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Hong Kong financial regulator issues guidelines for crypto futures ETFs
31.10.2022
The Securities and Futures Commission hinted it would follow in the CME’s footsteps by only initially allowing listings of ETFs linked to Bitcoin and Ether futures
Mercado Pago Launches Cryptocurrency Trading Services in Mexico
31.10.2022
Mercado Pago, the financial wallet division of Mercado Libre, the Latam e-tail giant, has announced the launch of cryptocurrency trading services in Mexico. The company has already launched this kind of service in Brazil, serving one million customers in the country, allowing them to purchase...
Bank of Thailand Needs More Time to Complete and Launch Retail Digital Currency
31.10.2022
The central bank of Thailand is not going to rush with the launch of its digital currency as it’s not yet sure about the benefits it would bring. According to the head of the monetary authority, the development of the state-issued coin may take several years. Thailand’s Central Bank Wants to Better...
Terrorists are funding their horrible deeds with crypto: UN officials
31.10.2022
Cash and hawala remain the “predominant methods of terror financing,” according to a UN official, however, "advanced" terror organizations are turning to cryptocurrencies
5,000 miles apart: Thailand and Hungary to jointly explore blockchain tech
31.10.2022
The pact between the two nations' financial technology associations will see cooperation on technology, including blockchain, to power their respective financial industries
After Years of Uncertainty, Cryptocurrency Exchanges Can Open Bank Accounts in Chile
30.10.2022
After years of court battles in Chile, a cryptocurrency exchange has managed to open a bank account in Bci, a financial institution that established a protocol to serve these businesses. The first exchange that opened a bank account with the institution was Buda, a local exchange, which satisfied...
Thailand and Hungary Partner to Promote Blockchain Tech in Financial Sector
30.10.2022
Industry associations from Hungary and Thailand plan to cooperate on implementing blockchain technologies in the financial services sector. The two sides hope to share experience and produce ideas for alternative services as part of their new partnership. Thailand and Hungary Announce Blockchain...
Fidelity: 74% of Institutional Investors Surveyed Plan to Invest in Digital Assets
30.10.2022
A new study by Fidelity Digital Assets, a subsidiary of financial giant Fidelity Investments, shows that 58% of institutional investors surveyed invested in digital assets in the first half of this year and 74% plan to invest in the future. Fidelity’s Institutional Investor Digital Assets...
US Lawmakers Probe SEC, Treasury, Federal Reserve Over Revolving Door With Crypto Industry
30.10.2022
U.S. lawmakers have raised concerns about the revolving door between financial regulators and the crypto industry. “Over 200 government officials have moved between public service and crypto firms,” the lawmakers said, adding that they include 31 Treasury Department officials and...
Nigerian Central Bank Says It Will Release New Banknotes in December — Naira Falls to New Low
29.10.2022
Starting December 15, Nigerians will be using newly-designed 100, 200, 500 and 1,000-naira banknotes, the governor of the Central Bank of Nigeria (CBN) has said. The announcement has since resulted in the naira’s parallel market exchange rate versus the U.S. dollar dropping to a new low...
Is Credit Suisse a Canary in the Financial Industry Coal Mine?
28.10.2022
Though recent flubs dominate headlines, the Swiss bank’s real mistake may have been trying to compete with Wall Street in the first place
Hodlnaut Judicial Managers Say They Face Hurdles in Determining Financial Situation
28.10.2022
The company's records were not properly maintained, the managers said in a report to the Singapore court and the company's creditors
Majority of Voters Want More Crypto Regulation — See Digital Assets as Long-Term Part of Economy, Survey Shows
28.10.2022
A new survey shows that a majority of likely voters want more crypto regulation. “Our national survey shows voters believe in the promise of digital assets and see it as a long-term part of the economy and their financial future,” said the Crypto Council for Innovation. Voters Want More...
CFTC Commissioner Compares Crypto Market Crash to 2008 Global Financial Crisis – More Regulation Coming?
28.10.2022
The current crypto market downturn is comparable to the 2008 global financial crisis, and more regulatory oversight is needed, according to Christy Goldsmith Romero, commissioner of the Commodity Futures Trading Commission (CFTC)....
Read More: CFTC Commissioner Compares Crypto Market Crash to 2008...
Charles Schwab: Cryptocurrency Is a Top Method for Retirement Savings
28.10.2022
A study published by financial giant Charles Schwab shows that cryptocurrency is a top method for retirement savings. “Gen Z and millennial workers are more likely to also invest in cryptocurrency, real estate, annuities, and small businesses, unlike older generations.” Crypto...
CFTC commissioner compares crypto contagion risk to 2008 financial crisis
28.10.2022
The commissioner warnes that vulnerabilities seen within the crypto markets are similar to those seen during the global financial crisis and calls for the agency to be given additional authority
US currency comptroller to up its game with new Office of Financial Technology in 2023
27.10.2022
The OCC said it will incorporate its six-year-old Office of Innovation into a new agency that will help it deepen its understanding of fintech and promote responsible innovation
Utrust and Lugano Are Bringing Crypto Payments to an Entire City
27.10.2022
PRESS RELEASE. October 27th, Lugano Switzerland — The city of Lugano is the largest city in the canton of Ticino, Switzerland. They are also the economic capital of Southern Switzerland, strategically located between the metropolitan areas of Milan and Zurich. Part of Lugano’s appeal as a vibrant...
Core Scientific reveals financial distress in SEC filing, says its end may be near
27.10.2022
The Bitcoin miner says low BTC and high electricity rates and Celsius’ refusal to pay its bills could be its undoing; the company’s BTC holdings have dropped from 8,058 in May to 24 now
Does the IMF have a vendetta against cryptocurrencies?
27.10.2022
Is the multilateral lending institution throttling useful DLT experiments in the developing world, or is it saving crypto from itself?