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Owner of Russian bank Tinkoff acquires Swiss digital asset firm
12.1.2022
Russian banks have been increasingly moving into the digital asset market despite the Bank of Russia's hostility toward crypto
Hong Kong Monetary Authority aims to oversee stablecoin reserves
12.1.2022
Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules
Seba Bank raises $119M in Series C funding
12.1.2022
“This funding will allow us to further develop our digital asset banking platform and strengthen our presence in global markets by attracting new talent,” says Guido Buehler, CEO of Seba Bank
Report: Morocco Now North Africa’s Leading P2P Crypto Trading Nation
12.1.2022
In the year 2021, Morocco, which previously announced measures restricting crypto trading, became North Africa’s leading crypto-trading nation after its peer-to-peer (P2P) trade volumes surged to $6 million. Morocco in Africa’s Top Four In 2021, Morocco’s peer-to-peer crypto...
Iran to Permit Use of Cryptocurrencies in International Settlements, Reports Reveal
11.1.2022
Authorities in Iran are preparing to allow the employment of cryptocurrencies for international settlements. According to local media, central bank and government officials have given the green light to adopt a mechanism using digital coins in the field of foreign trade. Businesses in Iran to...
Crypto Paradigm Enters Citadel, JPMorgan Clients on Bitcoin Price + More News
11.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Crypto Paradigm Enters Citadel, JPMorgan Clients on Bitcoin Price + More News
Binance taps former central bank exec to push compliance in CIS and Russia
11.1.2022
Binance makes another major strategic move in one of the world’s biggest cryptocurrency miner regions
Digital Yuan Ready for International Olympic Showcase at Beijing 2022 Games
11.1.2022
China will allow overseas visitors from around the world to use its digital yuan for the first time at next month’s Winter Olympics, the central People’s Bank of China (PBoC) has confirmed.
The PBoC has been working toward a full or partial rollout in time for the games since 2020, when...
Axis Bank issues financial contract on state-backed blockchain platform
11.1.2022
India’s Ministry of Commerce & Industry developed the SLDE platform for transferring documents using blockchain-based security protocols
Yellow Card Announces It’s Resuming Deposits and Withdrawals via the Naira
11.1.2022
Yellow Card has announced the resumption of naira deposits and withdrawals in Nigeria via a statement from the cryptocurrency exchange platform. The move by the company comes almost a year after a central bank directive forced Yellow Card to suspend deposits and withdrawals. CBN’s Growing...
Chinese App Marketplaces Report Massive Growth in Digital Yuan Wallet Downloads
11.1.2022
China is teasing the launch of its digital yuan again, riding a wave of adoption with just weeks to go until the Winter Olympics in Beijing – the event the government hopes will finally allow the central People’s Bank of China (PBoC) to showcase its coin to the world....
Read More: Chinese...
Central bank of Bahrain trials JPMorgan blockchain and token
10.1.2022
Bahrain’s central bank initially announced the JPM Coin trial in May 2021
JPMorgan Shares Predictions on Crypto Markets, Ethereum’s Upgrades, Defi, NFTs
10.1.2022
Global investment bank JPMorgan has published a report on the future outlook of crypto markets, including Ethereum’s upgrades, decentralized finance (defi), and non-fungible tokens (NFTs). The bank sees “the cryptocurrency markets as increasingly relevant to financial...
Social Media Giant Wechat to Support China’s CBDC, Platform Expected to Boost Adoption Rate
9.1.2022
China’s social media giant, Wechat has said it will support the digital yuan in a move that is expected to increase the of Chinese residents that use the central bank’s digital currency (CBDC). Wechat’s support of the digital yuan potentially avails the digital currency to...
Fed’s Outgoing Vice Chair Richard Clarida’s ‘Rebalancing’ Trades Ignite Fed Trading Ethics Scandal
8.1.2022
Members of the U.S. Federal Reserve are getting criticized this week after the central bank published its minutes report from the policy meeting on December 14-15. Following the update, the outgoing vice chair of the Federal Reserve’s trading activities has reignited ethics conversations....
CBDCs in 2022: New Trials and Competition with Crypto
8.1.2022
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Central bank digital currencies (CBDCs) were one of the biggest stories of 2021 as far as blockchain and cryptocurrencies were concerned, even if CBDCs don’t necessarily have anything to do with either blockchain or decentralized cryptocurrencies. Because for each new all-time high...
Goldman Sachs Predicts Bitcoin Could Reach $100K as BTC Continues to Take Gold’s Market Share as Store of Value
7.1.2022
Goldman Sachs has predicted that the price of bitcoin could reach $100,000. The global investment bank believes that bitcoin will continue to take market share away from gold as cryptocurrency adoption grows. Goldman Sachs’ Bitcoin vs Gold Prediction Goldman Sachs analyst Zach Pandl, co-head...
Fed’s Minutes Report ‘Bludgeons’ Global Markets — Stocks, Crypto, Precious Metals Slip in Value
6.1.2022
Minutes from the U.S. Federal Reserve’s policy meeting on December 14-15 show that the central bank is being persistent about unwinding quantitive easing (QE) tactics and that it views ultra-low interest rates as no longer necessary. Global markets immediately dropped after the news...
Top Crypto Concern of Institutional Investors, Ray Dalio on Bitcoin Allocation + More News
6.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Top Crypto Concern of Institutional Investors, Ray Dalio on Bitcoin Allocation + More News
WeChat Pay Interoperability is Another Key Breakthrough for Digital Yuan Pilot
6.1.2022
Payment platform WeChat Pay began its own digital yuan journey, at the time when millions of Chinese citizens are getting their first taste of what life is like with a central bank digital currency (CBDC) – as citizens in some of the country's biggest cities began using a pilot version of a CBDC...