The government is likely to opt for regulating cryptocurrencies as an asset class, similar to commodities, with appropriate taxation of transactions and gains.
The bill needs to be signed by the country’s president to take effect.
A decentralized autonomous organization is likely to acquire the rare collection of NFTs, sources told CoinDesk.
The trust will instantly convert bitcoin to dollars, allowing local merchants to offset their exposure to bitcoin.
Sam Bankman-Fried's crypto exchange has signed its first college sports sponsorship deal, with the payment in this case to be made in crypto.
The manager will look to develop business and investments around digital currencies, among other responsibilities.
The funding round brings the firm’s total assets under management to over $500 million.
Wyre’s push-to-debit program will now allow instant payouts of crypto holdings to users' bank accounts using the Visa debit cards.