HSBC debuts metaverse investment fund in Asia: Report
Once known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March. Go to Source Powered by WPeMatico
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From taxes to electricity, blockchain adoption is growing in Austria
The blockchain technology landscape is shifting in Austria, with public institutions and private firms experimenting with the tech. Go to Source Powered by WPeMatico
Jamaica’s central bank digital currency and the problems it hopes to solve
Jamaica’s new central bank digital currency, slated for launch early this year, aims to help address economic issues on the island nation. Go to Source Powered by WPeMatico
Top Israeli bank to accept BTC and ETH trading through Paxos’ collaboration
Pepper Invest users can now buy, sell, and hold Bitcoin and Ethereum subject to regulatory approval. Go to Source Powered by WPeMatico
Colorado accepts tax payments in crypto: Was it just a matter of time?
Colorado is set to accept tax payments in crypto. To some experts, it’s only a matter of time before other U.S. states follow suit. Go to Source Powered by WPeMatico
US investment bank Cowen launches dedicated crypto division
Cowen initially announced plans to move into the crypto custody business in May 2021, entering a partnership with Standard Custody and Trust Company. Go to Source Powered by WPeMatico
Russian Banks Told to Track Crypto-Related Transactions Amid Currency Restrictions
Bank of Russia has recommended commercial banks pay heightened attention to their clients’ transactions related to cryptocurrencies. The regulator requires the financial institutions to monitor such activity against the backdrop of restrictions on currency operations amid western sanctions. Monetary Authority Urges Banks to Control Spending Linked to Crypto Assets The Central Bank of Russia (CBR) … Read more
Central Bank of Russia tightens P2P transactions monitoring, including those in crypto
The regulator’s recommendation is designed to prevent capital flight amid economic collapse. Go to Source Powered by WPeMatico
Ukraine’s largest savings bank halts Bitcoin buys with hryvnia: Report
Despite Ukraine progressing with crypto regulation, locals are reportedly unable to buy Bitcoin using their bank accounts at PrivatBank. Go to Source Powered by WPeMatico
Dedicated crypto teams booming within traditional financial firms
As more and more financial giants set up crypto research teams, experts see this trend continuing to gain traction in the future. Go to Source Powered by WPeMatico
