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GOLDMAN SACHS, J.P. MORGAN, AND CITI APPROACHING IN CRYPTO CUSTODY
- 16 January 2021
- Posted by: admincryptovalues
- Category: World News
No CommentsThis has been a very important week in the world of crypto, in relation to recent missives from the U.S. Office of the Comptroller of the Currency (OCC) also Goldman insider said the bank’s digital assets initiative was “part of a broad digital strategy,” continue to read Source: Coindesk
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LAGARDE CALLS FOR GLOBAL REGULATION OF BITCOIN
- 14 January 2021
- Posted by: admincryptovalues
- Category: Central Banks, ECB - Lagarde
European Central Bank President Christine Lagarde called on Wednesday for global regulation of Bitcoin, saying the digital currency had been used for money laundering activities in some instances and that any loopholes needed to be closed.. continue here In the meantime… Crypto custodian Anchorage has secured conditional approval for a national trust charter from the
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UK REGULATORY APPROACH TO CRYPTOASSETS AND STABLECOINS
- 11 January 2021
- Posted by: admincryptovalues
- Category: World News
This document represents the first stage in the government’s consultative process with industry and stakeholders on the broader regulatory approach to cryptoassets and stablecoins. Foreword In 2018 the government launched a cross-authority Taskforce with the aim of exploring the impact of a rapidly developing cryptoasset market. […] At the time the Taskforce found that distributed
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PAYPAL VENTURES INVESTS IN TAXBIT
- 8 January 2021
- Posted by: admincryptovalues
- Category: World News
Cryptocurrency tax automation software startup TaxBit said it has received a new round of funding led by new investors PayPal and Coinbase Ventures, along with existing backer Winklevoss Capital. Read more HERE Source: Pymnts Image Credit: Flaticon
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FEDERALLY REGULATED BANKS CAN USE STABLECOINS
- 5 January 2021
- Posted by: admincryptovalues
- Category: Central Banks, World News
The federal banking regulator published an interpretive letter that said that these financial institutions can participate as nodes on a blockchain and store or validate payments. Brian Brooks, the Acting Comptroller of the Currency announced his support how stablecoins should be regulated within the U.S. Read more HERE Source: The Office of the Comptroller of the
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GERMAN PRIVATE BANK ANNOUNCED ITS FIRST CRYPTO FUND
- 14 December 2020
- Posted by: admincryptovalues
- Category: Central Banks, World News
The interesting aspect is that the promoter of the initiative is a historic German bank that, also to relaunch itself commercially, bet on the creation of an investment fund (reserved for institutional investors) with “crypto assets”. This was not the first European case of a fund of this kind, but it is the first time
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CBDC EXPERIMENT IN SWITZERLAND
- 4 December 2020
- Posted by: admincryptovalues
- Category: Central Banks, World News
The Swiss National Bank (SNB), the Bank for International Settlements (BIS) and SIX, have carried out a proof-of-concept experiment that integrates tokenised digital assets and central bank money. Read more HERE Source: Finextra
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LIBRA TO LAUNCH NEXT YEAR
- 27 November 2020
- Posted by: admincryptovalues
- Category: World News
Financial Time announces the launch of Libra will come in a limited release for the new year. Read more HERE Source: Financial Times – One Review Shop Author: Nitesh
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EUBLOCKCHAIN PUBLISHED A STUDY ON THE LAST DEVELOPMENTS OF EU BLOCKCHAIN SYSTEMS
- 24 November 2020
- Posted by: admincryptovalues
- Category: Cryptovalues News, ECB - Lagarde, EU Law
To support Europe’s efforts to develop a harmonized framework across the EU member states about crypto-assets and their underlying technology (Blockchain or Distributed Ledger Technology, DLT), it is therefore important to study the current level of regulatory and market maturity in each of them. The EUBlockchain Observatory and Forum has undertaken a study on capturing
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CBDC IN AN OPEN ECONOMY
- 20 November 2020
- Posted by: admincryptovalues
- Category: Central Banks, ECB - Lagarde
A working paper issued by the European Central Bank examines the open-economy implications of the introduction of a central bank digital currency (CBDC) and analyses the international transmission of standard monetary policy and technology shocks in the presence and absence of a CDBC and the implications for optimal monetary policy and welfare. The outcomes show