold Crypto: Feds

The U.S. Office of the Comptroller of the Currency will enable national banks and federal savings associations to hold cryptocurrencies for their customers. So reports The Block.


TikTok User James Galante Spikes Dogecoin Buys with Post

Dogecoin volumes were up 683% after TikTok user James Galante urged his followers to buy the cryptocurrency with the hopes they “all get rich.” So reports Markets Insider.


PayPal Considering Jump Into Cryptocurrency Sales

Digital payment company PayPal is considering a plan to sell cryptocurrencies directly to users through its Venmo subsidiary. So reports The Observer.


Bitcoin Adds 'Whales' Since Halving Event

Bitcoin’s May 11 halving has not spiked the value of the digital currency as many had expected. However “whale” investors have ticked up 2%. So reports Coindesk.


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