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Singapore’s Central Bank Explores Blockchain Technology For Seamless Cross-Border Payments Using Multiple CBDCs
The Central Bank of Singapore, the Monetary Authority of Singapore (MAS), has launched a new blockchain-based project to streamline the process of cross-border payments using central bank digital currencies (CBDCs). дальше »
2021-8-27 19:45 | |
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Digital Assets “Not Regulated by the CFTC,” Even if They Are A Commodity: CFTC Commissioner
One of the Commissioners of Commodity Futures Trading Commission (CFTC), Dawn D. Stump, released a statement on Monday detailing the agency’s regulatory authority over digital assets. She said, “The CFTC’s regulatory oversight authority, as well as the application of our enforcement authority, must be well understood by the public. дальше »
2021-8-24 17:33 | |
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Singapore Monetary Authority Approves Crypto Trading for DBS
The Monetary Authority of Singapore (MAS) has approved DBS Vickers to provide trading services for digital payment tokens. The post Singapore Monetary Authority Approves Crypto Trading for DBS appeared first on BeInCrypto. дальше »
2021-8-13 15:47 | |
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Monetary Authority of Singapore (MAS) Grants its First Approval to A Crypto Exchange
Cryptocurrency exchange Independent Reserve has been granted an “in-principle approval” under the Payment Services Act by the Monetary Authority of Singapore (MAS). Under this license, the 2013-founded Independent Reserve is allowed to operate as a regulated provider for Digital Payment Token services. дальше »
2021-8-3 16:42 | |
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Join the best marketing ICO of the year with Smart Marketing Token
The creation of the blockchain for Bitcoin became the first digital money to solve the double-spending issue without using a trusted authority or central server. Because the internet and blockchainThe post Join the best marketing ICO of the year with Smart Marketing Token appeared first on AMBCrypto. дальше »
2021-8-2 13:45 | |
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New bill proposes US Treasury to have full authority over fiat stablecoins
The bill also calls for the Federal Reserve to be vested with the clear authority to issue a digital dollar.
дальше »2021-7-30 13:29 | |
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Swiss Authority Approved TKR as Stable Coin
Takamaka has obtained the “Financial Services Standards Association (VQF)” license, which certifies that the company complies with anti-money laundering regulations and that the TKR, Takamaka’s stable coin (1:1 with the USD), is officially in compliance with the Swiss regulations and is to all intents and purposes digital money! As Takamaka has been recognized as compliantRead More дальше »
2021-7-30 10:00 | |
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M8Trade - A trusted authority in digital currency investing
It's no secret that in 2021, there was a real cryptocurrency boom. Moreover, this all has become an integral part of the lives of thousands of investors. Even considering the pandemic situation and thThe post M8Trade - A trusted authority in digital currency investing appeared first on AMBCrypto. дальше »
2021-7-17 08:30 | |
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Crypto.com Becomes Malta’s First Licensed Digital Currency Exchange to Offer Bank Transfers
The digital asset trading platform Crypto. com has announced the firm has become the first global cryptocurrency exchange to obtain an Electronic Money Institution (EMI) license from the Malta Financial Services Authority (MFSA). дальше »
2021-7-11 12:30 | |
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Banque de France Conducts Cross-Border Central Bank Digital Currency Experiment
France’s apex bank and Singapore’s monetary authority have collaborated on a cross-border central bank digital currency (CBDC) project. The partnership is the latest example of the emerging international cooperation among central banks in CBDC development across the world. дальше »
2021-7-9 08:00 | |
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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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Singapore’s Central Bank Organizes Global Challenge for Retail CBDC Solution
The Monetary Authority of Singapore (MAS) has launched a Global CBDC Challenge that would see global financial institutions, financial technology companies, and others submit solutions around peculiar issues surrounding retail central bank digital currencies (CBDCs). дальше »
2021-6-29 08:00 | |
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MAS launches a CBDC challenge to attract FinTech firms into Singapore
The Singapore Monetary Authority (MAS) has rolled out a global challenge for retail central bank-issued digital currencies (CBDCs). The regulator seeks to attract FinTech firms and financial institutions across the globe into the country. дальше »
2021-6-30 02:11 | |
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Singapore Monetary Authority Announces Global CBDC Challenge
The Monetary Authority of Singapore (MAS) announced the launch of a global challenge for retail central bank digital currencies (CBDCs). The post Singapore Monetary Authority Announces Global CBDC Challenge appeared first on BeInCrypto. дальше »
2021-6-28 20:30 | |
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Palestinians Ponder Digital Currency as Move for Monetary Independence
The Palestine Monetary Authority is exploring the possibility of issuing its own digital currency. For Palestinians, the minting of a national coin would represent a step, at least a symbolic one, towards achieving monetary independence from the State of Israel. дальше »
2021-6-26 10:00 | |
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Palestine monetary authority mulls digital currency as ‘political signal‘
