Crypto Markets

Indian retail chain rolls out support for CBDC payments in stores: Report

Feb 2, 2023 | Crypto Markets

One of India’s biggest retail chains, Reliance Retail, announced that they have started accepting the digital rupee at one of its store lines and plans to extend the rollout to all its businesses. In a report by Tech Crunch, the company said central bank digital...

Panamanian Crypto Bill Might Get a Second Wind in the Highest Court of the Country

Jan 31, 2023 | Crypto Markets

The fate of the Panamanian crypto bill project, which was approved by the Panamanian National Assembly last year, now depends on the decision of the supreme court of the country. The sanction of the project, which was vetoed by President Laurentino Cortizo, is now in...

IRS reminds taxpayers of crypto income reporting ahead of 2022 filing

Jan 28, 2023 | Crypto Markets

With the deadline approaching for filing the 2022 federal income tax return, the Internal Revenue Service (IRS) — an enforcement agency of United States federal tax laws — released a list of reporting requirements for the general public dealing with cryptocurrencies....

Ban on Crypto Mining in Residential Areas Proposed in Russia

Jan 28, 2023 | Crypto Markets

Advisors to the Kremlin have suggested that home crypto mining should be banned in Russia, or in some of its regions. The stated motive for the proposal is to prevent fires in residential buildings. Amateur miners have been blamed for high loads on the grid causing...

PAYB․IO Makes Shopping Easier for Cryptocurrency Holders and Significantly Saves Their Time

Jan 26, 2023 | Crypto Markets

press release PRESS RELEASE. (London, United Kingdom) – The operator of cryptocurrency purchases on the e-commerce market, PAYB.IO improves and expands its international operations. Their innovative solution allows cryptocurrency holders from around the world to use a...

New South African Code Says Crypto Asset Ads Must Include Capital Loss Warning

Jan 25, 2023 | Crypto Markets

Crypto asset service providers in South Africa seeking to attract investors via advertisements must “expressly and clearly state that investing in crypto assets may result in the loss of capital.” Influencers working on behalf of crypto asset service providers must...

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Dogecoin To Release Latest Version of Utility-Enhancing Tool ‘Soon’, According to DOGE Developer

A principal core engineer for the Dogecoin (DOGE) project says a new version of the blockchain’s utility-enhancing tool is about to launch. Dogecoin engineer Michi Lumin tells his 32,000 Twitter followers that Libdogecoin 0.1.2 is on its way, although no specific date...

Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost

Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s price seeing significant growth this year, its network’s gas fees have also seen a similar...

$20K Bitcoin may return, says analyst as US unemployment hits 54-year low

Bitcoin (BTC) fell prior to the Feb. 3 Wall Street open as fresh United States economic data came in “hot hot hot.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Think again” over U.S. recession Data from Cointelegraph Markets Pro and TradingView...

Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows

Russia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also intend to relocate the business to the Russian Federation....