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Daniel Palmer
Latest from Daniel Palmer
Italian Payments Giants Merging to Form Entity That Will Dominate Local Market
The new group will reportedly have an estimated 70% share of the Italian market.
Australia to Spend $575M on Tech Including Blockchain to Boost Pandemic Recovery
The investment comes as Australia attempts to make a recovery from the recession brought by the COVID-19 pandemic.
CFTC Charges Firm With Illegally Providing Leveraged Trading of Crypto, Gold
A Caribbean-based firm is in hot water with the CFTC for allegedly allowing U.S. retail investors to partake in leveraged trading of cryptocurrencies and precious metals.
IRS May Make It Harder to Avoid Declaring Crypto on Tax Returns
The Internal Revenue Service plans to make all income tax payers check a box indicating whether they have transacted in crypto over 2020.
Fed Reserve Governor Brainard Said to Be Biden's Choice for Treasury Secretary
Lael Brainard, who has been involved with the Fed's efforts to research a digital dollar, is seen as an ideal choice, Bloomberg sources said.
World's Biggest Meat Processor to Tackle Amazon Deforestation Using Blockchain Tech
JBS S.A. aims to track all of its cattle suppliers on a blockchain system by 2025.
Venezuela Legalizes Crypto Mining but Will Force Industry Into National Pool
The Venezuelan agency responsible for regulating cryptos has legalized the mining industry, but in the process mandated it be centralized under government control.
Digital Euro Would Provide Alternative to Cryptos, ECB President Lagarde Says
A digital euro for retail payments would "ensure that sovereign money remains at the core of European payment systems," according to Lagarde.
JD.com to Build Apps for China's Digital Yuan Project: Report
The Chinese e-commerce giant has reportedly agreed to help the nation's central bank develop infrastructure including a wallet for its cash-equivalent digital currency.
China Sees Advantages in Being First on New Digital Currency 'Battlefield'
The nation would wield stronger influence in the world as a result of the digital yuan issuance, according to a magazine from the People’s Bank of China (PBoC)
