US lawmakers propose crypto tax evasion for Bitcoin miners
Senator Patrick Toomey and certain members of Congress propose that Bitcoin miners and crypto software developers will not be subject to the newly proposed tax rules. US lawmakers have urged caution in enacting a new tax scheme that might have substantial ramifications for the crypto industry in the United States. An enlarged crypto taxation scheme […]
Gelato partners with Zerion to provide liquidity management
The Gelato-Zerion partnership will enable Zerion’s retail users to provide liquidity and also to assist users better manage liquidity while using DEXs like Uniswap. Gelato Network, a system that automates smart contract executions on Ethereum (ETH), has partnered with Zerion, a decentralized finance (DeFi) aggregator , to assist users to better manage liquidity while using […]
Bakkt partners with Quiznos to enable BTC payments for services rendered
The new partnership between Bakkt and Quiznos will enable customers at Quiznos restaurant in Colorado to pay for meals using Bitcoin. According to a public announcement released on Tuesday, customers will be able to pay with BTC at select Quiznos locations in Colorado’s capital as part of an initial test run. Starting in mid-August, the […]
Crypto.com authorizes USDC withdrawals for its users
USD Coin (USDC) withdrawals have now been authorized on the digital asset exchange platform Crypto.com. The news comes just over a month after the platform began accepting USDC deposits as part of a new collaboration with Circle, the stablecoin’s issuer. Users of Crypto.com were able to deposit fiat currency into their trading accounts and earn […]
UK bank HSBC reportedly bans credit card payments to Binance
It looks like the sky is not clear yet for Binance as HSBC UK becomes the latest bank to shut payment channels to the cryptocurrency exchange. Banks in the United Kingdom are continuing to tighten their grip on the Binance cryptocurrency exchange, with HSBC UK reportedly banned credit card payments to Binance , according to […]