About Author:
Aisshwarya Tiwari
Aisshwarya is currently working as SAP finance consultant for an IT consultancy. He likes to read about tech (fintech in particular) and history during his free time. He also likes to make 8-bit music.
In a press release issued on October 2, 2019, Ohio Treasurer Robert Sprague announced the suspension of the OhioCrypto.com website which allowed businesses to file their taxes with bitcoin (BTC.) A Short-Lived Affair Ohio’s love affair with the premier cryptocurrency didn’t last particularly long as on October 2, 2019, the...
Leading cryptocurrency payment processing platform BitPay on October 2, 2019, unveiled support for Ripple’s XRP digital token for business payments and cross-border transactions. BitPay Adds Support for XRP U.S.-based blockchain payments firm BitPay has been pioneering the cryptocurrency adoption cause for multiple years. After bringing digital currencies like bitcoin (BTC)...
In an official blog post published on October 1, 2019, distributed ledger technology (DLT) non-profit IOTA (MIOTA) announced its partnership with Zuhlke – a firm providing services for innovation projects – to jointly develop a platform for organizations to engage in the machine economy. A Tangle to Untangle the Machine...
In a bid to bridge the gap between traditional and decentralized finance, the Global Currency Organization (GCO) on October 1, 2019, announced the launch of a new U.S. dollar-pegged stablecoin, USD Digital (USDD). Former Tech Veterans Launch a Stablecoin The Global Currency Organization is a San Francisco-based project led by...
The world’s most widely used cryptocurrency is Tether (USDT) and not Bitcoin (BTC), this according to a BNN Bloomberg report published October 1, 2019. Citing data from the cryptocurrency analytics website CoinMarketCap.com, the report claims that USDT is the highest weekly and monthly traded digital currency. USDT Trumps BTC Whilst...
Major cryptocurrency exchange Binance, announced staking support for decentralized web cryptocurrency TRON (TRX) on September 30, 2019. The Malta-based exchange’s recently launched staking platform allows cryptocurrency holders to receive their share of the held digital asset’s block reward. Binance TRX Holders Rejoice Famous for its knack of constantly re-inventing in...
In a bid to bring digital currency payments to the mainstream, UTRUST, a fintech startup, has integrated support for DASH cryptocurrency to provide safe and secure payment options to the nine million registered users of web gaming platform Whow Games. The startup announced the development through a Medium post, on...
A Bloomberg report published on September 27, 2019, claims that multi-billion social media giant Facebook Inc. is in talks with a prominent congressional committee for its Chief Operating Officer (COO) Sheryl Sandberg to testify as soon as the next month. Facebook Pushing for Libra Approval Per sources close to the...
H&R Block, a New York Stock Exchange-listed global consumer tax services provider, on September 24, 2019, announced the launch of a new consumer service that would aid people engaging in digital currency transactions correctly file their crypto gains and losses with the Internal Revenue Service (IRS). Filing Crypto Tax Made...
In a major development for cryptocurrency adoption, Cambridge-based accountancy firm BKL announced on September 23, 2019, that it would be accepting bitcoin (BTC) as fee payment to settle invoices. BKL Embraces Digital Money Spearheading the digital currency adoption race in the U.K., mid-sized accountancy firm BKL declared on September 23...
