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AUSTRALIA, A CITY WOULD BE READY TO CHARGE TAXES IN BITCOIN
- 1 July 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News, World News
No CommentsThe Mayor of the Gold Coast, Tom Tate, has proposed to allow the use of bitcoin as a means of paying municipal taxes. In his third consecutive term as mayor of Australia’s sixth most populous city with a population of around 650,000, Tom Tate is interested in engaging younger citizens and argues that cryptocurrencies would
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US SENATORS SEEK VIEWS ON REGULATING THE DIGITAL SECTOR
- 29 June 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News, World News
Interesting initiative by some US senators who, regarding the regulation of cryptocurrencies, with the aim of taking into account different needs, are seeking feedback from all those with expertise to provide it. The senators are looking for comments ‘to ensure that the legislation reflects the innovative nature of the industry it regulates’ and this will
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GRAYSCALE READY TO SUE THE SEC
- 27 June 2022
- Posted by: Cryptovalues
- Category: Companies, Cryptovalues News, World News
SEC has rejected yet another physical replication ETF on Bitcoin, Grayscale says it is ready to take the court route, to take its own arguments before the judge. This would be a first for the agency that regulates markets in the US, at least in the crypto field, since the body is always or almost
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CITIGROUP CONTINUES RECRUITING IN THE DIGITAL SECTOR
- 20 June 2022
- Posted by: Cryptovalues
- Category: Companies, Cryptovalues News, World News
Citigroup is bucking a market where hiring in the technology sector is at an all-time low. Jonathan Lofthouse, Citigroup’s head of markets technology and enterprise risk, announced plans to hire 4,000 new employees, one-third of which will be for the markets technology team, as part of the firm’s ongoing efforts to gain a foothold in
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FIDELITY EXPANDS OFFERING IN THE DIGITAL INDUSTRY
- 15 June 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News, Institutional Relations, World News
Fidelity Investments is the fourth largest asset manager globally, with over $4.5 trillion in assets under management, and founded Fidelity Digital Assets in 2018 with the aim of providing custody and trading services for Bitcoin. From a report in the Wall Street Journal, Fidelity is planning to offer custody and trading services for Ethereum and
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THE BANK OF JAMAICA (BOJ) HAS LEGALISED ITS CBDC: IT’S CALLED JAM-DEX
- 13 June 2022
- Posted by: Cryptovalues
- Category: Central Banks, Cryptovalues News, World News
The Central Bank of Jamaica has officially approved the Central Bank Digital Currency (CBDC) as legal tender, becoming the first country to do so. The trial began in August 2021, with the unfulfilled expectation of starting in the first quarter of 2022. The Jamaican Senate reportedly authorised the central bank to issue its CBDC, known as
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SUMITOMO MITSUI TRUST BANK GETS THE CRYPTOCURRENCY CUSTODY BUSINESS
- 10 June 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News, World News
There is interest in the digital sector in Japan, and there is no shortage of interest from institutional investors who see the fall in prices as an opportunity for their own and their clients’ investments. Sumitomo Mitsui Trust Bank, one of Japan’s leading financial groups, has decided to enter the cryptocurrency custody sector. The company
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PAYPAL WILL ALLOW MOVING CRYPTO TO EXTERNAL WALLETS
- 9 June 2022
- Posted by: Cryptovalues
- Category: Companies, Cryptovalues News, World News
PayPal has announced that its users can transfer cryptocurrencies from the platform to external wallets. The news will allow users to transfer coins and tokens to their own wallets freely. This is a long-awaited news because previously this possibility was inhibited, but now it is in response to a need from customers, who have been
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CHINA – PILOT PROJECT TO PAY TAXES WITH THE DIGITAL YUAN
- 8 June 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News, World News
China has made the development of CBDCs such a priority in its long-term agenda that it has conducted several pilot projects in recent months to introduce the digital yuan (CBDC) into the economy. While a year ago the pilot test was carried out in four major cities and had seen 2 billion yuan ($299 million)
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CYPRUS DEVELOPS A REGULATORY FRAMEWORK FOR CRYPTOCURRENCIES.
- 7 June 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News, Institutional Relations, World News
Cyprus – famous for the presence of a large number of online trading brokers on its island thanks to favourable legislation that makes it attractive to financial intermediaries, with low fees and minimal rules – has taken a stance on crypto regulation. Kyriacos Kokkinos, Deputy Minister for Research, Innovation and Digital Policy, said that Cyprus