Tag: Plans

Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin

Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central de Venezuela’s […]

Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder

Tether Plans to Mint Digital Yuan and Commodity Coins, Says Bitfinex Shareholder Tether Holdings, the firm that issues tether (USDT), has plans to launch an offshore Chinese yuan stablecoin called CNHT. Tether’s digital dollar presence within the crypto economy has been massive in recent months, seeing significant demand from China. […]

US Regulator Plans to Outsource Running Cryptocurrency Nodes

US Regulator Plans to Outsource Running Cryptocurrency Nodes A recently published document reveals that the U.S. Securities and Exchange Commission (SEC) has plans to hire contractors to run specific cryptocurrency full nodes for the government agency. According to the SEC documentation, the regulator wants third-party contractors to run nodes for […]

IRS Plans to Issue Guidance on Virtual Currency Taxation

IRS Plans to Issue Guidance on Virtual Currency Taxation Internal Revenue Service (IRS) commissioner Charles Rettig has explained to U.S. representatives that the tax department plans to issue clearer guidance toward cryptocurrency taxation soon. Since 2014, Americans have been asking the tax agency for better clarification in regard to official […]