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G20 Starts Crypto Discussions – A Look at Global Standards


Finance ministers and central bank governors from the G20 countries have gathered this weekend for a two-day meeting ahead of the G20 summit, and cryptocurrency is among the topics of discussion. Global standard-setting bodies have submitted their policies and provided tools to help the member...

Tax Crackdown on Crypto: 60 Targets, 'Global' Institution Involved


International coalition against crypto tax criminals, J5, is working on 60 investigations, while at least one "global financial institution" and its intermediaries are being targeted among others, a member of J5, the Australian Taxation Office (ATO), confirmed. The ''global" institution and...

Global Outlook Cut Down To Decade Low By World Bank As Trade Nosedives


The trading sentiment at a global level has been at one of its lowest ebbs for quite some time, and perhaps the primary trigger for that has been trading war between the United States and China. When the two biggest economies in the world are involved in a trade war, then it is certain...

Anypay and Cointext Launch BCH-Powered Remittance Solution for Merchants


On June 3, crypto startups Anypay and Cointext debuted a global remittance application for independent merchants. The new payment solution utilizes bitcoin cash (BCH) and allows anyone from anywhere to send funds faster and cheaper than traditional remittance platforms. Also read:...

Markets Update: Cryptocurrency Prices See a Slight Correction


Cryptocurrency prices have corrected over the last 24 hours as most digital assets have dropped in value between 6-10% since June 2 at around 6:45 p.m. EST. At press time the entire cryptoconomy is valued at $250 billion with about $80.5 billion in global trades in the last day. Also read:...

Morgan Stanley Predicts Recession Within a Year if Trade War Drags On


The prolonged trade war between the United States and China has been one of the most damaging diplomatic and economic developments over the past few months. Despite the hope that the issue was going to be resolved, all talks broke down last month and soon enough, the problem escalated...

Facebook in Talks With Another Top Regulator Over its 'GlobalCoin'


Social media giant Facebook is in “very early stages of conversations” with the U.S. Commodity Futures Trading Commission (CFTC) over its digital coin, Christopher Giancarlo, the outgoing head of the CFTC, told the Financial Times. These talks should help clarify whether the company’s plans for...

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