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Swiss Financial Regulator Expands Reporting Requirements for Cryptocurrency Tran...
The Swiss financial regulator said it would apply a threshold of 1,000 Swiss francs - roughly $997 at press time - for virtual currency transactions in cash or other anonymous means of payment.According to FINMA, the regulator made the adjustment in accordance with the country's Anti-Money Launderin...
crypto (NFT)
The economic growth of the Eurozone could be null for the last quarter of the ye...
Senior market analyst for eToro, has shared regarding the latest inflation data in the Eurozone, and its GDP for the third quarter of the year.Carrying out such action would represent a complex issue right now because the impact of the measures would not be seen for now.In the current scenario, Moli...
crypto (NFT)
India's Finance Minister Says His Country Wants To Develop Cryptocurrency Perfor...
Sitharaman has previously called for a global collaboration to decide the future of cryptocurrencies and has been cautious about the adoption of cryptocurrencies in general, citing risks to financial stability. That cryptocurrency will also be part of the India thing (the agenda during the G20 ...
crypto (NFT)
It's time for the feds to define digital products
In our opinion, many digital tokens are properly characterized as digital products and not as securities. However, there is no unified federal regime for cryptocurrency exchanges that trade as digital products.To create one, Congress must pass legislation that clearly defines the term digital c...
crypto (NFT)
A US CBDC would not improve the things the world loves about US fiat currency.
CBDCs and national security dovetail, Waller said. The undisputed primacy of the US dollar in the world brings benefits to the United States and to other countries where the dollar plays a role in their economies or as a reserve currency.According to the governor of the United States Federal Reserve...
crypto (NFT)
Huobi Global's majority shareholder to sell its entire stake to About Capital
The exchange stated that the core business and operations management teams would not have any impact due to the transition.About Capital intends to further Huobi's international brand promotion and business expansion initiatives.Transaction for undisclosed amount crowns About Capital as Huobi's new ...
crypto (NFT)
A Crashing Stock Market Could Create Profitable Opportunities for Bitcoin Trader...
Investors fear that the profitability of companies will begin to deteriorate. Furthermore, persistent inflation continues to force companies to cut back on hiring and adopt cost cutting measures.Some of the world's largest companies are expected to present their second-quarter results in October.Tec...
crypto (NFT)
JPMorgan CEO feels threatened by payment systems disruption
O'Leary made his comments after Dimon declared himself a huge skeptic about cryptocurrency tokens, which you call currency, like Bitcoin, referring to them as decentralized Ponzi schemes in his testimony before Congress. the United States last week.O'Leary explained that friction is one of the main ...
crypto (NFT)
Coinbase Enters the Netherlands with Central Bank Approval
Coinbase officially announced on Thursday that it had received the De Nederlandsche Bank - DNB registration.United States-based cryptocurrency exchange Coinbase continues its aggressive expansion in Europe, with the latest regulatory approval coming from the country of tulips.The central bank of the...
crypto (NFT)
ePayments closes due to tightening of FCA anti-money laundering regulations
The financial services provider was one of the UK's largest electronic payment providers.ePayments issued email notices to its customers on Tuesday, stating that it is officially closing its business operations in light of local regulations.However, almost three years ago, the UK Financial Conduct A...
crypto (NFT)
Multi-Signature Wallet Tornado Cash Dissolves Amid US Sanctions
The Tornado Cash community created a fund to incentivize the main collaborators of the project. The fund was held in a community managed multi signature wallet with five members chosen by their peers validating transactions and selected for their contributions to the project.After the United States ...
crypto (NFT)
Venezuelan banks now allow immediate bank transfers
Users of banks that have enabled this functionality - Banesco, Banco Fondo Común, Mercantil and Banco de Venezuela will no longer have to wait between 24 or 48 hours to see their bolívares deposited and available in the bank account to make the deposit.With the Immediate Credit service you can send ...
crypto (NFT)
