Cryptocurrencies | ForkLog

ForkLog 7 03.09.2021

Vast Bank customers allowed to trade cryptocurrencies from FDIC-insured accounts

Vast Bank clients will be able to buy, sell and store cryptocurrencies in checking accounts insured by the FDIC. The financial institution was the first in the United States to receive such authorization from the Office of the Comptroller of the Currency within the U.S. Department of the Treasury (OCC) and the Federal Reserve System (the Fed).

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ForkLog 15 02.09.2021

Texas brings digital assets into its legal framework

On September 1, Texas enacted a law that adapts commercial law to blockchain and cryptocurrencies.

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ForkLog 24 01.09.2021

South Africa central bank chief declines to call bitcoin a currency

Cryptocurrencies meet the definition of an asset, not a currency. This was stated by Lesetja Kganyago, chair of the South African Reserve Bank (SARB), during a speech at Wits Business School, MoneyWeb reports.

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ForkLog 6 31.08.2021

Media: US Treasury to compel Bitcoin exchanges to report foreign nationals’ assets

The U.S. Treasury Department plans to include in the $3.5 trillion budget bill new reporting requirements for cryptocurrency firms.

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ForkLog 35 30.08.2021

Billionaire John Paulson calls cryptocurrencies a bubble

John Paulson, famed for his successful bet against the mortgage-backed securities market in 2007, told Bloomberg in an interview that cryptocurrencies are a bubble that will become worthless.

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ForkLog 12 27.08.2021

Cuba Paves the Way to Recognise and Regulate Cryptocurrencies

The Central Bank of Cuba may permit the use of cryptocurrencies in commercial transactions and license providers of virtual asset services. In its rationale, the regulator cited “socio-economic interests”.

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ForkLog 30 26.08.2021

Media: Staff at Moscow Pedagogical State University suspected of taking bribes in Bitcoin

The Investigative Committee of the Russian Federation is investigating a criminal case against employees of Moscow State Pedagogical University (MPGU) suspected of taking bribes in cryptocurrency. RBC reports this, citing sources within the agency.

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ForkLog 14 25.08.2021

Chicago animal shelter begins accepting Bitcoin and Dogecoin

PAWS Chicago, the animal rescue organisation, announced a fundraising drive in Bitcoin, Ethereum, Dogecoin and other cryptocurrencies ahead of the construction of a new hospital for homeless cats and dogs.

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ForkLog 11 25.08.2021

Australians lose more than $25.7 million to Bitcoin scammers

Cryptocurrency-related financial fraud has surged in Australia. In the first half of 2021 alone, locals handed over $25.7 million to criminals.

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ForkLog 22 23.08.2021

Xiaomi Outlines Conditions for Offering Cryptocurrency Services

The Chinese electronics maker Xiaomi is interested in cryptocurrencies, but needs clear regulatory clarity for the industry. This was stated by the company's vice president Manu Kumar Jain.

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ForkLog 15 23.08.2021

PayPal opens access to cryptocurrencies for UK customers

PayPal has opened to UK customers the ability to buy, hold and sell cryptocurrencies.

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ForkLog 9 20.08.2021

Coinbase to acquire crypto assets worth more than $500 million and reinvest 10% of profits

The cryptocurrency exchange Coinbase will acquire digital assets worth more than $500 million and, going forward, will reinvest 10% of all profits in them. This was disclosed by its chief executive, Brian Armstrong.

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