Ramp increases footprint in the United States with FinCEN regulation
Users may buy cryptocurrency directly in their wallets and decentralized apps, or dApps, using Ramp. Ramp Swaps LLC, a crypto-fiat gateway payments platform based in the United States, got its registration as a Money Service Business from the Department of Treasury’s Financial Crimes Enforcement Network on Tuesday. Ramp now has regulatory approval to operate in […]
Sam Bankman-Fried call on regulators to create a common framework for digital assets
Sam Bankman-Fried, the CEO of FTX exchange has called out regulators to create a single regulatory framework for digital assets. This was at the Asian Financial Forum, an event held by Hong Kong’s government. Instead of focusing on assessing whether assets are securities, the businessman believes that regulators should concentrate on simplifying regulations and developing […]
Iran reportedly plans to use cryptocurrencies in international trade and settlements
According to local media sources, The Central Bank of Iran is ready to enable the use of cryptocurrency for foreign payments and transactions. According to local media, Iranian enterprises would be allowed to use cryptocurrency in payments with partners in other nations. The Central Bank of Iran (CBI) and the Ministry of Industries, Mining, and […]
Washington’s Gig Harbor real estate developer set to accept cryptocurrency
The cryptocurrency-real estate relationship is not a new one. The latest to jump on the bandwagon is ‘A Gig Harbor,’ Washington-based developer, the developer announced it will start taking cryptocurrencies later this month. Harbor Custom Development, Inc. announced in a recent press release that starting January 24, 2022, it will take digital currencies as payment […]
TaxBit launches a network for free crypto tax forms
Taxbit has launched the Taxbit Network to make available crypto tax forms for free. Most of the leading crypto businesses such as Paypal, Gemini and others have joined the network. TaxBit, a cryptocurrency tax compliance service , is attempting to bring together big industry players such as Coinbase and Binance.US within one network to enable […]