Search Coins

NFT Collection The Superlative Secret Society Price, Stats, and Review

cryptodaily.co.ukin 2 years
-2

Michael Saylor’s Bitcoin Poll Hints at Explosive Growth – Majority Expect Big Gains

news.bitcoin.com25 minutes ago
0

ZEREBRO gains 68% in a month: Is $1 within reach?

ambcrypto.coman hour ago
0

Warning Signs For Bitcoin? Binance Trading Volume Drops As Sellers Take Control

www.newsbtc.coman hour ago
0

Montenegro Extradites Do Kwon: Authorities Hand Terra Founder Over To The FBI

bitcoinist.coman hour ago
0

IRS Issues Crypto Relief – Here’s How to Avoid Higher Taxes in 2025

news.bitcoin.coman hour ago
0

Analyst Says He’s Bullish on Memecoin That’s Exploded Over 4,000% in Two Months – But There’s a Catch

dailyhodl.com2 hours ago
0

Crypto Chronicles: 5 Transformative Events That Shaped the Industry in 2024

news.bitcoin.com2 hours ago
0

Ethereum To Outperform Bitcoin In 2025? Report Predicts $8,000 ETH Price

Fred Krueger: ‘Bitcoin offers superior hedge against inflation,’ here’s why

ambcrypto.com3 hours ago
0

Bitcoin Quantum Computing Debate Reignites After Government Alert

news.bitcoin.com3 hours ago
0

Terraform Labs Founder Do Kwon Handed Over to US Authorities Days After Montenegro Approved Extradition: Report

dailyhodl.com4 hours ago
0

Analyst Reveals ‘Rock Solid’ Support For Dogecoin Price Amid Market Crash

bitcoinist.com4 hours ago
0

Market Alert: Bitcoin’s $81K Support Zone Could Decide Its Next Big Move

www.newsbtc.com4 hours ago
0

Ethereum: THIS hints at investor confidence amid 2025’s $4K rally potential

ambcrypto.com4 hours ago
0

Elon Musk’s ‘Kekius Maximus’ X Name Change Sparks KEKIUS Meme Coin’s Explosive Surge

news.bitcoin.com4 hours ago
0

Ethereum holders flock to this presale gem for unmatched gains in 2025

crypto.news4 hours ago
0

Why $PEPE Jumped 20% Today and Which Coin Could Be Next

cryptodaily.co.uk5 hours ago
0

BlackRock Bitcoin ETF sets massive standard! Good news for BTC?

ambcrypto.com5 hours ago
0

SHIB shows buy signal, analysts see upside for ETH and this low-cap coin

crypto.news5 hours ago
0

Countdown to iDEGEN’s listing begin as XRP, Solana bullish trend stalls

coinjournal.net5 hours ago
0

Do Kwon Extradited to US to Face Crypto Fraud Charges

news.bitcoin.com5 hours ago
0

Bitcoin Bearish Flag Pattern Says Crash Is Far From Over Despite Crash To $91,000

www.newsbtc.com5 hours ago
0

Shiba Inu Lead Dev Unveils Crucial Details Of Final Ecosystem Token

bitcoinist.com5 hours ago
0

This Shiba Inu (SHIB) alternative could create the next big wave of crypto millionaires

coinjournal.net5 hours ago
0

This Week in Cryptos: Court Says Craig Wright Lied While Gemini Joins Silvergate Network

Sep 1, 2019 7:29 PM +00:00
0

Key highlights



  • Court says Craig Wright lied

  • Brazil Central Bank adopts IMF guidelines

  • Gemini joins Silvergate network

  • PNC Bank joins RippleNet

  • Portugal Tax Authority says No BTC Tax


Court says Craig Wright lied

This week, in an epic case judgment by the Federal Court in long-running Kleiman v. Wright lawsuit, the court found that the self-proclaimed inventor of Bitcoin (BTC), Craig Wright, to be guilty of not only submitting false documents as part of an earlier testimony but also lying about a legal dispute. The ruling justice, Bruce Reinhart, concluded that the latest hearing by ordering Wright to surrender more than $4 billion worth of cryptocurrency in favor of Kleiman’s estate.


Brazil Central Bank adopts IMF guidelines

This week, there was some regulatory news coming from the South American continent. Brazil’s central bank has become one of the few banks which has announced that it would categorize cryptocurrencies according to International Monetary Fund (IMF) guidelines. With the new classification under IMF rules, traded cryptocurrencies will now be classified as non-financial products and as such, will be counted as goods on the central bank’s balance sheet.


Gemini joins Silvergate network

This week, Winklevoss twins have added another feather in their hat. Their cryptocurrency exchange, Gemini announced it will join the USD payments platform, Silvergate Exchange Network (SEN). With this partnership, Gemini’s institutional clients are now able to transact in U.S. dollars “24 hours a day, 7 days a week, and 365 days a year,” This activity was earlier prohibited by the traditional hours of operation for banks, which obstructed the fiat withdrawals and deposits.


PNC Bank joins RippleNet

Ripple too had its share of partnerships this week as it partnered with a banking gain in the USA. One of the largest banking giants in the United States PNC, which operates in at least 19 states in the USA, has joined Ripple’s banking network RippleNet. According to PNC’s spokesperson, PNC Treasury management has gone live on RippleNet. The spokesperson said: “[Using RippleNet will give us] the ability to receive a payment from an overseas buyer against their invoices instantly, transforming the way they manage their global account receivables and allowing them to better manage their working capital.”


Portugal Tax Authority says No BTC Tax

Another positive regulatory news came from Europe this week, where Portugal’s Tax Authority clarified that both cryptocurrency trading and payments in crypto will not be taxed in the country. According to a report published in the local mouthpiece, Jornal de Negócios, the fiscal authority of Portugal confirmed that crypto transactions or payments are exempt from Value Added Tax (VAT).


The post This Week in Cryptos: Court Says Craig Wright Lied While Gemini Joins Silvergate Network appeared first on Coingape.

Share This Article


Get the most out of CoinFi News!

Save coins into your Watchlist and be the first to know about the latest market moving news.