South African Central Bank Now Considers Cryptocurrency to Be a Financial Asset

The deputy governor of the South African Reserve Bank (SARB) recently said the institution has changed its position on cryptocurrency, and now regards it to be a financial asset which must be regulated as such. The SARB expects to have a

Zakaj se migranti obračajo na kripto: Ključ do doseganja cilja ZN za zmanjšanje stroškov nakazil na manj kot 3% avtor 2030

The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the UN target of less than three percent, the latest data from the World Bank has shown. Po drugi strani, the…

State-Owned Swiss Bank Postfinance to Offer Clients Direct Access to Crypto Market

Swiss post offices banking unit, the state-owned Postfinance, is reportedly preparing to enter the crypto market. “Our clients want direct access to this market through their house bank.Swiss Post Offices Banking Arm to Enter Crypto Market The banking and financial

US Inflation Remains Scorching Hot, Jumping to 9.1% in June — White House Says CPI Data Is Already ‘Out-of-Date’

According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) poročilo, ZDA. inflation remains scorching hot as it has risen at the fastest yearly rate since 1981. junija’s CPI data reflected a 9.1% year-over-year increase, even though a number

Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks

A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries

Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Milijoni strank

Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services in its app. The company explained that these services will include the possibility of purchasing crypto and processing payments with crypto

G20 Watchdog Announces ‘Robust’ Global Crypto Regulation Coming in October

The Financial Stability Board (FSB) says it is working on arobustregulatory framework for crypto assets and will report its recommendations to the G20 finance ministers and central bank governors in October. FSB to Present Robust Crypto Regulatory Framework to

Hongkong bo uvedel licenciranje za kripto platforme prek zakona o preprečevanju pranja denarja

New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the regions anti-money laundering (AML) rules have been submitted to its legislature while a recently published

Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company

On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation causedno losses to Tether.According to the stablecoin issuer, the…

Poročilo: South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M

The South African company behind the so-calledcrypto water tokenis reported to have secured an investment of $150 million from a Bahamas-based digital asset management company, GEM Digital. Initially available on decentralized exchanges only, the H2ON token was recently listed