2020-12-21 15:43 |
Financial analysts acknowledge the growing interest in alternative financial instruments and their potential due to investor distrust in the monetary policy of national central banks.
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The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.
2020-12-5 02:46 | |
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The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.
2020-12-6 02:46 | |
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Revealed on Dec 3, the BIS claims the results demonstrate the operational feasibility and legal workability of a digital franc used only for interbank settlement on a blockchain testnet. Project Helvetia Background In the works since 2019, the collaboration brought together the BIS, SNB, and financial market infrastructure provider SIX Group.
2020-12-5 22:13 | |
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The Swiss National Bank and the BIS don’t want to miss out on possible blockchain-powered benefits for the financial system.
2020-12-5 13:24 | |
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Crypto startup Avanti Financial Group has been granted a license to offer banking services by the Wyoming State Banking Board. The license, or bank charter, means Avanti can now operate as a conventional bank – but one with a twist, capable of holding both crypto and dollars.
2020-10-31 13:53 | |
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Bitcoin has faced so many hitches in the short time it has existed. Countries like China and Russia have imposed draconian laws that prohibit the use of the cryptocurrency. As if that weren’t enough, renowned economists and corporations have come out criticizing bitcoin and its ability to thrive in the future. Moreover, most investors across […]
2020-9-29 23:42 | |
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Global financial services company, Mastercard launched a Central Bank Digital Currencies (CBDCs) virtual and custom ‘testing’ platform, for central banks to evaluate use cases of national digital The post Mastercard launches CBDC testing platform for central banks to explore use cases appeared first on AMBCrypto.
2020-9-9 17:30 | |
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For investors, Hong Kong has long served as the global financial system’s friendly intermediary with China. But after a year of social upheaval, the Chinese Government has imposed a comprehensive new national security law that would reportedly grant it “semi-autonomy” until 2048.
2020-8-11 16:40 | |
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Hong Kong investors are moving their gold offshore as China’s new national security law prompts fears of financial censorship. Some 10% of private holdings have been moved to safer jurisdictions such as Singapore and Switzerland since the beginning of protests in Hong Kong last year.
2020-8-10 10:30 | |
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China's new digital currency and Blockchain Services Network are part of a national plan to escape U.S. financial hegemony.
2020-7-24 18:49 | |
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The Office of the Comptroller of the Currency has clarified that national banks can hold cryptocurrency keys, potentially ushering in a wave of new services from these financial institutions. The post Treasury Bureau Declares National Banks Can Custody Crypto appeared first on Bitcoin Magazine.
2020-7-23 23:30 | |
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Blockchain payments project Ubin can lay the financial blueprint for countries looking to explore crypto tech in a fully regulated manner.
2020-7-16 12:45 | |
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The British economy has contracted this year ten times more than at the height of the financial crisis in 2008 according to the latest data by the Office for National...
2020-7-16 19:09 | |
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The U.S. sanctions on financial institutions in Hong Kong could put the city’s growing crypto brokerage businesses in jeopardy.
2020-7-9 18:00 | |
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Lebanon's financial crisis is only deepening with each passing day, as the country is engulfed in hyperinflation. An unofficial report suggested that the value of the national fiat Lira has fallen by 50% in a matter of two weeks.
2020-7-3 23:22 | |
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The National Council, which is the lower house of the Federal Assembly of Switzerland, has unanimously passed a legislative package amending a large chunk of the nation’s existing financial laws in a bid to crush possible legal barriers and enable crypto and blockchain startups to flourish more, according to reports on July 1, 2020.
2020-7-2 23:00 | |
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Chainlink is back to recording gains, up nearly 12% on the back of partnership with China’s national Blockchain Services Network. The recently launched BSN will be integrating the Chainlink oracle function to its network that enables governments and enterprises to incorporate real-world data such as IoT data, weather, location information, and financial asset prices into […]
2020-6-23 20:25 | |
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A federal banking regulator is seeking public input on how cryptocurrencies interact with the national banking system and financial institutions.
2020-6-6 23:56 | |
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Brazil’s national competition regulator is about to decide the fate of its investigation on whether some of the largest banks in the country wrongly locked local crypto brokers out of financial services.
2020-5-21 17:51 | |
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The Financial Technology Committee of the People’s Bank of China, the country’s national bank, held a meeting this week exploring blockchain technology and making decisions for its regulation within the country.
2020-5-15 19:00 | |
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China is bringing together its tech giants to create a national blockchain committee with the primary goal of setting standards for the adoption of blockchain in the country. The national committee will include a few big names in China’s tech sector including Huawei Technologies, Tencent Holdings, Baidu, Ant Financial Services, and JD.
