Digital Financial News
27.05 / 13:07
BLOCK
Reuters
Digital
SEC
2024
crypto transfers
Thailand Exempts Crypto Transfers from VAT Payments until 2024
The Thai government has decided to exempt crypto transfers from value-added tax (VAT) payments until December 31, 2023, following a royal decree, the Bangkok Post reported.
27.05 / 13:07
Blockchain
Digital
Tether
USDT
Tether Floats Mexican Pesos-based Stablecoin in Latin America
Tether Operations Limited, the blockchain startup behind the USDT stablecoin, has announced its entry into Latin America with the launch of the Mexican Pesos backed MXN₮ stablecoin.
27.05 / 13:01
Provident
Digital
Digital Dollar Could Coexist With Stablecoins, Fed Vice Chairwoman Says
WASHINGTON—A U.S. central bank digital currency could one day provide consumers with a level of safety amid a proliferation of privately-issued digital assets such as stablecoins, Federal Reserve Vice Chairwoman Lael Brainard told House lawmakers Thursday.
27.05 / 05:25
UPS
Digital
Bitcoin
Portugal a crypto tax-free nation, again – At least for now
A proposal to tax Bitcoin and other cryptocurrencies was rejected by Portugal’s parliament today. Left-wing parties Bloco de Esquerda and Livre advocated taxing digital assets during a Wednesday evening budget discussion, but the motion was rejected, according to online daily ECO’s live blog.
26.05 / 17:11
Provident
Digital
lawmakers
vice chair
Fed vice chair set to tell lawmakers a US central bank digital currency could coexist with stablecoins
WASHINGTON — A US central bank digital currency could one day coexist with and even complement so-called stablecoins, Federal Reserve Vice Chairwoman Lael Brainard plans to tell House lawmakers on 26 May.
26.05 / 15:33
Ethereum
Digital
JPMorgan
Bitcoin
JPMorgan sees hope for Bitcoin as one of its leading ‘alternative assets’
Despite a huge sell-off in cryptocurrencies, JPMorgan believes that Bitcoin’s fair price is 28% higher than its present level. This would seem to signal a “significant upside from here.” In fact, the firm had also claimed that $38,000 would be a reasonable price for Bitcoin.
26.05 / 12:49
Blockchain
Digital
Platform
Mobile
PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse
PCCW and HKT have become the first Hong Kong-based communications, media and technology (CMT) organisations to join the metaverse following a partnership with The Sandbox.
26.05 / 08:55
26.05 / 03:25
Digital
Bitcoin
ECB survey: Crypto’s futures contracts and options trading is bound to be…
The European Central Bank (ECB) recently published a report titled ‘Decrypting financial stability risks in crypto-asset markets.’ The report comes at a time when crypto-assets are at the center of intense policy debates.
26.05 / 02:03
UPS
Digital
Software
Nomura leads $6 million investment in climate tech startup Allinfra
The newly secured funding will be used to scale up product development and sales resources for the firm's sustainability data management software, Allinfra Climate, and asset tokenization platform, Allinfra Digital, expanding Allinfra’s offering to clients across more industries and use cases.Dave Sandor, co-founder and CEO of Allinfra, comments: “It’s validating to have leaders in the financial markets recognise the value of our technology and its ability to revolutionise climate-aligned products.” Oliver Dang, COO of Nomura's wholesale digital office, says the institution will deploy Alinfra's technology to develop and distribute digital asset products in the climate finance market
25.05 / 18:17
Citi
BTC
Digital
Bitcoin
Latest BTC downturn presents El Salvador this crisis but Nayib Bukele…
The entire crypto market is trying to recover from the latest crash. Meanwhile, El Salvador president Nayib Bukele looks undefeated. Recently, he shared a “cool” jab on social media despite the latest Bitcoin shortcomings. It’s worthy to note that his government is facing a mounting crisis with the legal experimentation of Bitcoin.
25.05 / 15:07
Digital
Insurers are finally going after crypto opportunities — here’s why
After years on the sidelines, the insurance industry is increasingly embracing the digital assets sector.
25.05 / 14:21
25.05 / 13:07
25.05 / 10:29
Blockchain
Kucoin
Digital
Continental
Bitcoin
11x in 2022 – What you should know about Africa’s crypto startup culture
Crypto-businesses in Africa received more venture capital in the first quarter of 2022 than in the first quarter of 2021. This, according to the African Blockchain Report 2021 by Crypto Valley Venture Capital (CV VC) and Standard Bank.
25.05 / 05:31
Blockchain
Digital
CEO
Platform
Support
Fireblocks Adds Support for TRON DAO’s TRX and all TRC20 Tokens
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
25.05 / 02:03
UPS
Digital
Platform
Swift and CapGemini work on CBDC gateway to existing payment networks
This time, in collaboration with Capgemini, the trials will assess how Swift can interlink, at a network level, CBDC platforms regardless of technology, with existing payments systems.“Facilitating interoperability and interlinking between different CBDCs being developed around the world will be critical if we are to fully realise their potential,” says Thomas Zschach, chief innovation officer at Swift. “Today, the global CBDC ecosystem risks becoming fragmented with numerous central banks developing their own digital currencies based on different technologies, standards and protocols.”If left unaddressed, this fragmentation could lead to ‘digital islands’ springing up across the globe, believes Nick Kerigan, head of innovation at Swift.
25.05 / 00:41
Ethereum
Lowe's
Digital
Platform
ethereum name service
Is ENS totally divorced from the surge in Ethereum Name Service domains
Web3 technology is a technology that keeps giving. We started with creating various kinds of digital currencies that are free from regulatory control. These currencies can be held in digital wallets that can be reached through wallet addresses.
24.05 / 18:31
Digital
Santiment
Cardano’s [ADA] trading takeaway ahead of Vasil hard fork
With some coins and tokens swimming in the red while others are still green, it can be hard to find your bearings and know when the tide might turn next. To that end, here are what the signs had to say about Cardano [ADA].
24.05 / 15:39
BTC
Digital
Extreme
Bitcoin
Cardano, Polkadot saw baffling inflows while AuM touched its toes
Cryptocurrencies still remain weak in light of the immense bloodshed after the dramatic crash of the stablecoinTerraUSD. This sudden fall triggered a sell-off and chaotic situation within the crypto market. Despite the traumatic turn of events, investors have managed to maintain some faith in digital assets.
24.05 / 15:39
Digital
Extreme
Gap
FED survey highlights this ‘concerning’ gap regarding crypto as the U.S. adults…
The digital asset sector, despite several hiccups, has boomed in the last few years, especially in terms of adoption. Across the globe, investors, traders, and renowned financial institutions have acknowledged the asset class. Well, the U.S. is no different.
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