Cryptocurrency Analysis and News Portal
The Russian central bank is ready to consider allowing cryptocurrency use within the country but only as part of a legal experiment, governor Elvira Nabiullina said.“It’s possible to consider transactions through an authorized organization in the country as part of an experimental legal regime, but that would require a relevant
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Plaintiff Joewy Gonzalez has filed the lawsuit on behalf of himself and others who lost money with FTX. The lawsuit accuses Silvergate Bank of transferring FTX user deposits into the bank accounts of Alameda Research.The contagion of FTX collapse has spread all across the crypto market with several other firms
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The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted from some reporting requirements as part of a regulatory relief intended to minimize the burden on financial organizations. Russia’s Central Bank Eases Supervision of Digital Asset Platforms Amid
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The central bank of the Netherlands, De Nederlandsche Bank, has issued a warning to investors in KuCoin, saying the exchange was operating without legal registration.In a Dec. 15 announcement, the central bank said MEK Global Limited, or MGL, which does business in the Netherlands as KuCoin, was not in compliance
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KuCoin, which doesn’t have a license in the U.S., operates in over 200 countries and is one of the largest cryptocurrency exchanges worldwide by trading volume, partly because of its low trading fees. The exchange launched in the Netherlands in October 2019. Source
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Institutions in Bermuda will soon be able to trade real-time settlements using a stablecoin with a 1:1 peg to the United States dollar, Jewel Bank founder and chairman Chance Barnett told Cointelegraph. Called Jewel USD (JUSD), the first stablecoin to be released in the territory is powered by the Polygon blockchain,
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Mobile payments are thriving in Argentina, leaving behind other traditional payment methods, including credit and debit cards. According to the central bank’s monthly report on retail payments, this kind of payment has thrived, representing 60% of the payments operations made, while plastic-based payment media has stagnated, registering a fall in
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Within the past 24 hours, cryptocurrency exchange Binance has seen outflows of over $1.14 billion due to rising FUD — or fear, uncertainty and doubt — within the crypto ecosystem. According to Binance CEO Changpeng “CZ” Zhao, the exchange has seen this before, and he believes “it is a good idea
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Bitcoin Group SE, operator of the German crypto trading platform bitcoin.de, has announced that it has acquired 100% of shares in Bankhaus von der Heydt. The bank has a full banking license and is a provider of digital asset custody and tokenization services. According to an announcement released Dec. 12, Bitcoin
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"Greater inclusion, lower cost, intermediation, competition with reduced barriers to entry, efficiency in risk control, monetization of data, complete tokenization of financial assets and contracts," Campos Neto said. "This is what we see in this digital economy in Brazil." Source
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