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The United States House of Representatives was abuzz with talk about crypto on April 27, as both the Financial Services Committee and the Agriculture Committee held hearings with nearly identical titles and covered nearly the same ground with many similar conclusions.The Financial Services Committee in its hearing “The Future of
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One size does not fit all when it comes to Anti-Money Laundering (AML), the Hong Kong Monetary Authority (HKMA) reminded banks on April 27. Banks should not make it unnecessarily hard to open accounts. There has been a wave of companies opening bank accounts in Hong Kong to take advantage of
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As I say in my recent book, “CryptoDad – the Fight for the Future of Money,” money is too important to be left to central bankers. And, by that I mean no disrespect. It is just that money is as much a social construct, as it is a government one.
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The county of Santa Cruz in northern California is one of the latest to adopt and implement the usage of blockchain-based solutions on a governmental level. In a meeting of the Board of Supervisors for the County of Santa Cruz held on April 25, the members unanimously decided to go forward
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The partners assured customers they could reach their financial ambitions starting with as little as €1. A unit of Raiffeisen Bank in Vienna has partnered with crypto company Bitpanda to offer cryptocurrencies to banking customers. As the Vienna-based unit of Raiffeisen Bank and Bitpanda came together to provide crypto to the
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Plug and Play Tech Center, an accelerator based in California’s Silicon Valley, will expand its crypto and digital assets vertical to France, the company announced April 25. Plug and Play has had a Paris location since 2016, where it engages with such verticals as retail, fintech, smart cities and sustainability. Paris
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The Securities Commission of The Bahamas (SCB) published a draft of the Digital Assets and Registered Exchanges (DARE) Bill 2023 on April 25. The sweeping bill will undergo a consultation period with the goal of enacting it by the end of the quarter.The 2023 bill updates the DARE Act of
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The ETPs will give European investors access to digital-asset investment through traditional brokerage accounts. Frankfurt, Germany-based DWS, which has 821 billion euros ($907 billion) in assets under management, will be Galaxy's "exclusive ally" for crypto ETPs in Europe, the announcement said. Original Source
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Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the digital currency, which has been included in some limited
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