Position – DIGIT INFO

Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake

DIGIT — Tue, 14 Feb 2023 19:00:55 +0000

Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds a 5.5% stake in the bank, according to a Schedule 13G filing with […]

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Putin Urges Government, Central Bank to Reach Consensus on Crypto, Highlights Russia’s Mining Potential

DIGIT — Thu, 27 Jan 2022 21:30:30 +0000

President Vladimir Putin has joined the debate on the future of cryptocurrencies in Russia, calling on the government and central bank to work out a common position on their regulation. The Russian leader also emphasized Russia’s strengths as a crypto mining destination. Putin Asks Ministers and Bankers to Report Back With Consensus on Cryptocurrencies Russian […]

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Crypto Ban Proposed by Bank of Russia Met With Opposition in Parliament, Government

DIGIT — Tue, 25 Jan 2022 14:49:43 +0000

The central bank’s push for a restrictive policy regarding cryptocurrencies is not gaining support among members of the Russian government, legislature, or law enforcement. A blanket crypto ban, as proposed by the bank, would make a laughingstock of Russia, lawmakers have warned. Bank of Russia’s Hardline Stance on Crypto Rejected by Other Russian Institutions The […]

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Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining

DIGIT — Fri, 21 Jan 2022 05:00:40 +0000

True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation paper published by the regulator cites threats to financial stability and citizens’ wellbeing among the main reasons for the proposed restrictions. Russia’s Central […]

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Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations

DIGIT — Sat, 23 Oct 2021 02:30:30 +0000

The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. Minister Says Pakistan Government Has No Objection to Investments […]

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Central Bank of Ukraine Seeks to Hire Blockchain Developer

DIGIT — Wed, 29 Sep 2021 11:30:17 +0000

National Bank of Ukraine is hiring a blockchain expert who will likely support its digital currency project. The vacancy has been announced as the financial institution prepares to pilot e-hryvnia salary payments for government workers as early as this year. NBU Posts Blockchain Developer Ad on Linkedin The central bank of Ukraine is looking to […]

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Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists

DIGIT — Wed, 15 Sep 2021 12:30:57 +0000

Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also noted that unlike cryptocurrencies, the national fiat is backed by the bank’s assets. The statement comes in spite of Tashkent’s crypto-friendly moves in the past. […]

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Israel’s Mossad Is Hiring a Cryptocurrency Specialist

DIGIT — Tue, 10 Aug 2021 12:18:10 +0000

The Israeli intelligence service, Mossad, is now looking to hire someone who understands digital currencies. According to the job posting, the role requires extensive expertise in the field of financial technologies. Mossad Recruiting Expert With Fintech Background Israel’s Institute for Intelligence and Special Operations, Mossad, is seeking an expert with a deep understanding of cryptocurrencies […]

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Cryptocurrency Swap Not Banned in Iran, President’s Legal Team Says

DIGIT — Thu, 05 Aug 2021 12:30:59 +0000

Current regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs. The department has stated its position in correspondence with an ICT industry association which wanted to know what rules apply to cryptocurrency exchange, local media reported. Converting a Cryptocurrency Into Another Is Not Against Iranian Law […]

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Danske Bank Takes Position on Cryptocurrencies, Will Not Interfere With Crypto Trading

DIGIT — Sat, 19 Jun 2021 03:00:02 +0000

Danske Bank will not block credit cards used in crypto trading, according to its newly announced position on cryptocurrencies. The Danish bank would also accept deposits related to crypto investments, although it follows a cautious approach towards decentralized digital assets. Denmark’s Largest Bank Clarifies Its Stance on Cryptocurrencies Responding to mounting inquiries from customers and […]

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