Analysts note that the occupied territories' macroeconomic and political conditions don't allow for a digital currency to operate as a means of exchange but stress its potential value at a symbolic level. дальше »
2021-6-25 14:59 | |
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Hong Kong Includes CBDCs in 5-Point Agenda for Fintech Development
The Hong Kong Monetary Authority (HKMA) is pursuing a comprehensive fintech revamp for the city and its plans include central bank digital currencies (CBDC). However, easier access to crypto assets does not seem to be a part of the HKMA’s fintech agenda. дальше »
2021-6-9 21:00 | |
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Hong Kong Monetary Authority Announces Development Plans for Retail and Wholesale CBDCs
The Hong Kong Monetary Authority (HKMA) announced it is working on developments for a central bank digital currency (CBDC) at both the wholesale and retail levels. The post Hong Kong Monetary Authority Announces Development Plans for Retail and Wholesale CBDCs appeared first on BeInCrypto. дальше »
2021-6-8 16:35 | |
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Google, Alibaba Seek Singapore Payments and Crypto Exchange Licences
Google and Alibaba are among 300 companies that have applied for licensing to provide various digital payment services in Singapore according to Sopnendu Mohanty, chief technology officer of the Monetary Authority of Singapore (MAS). дальше »
2021-6-5 19:32 | |
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Dubai Authorities Warn Against Fake Digital Currency Dubai Coin
Dubai authorities issued a warning against a digital currency called Dubai Coin, stating that the token never received approval from any official authority. Dubai Does Not Have an Official Digital Currency In a tweet on Thursday (Amy 27, 2021), the Dubai Media Office said that an unlicensed website was promoting the scam token and usingRead More дальше »
2021-5-29 20:00 | |
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Bank of Indonesia joins other central banks in the race to launch a CBDC
The Bank of Indonesia (BI) is planning to launch a digital rupiah as central banks across the globe continue racing to issue CBDCs. A report unveiled this news on May 25, noting that the authority is already assessing platforms on which the digital rupiah can run on. дальше »
2021-5-27 15:31 | |
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Diginex’s Crypto Custodial Arm Digivault Bags Approval From UK FCA
Digivault, the custodial arm of Singapore-based digital assets company Diginex, has been granted approval to register as a cryptocurrency custodian wallet provider from the UK Financial Conduct Authority (FCA). дальше »
2021-5-15 21:00 | |
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HKMA Ready to Expand Cross-Border Digital Yuan Test After Successful Pilot
The Hong Kong Monetary Authority (HKMA) and the Digital Currency Institute of the People’s Bank of China (PBOC), are looking to expand the testing of China’s central bank digital currency (CBDC) for cross-border payments. дальше »
2021-5-14 00:30 | |
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Hong Kong to expand pilots for cross-border use of digital yuan
The first phase of tests for use of the digital yuan across borders has been successful, the Hong Kong Monetary Authority has said. дальше »
2021-5-13 12:14 | |
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Digital Asset Marketplace Apifiny Prime Granted FINRA Broker-Dealer License Approval
On Thursday, Apifiny, a global digital asset trading and mining network, announced the company’s subsidiary Apifiny Prime has been granted a broker-dealer license from the Financial Industry Regulatory Authority (FINRA). дальше »
2021-4-30 09:30 | |
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Wallex Bank: Launching The Next Level Asset and Digital Asset Ecosystem
Wallex Trust & Custody, a fintech company based in the USA and Europe that offers trust and custody services among its clients across borders notably in Europe, Asia, and Africa, has announced it has received a banking Crypto and Insurance license issued by the Comoros International Banking Authority (CIBA). This official recognition as a bank […] дальше »
2021-4-22 16:00 | |
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Sweden’s Riksbank completes the first phase of its digital currency trial
Riksbank, Sweden’s central bank, has finished the initial part of its digital currency experiment. The authority unveiled this news through a report, noting that it ran into some serious issues that it must address before Swedes can use the e-krona for daily purchases. дальше »
2021-4-8 23:06 | |
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Japan’s Central Bank starts experimenting with a CBDC
The Bank of Japan (BOJ), Japan’s central bank, has started running tests on a central bank-issued digital currency (CBDC). The authority unveiled this news through an official announcement on April 5, noting that it had completed the necessary steps to begin experimenting on the technical practicability of the main features and functions of a CBDC. дальше »
2021-4-6 21:32 | |
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HKMA and BOT partner with PBoC and UAE’s Central Bank to develop an m-CBDC
The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand, have joined hands with UAE’s Central Bank (CBUAE) and the Digital Currency Institute of the People’s Bank of China (PBoC) in a FinTech deal. дальше »
2021-2-25 00:03 | |
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Austrian Financial Market Authority (FMA) Sees A Sharp Rise in Cryptocurrency Related Fraud
The Austrian regulator reported a record amount of potential frauds in 2020. And cryptocurrencies are at its center, with two-thirds of investment fraud reports related to digital assets trading products. дальше »
2021-2-21 17:55 | |
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Grayscale May Launch New Trusts for AAVE, Monero, and Polkadot
