Wolfcone - Blockchain and Cryptocurrency News

13/08/2021

All about Contentious Crypto Tax Amendments and Infrastructure Bill

The crypto-specific provision that would raise $28 billion for the trillion dollar infrastructure package before Congress were so contentious it briefly held up the entire legislation. The inclusion of a small tax on cryptocurrency transactions was just enough to hold up an important piece of much n...

08/08/2021

Binance US CEO Brian Brooks quits : quoting "Strategic differences"

Binance.US CEO Brian Brooks has announced his resignation from the company, citing "strategic differences" as a main reason for stepping down. This marks an abrupt change of plans after just weeks ago he had been promoted to co-CEO alongside Binance's current CEO Changpeng Zhao; something that was h...

01/08/2021

Indian Government is Investigating Binance's role in Betting apps

30/07/2021

Mastercard introduces Crypto-to-Card conversions

Mastercard is helping its partners convert money to fiat currency more efficiently with digital cryptocurrency wallets and exchanges by streamlining the process. The company plans on piloting this new feature in partnership with Circle, Paxos Trust Company, and Evolve Bank &Trust following a Tue...

25/07/2021

Amazon may soon start accepting Cryptocurrencies

Amazon has not been one to shy away from innovation, as they have recently hinted that cryptocurrencies may soon be accepted. The company is looking to expand their payment options by allowing Bitcoin for purchases, as they are hiring a digital currency and blockchain product lead. This move will ap...

23/07/2021

Advertising Council in India Formulates new laws for Crypto exchanges

The recent hype in crypto ads has made the Advertising and Self-Regulating Body ASCI to flag it as "emerging area of concern" and planning to form guidelines for cryptocurrency exchanges. The organization currently does not have any specific codes regulating this type of advertisement and reports ha...

24/06/2021

Indian Banks join hands to leverage Blockchain tech for processing "Letter of Credit" https://rfr.bz/f2jnwfp

In an effort to cut down on overseas trading delays, some of the biggest banks in India have partnered up with Infosys Finacle Connect. With this system based off blockchain technology the team is planning to enable digitisation and automation trade-related finance processes. Indian Banks' Blockchai...

17/06/2021

Crypto Ban Bill in India continues to be under review https://rfr.bz/f2iezq2

The Crypto Ban is not a new term for Indian crypto audience. Now India's central government is considering different aspects before banning cryptocurrencies in the country. The news to ban cryptocurrency trading is still under discussion, but they're still not sure if it will be a full-on prohibitio...

17/06/2021

Russian Foreign Minister believes that Cryptocurrencies will be used to settle debts in future. https://rfr.bz/f2ieo9e

If the future of finance is crypto, then Russia may be at a competitive advantage. Russian Foreign Minister Sergei Lavrov recently stated that he thinks cryptocurrencies could play an important role in financial settlements someday; if this becomes true, than it would put his country "to good use" a...

15/06/2021

Salvadoran President to Make Bitcoin Legal Tender https://rfr.bz/f2i8znv

President Nayib Bukele of El Salvador announced Saturday that he will submit a bill to recognize bitcoin as legal tender. The Bitcoin 2021 conference in Miami, Florida was attended by Jack Mallers Strike founder and CEO who has been working with President Bukele on implementing the plan and is confi...

01/06/2021

FX giant Saxo Bank adds Crypto Trading to its platform

Saxo Bank, one of the largest FX and CFD trading platform in the world, has announced the launch of crypto trading in its platform with Bitcoin, ethereum and litecoin trading being opened up. The first bank in the world that offers access to trading of over 40 cryptos within its