Search Results for: US Bank

China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports Reveal

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Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of government agencies are working together to prevent the use of the…

Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document

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The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, država’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent…

Global Investment Bank Morgan Stanley Launches Dedicated Cryptocurrency Research Team

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Global investment bank Morgan Stanley is establishing a new cryptocurrency research team. “The launch of dedicated crypto research is in recognition of the growing significance of cryptocurrencies and other digital assets in global markets,” the bank said. Morgan Stanley Sets Up…

Regulatorna prenova FSC naj bi se ustavila 40 Kripto borze v Južni Koreji

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A new regulatory overhaul could put 40 izven 60 exchanges out of business in South Korea after the firms are expected to fail to meet the conditions that are being proposed by the Financial Services Commission (FSC). This action might…

Največja banka v Salvadorju zdaj sprejema Bitcoin kot plačilo za finančne produkte

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Bancoagricola, the biggest bank in El Salvador, is now accepting bitcoin to pay for debts originated from the use of its instruments, according to a PR statement. The institution partnered with Flexa, a payments network, to include cryptocurrency capabilities in its…

Crypto Mining Should Be Registered and Taxed in Russia, Financial Market Committee Chair Says

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Cryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital currency regulations need refinement. Amendments Likely to Affect Mining, Taxation, Definition of…

BIS poziva centralne banke, naj nujno razvijejo CBDC za konkurenco kriptosredstvom

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The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies (CBDC) to compete with initiatives in the private sector, vključno s kriptovalutami. “CBDCs will take years to…

Zimbabvejski minister pravi, da bi rešitve, ki temeljijo na kriptovalutah, "lahko znižale stroške za nakazila diaspore"

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The Zimbabwean minister of finance, Mthuli Ncube, has once again talked up the potential advantages of using cryptocurrencies. In new comments made shortly after visiting the DMCC Crypto Centre in Dubai, Ncube raises the possibility that the country might use cryptocurrency-based…