2020-4-18 16:10 | |
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Blockchain-based Service Network (BSN), the distributed ledger technology (DLT) platform being developed by the Chinese government in conjunction with tech firms and financial institutions will finally be launched by next month.
2020-3-24 00:00 | |
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Coinspeaker Donald Trump Declares National Emergency in U. S. , Frees Up $50B to Fight with CoronavirusDonald Trump declared a national emergency over the coronavirus pandemic. The declaration frees up as much as $50 billion in financial resources to assist Americans affected by the outbreak.
2020-3-14 23:12 | |
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South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting requirements in line with the global cryptocurrency standards set by the Financial Action Task Force (FATF).
2020-3-8 20:38 | |
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First, it was India, now South Korea has taken a positive step towards cryptocurrencies. The recent amendment of the Act on Reporting and Use of Specific Financial Information passed today during a session of the National Assembly, which officially allows crypto trading and holding.
2020-3-6 21:03 | |
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According to reports, a full session of the National Assembly of the South Korean parliament has passed an amendment to the Act on Reporting and Use of Specific Financial Information. Owing to this amThe post South Korea's parliament reportedly 'legitimizes' Cryptocurrency as a legal entity appeared first on AMBCrypto.
2020-3-5 13:00 | |
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In another significant development for the cryptoverse, the South Korean National Assembly has officially passed the “Act on Reporting and Use of Specific Financial Information” bill into law, making cryptocurrency trading and holding a legal activity in the nation, reports TheNewsAsia on March 5, 2020.
2020-3-6 12:00 | |
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Various financial institutions are looking to incorporate blockchain technology. Ripple continues to make inroads, as it is now partnering with the National Bank of Fujairah. Ripple has forged numerous crucial partnerships over the past few years.
2020-3-4 02:00 | |
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Chairwoman Maxine Waters just released the March schedule for the US House Financial Services Committee with one interesting addition on March 24th. The Subcommittee on National Security, International Development, and Monetary Policy will meet to discuss digital currencies in a hearing called “A Review of Domestic and International Approaches to Digital Currencies.” It will start […]
2020-2-28 21:40 | |
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Strengthening Canada’s fintech and financial reach through collaboration, competition, and networking at FFCON20 The National Crowdfunding & Fintech Association of Canada (NCFA) and ToronThe post NCFA and Toronto Finance International partner to co-host Canada’s ultimate fintech experience appeared first on AMBCrypto.
2020-2-27 12:30 | |
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Both companies listed publicly, NSX Ltd. , which is the owner of the National Stock Exchange of Australia, and the financial institution known as iSignthis (ISX) have announced on Thursday that they’re partnering up to offer a platform for trading digital securities.
2020-2-21 22:26 | |
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National Stock Exchange of Australia owner NSX Ltd. and financial institution iSignthis are forming joint venture to offer a digital securities trading platform.
2020-2-20 13:00 | |
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Ripple has entered the Egyptian market via an agreement with the National Bank of Egypt, the oldest bank in the nation. This is part of a concerted effort by Ripple to offer financial solutions globally.
2020-2-14 02:09 | |
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Ripple has been taking significant steps towards providing its financial solutions all around the world, with a recent development expanding the firm's presence in one more country. The National Bank The post Ripple enters Egyptian market; signs cooperation agreement with country's oldest bank appeared first on AMBCrypto.
2020-2-12 11:55 | |
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Sierra Leone has been active in the blockchain scene for a very long time. In fact, it is one of the first African countries to have unveiled a blockchain-enabled digital national identification systeThe post Blockchain-enabled digital IDs help boost financial inclusion in Sierra Leone appeared first on AMBCrypto.
2020-2-2 23:00 | |
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The big-four bank, Nedbank, may become the latest financial institution in South Africa to close cryptocurrency bank accounts, reports the local media channel. The bank will be following in the footsteps of the First National Bank (FNB) that closed the digital currency-related bank accounts back in November, last year citing lack of regulations as the […]
2020-1-26 00:55 | |
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The use of virtual currencies is often a personal decision, but involvement in the industry is a concern for individuals that work in the traditional financial world. The United States National Futures Association (NFA), for example, recently created its annual report, showing exactly how its members are involving themselves in virtual currencies. The report covers […]
2019-11-27 21:10 | |
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The Human Rights Foundation has prepared an analysis of the financial markets of countries with authoritarian rule. As a rule, these economies are in decline with the collapse of national currencies.
