To foster widespread digital payments adoption, UK-based banking alternative Monolith has decided to offer Visa debit cards that can be loaded with DGX, DGD, and DAI tokens.
19-year-old Elliot Gunton of Mounteney Close, UK, has pleaded guilty to supplying crypto hacking services and online personal data in exchange for cryptocurrency.
The crypto-to-crypto lending platform got a license from the Gibraltar Financial Services Commission.
Dovey Wan of Primitive Ventures has recently drawn attention to a $3 billion Ponzi scheme perpetrated by fraudulent crypto investment outfit PlusToken.
The United Parcel Service has invested an undisclosed amount in TuSimple, a self-driving truck company. TuSimple joins UPS’ portfolio of investments in innovative technologies, including blockchain, 3D printing, and artificial intelligence.
Market players told Reuters that US-China trade tensions and a weakening yuan have increased crypto demand among Chinese investors.
After its initial letter campaign targeting crypto holders who may not have reported their gains or losses on their tax returns, the Internal Revenue Service’s second round of letters targets those who may have misreported their crypto holdings on tax documents.
Nevada’s financial regulators have changed their interpretation of what constitutes a money transmitter within the state, declaring that any transfer of value – money, credit, virtual currency, or other – will fall under money transmission laws. This change will require operators of the state’s cryptocurrency kiosks to each obtain a transmitter license.
Coinbase Commerce, an app that allows merchants to accept payments in crypto, will now offer support for Coinbase’s USDC stablecoin thanks to the February Ethereum network update (otherwise known as Constantinople).