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Meta SEC filing reveals debt securities offering plans
1.5.2023
The Facebook parent company filed a prospectus that says it may offer and sell debt securities from time to time
Latam Insights — Steve Hanke Advocates Dollarization in Argentina, Bitcoin City Plans Unclear in El Salvador, Sunacrip Implicated in Venezuela Layoffs
1.5.2023
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, economist Steve Hanke calls to dollarize Argentina, Bitcoin City plans are still not formalized in El Salvador, and Venezuelan crypto watchdog...
‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says
1.5.2023
Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing crypto in foreign trade transactions, he indicated....
JPMorgan Pursues Tokenization Plans Despite Crypto Downturn and Regulatory Hurdles
28.4.2023
Major Wall Street investment bank JPMorgan is moving forward with its push to tokenize traditional financial assets despite last year’s market downturn.
According to Tyrone Lobban, the head of JPMorgan’s digital asset and tokenization platform Onyx, the bank has already processed close to $700...
Systemic Swiss Banks Not Ready for Crisis, Regulator Says
28.4.2023
Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority viewed the troubled giant’s preparedness in positive terms. 2 Swiss Banks...
Bitcoin Could Be 'Great' Investment for IRA or 401K Plans
27.4.2023
Retirement accounts offer tax-free crypto investing forever and provide an effective way to lower overall portfolio risk said ForUsAll CEO David Ramirez
China Pushes Digital Yuan for Wage Payments in Changshu
25.4.2023
Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the digital currency, which has been included...
Stablecoin payments: Visa shares plans for ‘ambitious’ crypto product
25.4.2023
Visa’s upcoming crypto product is designed to drive mainstream adoption of public blockchain networks and stablecoin payments
Zimbabwe's Central Bank Plans Gold-Backed Digital Currency to Stabilize Local Economy
24.4.2023
The central Reserve Bank of Zimbabwe (RBZ) plans to introduce a gold-back digital currency, meant to be used as legal ledger within the country.
The new currency will be used for transactions within the South African nation as part of its plans to stabilize the local currency, The Sunday Mail...
Crypto Exchange Gemini Ventures Outside The US With Plans For Derivatives Platform
22.4.2023
Despite an ongoing legal tussle with US authorities, Winklevoss Twins-owned crypto exchange Gemini has announced the launch of a crypto derivatives platform.
The new platform will only cater to crypto derivatives traders outside the North American nation.
In an April 21 blog post, the Gemini...
Crypto Trading Legend’s Next Move Is Bringing U.S. Treasurys to Crypto, With Plans for Corporate Bonds, Too
21.4.2023
Ukraine plans to adopt EU’s new cryptocurrency regulations
21.4.2023
Immediately after passing the European Parliament, Ukrainian authorities announced plans to adopt the EU's MiCA regulations on crypto assets
Gemini flags ‘big plans’ for Asia with India hub and regional CEO
21.4.2023
The exchange reports its new Indian engineering hub will be second in size behind its hub in the United States
Deribit plans to expand its offerings with Spot Trading at zero fees
20.4.2023
Deribit has announced plans to expand its offerings by introducing Spot Trading at zero fees starting April 24, 2023, at 1 pm UTC. There will be no fee on the taker and maker, allowing users to seamlessly buy and sell their assets while managing risk via derivatives. The three pairs that...
Sotheby’s to Auction 3AC’s NFT Collection, Including Larva Labs’ Zombie Punk and Dmitri Cherniak’s ‘Golden Goose’
20.4.2023
On Wednesday, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced its plans to auction a number of non-fungible token (NFT) assets that were previously owned by the now-defunct crypto hedge fund Three Arrows Capital (3AC). The auction, called...
Coinbase gets Bermuda license, reportedly plans launch of offshore exchange
20.4.2023
It's reported the U.S.-based crypto exchange is planning to quickly launch a derivatives exchange based in the island nation
Russia Plans to Mine Crypto for Cross-Border Deals, Says Central Bank
19.4.2023
Bank of Russia is planning to allow mining and using cryptocurrencies for cross-border trade, the regulator said
EU Lawmakers Skeptical on Digital Euro Plans
19.4.2023
Members of the European Parliament seem nonplussed as they are set to consider legislation for a central bank digital currency
Elon Musk reportedly plans AI start-up to rival ChatGPT-maker OpenAI
15.4.2023
While Musk left the board of OpenAI in 2018, the launch of the new AI start-up will place Musk among other tech giants such as Google and Microsoft to build the next-gen AI
NovaWulf Plans to Tokenize Equity of Celsius’ New Firm With $2B Assets, After Takeover
14.4.2023
Celsius Network contacted 130 interested parties and signed non-disclosure agreements with 40, before choosing NovaWulf