Author: Sergio Goschenko

The institution announced that it will offer a new kind of account, crypto accounts, to its customers, allowing them to dabble in cryptocurrency trading. The move, anticipated by CEO Rick Wurster last month, will bring this feature to over 46 million clients. Key Takeaways: Charles Schwab is launching direct Bitcoin and Ether trading for its

Individuals transacting cryptocurrency on offshore platforms or independently must now report their movements when the amount of crypto transacted surpasses $5,000 per year. Users must now deliver sensitive data, including the purpose of each transaction, hashes, and destination addresses. Paraguay Ramps Up Crypto Reporting Requirements For VASPs and Individuals The government of Paraguay is ramping

Customers of Clear, a brand of the XP Group, who hold an international investment account, will be able to participate in regulated prediction markets. XP is the first company to bring regulated prediction markets outside the U.S., with a focus on financial and economic events. Kalshi Partners With XP to Bring Regulated Prediction Markets to

The Ministry of Finance will put a decree that equates cryptocurrency transactions to foreign currency exchanges to public consultation, a move that would allow the government to tax these flows. The subject is expected to spark a fierce discussion in Congress and even legal actions. Brazil Aims to Tax Crypto Flows by Decree…

China’s President Xi Jinping advocates for a strong currency that will allow the country to challenge the dollar’s dominance in international trade and rival its position as a global reserve currency. Xi’s remarks come as the Trump administration shows no concern about a weak dollar. President Xi Wants to Establish a Strong Yuan China seems ready to