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Banking Giant Sberbank May Launch Token, Digital Asset Trading Platform


Source: iStock/-lvinst- Leading Russian lender Sberbank has hinted that it is on the verge of issuing its own cryptoasset and will seek to launch a blockchain-based platform that will enable its customers to buy digital financial assets. The token will be named Sbercoin, and Herman Gref, President...

Yacht Sale Shows Luxury Goods May Benefit from Bitcoin Price Surge


The purchased 52′ Lagoon catamaran. The global luxury goods market is just one of those that have been hit hard by the coronavirus pandemic this year. But with bitcoin (BTC) experiencing a period of growth this year, it appears that crypto investors who have struck it rich in the latest bull...

Cryptocurrency and Safety Money, Bitcoin Vault Breaks Stereotypes


Cryptocurrency theft has boomed over the past couple of years and this is no hoax. Over USD 1.40 billion was stolen in the first five months of 2020. If thefts continue to rise at this rate, 2020 may well become the second-costliest year in the history of crypto – lagging slightly behind last...

South Korean Crypto Tax May Be Delayed after Parliamentary Intervention


South Korean crypto investors could receive a welcome stay of execution from new crypto taxes – with parliamentarians pushing Seoul to postpone a much-maligned crypto tax reporting act. Per the Dong-a Ilbo, a leading South Korean parliamentary committee has made a late intervention in the matter...

US Banks Face a Massive Commercial Real Estate Crisis Looming on the Horizon


Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real estate in their portfolios may see a significant fallout in the next...

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