In a landmark move for the cryptocurrency industry, President Donald Trump signed an executive order on Thursday to establish a U.S. government bitcoin reserve, a step that could significantly bolster Bitcoin’s standing as a mainstream financial asset. The executive order ensures that the U.S. government will retain control of approximately 200,000 Bitcoin previously seized in … Read more
People who own and sell cryptocurrencies have always had to pay taxes on their profits, but new rules adopted by the US Treasury Department mean they are now guaranteed a fair amount for selling their cryptocurrencies. The new rules require cryptocurrency platforms such as exchanges and payment processors to report user transactions to the Internal … Read more
The number of central bank digital currencies (CBDC) is increasing in several countries around the world and Iran is one of them. In the coming days, the country plans to gradually introduce the “true digital” digital currency in public tests. The Central Bank of Iran (CBI) is leading the digital real-world testing phase. Under this … Read more
