The Dutch Central Bank has lost a legal battle over its uninformed and bureaucratic bitcoin address verification requirements. Bitonic, the oldest Bitcoin exchange in the Netherlands, recently had its day in court with the Dutch Central Bank (DCB). At issue was the legitimacy of DCB’s mandate that Bitonic (and other Bitcoin exchanges and custodians operating […]

The Hong Kong government has published a proposal today that will limit cryptocurrency exchanges to experienced traders only. With cryptocurrency markets still reeling from the recent price plunge and other bad news, this latest proposed regulation could further damage crypto investment.  In breaking news published by Reuters, it was announced that the Hong Kong Financial Services and Treasury […]

Using the blockchain technology of Avalanche, CryptoRefills has rolled out support for the payment services for its users. This partnership has enabled users to transact for real-world products and services by utilizing the cost efficiencies of Avalanche’s blockchain technology. Avalanche is an open-source platform that has carved the place for itself by providing a launchpad […]

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Coinspeaker US Treasury to Impose Stricter Tax Reporting Standards for Crypto The US Treasury Department is proposing a new set of tax reporting regulations that will let the Internal Revenue Service (IRS) record the money movement in the digital currency ecosystem. According to the report released by the Treasury Department, cryptocurrency transactions worth as much […]

Coinspeaker Fed to Introduce Discussion Paper on Capacities of Digital Dollar The United States Federal Reserve (Fed) has announced that it plans to issue a paper discussing the potential issuance of a digital dollar. The paper is set to be released this summer. In a statement posted on the Federal Reserve website on Thursday, Federal […]

Coinspeaker FinTech Wallet App Eco Has Big Investors Backing Including Diddy, Kevin Durant and Carmelo Anthony Earlier in March 2021, FinTech wallet app Eco announced that a 426 million fundraise in a funding round led by Andreessen Horowitz. While the investors included some big fund houses and companies, there have been some celebrity and athlete […]

Coinspeaker Ethereum 2.0 First Upgrade Altair Is Coming: Key Notes for Validators One of the most interesting things about the Ethereum blockchain is the ongoing plans to migrate from the current Proof-of-Work (PoW) network to a more scalable Proof of Stake (PoS) model. The proposed plan has been in the works for a long since […]

Coinspeaker Figure Technologies Raises $200 Million via Series D Funding, Company Valuation at $3.2 Billion Through a round of Series D funding, Figure Technologies, a blockchain mortgage firm, has managed to raise $200 million. The company’s worth is believed to be $3.2 Billion. This investment deal mainly involved two key players, Morgan Creek Capital Mgt. […]