Treasury Secretary-designate Janet Yellen said she would work with lawmakers to fast-track a series of tax increases on corporations and wealthy Americans as the Biden administration tries to pass spending on infrastructure and expanding the social safety
Paypal recently released an update to their press release that all eligible PayPal accountholders in the U.S. can now buy, hold and sell cryptocurrency directly with PayPal. Download the PayPal app or log in to your account to learn more.
Crypto exchange Coinbase has announced that it is now offering “instant withdrawals” to Debit cards, enabling cryptocurrency users to easily covert their crypto balances into fiat and spend their funds using their respective VISA cards.
The number of regulated cryptocurrency exchanges in the Philippines has grown to 16, according to Bangko Sentral ng Pilipinas, the country’s central bank. One of the regulated exchanges has been helping the government and Unionbank to launch an app for bond purchases.
Forbes recently published the second edition of its Blockchain 50. The list aims to capture the billion dollar companies most active in blockchain. To be included in the Blockchain 50, a company must have a valuation above $1 billion.
According to reports, On March 9, Representative Paul Gosar (R-AZ) introduced the “Crypto-Currency Act of 2020,” a bill that looks to choreograph a wide range of digital assets to answer to the appropriate regulator.
The South Korean National Assembly unanimously voted in favor of a bill on Thursday that provides the regulatory framework for cryptocurrencies, exchanges and crypto-related platforms. The approval of the amended Special Financial Transactions Information Act signifies the legalization of cryptocurrency trading and holding in the country. It marks one of the world’s most comprehensive legal frameworks for the emerging industry.
A Dubai government authority has announced that it is launching a crypto valley in the country’s free zone, where there is no personal or corporate income tax. With the help of its partners from the Swiss crypto valley, Dubai will offer a variety of services such as incubation for startups, coworking facilities, blockchain training, education, events, mentoring and funding.
The Philippines is building Asia’s crypto hub, and it has found a partner in Japan. The two countries will team up on a project that will see the construction of a special economic zone for blockchain and cryptocurrency companies. The Philippines will construct an $80 million airport to open up the region and make it a blockchain hotspot.
After Google removed Ethereum-based decentralized application (DApp) browser MetaMask from its Android application store, Apple may now force Coinbase to remove the DApp browser feature from its crypto wallet application.