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Regulators worldwide have been working for several years to determine how best to coordinate international crypto regulation. Earlier this month, the European Parliament approved the European Union’s crypto-assets framework, the Markets in Crypto-Assets Regulation (MiCA), which some observers have said could form a template for other jurisdictions. Even so, each
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German banking powerhouse Deutsche Bank posted commendable Q1 2023 figures and remained on track to outperform revenue growth targets. Deutsche Bank registered its 11th straight quarterly profit according to its Q1 2023 earnings report released Thursday. For the period-ended March 31st, the German banking giant posted a net profit of 1.158 billion euros, or
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“What we're seeing is a growing realization that the most successful regulatory regimes are ones that have created a framework for crypto on a bespoke basis,” Linch said. “Now, that's why we're regulated in Liechtenstein in Bermuda, because what those jurisdictions did really early on, is really get to grips
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This week’s episode of the Decentralize with Cryptox podcast takes a deep dive into Bitcoin (BTC) in Bedford. A Bitcoiner from the English town near London is turning heads and raising his town’s profile after buying his local soccer club, Real Bedford.Peter McCormack, who took the No. 38 spot on Cryptox’s 2023
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Other participants in the funding round included Spartan, Amber Group, CMT Digital, Hashkey, GSR, KuCoin Ventures, liquidity provider Paradigm.co, Pirata Capital, Breed VC, and WAGMI Ventures. The round takes Credora up to $16 million in total funding. Original Source
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Crypto lender Genesis Global asked a court to appoint a mediator for its bankruptcy proceedings, court documents show. Digital Currency Group (DCG), Genesis' owner, said the move reflects the decision of a group of creditors to walk away from a preliminary agreement reached earlier this year. Original Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Syz Group is launching a $50 million fund in collaboration with Hong Kong’s venture capital firm, CMCC Global. The fund, which is scheduled to go live on July 1, will invest in crypto-focused hedge funds. Bank Syz
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Russia has warned that existing and new anti-Russia sanctions imposed by the U.S. and other Western countries will lead to a global economic crisis. “Both the current sanctions that have been imposed against our country and the new additional steps that Brussels and Washington are probably thinking about now will
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China has urged the U.S. and other developed nations to assess the spillover effects of their economic and financial policies. “The economic and financial policies of the U.S. pose the biggest challenge to global financial stability,” according to the Chinese Ministry of Foreign Affairs. China Cautions About U.S. Economic and Financial
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The percentage of reserves held in U.S. dollars by central banks has fallen to less than half of the global total of reserves, according to a note from Eurizon SLJ Asset Management. The note states that the recent sanctions enacted by the U.S. against the Bank of Russia have eroded
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