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Uruguay Passes Cryptocurrency Law

[Oct 3, 2024 4:30 AM] Proposed over two years ago, the law recognizes cryptocurrency as virtual assets in the country, establishing the Central Bank of Uruguay as the regulator and overseer of companies seeking to offer cryptocurrency services. The law positions Uruguay…

Ohio Senator Pushes for Cryptocurrency Tax Payments With New Bill

[Oct 3, 2024 3:30 AM] Ohio State Senator Niraj Antani has introduced a bill to legalize cryptocurrency payments for state and local taxes. Emphasizing the importance of cryptocurrency in the present economy, the bill requires Ohio to accept digital currencies like…

Ripple XRP Case: SEC Moves To Appeal Court Ruling

[Oct 3, 2024 12:03 AM] In a significant move that could reshape the regulatory landscape for XRP and blockchain payments company Ripple, the US Securities and Exchange Commission (SEC) announced on Wednesday that it is appealing the court ruling limiting its authority…

Bitwage CEO: Stablecoins Have Been a Lifesaver for Argentines

[Oct 2, 2024 5:30 AM] Jonathan Chester, CEO of Bitwage, has detailed how the company has been serving Argentine remote workers who prefer collecting payments from employers abroad in stablecoins. Chester stated that 70% of its customers in the country use stablecoins…

Robinhood Crypto Launches Crypto Transfers for European Users

[Oct 2, 2024 12:30 AM] Robinhood Crypto has introduced a major new feature for European users, allowing them to deposit and withdraw over 20 different cryptocurrencies. The new crypto transfer service includes a limited-time 1% deposit match. With this launch, the…

Asset Management Firm Bitwise Files for Spot XRP ETF

[Oct 1, 2024 11:30 PM] Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While this does not confirm an immediate filing with the U.S. Securities and Exchange Commission (SEC), it aligns with…

Central Bank of Tanzania to Hoard 20% of Total Gold Exports

[Oct 1, 2024 9:20 PM] The Central Bank of Tanzania will purchase 20% of all the gold directed for exports as the country prepares to diversify its reserves. The movement is seen as a reaction to the current acceleration of gold prices, with Tanzania aiming to amass at…

Could XRP See A 360% Surge By Christmas? Experts Think So

[Oct 1, 2024 8:30 PM] XRP is back in the limelight once again, catching a rising tide of bullish vibes in the cryptocurrency marketplace. The token went steadily up last week but managed to make an even bigger leap over the weekend. This resulted in an increase in its…