Search
Citi Predicts Metaverse Could Be $13 Trillion Opportunity With 5 Billion Users
1.4.2022
Citi has predicted that the total market for the metaverse economy could grow to between $8 trillion and $13 trillion by 2030. In addition, the global bank expects that the number of metaverse users could be as many as five billion. The Metaverse Is Potentially an $8 Trillion to $13 Trillion...
Bank of Japan official calls for G7 nations to adopt common crypto regulations
1.4.2022
The Bank of Japan has warned G7 nations that a common regulatory framework for cryptocurrencies needs to be introduced quickly, as current rules do not take into account the potential for digital assets to be used to skirt sanctions
‘No Plan to Issue CBDC’ — Bank of Japan Governor
31.3.2022
Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currency. The remarks come just a few days after the BOJ announced the commencement of the second phase of central bank digital currency experiments. Role of CBDC...
BitMEX CEO, CFO's Bid for German Bank Fails: Report
31.3.2022
The deal, which was expected to complete later this year, was called off by a mutual agreement, according to report
Saxo Bank Ensures Platform Compliance in the Face of FSA Warning
31.3.2022
Saxo Bank, a broker, based in Denmark, put out a statement on Wednesday stating that its platform is completely compliant with European regulatory standards. It also has safeguards in place for transaction reportage. It provides a variety of online trading services to retail and institutional...
Bank of Spain Warns About Risk of Extended Use of Unregulated Cryptocurrencies in the Country
31.3.2022
The deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A climate of change,” Delgado explained that the continued and extended use...
Fintech Platform Nequi Plans to Get Into the Cryptocurrency Business in Colombia
30.3.2022
Nequi, a fintech neobank which allowed Colombian citizens to test all-digital financial services, has announced its plans for expansion after having parted ways with Bancolombia, the bank that gave it its origin. These plans include an entry into the cryptocurrency world while complying with...
Why the rise of a Bitcoin standard could deter war-making
30.3.2022
If nation-states held their reserves in Bitcoin, instead of fiat, they would be less incentivized to go to war, says CSO at the Human Right Foundation, Alex Gladstein
Eldridge, a16z Lead $620M Financing Round for Fintech Cross River Bank
30.3.2022
Coinbase, Stripe, Affirm, and Rock Loans among Cross River’s clients
Central Bank of Sudan Warns of Risks Associated With Cryptocurrency
30.3.2022
The central bank in crisis-stricken Sudan has warned residents dealing with cryptocurrencies that they face numerous risks including loss of value. The warning comes as Sudan is grappling with an economic crisis that worsened after the civilian government was deposed by the military. Sudan’s...
Nasdaq-Listed Microstrategy Obtains $205 Million Bitcoin-Backed Loan to Buy More BTC
30.3.2022
Nasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized loan from Silvergate Bank through a subsidiary to buy more bitcoin. “The interest-only term loan is secured by certain bitcoin held in Macrostrategy’s collateral account.” Company to Use $205M...
MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan
29.3.2022
The price of Bitcoin is $47,806 at the time of publication, making MicroStrategy's current 125,051 BTC holdings worth roughly $6 billion
With inflation going through the roof, Sudan’s central bank cautions citizens against using crypto
29.3.2022
Sudanese financial regulator considers cryptocurrencies to be the source of “high risks" as the demand grows
Vietnamese deputy PM calls for building legal framework for digital assets
29.3.2022
Vietnam has had quite a love and hate relationship with the crypto market, where it has authorized and banned Bitcoin use on numerous occasions in the past
Bosnian court sides with Bitcoin miner in frozen bank account case
29.3.2022
The second-largest Italian bank would have to pay $144 million in compensation to the mining farm, the judge rules
Vietnamese Government and Central Bank Developing Legal Framework for Crypto
29.3.2022
Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice, and Information & Communications to work with the central bank, the State Bank of Vietnam, on the framework. Vietnam Creating Legal Framework...
From taxes to electricity, blockchain adoption is growing in Austria
28.3.2022
The blockchain technology landscape is shifting in Austria, with public institutions and private firms experimenting with the tech
Russia Looks to Bolster its Bitcoin & Crypto Mining Industry Amid War in Ukraine
28.3.2022
Russia appears keen to foster its Bitcoin (BTC) and crypto mining sector – and appears to have assured miners that sanctions, imposed due to Russia's invasion of Ukraine, will not impede their ability to continue mining tokens. However, the long legal struggle for legalization is continuing...
Sudan's Central Bank Warns Against Using Crypto as Economy Suffers: Report
28.3.2022
The central bank said that cryptos carry high risks, which includes financial crimes, piracy and the loss of value
NFTs Could Go Mainstream With Instagram’s Planned Support, Deutsche Bank Says
28.3.2022
Instagram could lower the barrier for entry to the NFT market, the report said