Friday, January 15, 2021

Cryptocurrency

China’s national blockchain project to pilot integration with global CBDCs.

According to a recent blog post, China's national blockchain project is looking to build a universal digital payment network, or UDPN, based on CBDCs of...

Lawmakers introduce a crypto anti-terrorism bill in the US House of Representatives.

A bipartisan group of representatives has introduced a bill to the House that seeks to create a task force focused on combating terrorist financing...

After Coinbase, Winklevoss Twins are considering to go public with Gemini.

According to the Bloomberg report, Bitcoin billionaires Cameron and Tyler Winklevoss said they're considering taking Gemini Trust Co. public amid the resurgence of interest...

Major UK banks are reportedly shutting down deposits from crypto exchanges.

According to recent local reports, banks such as HSBC have already introduced measures that prevent transfers from cryptocurrency exchanges to their accounts, effectively preventing speculators...

Russian banks are worried that digital ruble might be vulnerable to illicit activities.

According to several local financial institutions, Russia's central bank digital currency, or CBDC, could contain a number of risks related to cybersecurity and fraud....

New Zealand’s Financial Markets Authority issues a warning against cryptocurrency

New Zealand's Financial Markets Authority (FMA) has issued a warning against cryptocurrencies. The financial regulator mentioned that digital currencies are not currently regulated in...

South Korean government plans to implement a 20% tax on crypto earnings in 2023.

South Korean Ministry of Economy and Finance has recently issued an amendment to enforce a 20% tax rate on cryptocurrency investors on annual profits...

Bitcoin briefly touches $38,000 as crypto market value surpasses over $1 trillion for the first time.

Bitcoin continues to strengthen its winning rally. Within hours of Bitcoin breaching the $37,000-mark, the world’s largest cryptocurrency went past the $38,000-mark, recording yet...

Blockchain.com becomes the latest exchange to delist XRP as Ripple’s woe increase.

Popular wallet provider and crypto trading platform Blockchain.com has announced to delist the cryptocurrency XRP and suspending its trading next week, following in the...

UK FCA’s crypto derivatives ban comes into effect.

The crypto ban introduced by the U.K.'s Financial Conduct Authority (FCA) in October 2020 comes into effect on January 6, 2021. The U.K.'s financial...

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