County Will Financial News

28.02 / 21:19

Federal Reserve Bitcoin Potential Fallout From War in Ukraine May Be Priced Into Crypto Market - Observers

Russia’s invasion of Ukraine continues, and so do the discussions on how the worsening geopolitical, economic, and social factors may affect pretty much all segments of the wider society. Two crypto exchanges shared their views with Cryptonews.com on what may await the crypto market, and what segments are the most threatened.

27.02 / 22:13

Continental For Europe, Russia Sanctions Will Sting

Russia’s invasion of Ukraine threatens to set back Europe’s economic recovery from the Covid-19 pandemic, as sanctions, tensions and energy prices weigh on businesses and households in parts of the continent at a time when growth is slowing and inflation rising.

18.02 / 13:33

Binance regulation banking Department Binance Joins Russian Banking Union, Will Head New Crypto Department

The crypto exchange giant Binance has joined the Association of Russian Banks (ARB), where its Russia and CIS (Commonwealth of Independent States) lead will head a new crypto department.

18.02 / 00:43

business Stablecoin Circle Usd Coin Concord valuation Circle’s valuation doubles to $9B following revised merger agreement with Concord

USD Coin (USDC) operator Circle has seen its valuation double to $9 billion after the company revised its merger agreement with Concord Acquisition Corp, a special purpose acquisition company (SPAC) founded in 2020.

13.02 / 01:17

UPS Citizens Will EU give in to the calls of a crypto ban like China

Governor Matolcsy of the Central Bank of Hungary has expressed support for the idea of a crypto ban in the EU. He noted in a statement,

08.02 / 14:21

BLOCK CEO Platform Racing India: Will crypto volumes ‘drop off the cliff’ after the 1% TDS proposal

India Finance Secretary T.V. Somanathan had told media outlets last week that crypto taxation is kept next to winnings from horse races, or bets and other speculative transactions with the proposed 30% transaction tax. Alongside that, the 1% TDS announced with a threshold had got the industry worried.

05.02 / 03:09

FIVE Digital Platform Mobile Understanding China's Digital Yuan

Among the world's biggest economies, China has become the frontrunner in developing a Central Bank Digital Currency (CBDC). The Asian giant completed a trial of the DC/EP, as its digital currency is known, in September and is currently rolling it out on major e-commerce platforms within the country. Here is a brief primer on the digital currency.

02.02 / 12:21

Exchange M&A FTX FTX to Enter Japan via Liquid Group Acquisition

Major crypto exchange FTX is readying to set up shop in the land of the rising sun via the acquisition of the Liquid group, the owner of a licensed Japanese crypto exchange, Quoine.

01.02 / 03:13

Citi Digital Limelight Winter Olympics Winter Olympics spotlight Beijing’s digital yuan: Will China’s CBDC plans push others to move faster?

Central bank digital currencies will get some international limelight over the next couple of weeks as China plans to test its digital yuan at the Beijing Winter Olympics.

31.01 / 12:13

cryptocurrency crypto news Bitcoin week Crypto week at a glance: Buying at lower levels, strictness saddened sentiments

Bitcoin, the most active cryptocurrency, recovered nearly 15 per cent to trade at $37,600 levels at the time of this article. Bitcoin, along with many other cryptocurrencies, had a fantastic yet volatile run in 2021, hitting all-time highs.Negative sentiments prevailed The price correction was imminent to test the support levels. Despite some bargain buying at lower levels by both institutions and retailers, many remained on the fence due to the overall negative sentiments in the financial markets.

18.01 / 06:57

Binance regulation taxation expansion Binance eyes Thailand for latest crypto exchange expansion

Binance is looking to re-establish crypto exchange services and possibly open a new branch in Thailand after signing an agreement with Gulf Energy Development PCL.

17.01 / 21:41

regulation advertisement Spanish government will implement new rules for crypto ads

Spanish financial regulator Comisión Nacional del Mercado de Valores, or CNMV, announced new regulations for crypto-asset investments advertising. According to the new circular that will take effect on February 17, 2022, crypto ads must be “clear, balanced and fair” while also providing sufficient information on the risks involved when investing in crypto.

12.01 / 19:49

Money Bitcoin new cryptocurrency Will New York's new mayor turn the city into a new cryptocurrency hub?

With US cities such as Miami and Austin trying to court digital asset companies, John Wu was unsure whether to make New York the permanent home of his cryptocurrency and blockchain start-up Ava Labs - until Eric Adams was elected mayor last year.

05.01 / 12:21

regulation Bitcoin New El Salvador Laws Will Help Bitcoiners Who Want to Move to the Country, Says Gov’t

The government of El Salvador has unveiled further details about the “20 new financial and innovation”-related laws recently announced on Twitter by the President Nayib Bukele – and it looks like the legislation will be aimed at bitcoin (BTC) enthusiasts hoping to move to the country and helping the government roll out its bitcoin bonds.

31.12 / 18:15

Stablecoin Adoption Tether US regulators Will US regulators shake stablecoins into high-tech banks?

Regulators around the world have been thinking seriously about the risks associated with stablecoins since 2019 but recently, concerns have intensified, particularly in the United States.

21.12 / 14:37

business Art Dubai ruler ordered to pay €645 million to his ex-wife and their children

Dubai's ruler Mohammed bin Rashid al-Maktoum was ordered on Tuesday to pay more than €640 million to his ex-wife and their children, in what is believed to be the largest divorce settlement awarded by a British court.

08.12 / 14:12

Blockchain Amazon CEO Future Future Of Crypto In India - AMA With CoinSwitch CEO Ashish Singhal

CoinSwitch Kuber's CEO Ashish Singhal has said that crypto is being seen as an asset class

03.12 / 05:23

CBDC regulation Bitcoin Regulation Cabinet note suggests India will regulate, rather than ban, crypto

According to reports from local media, the Indian government will not move for an outright ban on crypto and will instead regulate the sector.

24.11 / 15:42

cryptocurrency coinswitch kuber Cryptocurrency Bill Bitcoin Explained: All that we know about the upcoming Cryptocurrency Bill 2021

There is currently a lot of noise around whether the Indian government will ban cryptocurrencies or not. While details are not known, the 2021 bill regulating their use is to be tabled in Parliament’s Winter Session.

23.11 / 20:50

Government regulation Indian Indian parliament's agenda for winter session includes bill on banning 'private cryptocurrencies'

The Indian government will be considering a bill that would create a digital rupee starting as early as next week, but may also ban certain cryptocurrencies in the country.

22.11 / 17:15

Target Jerome Powell Will Face an Utterly Different Economy in a Second Term

Over his first term in office, Jerome Powell became arguably the most dovish chairman in the Federal Reserve’s modern history, giving priority to full employment in an era in which inflation seemed extinct. In his second term he may have to execute the reverse: giving priority to inflation at the risk of sacrificing jobs.

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