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El Salvador’s biggest bank is now accepting bitcoin payments

El Salvador’s biggest bank is now accepting bitcoin payments

Clients Bancoagrícola can now pay down their loans and credit card bills in bitcoin and make bitcoin payments via the bank’s payment network.

The post El Salvador’s biggest bank is now accepting bitcoin payments appeared first on The Block.

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US Treasury, IRS retain cryptocurrency tax guidance as a ‘priority’

The Treasury and Internal Revenue Service (IRS) have reiterated their intention to issue guidance surrounding virtual currencies.

The post US Treasury, IRS retain cryptocurrency tax guidance as a ‘priority’ appeared first on The Block.

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What happens to MicroStrategy’s multi-billion dollar bitcoin bet if BTC crashes?

Quick Take

  • MicroStrategy has invested nearly $3 billion in bitcoin.
  • The bet is largely backed by loans worth over $2 billion.
  • What happens if bitcoin (BTC) crashes?

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How the latest bout of crypto exchange problems could draw the ire of US regulators

Traders almost expect it at this point — when cryptocurrency prices gyrate, exchanges buckle as users flood their systems.

The post How the latest bout of crypto exchange problems could draw the ire of US regulators appeared first on The Block.

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Crypto Can Do Better Than ETFs

The founder of WallStreetBets says crypto-native tools like on-chain asset management and smart contracts are the next step for financial products.

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Aave co-founder sells ‘Yield’ NFT for $1.15 million — with a twist

Aave co-founder Stani Kulechov sold the NFT for 350 ETH in what he described as a “social and economical experiment.”

The post Aave co-founder sells ‘Yield’ NFT for $1.15 million — with a twist appeared first on The Block.

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Congressman Tom Emmer: ‘Crypto Is Not Partisan’

The U.S. infrastructure bill’s tumultuous run had one upside: It brought crypto to Congress.

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Anatoly Yakovenko unpacks Solana’s rise, memes, and NFT snafus

Solana founder Anatoly Yakovenko sits down with The Scoop to discuss his project’s past, present and future.

The post Anatoly Yakovenko unpacks Solana’s rise, memes, and NFT snafus appeared first on The Block.

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NFT collectibles see significant drop in sales volumes

The majority of top NFT collectibles have seen trading volumes drop considerably over the last week, following all-time highs in late August.

The post NFT collectibles see significant drop in sales volumes appeared first on The Block.

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SIX receives approval from Swiss regulator to operate digital securities market

SIX, the Switzerland-based exchange operator, has scored a key approval in its bid to run a marketplace for digital securities.

The post SIX receives approval from Swiss regulator to operate digital securities market appeared first on The Block.

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