With its pilot program, the Bank of Korea is preparing itself with its central bank digital currency (CBDC) pilot program starting last month.

The Spanish Tax Agency has started sending notices to nearly 66,000 investors all across the country to report their crypto earnings and resultant tax payments.

As per its Recommendation 15, the FATF said that U.S’s compliance is fine with its banking rules, regulatory laws, and other evaluations around digital assets.

While the global markets were crashing, Bitcoin failed to hold its status as a “safe haven” for investors.

The country’s biggest bank KB Kookmin has recently filed an application to provide cryptocurrency custodial services for Bitcoin and Ethereum.

The tech giant has proposed developing sensors which can derive energy from specific human activities like exercising and other things.

The director nominee candidate Dante Federighi said that apart from derivatives trading the company should venture into creating other revenue streams for its shareholders.

The commission has decided to receive several proposal the include detailed case studies and designs that offer the ability to adopt different technologies for defense.

The BTC price faces a stiff resistance at $7000 as the world’s largest cryptocurrency struggles to attain this milestone.

The Democrats have put forward a draft proposal which asks to distribute Digital Dollar as direct benefit transfers to individuals without a bank account.

Bitcoin and the overall crypto markets revived after the Federal Reserve announced several stimulus measures for boosting the economy.

The Italian Bank Banco Stella has started a Bitcoin trading facility on its Hype platform to help its customers with international transactions.

Venezuelans double-down on their purchase of Bitcoin as the government shuts down all banks on account of some necessary measures to prevent the COVID-19 outbreak in the country.

Financial institutions plans to leverage blockchain to eliminate redundant activities in the existing system and thus reducing costs for distributors, asset managers, asset services, and the overall supply chain.

Coinbase has recently partnered with Google Pay which will allow its crypto debit card users to spend their crypto holdings directly from Google Play. The facility will be first available in selected European countries by the end of this year.

Crypto markets have responded negatively to the Fed rate cuts as Bitcoin and altcoins drag investors’ losses further.

Bitcoin and the overall cryptocurrency market fail to deliver as cryptocurrency markets writes off several billion dollar losses on Thursday.

All of the top ten cryptocurrencies have collapsed anywhere between 25-30% as over $20 billion have been wiped out of the crypto market in a single day.

The French court said that the Bitcoin loan can be treated as a consumer loan in a legal tender. It referred to Bitcoin as a fungible and consumable intangible asset.

The Congressman’s bill aims to classify cryptocurrencies in three different categories each governed by the respective regulatory body.