Cryptocurrency Financial News

Digital banking platform Revolut is expanding into decentralised cryptocurrency wallets

Cuban central bank issued regulations last Tuesday for virtual asset service providers

US Fed in its forthcoming May 2-3 policy review, even as the US economy contracted 1.4 per cent in the March quarter. Similar concerns had led to a meltdown on Wall Street overnight. Bitcoin, the largest crypto by market value, fell 2.43 per cent in the last 24 hours to $38,607.36. It is down 2.3 per cent in the last seven sessions.

At the Berkshire Hathaway Annual Meeting 2022, chairman and CEO Warren Buffett and vice-chairman Charlie Munger were back at their game. They elaborated on their investment decisions, spoke about market trends and follies, and ribbed each other. 

Key Speakers At Bloomberg Invest Asia Event: Roger Ver

Swiss National Bank opposed to holding bitcoin as a reserve currency

'The Climate Conversation exhibition at Seattle, world's first NFT Museum.

Siddharth Jaiswal

Offshore financial services' hub, Panama, adopts crypto assets

money transfers which are low cost and frictionless. Technically, blockchain based cryptocurrencies offer such benefits but face considerable regulatory hurdles. This is where some of the new age money transfer platforms are offering viable alternatives to transfer money. Wise, a global technology company is building ways to move money around the world. Started in 2011, Wise helps people and businesses hold more than 50 currencies, move money between countries and spend money abroad. Globally around 11 million people and businesses use Wise, which processes over £6 billion in cross-border transactions every month. London based Wise entered India in June last year and has tied up with RBL Bank enabling Indians to send money abroad through. In an e-mail interview Diana Avila, global head of banking & expansion, Wise, discusses money transfers, cryptocurrencies and other issues. Edited excerpts:

Lorena’s daughter was just 17 when she joined the IM Academy, an online trading course that promised to bring her wealth and success by training her in foreign exchange and cryptocurrency investing.

How much would you like your pension fund to bet on crypto-based mortgages?

Crypto has brought in a new generation of investors who identify at a personal level with what they invest in, and they’re not necessarily calling for the regulator as soon as they face problems, according to a European blockchain and technology investor.

International regulators should cooperate to develop a regulatory framework for cryptoassets – but not over-regulate the industry and kill innovation, according to a senior representative of the UK regulatory body Financial Conduct Authority (FCA).

As the members of the European Parliament have launched the final round of negotiations on the controversial Transfer of Funds Regulation (TFR) today, the crypto industry hopes to impact the legislative proposal’s wording through a lobbying campaign aimed at the European Union’s lawmakers.

Crypto regulation will take time, "can't be rushed through": Sitharaman

Ankitt Gaur and Anshul Dhir

Nirmala Sitharaman has said. «It has to take its time for all of us to be sure that at least, with the given available information, we are making a discerned decision. It can't be rushed,» Sitharaman said during an interaction with students and faculty at Stanford University in California. «There is impatience outside saying what are you doing about crypto… I understand the impatience but I'm sorry, that's how it is going to be,» she said.

Why bitcoin adoption by Central African Republic will be a real test case?

Crypto regulation will take time, "can't be rushed through": Sitharaman

Australian regulators seek crypto regulation by 2025