2019-11-28 17:28 | |
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South Korea’s national policy committee has passed an amendment establishing a legal framework for cryptocurrencies. It requires crypto exchanges and service providers to register with the country’s financial regulator and comply with the recommendations set by the Financial Action Task Force.
2019-11-27 09:20 | |
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The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday. Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better regulate new technologies applied across the financial […]
2019-11-22 09:00 | |
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As countries around the world are increasingly moving toward a digital currency backed by their national fiat, the hub of financial and technological innovation of the past decades is moving in the opThe post Stablecoins could 'negatively affect' financial Stability: Federal Reserve appeared first on AMBCrypto.
2019-11-16 12:30 | |
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Ripple, the San Francisco-based distributed ledger technology (DLT) project in charge of the XRP altcoin, has joined forces with the National University of Singapore’s (NUS) School of Computing to launch a financial technology lab dubbed the NUS FinTech Lab.
2019-11-7 20:00 | |
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Gregory Klumov, founder and CEO of Stasis, a platform that allows users to legally digitize any type of financial asset in a secure and transparent manner, says that after creating the framework for digital assets in Malta, he made a strategic shift into entrepreneurship in order to develop crypto-related products for institutional investors.
2019-11-1 18:35 | |
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The success of peer-to-peer cryptocurrencies and blockchain technology could spell the end of the UK’s financial services sector, potentially dealing a death blow to the National Health Service at the same time—according to John Straw, an expert on digital disruption.
2019-10-25 03:11 | |
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The Association of National Numbering Agencies (ANNA), an important organization related to securities, has recently decided to assemble and launch a task force to address the way that digital assets are labeled in financial markets.
2019-10-23 21:27 | |
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Blockchain payments will enable greater financial control and remittance efficiency, says a National Bank of Cambodia official
2019-10-23 13:25 | |
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Newspapers across Australia rallied together in protest against government secrecy and press censorship by printing heavily redacted front pages in unison on Monday. Media Outlets Rally Together National and regional press outlets, including The Australian, The Sydney Morning Herald, and the Australian Financial Review ran their front page completely censored.
2019-10-22 09:18 | |
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French Economy and finance minister Bruno Le Maire attacks Libra again this time claiming that Facebook’s led stablecoin will intrude on one of the most important national government mandates, issuance of currency.
2019-10-17 20:31 | |
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Representative Tom Emmer of Minnesota will be the ranking member of Congress on a Task Force to advance the national discussion on emerging financial technology. Emmer previously sponsored legislation such as the Blockchain Regulatory Certainty Act, which helped exempt certain blockchain businesses from onerous reporting and licensing requirements when they do not take control of […] The post Blockchain-Friendly Minnesota Congressman To Head Fintech Task Force appeared first on Crypto Briefing.
2019-10-17 02:13 | |
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Less than 24 hours after triggering a $4 million loss in Hyperliquid’s HLP Vault, the same whale trader reappeared If whales can manipulate liquidation engines, smaller traders may feel at a The post Hyperliquid’s $4M culprit bags $177K in fresh gains - Details appeared first on AMBCrypto.
Ripple has secured a DFSA license, marking its first regulatory approval in the Middle East XRP may be seeing bullish momentum as SEC nears resolution of its lawsuit against Ripple Ripple haThe post Ripple scores Dubai green light - DFSA license unlocks crypto payments in the UAE appeared first on AMBCrypto.
The Fear and Greed Index has plummeted to 21, marking heightened fear in the market. ETF net flows show a mixed trend, with BTC seeing minor inflows while ETH struggles with continued outflows.
Pi Network’s 82. 8 billion holdings sparked concerns over centralization, transparency, and validator control. Despite reaching a $12. 26 billion market cap, PI faced growing skepticism amid goThe post Pi network not really decentralized? 82.
Despite altcoins seeing significant losses, XRP's dominance has been at its highest level since 2020. XRP has gained by 2.61% over the past day. Over the past year, Ripple's XRP has experienThe post XRP Dominance booms as altcoins bleed - Can it challenge Bitcoin, Ethereum next? appeared first on AMBCrypto.
Ethereum's net taker volume remained deep in the red, signaling sustained sell pressure over the past few months. Despite the selling pressure, the total number of ETH holders continued to incrThe post Ethereum faces heavy sell-off - So how are investors still holding strong? appeared first on AMBCrypto.
The declining crypto trading volume raised concerns about weakening market momentum and trader exhaustion. Sustained recovery requires both rising prices and increasing trading volume for stronThe post Crypto trading volume plunges 63% despite market cap recovery - Rally at risk? appeared first on AMBCrypto.