Financial Services

Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil

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According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating “macroeconomic conditions” y el “crypto winter” as some of the reasons…

Regulatory Arm of UAE Financial Centre Releases Defi Discussion Paper

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The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (definitivamente). The paper also makes clear the regulator’s stance regarding the anonymity of…

Deutsche Bank to Exit Russia, Says There Will Be No New Business There

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Alemania’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’asalto militar a Ucrania. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine…

Bank of Russia Rejects Provision of Crypto-Related Financial Services

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Rusia’s central bank has voiced opposition to the provision of financial services related to cryptocurrencies. The monetary authority believes such offerings would go against the interests of Russian investors as they are highly risky. Central Bank of Russia Unwilling to Allow…