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US Fed to Print $425B for New Year’s — 3 Times Bitcoin’s Market Cap

News The United States central bank will inject at least $425 billion of nonexistent money into the economy by the middle of next month. In a statement released Dec. 11, the Federal Reserve confirmed it would ramp up so-called repurchase, or “repo,” operations on key dates over the new year period..

Sweden’s Central Bank to Partner with Accenture to Launch E-Krona

News Sweden’s central bank is planning plans to create a pilot platform for a digital currency known as the e-krona. While Switzerland took a negative stance towards a central bank digital currency (CBDC) earlier today, with its government claiming that it could do more harm than good, Sweden is s..

Binance’s Partner Allows Users to Buy Crypto with Credit Card in JPY and CAD

News Israeli-based fintech and cryptocurrency firm Simplex now supports two new fiat currencies — the Japanese yen (JPY) and the Canadian dollar (CAD). Following the addition, users at some of Simplex’s partner exchanges such as Binance will be able to buy crypto via credit cards using JPY and CAD..

Kazakhstan Won’t Tax Cryptocurrency Mining: Report

News Kazakhstan’s lawmakers won’t be taxing cryptocurrency mining until the mined crypto is exchanged for fiat money. According to a legislative analyst at a local blockchain association, cryptocurrency mining will not be treated as entrepreneurial activity but rather a “purely technological progr..

Andreas Antonopoulos Slams Intuit After Payments Block for Crypto Use

News American financial software company Intuit has apparently limited the account of one of the cryptocurrency industry’s best-known figures, Andreas Antonopoulos. In a series of tweets on Dec. 4, Antonopoulos stated that Intuit had prevented him from accepting credit card payments via its accou..

British Virgin Islands Announce US Dollar-Backed Digital Currency

News Blockchain startup LifeLabs announced that it is developing a digital currency dubbed BVI~LIFE in partnership with the British Virgin Islands (BVI). According to a press release on Dec. 3, the currency is part of a broader initiative to grow the local fintech sector and will be presented duri..

Cardano’s Payment Gateway for Merchants Is Now Live

News The Cardano Foundation, the firm behind the 12th biggest cryptocurrency Cardano (ADA), has launched AdaPay, an ADA payment gateway for merchants. Developed by the Cardano Foundation and enterprise-grade fintech platform Coti, the solution allows merchants to accept ADA payments with “near-ins..

Kraken, One of Oldest Bitcoin Exchanges, Joins Silvergate Exchange Network

News Kraken, one of the largest and oldest Bitcoin (BTC) exchanges in the world, has joined the Silvergate Exchange Network (SEN). By joining SEN, the United States-based cryptocurrency exchange enables its clients to deposit and withdraw U.S. dollars from Silvergate accounts with no fees, the fir..

Antonopoulos: Cash-Settled Bitcoin Futures Traders Face ‘Black Hole’

News Bitcoin (BTC) educator Andreas Antonopoulos says that while futures markets may indeed place a damper on the cryptocurrency’s price, the stakes are different to what you might think. In a Nov. 27 interview with YouTuber “Ivan on Tech,” Antonopoulos argued against the grain of commonplace fear..

Ghana Exploring Digitized National Currency, Says Central Bank Exec

News The Republic of Ghana is exploring the benefits of issuing a central bank digital currency (CBDC), the governor of the country’s central bank says. Ernest Addison, a Ghanaian economist currently serving as the governor of the Bank of Ghana (BoG), revealed that the bank is working with key sta..

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