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Monetary Authority of Singapore Partners With World Bank and IMF to Launch Global CBDC Challenge

The Monetary Authority of Singapore (MAS) has launched a global challenge for financial institutions to submit ideas and solutions relating to retail Central Bank Digital Currencies (CBDCs). The apex bank unveiled the challenge in partnership with the International Monetary Fund (IMF), World Bank, Asian Development Bank, and the Organisation for Economic Co-operation and Development. дальше »

2021-6-29 21:40


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India: Crypto Investors Could Be Subject to 2% Levy on Purchases from Offshore Exchanges

A report posits that Indians might be charged a 2% levy on crypto purchased from overseas exchanges. Charges Could Be Imposed on Indian Crypto Enthusiasts According to a report by The Economic Times published on June 22, digital currencies bought from crypto exchanges outside India could be subject to a 2% levy charge. Dubbed ‘equalizationRead More дальше »

2021-6-23 08:30


PBoC Talks Crypto ‘Hype’ with Banks and Institutions & Prohibits Use of Their Services

They will also increase the investigation and monitoring of customers, including exchanges and OTC dealers and capital transactions, and will take immediate action against those still involved because crypto trading “disrupt normal economic and financial order” and “infringe people's property safety. дальше »

2021-6-22 17:02


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What to do with Crypto-Assets Excluded from Lending Pools 

Bitcoin was launched over twelve years ago and has since experienced unprecedented growth as a store of value. The world’s first practical decentralized cryptocurrency is a modern-day marvel of software engineering, cryptography, and trustless economic incentivization, often lauded as one of the greatest inventions of the 21st century — but this wasn’t always the case.Read More дальше »

2021-6-17 14:53


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Fed Expects 2 Rate Hikes in 2023, Stock Market Plunges, Powell Anticipates Higher Inflation

The Federal Reserve on Wednesday told the public that it has forwarded the time frame for raising interest rates. “Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain,” the Federal Open Market Committee (FOMC) said in a statement. The […] дальше »

2021-6-17 01:30


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RNS Solutions & Trustedchain are Developing Blockchain based FinLit Platform for Islamic Development Bank

Pakistan, June 10, 2021: RNS Solutions Pte Ltd., the leading blockchain software development company from Pakistan, Korea, and Singapore this week announced a formidable partnership with the ICD-Islamic Development Bank Group, a multilateral development bank that promotes social and economic development in member countries, and Trustedchain software development & consultancy firm in Saudi Arabia. AsRead More дальше »

2021-6-14 10:01


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RNS Solutions & Trustedchain are developing Blockchain based FinLit Platform for Islamic Development Bank

Pakistan, June 10, 2021: RNS Solutions Pte Ltd., the leading blockchain software development company from Pakistan, Korea, and Singapore this week announced a formidable partnership with the ICD-Islamic Development Bank Group, a multilateral development bank that promotes social and economic development in member countries, and Trustedchain software development & consultancy firm in Saudi Arabia. As […] дальше »

2021-6-14 10:00


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Dutch Finance Minister Opposes Government Bureaucrat’s Push To Completely Outlaw Crypto

Wopke Hoekstra, the Dutch minister of finance, is opposed to a blanket crypto ban. In an interview with Dutch publication RTL, Hoekstra argued that a ban on cryptocurrencies as proposed by top economic advisor Pieter Hasekamp, is not a good solution to the country’s current concerns about the nascent sector. In case you missed it, […] дальше »

2021-6-14 20:38


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Bitcoinization: JPMorgan Notes ‘Similarly Situated’ Countries Could Make Bitcoin Legal Tender Like El Salvador

JPMorgan struggles to “see any tangible economic benefits associated with adopting bitcoin as a second form of legal tender.” Commenting on El Salvador’s bitcoinization, JPMorgan did not rule out that the country’s move to make the cryptocurrency legal tender may be “the beginning of a broader trend among similarly situated, smaller nations.” JPMorgan’s Opinion on […] дальше »

2021-6-13 04:30


Iran’s President Wants to Legalize Bitcoin ‘As Soon as Possible’

Iranian President Hassan Rouhani is calling for the establishment of a legal framework for cryptocurrencies that will help discourage unauthorized crypto businesses. While speaking at the government’s Economic Coordination Board on Tuesday, where Rouhani talked about prices of essential consumer goods, he also made remarks about crypto and warned consumers of their risks. дальше »

2021-6-11 16:44


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Iran’s Government Mulls Legal Framework for Crypto Regulations

The President of Iran, Hassan Rouhani, is looking to establish regulatory policies for the cryptocurrency industry. Meanwhile, crypto mining activities remain banned in the country.  Iran Planning to Create Crypto Regulatory Policy According to local news media, the Iranian President made the statement while presiding over the Economic Coordination Board meeting held on Tuesday (JuneRead More дальше »

2021-6-11 13:00