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Russia’s Exved Launches Cross-Border Payment Service Powered By Tether’s USDT Stablecoin
7.12.2023
Source: Adobe Russian digital settlement exchange Exved has officially debuted with the goal of empowering local legal entities to conduct cross-border digital payment services using Tether’s USDT. Russia's Exved platform launches as one of the first cross-border payment solutions...
Do Kwon to be Extradited to the United States: Report
7.12.2023
Terraform Labs’ founder, Do Kwon, is set to be extradited to the U.S. following months of speculation, according to a report from the Wall Street Journal released Thursday. “Not excluding that kind of possibility” Kwon has been imprisoned in Montenegro since authorities caught...
Robinhood Launches Commission Free Crypto Trading App in EU
7.12.2023
Source: Adobe Robinhood is expanding its services in the European Union (EU) by launching commission-free crypto trading. The move comes just a week after the company made its international debut with stock-broking services in the UK. The Robinhood app, set to go live on Thursday, will enable...
Coinbase Wallet Launches Global Money Transfers With Link-Based Payments
6.12.2023
Coinbase has unveiled a new feature to its wallet service, streamlining international fund transfers. This new update aims to make the transfer of funds as effortless as sending a text. Coinbase Unveils Link-Based Money Transfer Service Coinbase (Nasdaq: COIN) has launched its latest wallet feature...
mBit Review, Bonuses & Promo Codes 2023
6.12.2023
mBit Casino is an international crypto casino offering around 6,000 games. Besides a plethora of casino games, the platform boasts lots of promotions, a loyalty program, and mBit casino Races, daily competitions with rewards for the first 100 players on the leaderboard. More than that, you...
New Features in Coinbase Wallet Simplify International Money Transfers – Crypto Adoption on the Rise?
6.12.2023
Source: Marco Verch Professional Photographer on Flickr-CC Coinbase Wallet is introducing enhanced features to facilitate seamless, cost-effective, and rapid international money transfers, potentially contributing to increased crypto adoption. According to an announcement from Coinbase from...
South Korean Customs Service Swoops on Int’l ‘USDT-Gambling Ring’
6.12.2023
Source: Tatyana Maksimova/Adobe South Korean law enforcers are continuing to crack down on crypto-powered crime, with customs officials shutting down a suspected international gambling ring that used USDT. According to the broadcaster KBS, officers arrested seven people in raids, with one remanded...
Belarus Wants to Use Its CBDC to Evade Sanctions
6.12.2023
Source: christophe/Adobe Belarus wants to accelerate the launch of its CBDC as it looks to evade US and EU-led sanctions and let its firms trade with international partners. Per Belarus’ Ekonomicheskaya Gazeta, President Alexander Lukashenko could issue a CBDC-related verdict in the coming days....
Financial Giant ING Expects Fed to Cut Rates From Second Quarter Onwards
5.12.2023
Financial giant ING has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. “We are currently forecasting 150bp of rate cuts in 2024 with a further 100bp in early 2025,” ING’s chief international economist detailed, noting that U.S. economic data...
More Hong Kong Banks Set to Join Digital Yuan Pilot, Gov’t Confirms
1.12.2023
Source: dmitriy/Adobe Hong Kong’s government says more banks based in the country are preparing to join Mainland China’s digital yuan pilot. Mainland China’s central bank, the People’s Bank of China (PBoC), wants to expand its CBDC’s cross-border applications. And it seemingly wants even more...
Project Tourbillon: CBDCs Can Meet Privacy Requirements, BIS Research Reveals
29.11.2023
Source: AdobeStock / Proxima Studio The Bank for International Settlement (BIS) has released the final report on Project Tourbillion, its privacy-inclined Central Bank Digital Currency (CBDC) project. A Nov 29 release shows a pathway to achieving privacy standards in CBDC deployment and usage with...
Flush Casino Review, Bonuses & Promo Codes 2023
29.11.2023
Boasting a selection of over 5,500 casino games from 35+ providers, Flush Casino is one of the biggest names in the crypto sphere. The international site is crypto-exclusive and comes with a constant influx of promotions. On the surface, this seems like a fantastic gambling platform, but I am here...
Standard Chartered Bank Begins Offering Digital Yuan Exchange Services in China
29.11.2023
Standard Chartered Bank (China) has become one of the first foreign banks to participate in China’s central bank digital currency (CBDC) pilot. The bank explained that as an international bank rooted in the Chinese market for 165 years, Standard Chartered is optimistic about the development...
Additional Regulations May be Needed to Prevent Another FTX Style Catastrophe, FSB Report
28.11.2023
Additional regulation may be needed to prevent another FTX-style collapse according to a new report from the Financial Stability Board (FSB) released Tuesday, November 28th. The report’s goal The international financial monitoring body’s report particularly focuses on multifunction crypto-asset...
HSBC, Hang Seng Join China’s Digital Yuan Pilot
28.11.2023
Source: Eagle/Adobe The international banking giants HSBC and Hang Seng Bank have joined China’s digital yuan pilot. 21st Century Business Herald reported that a group of “four foreign banks” have “officially announced the launch of digital yuan business.” HSBC’s Chinese arm confirmed...
Amnesty International head says AI innovation vs regulation is 'false dichotomy'
28.11.2023
Amnesty's secretary-general said the EU has a chance to lead with new AI regulations and member states shouldn’t “undermine” the forthcoming AI Act
BIS General Manager Agustin Carstens Touts Tokenization as Part of the Future Financial System
25.11.2023
Agustin Carstens, general manager of the Bank for International Settlements (BIS), has discussed tokenization’s significance in modernizing the current siloed financial system. Carstens stated that only through tokenization can the world move to a more interconnected and programmable...
Indian Airport Threatened With Bomb Blast if $1M Bitcoin Not Paid in 48 Hours
24.11.2023
Source: Pexels Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) in India received a bomb threat on Thursday, with an anonymous sender demanding $1 million in Bitcoin (BTC) within 48 hours. The threatening email, originating from the address quaidacasrol@gmail.com,...
Gold Smugglers in Nepal Caught Exchanging 33kg of Gold for Tether USDT Stablecoin
23.11.2023
Source: AdobeStock / Krakenimages.com An international, organized criminal network has been busted for gold smuggling and using the tether (USDT) stablecoin in its $16 million-worth illegal operations. According to the local media report by The Rising Nepal, the group managed to smuggle 33 kg...
Binance Will Retain Its International Dominance After U.S. Settlement: Bernstein
22.11.2023
The deal also removes the final hurdle before approval of a spot bitcoin ETF, the report said