Digital Currency Donors and Crypto-Backed Endowments Fuel Higher Learning

Digital Currency Donors and Crypto-Backed Endowments Fuel Higher LearningDigital asset holders and organizations have been donating funds to a number of well-known universities. These days a slew of popular colleges like Stanford, MIT, Cornell, Puget Sound, and Princeton all accept digital currency donations or have high-net-worth crypto backers funding these schools. On the flip side of higher education, many of the world’s prestigious […]

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State Treasurer: Ohio Companies Now Paying Tax in BTC

Ohio Companies Now Paying Tax in BTC, Says State TreasurerTreasurer in the U.S. state of Ohio Robert Sprague has revealed that at least two companies have paid their taxes using bitcoin since the state launched its cryptocurrency payment platform in December. Sprague did not disclose details pertaining to the amount or companies involved, citing confidentiality. Also read: Liechtenstein Bank Creates Cryptocurrency Trading Platform for […]

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BTC-e Operator Alexander Vinnik Terminates His Hunger Strike

Alexander Vinnik Terminates His Hunger StrikeThe alleged operator of the infamous BTC-e exchange, Alexander Vinnik, has terminated his hunger strike more than 80 days after he started the protest against his detention in Greece. Vinnik’s condition is serious and he needs specialized medical attention to recuperate. Also read: Cryptocurrency Exchange Exmo Opens Branch in Turkey Russia’s Ombudsman Visits Vinnik in […]

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Report: ‘The State of Stablecoins’ Maps the Growth of Fiat-Pegged Cryptocurrency

Report: The State of Stablecoins Maps the Growth of Fiat-Pegged CryptocurrencyA new report published this week shines a light on the stablecoin ecosystem. Authored by George Samman and Andrew Masanto in conjunction with Amazix, the report traces the rise of digital currencies against a backdrop of high inflation in 16 countries. The report claims these conditions will create a need for fiat-pegged digital currencies that […]

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Coinbase Reveals Its Procedure for Handling Contentious Forks

Coinbase Reveals How the Exchange Manages Contentious ForksOn Feb. 20, the San Francisco-based cryptocurrency exchange Coinbase gave the public an inside look at how the company deals with contentious forks. Coinbase engineer Breck Stodghill specifically discussed how the trading platform dealt with the Bitcoin Cash (BCH) split on November 15, 2018. Also read: ‘Bitcoin Killer’ Onecoin Is Ashes But Investigations Continue to […]

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Indian Trade Association Calls for Fast Crypto Regulation to Drive Growth

Indian Trade Association Nasscom Calls for Fast Crypto Regulation to Drive GrowthThe Indian National Association of Software and Services Companies (Nasscom) has released a report that calls for regulatory certainty, particularly in areas such as cryptocurrency. The lack of legal clarity and the crypto banking ban have hindered investments in this sector, hurt crypto exchanges, and driven investors out of the country, according to the association. […]

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In the Daily: Quadrigacx Transfer, Tokenized Bonds, Beam Investment, Rakuten Pay

In the Daily: Quadrigacx Transfer, Tokenized Bonds, Beam Investment, Rakuten PayIn this edition of The Daily, Canadian exchange Quadrigacx has transferred its remaining crypto funds to the court appointed monitor Ernst & Young. In Germany, the federal securities regulator Bafin has authorized an STO. Also, Beam has found a new investor and Rakuten plans to integrate cryptocurrencies into its mobile app. Also read: Sirin Labs […]

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Company Evades SEC Penalty Despite Illegally Issuing Security Tokens

Company Evades SEC Penalty Despite Illegally Issuing Security TokensThe U.S. Securities and Exchange Commission (SEC) has decided not to impose a penalty on a company that had issued security tokens without its approval and without qualifying for an exemption. The company raised approximately $12.7 million. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval No Penalty The SEC announced on Wednesday […]

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Liechtenstein Bank Creates Cryptocurrency Trading Platform for Institutional Investors

Liechtenstein Bank Sets up Cryptocurrency Trading Platform for Institutional InvestorsA private bank in Liechtenstein has established a cryptocurrency trading platform for institutional investors. Balzers-based Bank Frick will offer the service through its new subsidiary DLT Markets AG. Also read: Irish Auctioneer to Sell off 315 BTC Seized by Belgian Police Investors to Gain Access to Multiple Cryptocurrency Markets According to a statement released by the […]

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University of Michigan Endowment Backs Crypto Venture Capital Fund

University of Michigan Endowment Backs Crypto Venture Capital FundThe financial endowment fund of the University of Michigan, one of the oldest and most established academic institutions in the U.S., is the latest institutional investor revealed to have entered the cryptocurrency ecosystem. Its endowment is backing a crypto venture capital fund managed by Andreessen Horowitz. Also Read: In the Daily: Sirin Labs Smartphone, Middle […]

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