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Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF
27.3.2024
Asset Manager VSFG, together with its partners, Value Partners, have applied for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong's Securities and Futures Commission (SFC), its Head of Investment & Products Brian Chan told CoinDesk on Wednesday
Pakistan Faces IMF Pressure to Tax Crypto and Real Estate
18.3.2024
The International Monetary Fund (IMF) has stipulated that Pakistan's Federal Board of Revenue (FBR) must levy a capital gains tax (CGT) on cryptocurrency investments
The post Pakistan Faces IMF Pressure to Tax Crypto and Real Estate appeared first on Cryptonews
Hong Kong Gears Up for e-HKD: Phase Two Pilot Seeks CBDC Use Cases
15.3.2024
Hong Kong's central bank, the Hong Kong Monetary Authority (HKMA), announced today the launch of the second phase of its e-HKD pilot program.
The post Hong Kong Gears Up for e-HKD: Phase Two Pilot Seeks CBDC Use Cases appeared first on Cryptonews
Andorra Receives Technical Assistance From IMF on Bitcoin Transactions
14.3.2024
The International Monetary Fund (IMF) has issued technical guidance, charging Andorra with tracking and recording Bitcoin transactions. This follows the European country's seeking guidance from the IMF.
The post Andorra Receives Technical Assistance From IMF on Bitcoin Transactions appeared first...
Hong Kong Monetary Authority Launches Stablecoin Issuer Sandbox
14.3.2024
On March 12, the Hong Kong Monetary Authority (HKMA) launched what is known as the stablecoin issuer sandbox arrangement. The HKMA stated that applicants interested in establishing a stablecoin business in Hong Kong should have a sound business plan. The regulator also clarified that admission into...
Crypto Exchange OKX Granted In-Principle Approval to Offer Services in Singapore
13.3.2024
Crypto exchange OKX said Wednesday that it received in-principle approval for a digital asset license from Singapore's central bank. This marks a significant step towards achieving full regulatory compliance in the country.
The post Crypto Exchange OKX Granted In-Principle Approval to Offer...
Hong Kong’s Central Bank Announces New Wholesale CBDC to Support Tokenization Market
7.3.2024
Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money," HKMA said
European Crypto Exchange Bitstamp Receives In-Principle Approval in Singapore
6.3.2024
Bitstamp describes itself as the "first crypto exchange with major European Union (EU) presence to secure in-principle approval in Singapore."
Fidelity Director: Bitcoin Market Cap Could Reach $6 Trillion, a Quarter of ‘Monetary Gold’ Market
23.2.2024
Fidelity's Director of Global Macro Jurrien Timmer has suggested that Bitcoin (BTC) has the potential to achieve a market value equivalent to a quarter of the "monetary gold" market, reaching an impressive $6 trillion.
The post Fidelity Director: Bitcoin Market Cap Could Reach $6 Trillion,...
Hong Kong's Central Bank Issues Guidance for Firms Offering Crypto Custodial Services
20.2.2024
Hong Kong's central bank issued guidance for authorized institutions interested in providing custody services for digital assets
Edward Snowden Calls Bitcoin ‘Most Significant Monetary Advance Since the Creation of Coinage’
20.2.2024
Edward Snowden, a privacy advocate and former National Security Agency (NSA) contractor and whistleblower, says bitcoin “is the most significant monetary advance since the creation of coinage.” He views his statement as “unpopular but true.” Edward Snowden’s...
Edward Snowden Calls Bitcoin the “Most Significant Monetary Advance Since The Creation of Coinage”
19.2.2024
Whistleblower Edward Snowden ignited controversy with his claim that Bitcoin represents the most significant monetary advance since the creation of coinage. His views sparked heated debate surrounding Bitcoin's role in finance and its relationship to government regulation.
The post Edward Snowden...
U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength
15.2.2024
Crypto critics often warn of digital currencies' potential to destabilize the U.S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins' dependence on the dollar could actually strengthen the U.S. fiat currency as decentralized finance (DeFi) catches on
Egypt Aims to Ease Pressure on Forex Reserves via $1 Billion Treasury Bill Auction
6.2.2024
Barely a month after raising $850 million from an auction of dollar-denominated treasury bills, the CBE was reportedly poised to raise $1 billion via similar instruments. The decision to hike overnight interest is said to be part of the central bank’s ongoing efforts to stabilize Egypt’s...
El Salvador Stands Firm on Bitcoin, Defying IMF’s Renewed Call to Drop BTC as Legal Tender
4.2.2024
El Salvador has reaffirmed its commitment to embracing bitcoin despite the International Monetary Fund’s repeated calls for the country to drop the cryptocurrency as legal tender. The Salvadoran vice president emphasized that not only will El Salvador’s bitcoin law be maintained...
Pandoshi Poised for Significant Growth Similar to Polygon (MATIC) in 2024
3.2.2024
  Pandoshi (PAMBO) is an emerging crypto project that aims to champion decentralization, privacy, and monetary freedom. With an ecosystem of decentralized products, Pandoshi seeks to emulate the meteoric growth seen by Polygon (MATIC) in 2021. An Introduction to Pandoshi Inspired by Satoshi...
Bitcoin Price Whipsaws Around $43K After Blockbuster US Jobs Report – Where Next for BTC?
2.2.2024
The Bitcoin bulls and bears are in a battle for supremacy in wake of the latest blockbuster US jobs report, with the Bitcoin price swinging on either side of the $43,000 level as traders assess the outlook for US monetary policy this year, and the potential impact on crypto. The Bitcoin price...
El Salvador President Nayib Bukele Eyes Bitcoin-Backed Bonds, Bitcoin Cities in Re-election Bid
1.2.2024
El Salvador’s President Nayib Bukele intends to push forward with his plans for Bitcoin if he secures a second term in the upcoming election. Despite pressure from the International Monetary Fund (IMF) to reconsider the country’s adoption of Bitcoin as legal tender during loan...
Bitcoin Heads Towards Fifth Consecutive Monthly Gain, Longest Winning Streak Since Pandemic
30.1.2024
Bitcoin is poised to achieve its fifth consecutive monthly gain, marking its longest winning streak since the pandemic-induced rally fueled by accommodative monetary policies. In January, Bitcoin (BTC) experienced notable price swings, driven by the introduction of the first US spot Bitcoin...
ECB Staff Unhappy With Christine Lagarde’s Leadership, Survey Shows
27.1.2024
A survey of European Central Bank (ECB) staff has revealed widespread dissatisfaction with President Christine Lagarde’s leadership. More than half of the respondents rated Lagarde’s performance as “very poor” or “poor.” Some expressed concerns that the former...