Grayscale, a New York-based crypto fund describing itself as an authority in digital asset investing and cryptocurrency asset management, appears to be readying themselves for a DeFi future judging from their document submission for registration of several new trusts among them for a decentralized finance governance token, checks on Jan 28 shows. Focus on Interoperability,Read More дальше »
2021-1-29 14:00 | |
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Bankers Fear Sweden’s Proposed Digital Currency May Fundamentally Change Banking
Swedish bankers have expressed concerns over the country’s proposed CBDC dubbed e-krona according to a Reuters report on Tuesday. This pipeline CBDC has been in the works for over a year and is being considered for mainstream roll out by Riksbank, Sweden’s monetary authority. дальше »
2021-1-6 17:56 | |
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Philippine Special Economic Zone Authorizes the Development and Launch of a Decentralized and Centralized Digital Asset Exchange
The Authority of the Freeport Area of Bataan (AFAB) has officially licensed a centralized and decentralized digital asset exchange to operate within its special economic zone for the benefit of international investors. дальше »
2021-1-6 12:33 | |
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Digital Asset Exchange Approved To Operate Within FAB
Located within 2 1/2-hour drive, 55-minute boat ride or a 25-minute helicopter flight from Manila, the Authority Freeport Area of Bataan (AFAB) is situated at the crossroads of international shipping routes between the West Coast of North America, the Far East and Southeast Asia. дальше »
2021-1-13 12:33 | |
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Israeli Tax Authorities Notify Cryptocurrency Owners to Disclose Their Holdings for Taxation Purposes
The revenue collector, the Israel Tax Authority (ITA) has reportedly sent notifications to dozens of Israelis who own digital currencies asking them to fully disclose their assets and be taxed accordingly. дальше »
2020-12-27 10:00 | |
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Swiss Financial Regulator, FINMA, Licenses Local Bank To Carry Out The Crypto Transactions
Switzerland’s top financial regulator, Financial Market Supervisory Authority (FINMA) grants local banks, InCore, the first license to transact digital currencies. This adds to the accelerated efforts from the Swiss government in the blockchain field so far in 2020 with the government looking to implement a central bank digital currency (CBDC). InCore, first Swiss bank licensed […] дальше »
2020-5-31 16:23 | |
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Switzerland: FINMA Approves InCore Bank to Carry Out Cryptocurrency Transactions
Swiss financial watchdog, the Swiss Financial Market Supervisory Authority (FINMA) has given the go-ahead to InCore bank to engage in digital asset transactions, the bank announced recently. FINMA Approves InCore Bank for Cryptocurrency Transactions Swiss regulators continue to make crypto-banking services easily-accessible for customers as according to a recent development, the FINMA has given theRead MoreRead More. дальше »
2020-5-31 15:00 | |
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Singapore: No Income Tax on Cryptocurrency Airdrops and Hard Fork Tokens, IRAS Says
The Internal Revenue Authority of Singapore (IRAS) has published new crypto tax guidelines indicating a tax exemption for hard forks and airdrops. Also, the guide outlines Singapore’s tax treatment scheme for digital tokens and securities. дальше »
2020-4-21 23:07 | |
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Is Bitcoin Digital Gold? The Federal Reserve Tears Narrative With New Report
If you’ve been following Bitcoin for any period of time, you likely know of the narrative that the cryptocurrency is some form of “digital gold.” The idea goes that because the asset has similar fundamental characteristics to the precious metal — both are decentralized money, scarce and hard to create, not controlled by a central authority, globally-accepted, and fungible — Bitcoin will become a gold-like asset with time, both in size and price action. According […] дальше »
2020-4-20 13:00 | |
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Bank of Canada Dismisses CBDC Interest; BoC is Developing A Prototype to Hedge Against Libra
Despite the reserved nature of Canadians, the country’s monetary authority has been keeping an openminded approach to researching the need for digital payments. The regulator has since identified two factors that might accelerate the launch of a Canadian CBDC. дальше »
2020-2-26 18:16 | |
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Brave Challenges Google’s Advertising Power Before the UK Competition Watchdog
The company behind the privacy-oriented browser Brave has set out to convince regulators in the U. K. to end Google’s advertising monopoly in the digital space. In a filing with the country’s Competition and Markets Authority (CMA), Brave puts forward recommendations on how to “neutralize” the tech giant’s “unfair data advantage. дальше »
2020-2-23 23:40 | |
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Belgium FSMA urges for crypto regulations fearing rise in fraudulent activities
Belgium's Financial Services and Markets Authority (FSMA) is pushing the government to bring regulations for digital currencies, according to a recent report. In a Senate hearing on Feb 10, Jean-PaThe post Belgium FSMA urges for crypto regulations fearing rise in fraudulent activities appeared first on AMBCrypto. дальше »
2020-2-11 03:00 | |
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BitGo expands regulated crypto asset custody to Switzerland and Germany
BitGo, a provider of digital asset financial services, announced today that the company is expanding its global presence with new custodial entities in Switzerland and Germany. BitGo’s Swiss entity BitGo GmbH is a member of the Financial Services Standards Association (VQF), supervised by the Swiss Financial Market Supervisory Authority (FINMA). дальше »
2020-2-10 14:00 | |
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