The new partnership will allow global businesses to make payments in USDC stablecoin as well as spend it at 60 million merchants supports by Visa. The payments giant has also partnered with BlockFi to bring credit cards that offer cash back rewards in Bitcoin.
Top banking executives of Russia’s topmost commercial banks are discussing the possibilities around issuing Digital Ruble and a proposal to ban Ruble-backed stablecoins by private firms. Also, Russia’s largest state-owned Sberbank is working on a crypto trading platform and its own digital currency.
Ethereum developers kickstart the transition to Ethereum 2.0 and ETH holders deposit more than 867,000 ETH over the last month triggering the launch of Beacon Chain.
The global investment firm has filed a proposal with the U.S. SEC wherein it explains the opportunities and risks associated with its BTC investment.
The OECB director noted that they will be working in coordination with the European Commission for the crypto taxation rules.
Brian Armstrong explains that if the new regulations come in place, it will have widespread consequences on the country’s financial sector and could even risk America’s status as the financial hub for innovation.
As per the latest report, the Korean government is willing to give crypto exchanges an additional time to build an effective taxation infrastructure.
Ripple’s XRP tops the weekly charts surging over 100% over the last week. XRP is all set for higher move ahead after the latest breakout.
ETH price hits a new 2020-high surging over 30% over the last week and extending its year-to-date gains at 340%.
The SEC Chairman also called Bitcoin as a payments system and not a ‘security’.