Blockchain Today

Blockchain Today2019-07-18T12:34:52+00:00

El Salvador Passes a Bill to Recognize Bitcoin as a Legal Payment Instrument

June 9th, 2021|

The Legislative Assembly of El Salvador adopted a bill recognizing Bitcoin as an official payment instrument in the country on a par with the US dollar. The bill was supported by 62 out of 84 parliamentarians, 17 opposed, and [...]

Beijing Authorities to Distribute Over $ 6 Million During Digital Yuan Testing

June 2nd, 2021|

In June, Beijing authorities will distribute the central bank digital currency (CBDC) to the public. Lottery winners will receive "red envelopes" with 200 digital yuan ($ 31.32). In total, the authorities will distribute 40 million yuan (~ $ 6.26 million) [...]

Indonesia Discussing the Introduction of the Income Tax On Cryptocurrencies

May 11th, 2021|

Indonesian authorities are planning to tax the profits generated from transactions with cryptocurrencies, reports Reuters with reference to the representative of Indonesia's tax office Neilmaldrin Noor. According to him, a specific mechanism for taxing cryptocurrencies is under discussion. "It is [...]

The Largest Singaporean Bank Disclosed the Financial Results of Its Own Crypto Exchange

May 4th, 2021|

DBS Group has published financial results for the first quarter of 2021. In particular, the largest financial holding in Singapore has disclosed the performance of its own cryptocurrency exchange - DBS Digital Exchange. During the reporting period, the trading volume [...]

JPMorgan CEO Calls for Tighter Regulation of Cryptocurrencies

April 8th, 2021|

Digital currencies and fintech projects must have a clear legal status as they potentially threaten the traditional banking sector. Jamie Dimon, CEO of JPMorgan Chase, announced in a letter to shareholders. $JPM Chairman and CEO, Jamie Dimon, releases his Annual [...]

VISA and PayPal Will Allow to Use Cryptocurrencies as a New Payment Method

March 31st, 2021|

The Visa payment system will allow the use of the USD Coin (USDC) stablecoin for settlements on its network, the company said in a press release. The payment system has launched a pilot project in conjunction with the cryptocurrency platform [...]