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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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A pioneering female in the male-dominated realm of crypto, Moy co-founded Onyx by JPMorgan, a business unit focused on digital assets and blockchain built using a permissioned version of Ethereum. She was also an early advocate for JPMorgan to bank crypto companies including Coinbase and Gemini. Source
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Tammy Weinrib will have a focus on know-your-customer (KYC) and anti-money laundering (AML) programs. Source
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The president of the European Central Bank (ECB), Christine Lagarde, says that a digital euro will not replace cash but would complement it. “A digital euro would give you an additional choice about how to pay and make it easier to do so, contributing to accessibility and inclusion,” the ECB
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The ISA is looking to attract blockchain-based solutions that can improve the infrastructure supporting the securities and sovereign debt markets in Israel with the hackathon. The securities regulator has partnered with the Ministry of Finance in Israel, Start-Up Nation Central, as well as tech providers like VMware, Digital Asset and
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György Matolcsy, Governor of the Hungarian National Bank, has proposed a blanket ban on all cryptocurrency trading and mining operations across the European Union. Governor Matolcsy cited the recent crypto ban imposed by China in a blog post shared by the Hungarian central bank a.k.a. Magyar Nemzeti Bank (MNB) titled “Time
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CFTC chair Rostin Behnam also requested that Congress fund his agency with an additional $100 million to properly oversee crypto markets. Source
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First, CBDCs aren’t a one-size-fits-all technology. Georgieva told attendees that because each economy is different, CBDCs will play a different role in every country. In nations that are less economically developed, Georgieva suggested that CBDCs could help with financial inclusion, and in others, they could act as a backup payment
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So says Michael Cembalest, J.P. Morgan Asset & Wealth Management’s chairman of market and investment strategy, in a report that riffs on “The Maltese Falcon,” the 1941 film about a priceless artifact that comes to symbolize greed, and which turns out, in the end, to be fake. Original Source
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The head of the Central Board of Direct Taxes (CBDT) in India said the recent announcement of a 30% tax on crypto holdings doesn’t necessarily make the crypto trade legal in India.The finance minister of India announced a 30% tax on crypto holdings during the budget session on Feb. 1,
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