According to a new guidance by the Securities and Exchange Commission, US companies that hold cryptocurrencies for their customers must now account for those assets as liabilities, and warn investors about the associated risk.
This includes major players such as Coinbase, PayPal, Block (formerly known as Square), and Robinhood. In
Core Scientific is the largest publicly-traded bitcoin mining company by hashrate, and just reported financials for 2021 that exceed analysts’ predictions.
In the fiscal year ending on December 31st, 2021, Core Scientific’s total revenue increased 803% to $544.5 million. Analyst estimates were at $507.1 million, according to
Onstage at Bitcoin 2022 in Miami, Chief Strategy Officer at the Human Rights Organization Alex Gladstein led a conversation with activists Yeonmi Park, Farida Nabourema, and Fadi Elsalameen on the theme “Bitcoin is Freedom.” In it, the speakers shared alternative experiences from smaller economies, offering fresh perspectives on the development
Onstage at Bitcoin 2022 in Miami, Chief Strategy Officer at the Human Rights Organization Alex Gladstein led a conversation with activists Yeonmi Park, Farida Nabourema, and Fadi Elsalameen on the theme “Bitcoin is Freedom.” In it, the speakers shared alternative experiences from smaller economies, offering fresh perspectives on the development
According to a new guidance by the Securities and Exchange Commission, US companies that hold cryptocurrencies for their customers must now account for those assets as liabilities, and warn investors about the associated risk.
This includes major players such as Coinbase, PayPal, Block (formerly known as Square), and Robinhood. In
Core Scientific is the largest publicly-traded bitcoin mining company by hashrate, and just reported financials for 2021 that exceed analysts’ predictions.
In the fiscal year ending on December 31st, 2021, Core Scientific’s total revenue increased 803% to $544.5 million. Analyst estimates were at $507.1 million, according to
This last week, El Salvador has hosted a handful of well-known, influential Bitcoiners. Their presence was made publicly known through a series of tweets including pictures and videos regarding El Salvador's bonds, volcano Bitcoin mining site, and more.
CZ from Binance even met with President Bukele over the
Florida Governor Ron DeSantis announced that the state is working on a plan to allow businesses to pay corporate taxes in Bitcoin and cryptocurrencies. Florida and DeSantis have gained a reputation for embracing the adoption of Bitcoin and blockchain technology and have welcomed innovation. DeSantis along with the city of
El Salvador has postponed the issuance of the world's first Bitcoin backed bond because the government decided to wait for favorable conditions in the market, as originally clarified by Finance Minister Alejandro Zelaya on Tuesday.
The Central American government had originally scheduled the launch of the $1 billion
The Japanese Virtual Currency Exchange Association (JVCEA), a self-regulatory body for the Japanese crypto sector, is working to release a “green list” of 18 widely accepted cryptocurrencies and digital assets by the end of the month, according to a local Japanese news agency, Nikkei Asia.
Efforts to Simplify Processes and
The new laws ban crypto as a payment method in Thailand. However, the ban doesn’t apply to crypto used for investing; on the contrary, investing with crypto allows access to relaxed tax rules, including an exemption from a 7% value-added tax.
In a statement, Thailand’s Security and Exchange
