While a bitcoin exchange-traded fund (ETF) would be a long-term positive, in the short term it could hurt the price of the leading cryptocurrency as it would draw institutional…
Tag: would
India Mulls Imposing 18% Tax on Bitcoin Transactions – CoinDesk
The Indian government is considering a bitcoin transaction tax that would add $1 billion in revenue a year, a move some industry participants said is a sign of the…
FinCEN’s Proposed Crypto Wallet Rule Might Hit DeFi – CoinDesk
A proposal by the U.S. Financial Crimes Enforcement Network (FinCEN) that would require crypto exchanges to collect personal information, including names and home addresses, from individuals seeking to transfer…
How 2020 Unlocked a New Generation of Investors, feat. Jill Carlson – CoinDesk
No one would have expected an economic crisis to bring a new generation of investors to the table, but that’s exactly what it did. Jill Carlson is an investor…
Stablecoins: the First Battleground of Crypto Regulation Wars – CoinDesk
The STABLE Act would force all stablecoin issuers to have bank licenses, a shot across the bow that portends an emerging legal challenge for the industry. On Wednesday, three…
Goldman Expects Digital Yuan to Reach 1B Users in 10 Years – CoinDesk
The digital yuan, China’s planned national virtual currency, would account for 15% of total consumption payments in 10 years, helping commercial banks gain more ground from fintech companies, according…
First Mover: Bitcoin Hits $11K as Square Exposes $2.3T Corporate Money Pot – CoinDesk
Payments company Square’s announcement that it would put some $50 million, or 1% of its assets, into bitcoin has touched off speculation that more corporations might do the same. Jack…
BlockFi Adjusts Interest Rates to Lure Larger Crypto Deposits – CoinDesk
BlockFi, one of the first lending startups in the cryptocurrency markets, announced Thursday it would make changes to the interest paid based on the yield it generates from lending…
Bull Run Continues as Bitcoin Nears $10,000 • Live Bitcoin News
At press time, bitcoin is trading for over $9,800. It has reached a new high for the year, and it would seem like $10,000 is right around the corner….
Will Facebook’s Libra Be an On-Ramp or Dead End for Crypto? – CoinDesk
Facebook’s announcement that it would create a stablecoin on a blockchain means more as a competitive answer to WeChat and Alipay’s payment services than it does to the crypto…