Speaking at the launch of the Bank for International Settlements’ London location, Andrew Bailey expressed his optimism concerning CBDCs.
The post BoE Governor Believes CBDCs Will Usher in ‘New Era’ of Banking appeared first on BeInCrypto.
Chinese province Yunnan is gearing up to outright ban crypto mining in response to similar moves by Qinghai, Xinjiang, and Inner Mongolia.
The post Chinese Authorities to Ban Crypto Mining in Yunnan Province, Report appeared first on BeInCrypto.
Pieter Hasekamp believes that a cryptocurrency crash is inevitable, so the Netherlands should act promptly to avoid any potential damage.
The post Netherlands Must Ban Bitcoin, Says Dutch Bureaucrat appeared first on BeInCrypto.
Anonymous is placing the blame for creating the video in the hands of a breakaway organization and copycat group.
The post Anonymous Denies Involvement in Anti- Elon Musk Video appeared first on BeInCrypto.
The FCA said it was extending the deadline because many businesses were not meeting the required anti-money laundering standards.
The post UK Regulator Extends Registration Deadline as Companies Fail AML Test appeared first on BeInCrypto.
Russia’s central bank governor, Elvira Nabiullina, believes that digital currencies will be the future of financial systems as the country’s economy moves more online.
The post Russia’s Central Bank Governor: CBDC Is Future for Country’s Financial System appeared first on BeInCrypto.
The Reserve Bank of India has issued a notification to banks on how to relate with their customers who deal with cryptocurrencies.
The post RBI: Banks Can’t Cite 2018 Circular to Deny Services to Customers Dealing With Crypto appeared first on BeInCrypto.
Beginning in the 2022 tax year, stock and bond investors will be taxed on capital gains that are over 50 million won, or $45,000.
The post South Korea to Impose 20% Income Tax on Crypto Transactions appeared first on BeInCrypto.
The White House has been working with officials from the Treasury Department to highlight and study the bigger issues surrounding crypto.
The post White House Studying Gaps in Oversight of Cryptocurrency appeared first on BeInCrypto.
TheCityUK is pushing for greater protection regarding crypto assets, because they reportedly expose retail consumers to highly volatile markets.
The post UK Finance Lobbyist Wants More Consumer Protection for Crypto appeared first on BeInCrypto.
The group’s goals include standardizing energy reporting, pursuing industry ESG goals, as well as educating and developing the marketplace.
The post Bitcoin Mining Council to Be Formed to Promote Energy Usage Transparency appeared first on BeInCrypto.
The IRS is looking into cracking tools for crypto wallets to “tame the cybersecurity research into measured, repeatable, consistent digital forensics processes.”
The post IRS Looking Into Ways to Monitor Activity Within Crypto Wallets appeared first on BeInCrypto.
Lael Brainard has begun to press harder for a digital dollar after chairman Jerome Powell stated the Fed was in no rush to roll out a CBDC.
The post Federal Reserve Governor Pushes for Central Bank Digital Currency appeared first on BeInCrypto.
If the proposed act passes into law, crypto trading will only be available to professionals with $1 million in their investment portfolio.
The post Hong Kong Announces Proposal to Ban Retail Crypto Trading appeared first on BeInCrypto.
Chairman Gary Gensler brought up cryptocurrencies in his first address of the Financial Industry Regulation Authority.
The post Gensler Mentions Crypto in His Address to FINRA, Urges to Follow ‘Spirit of the Law’ appeared first on BeInCrypto.
The SEC has won the right for foreign assistance in the ongoing battle against Ripple. Earlier, the technology company was trying to block the government body from getting further regulatory information from overseas.
The post SEC Wins Right to Access Information Overseas Against Ripple appeared first on BeInCrypto.
Iran is recruiting its intelligence officers to crack down on illegal cryptocurrency miners within the country.
The post Crypto Miners in Iran Getting Rooted Out by Government Spies appeared first on BeInCrypto.
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