Category : Cryptocurrency

Cryptocurrency Fintech News

Blox & Sovos Discover Deep Challenges for Cryptocurrency Tax Reporting and Compliance

Fintech News Desk
by Fintech News Desk0
More than half of CPAs believe their clients do not receive accurate 1099 forms with the data needed for preparing tax returns Blox, an industry leading crypto accounting platform, and global tax software leader Sovos have released the “2020 Crypto Tax Report,” which identifies emerging challenges for today’s cryptocurrency tax and accounting......
Cryptocurrency Fintech News

Civic and Coincover Announce the First-Of-Its-Kind Crypto Wallet With a $1 Million Protection Guarantee

Fintech News Desk
by Fintech News Desk0
Civic Wallet, protected by Coincover, is Multisig and Non-Custodial, Giving Users More Control When Storing and Transacting With Digital Currency Civic Technologies, a leading innovator in digital wallet solutions, announced that Civic Wallet is the first and only non-custodial crypto wallet to offer a $1 million (USD) digital currency guarantee......
Cryptocurrency Fintech News

Celsius Network and Chainlink Form Long Term Partnership to Create Superior Financial Platform Through Decentralization

Fintech News Desk
by Fintech News Desk0
Chainlink was selected by Celsius Network as the core method through which Celsius will further decentralize its operations.  Celsius Network , the industry-leading cryptocurrency interest income platform with more than $600MM in assets, announced that it is forming a long-term partnership with Chainlink, the market-leading decentralized oracle network. This deep......
Cryptocurrency Fintech News

Coronavirus Lockdown: Massive Surge in the Use of Fintech Apps

Fintech News Desk
by Fintech News Desk0
Coronavirus-triggered social distancing, isolation and lockdowns have driven-up the use of financial apps in Europe by 72 per cent in a week, reveals deVere Group, one of the world’s largest independent financial advisory organizations. The sharp increase in the use of financial technology comes as the world readjusts to life......
Blockchain Cryptocurrency Fintech News

KuCoin Launches Project Pinocchio With Multiple Blockchain Institutions to Fight Against Dishonest Behaviors

Fintech News Desk
by Fintech News Desk0
On March 27, 2020, KuCoin, an IDG-backed exchange, announced the official launch of Project Pinocchio together with 21 top blockchain institutions around the world. Read More: Former U.S. Secretary of Commerce, Penny Pritzker, Doubles Down on Payments Infrastructure Pioneer Finix The Project Pinocchio is a neutral and credible alert platform for less trustworthy projects......
Cryptocurrency Fintech News

Celsius Network Hires Camilla Churcher as Head of Business Development

Fintech News Desk
by Fintech News Desk0
Camilla Churcher joins the Celsius Network team with over 20 years of experience in the traditional finance sector  Celsius Network, the industry-leading cryptocurrency interest income platform, announces Camilla Churcher as its new Head of Business Development. Camilla has vast experience in traditional financial services as an industry expert in sales, strategic partnerships,......
Banking Blockchain Cryptocurrency Fintech News

BlockchainArmy Founder President Erol User Is Determined: BlockchainArmy Will Change World Trade

Fintech News Desk
by Fintech News Desk0
A container from Shanghai to Berlin takes less than 2 weeks to arrive via rail, to pay for it can take a month in the banking system. Amazon delivers packages same day, something no bank can do with an international electronic wire transfer. Cross-border payments costs have also increased two-fold since Multinationals moved out......
Cryptocurrency Fintech News

Crypto.Com Partners With Oveit

Fintech News Desk
by Fintech News Desk0
Enabling Cryptocurrency Payments for over 3,500 Offline and Virtual Event Organizers Crypto.com, the pioneering payments and cryptocurrency platform, and Oveit, an innovative fintech company offering a one-stop-shop solution for experience ecosystems, announced a strategic partnership including the integration of Crypto.com Pay on Oveit’s payment platform. With the integration, over 3,500......
Blockchain Cryptocurrency Currency Exchange Fintech News

Chainalysis and Paxful Create New Compliance Standard for Peer-To-Peer Cryptocurrency Exchanges

Fintech News Desk
by Fintech News Desk0
Chainalysis, the blockchain analysis company, announced its partnership with Paxful, a global, peer-to-peer (P2P) Bitcoin marketplace, which is raising the bar for compliance standards for P2P exchanges. Paxful uses Chainalysis KYT (Know Your Transaction) to monitor its platform’s cryptocurrency transactions in real-time and Chainalysis Reactor to build investigations when it......
Cryptocurrency Fintech News

Small Business Relief Plan Offered by Bitcoin Payment Processing Executive Robert Livingstone of TakeTheCoin.Com

Fintech News Desk
by Fintech News Desk0
TakeTheCoin will help companies stem some of their declining sales by opening their cash registers and e-commerce sites to over 40 million cryptocurrency wallet holders. Read More: GlobalFintechSeries Interview with Tim Kelly, CEO & Founder at BitOoda “Our goal is to help consumers spend their cryptocurrency to make purchases they wouldn’t otherwise......
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