Singapore’s largest commercial bank reportedly launching crypto trading
Another global bank believes that digital assets are the future of the global economy. Go to Source Powered by WPeMatico
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Kenya’s central bank exploring CBDCs due to ‘mushrooming’ of private cryptos
The Governor of the Central Bank of Kenya told reporters the institution is “already feeling left out.” Go to Source Powered by WPeMatico
How US authorities are using old AML tools to crack down on crypto
With new changes to the Travel Rule up for discussion and a bevy of new cases in the courts, it’s time to look at how U.S. AML law is shifting to cope with crypto. Go to Source Powered by WPeMatico
US AML watchdog wants info on all international crypto transactions over $250
The proposed change would cut down FinCEN’s longstanding $3,000 threshold. Go to Source Powered by WPeMatico
PayPal’s crypto integration means Bitcoin could triple its user base
PayPal’s crypto integration may bode well for Bitcoin price as its user base could triple Go to Source Powered by WPeMatico
Brazil is prepping an IPO for its state-run digital bank
Brazilian Minister defends IPO of federal digital bank created to aid population during pandemic Go to Source Powered by WPeMatico
New Zealand has no imminent plans to issue CBDC, says central bank exec
Important questions about CBDCs remain unanswered for the Kiwi’s central bank. Go to Source Powered by WPeMatico
Macro Investor Dan Tapiero Says Crypto Adoption Slow: Emerging Economies Ahead of Developed States
Bitcoin and gold holder Dan Tapiero, says it is still early to talk of widespread crypto adoption as the proportion of users relative to the rest of the population remains low. Tapiero makes the remarks while referring to a study, which places Nigeria at top of the list of countries with the highest number of … Read more
Japanese payments firm JCB and Mizuho Bank test blockchain-based ID
Fujitsu has been working on blockchain-based digital identity tools since 2019. Go to Source Powered by WPeMatico
Bitcoin genesis block is the ‘New Testament’ of finance
No need to suffer from centralized systems since the world has been offered its greatest weapon against it: cryptocurrency. Go to Source Powered by WPeMatico