Citizens Financial News
21.10 / 17:39
Blockchain
Digital
Citizens
Russian Regulator: Crypto Sanctions Are a Form of Digital Fascism
One of Russia’s top regulators thinks that the crypto-related sanctions that have been imposed on the country and its citizens are a type of “digital fascism.”
21.10 / 14:29
Provident
Citizens
Tether
USDT
Tether USDT
Tether USDT Available in Over 24,000 ATMS in Brazil
Stablecoin issuer Tether has announced that SmartPay aims to boost the Brazilian population’s access to the popular USDT stablecoin by making it available at more than 24,000 ATMs across the South American country.
21.10 / 12:25
Citi
Citizens
Tax
Brazil’s Eighth-largest City OKs Plan to Let Residents to Pay Taxes in Crypto
Brazilian cities are racing to allow their citizens the ability to pay their local taxes in crypto – with the nation’s eighth largest city set to allow residents to settle their bills in bitcoin (BTC) and other tokens from next year.
18.10 / 03:07
Blockchain
Provident
Digital
Citizens
South Korea to provide blockchain-based Digital IDs to its citizens
South Korea is planning to introduce blockchain-based digital IDs for its citizens with a smartphone by 2024, according to Bloomberg. These digital IDs will be installed on smartphones and work as efficiently as physical resident registration cards.
17.10 / 14:19
Blockchain
Provident
Digital
Citizens
2024
South Korea to Provide Blockchain-based Digital Identities to Citizens by 2024
South Korea plans to provide digital identities encrypted by blockchain with smartphones to citizens in 2024 to facilitate its economic development., Bloomberg reported Monday.
06.10 / 21:47
27.09 / 12:28
Reuters
Digital
Citizens
Platform
Ruble
Why Russia’s Plans to Use Digital Ruble in Trade with China is Positive for all Crypto
In the aftermath of its aggression against Ukraine, Russia is intensifying plans to use its central bank digital currency (CBDC), the digital ruble, in the country’s trade with China. The development could encourage other nations across the world to use CBDCs in mutual settlements with foreign partners, accelerating global crypto adoption.
23.09 / 20:57
Digital
Citizens
Cross-border
Is Russia set to approve cross-border crypto transactions
Russia’s Ministry of Finance and the Bank of Russia have agreed on a bill that will allow Russian citizens to engage in cross-border transactions using cryptocurrencies.
22.09 / 13:22
Citi
Citizens
Strategy
Bitcoin
South Korean Taxman Has Seized $186m Worth of Crypto from Tax Dodgers in Past 2 Years, Says Gov’t
South Korean tax authorities have seized over $186 million in crypto from tax-evading individuals since 2021.
21.09 / 13:31
21.09 / 12:57
Provident
Digital
Citizens
Indonesia to Update Govt Rules for Crypto, Implement More local Control
Indonesia could see new rules for crypto asset exchanges.
21.09 / 01:29
Payments
Citizens
regulation
National
hearing
Threat
Hearing: Alternative payments’ threat to national security goes far beyond crypto
Non-crypto alternative payment systems pose a serious threat to United States security, according to testimony presented at a U.S. House Financial Services Committee Subcommittee on National Security, International Development, and Monetary Policy hearing Tuesday. The alternative payments ecosystem should be seen as a whole, and crypto can enhance national security, speakers said.
19.09 / 18:49
Provident
Digital
Citizens
Interface
Department
United States treasury department wants this on the CBDC front
A recent report published by the U.S Treasury Department has outlined the administration’s plans for financial alternatives like CBDCs and their role in future payment.
14.09 / 20:04
UPS
Citizens
Platform
Bitcoin
Egyptian Central Bank has this message for its cryptocurrency traders
The Central Bank of Egypt (CBE) has warned Egyptian citizens against dealing with encrypted virtual assets, including cryptocurrencies, due to the associated risk,reported the Egypt Independent.
13.09 / 19:01
UPS
Provident
Citizens
Bitcoin
Dips be damned, El Salvador is stronger because of Bitcoin
Since El Salvador adopted Bitcoin (BTC) as legal tender in September 2021, there have been a number of quick judgments issued declaring this move a failure, with some pundits going as far as to suggest that Bitcoin is somehow responsible for the economic challenges that existed in El Salvador well before Bitcoin was even created. But the traditional financial experts, talking heads and even representatives from the International Monetary Fund (IMF) espousing this point of view are missing the point entirely.
10.09 / 11:17
BTC
Citizens
MicroStrategy
Bitcoin
MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filing
MicroStrategy, the largest institutional Bitcoin (BTC) buyer, entered an agreement with two agents — Cowen and Company and BTIG — to sell its aggregated class A common stock worth $500,000,000, reveals Securities and Exchange Commission (SEC) filing.
06.09 / 15:37
UPS
Citizens
Lawyer
Lawyer For Alleged Russian Crypto Launderer Seeks Prisoner Swap With U.S.
As the relations between the U.S. and Russia remain stringent due to the latter country’s invasion of Ukraine, a lawyer for a Russian citizen accused of laundering more than USD 4bn worth of crypto has called on the Kremlin to facilitate a prisoner exchange involving his client with Washington.
31.08 / 08:29
cryptocurrency
Citizens
crypto news
Southern
fugitive
Interpol's Crypto Fraud Suspect, Fugitive Turkish Arrested In Albania Resort
Fugitive Turkish crypto fraud suspect arrested in Albania resort
09.08 / 12:59
25.07 / 10:53
Provident
BLOCK
Citizens
Stealth
What Is a VPN Block and How to Bypass It
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