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Brazil proposes to ban stablecoin withdrawals to self-custodial wallets
2.12.2024
Brazil, the second-largest market for stablecoin transactions, could be set to ban stablecoin withdrawals to self-custodial wallets like MetaMask
DeFi on the way to having ‘bank-like’ financial products — Mercuryo CEO
2.12.2024
Mercuryo CEO Petr Kozyakov said many consumer apps would emerge before widespread institutional adoption comes to DeFi
Hong Kong central bank to subsidize companies issuing tokenized bonds
29.11.2024
Hong Kong’s government already issued $100 million in tokenized green bonds on Feb. 16 under its Green Bond Programme
Partior Series B funding reaches $80M on Deutsche Bank investment
28.11.2024
Deutsche Bank joins fellow investors Peak XV Partners, JP Morgan, Jump Trading Group, Standard Chartered, Temasek and Valor Capital Group
Hong Kong proposes tax breaks to attract crypto hedge funds, investors
28.11.2024
Hong Kong’s move to exempt crypto gains from taxes targets hedge funds and family offices, boosting its competitiveness
Deutsche Bank Invests in Blockchain Payment Network Partior
27.11.2024
Deutsche Bank joined Partior's Series B funding round as a strategic investor.Partior raised a total of $80 million in the round.Other investors in the blockchain-based clearing firm include JPMorgan, Jump Trading and Standard Chartered
Rwanda Preparing to Regulate Cryptocurrencies: ‘Cannot Get Rid of Them,’ Says Governor
27.11.2024
Rwanda is preparing to regulate cryptocurrencies in early 2025, the governor of the central bank has said. Central Bank Head Warns of Unregulated Crypto Rwanda is poised to implement regulations governing the use and trade of cryptocurrencies, according to John Rwangomba, governor of the National...
Digital money lag threatens international security
26.11.2024
Central banks face mounting pressure to innovate, or risk falling behind in the digital currency race, with implications for national security and financial stability
Central Bank of Iran promises CBDC launch, fintech to fight sanctions
26.11.2024
The digital rial is being developed for retail purposes so far, but the integration of Iranian payment systems with Russia may foil US sanctions.
Morocco Drafts Regulations for Crypto, Central Bank Governor Says
26.11.2024
Morocco has drafted regulations for the crypto sector, its central bank's head said.The country will also continue to explore whether or not central bank digital currencies can contribute to the country's policy objectives
Morocco central bank to legalize all cryptocurrencies: Report
26.11.2024
Increasingly more countries are preparing crypto regulatory frameworks inspired by Europe’s upcoming MiCA regulations
Digital Assets Platform Nexo Introduces USD, EUR, and GBP Fiat Accounts
26.11.2024
Nexo, a digital assets wealth platform, has announced the launch of personal USD, EUR, and GBP fiat accounts. This new offering provides clients in over 150 countries with a seamless way to conduct bank transfers directly in their name, enabling efficient multi-currency management within a single...
Iran’s Digital Rial Near Launch, Central Bank Signals Progress
26.11.2024
Iran’s central bank signals the imminent launch of the digital rial, a central bank digital currency (CBDC), to streamline payments and bolster international financial integration despite sanctions. Iran’s Central Bank Sends Clear Signals on the Digital Rial Breakthrough Central Bank of Iran (CBI)...
Largest Digital Bank in Hong Kong to Offer Bitcoin Trading to Retail Users
26.11.2024
ZA Bank combines traditional banking with digital assets to offer cryptocurrency services to retail users. Bitcoin Trading for Retail Customers in Asia Zhong An (ZA) Bank, a digital bank in Hong Kong, has declared that it has become the first bank in Asia to provide retail customers with bitcoin...
Singapore Gulf Bank seeks $50M to fund stablecoin firm acquisition
25.11.2024
Singapore Gulf Bank looks to sell equity stakes to fund product expansion and a 2025 stablecoin payments acquisition
Bitget Now Supports Bank Transfers in Vietnam via QR Codes
25.11.2024
Bitget has announced its integration of bank transfers in Vietnam through QR codes, making it the first exchange to adopt this payment method. This new feature allows users to deposit Vietnamese Dong (VND) and withdraw funds seamlessly, enhancing accessibility to the crypto market. By utilizing...
Hong Kong’s largest digital bank launches retail crypto trading
25.11.2024
Retail users in Hong Kong can now buy Ether and Bitcoin through Hong Kong’s largest virtual bank, however, they need an account and to undergo a risk assessment first.
Hong Kong’s ZA Bank Launches Bitcoin and Ethereum Trading on App
25.11.2024
Hong Kong’s ZA Bank will provide trading of two cryptocurrencies, Bitcoin and Ethereum, in Hong Kong dollars and…
Reserve Bank of India expanding cross-border payments platform
24.11.2024
According to the Atlantic Council, 134 countries are currently exploring CBDCs in different phases — including every G20 country
Bitcoin Open to a Bank Run, Smaller Parties Vulnerable to Death Spiral Event
23.11.2024
Justin Bons, founder and CIO of Cybercapital, a European cryptocurrency fund, alerted about the vulnerability of smaller parties in the case of a bitcoin bank run. A price drop event would trigger the hypothetical event, forcing miners to shut down their operations due to unprofitability...