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CFTC WILL BE OVERSEEING CRYPTO INDUSTRY IN USA
- 18 November 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News, World News
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CFTC WILL BE OVERSEEING CRYPTO INDUSTRY IN USA CFTC Commissioner Christy Goldsmith Romero says the agency needs a new way of categorizing investors to prepare for the new oversight of digital assets, now that the Commodity Futures Trading Commission looks set to take over oversight of cryptocurrency trading. In the words of Commissioner Christy Goldsmith
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FRANCE INCREASINGLY OPEN TO DIGITAL SECTOR
- 8 November 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News, EU Law, World News
France will revise its tax rules on cryptocurrencies next year in an effort to continue its neuralgic role in the blockchain sector, and it will not do so by faithfully replicating what is planned in the equities sector. This was stated by Finance Minister Bruno Le Maire. Slightly contradictory are the words of the French
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CENTRAL BANK OF INDIA, PHASED APPROACH TO DIGITAL RUPEE LAUNCH
- 27 October 2022
- Posted by: Cryptovalues
- Category: Central Banks, World News
The Central Bank of India will adopt a gradual approach about the launch of the digital rupee. The Reserve Bank of India will adopt a phased approach about the introduction of digital currency into its economy, considering that it must meet standards for monetary policy, financial stability and efficiency of currency and payment systems. The
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APPROVALS FROM FRANCE TO CONDUCT DIGITAL BUSINESS
- 25 October 2022
- Posted by: Cryptovalues
- Category: Companies, Cryptovalues News
Approvals continue from French financial authorities. SG Forge, the digital asset division of Société Générale, one of France’s oldest banks, has been registered as a digital asset service provider (DASP). The registration allows it to offer custody services for cryptocurrencies, as well as buying, selling, and exchanging for clients. After launching in 2018 as one
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FOR BNY MELLON ALSO STARTS CRYPTO CUSTODY SERVICE
- 24 October 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News, World News
BNY Mellon is launching cryptocurrency custody services, and Bitcoin and Ethereum will be the first cryptocurrencies to benefit from this opportunity. Earlier this fall, the multinational banking corporation formed on July 1, 2007 by the merger of The Bank of New York, founded in 1784, and Mellon Financial Corporation, founded in 1869, received approval from
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N 26 AND BITPANDA: CRYPTO DEAL
- 21 October 2022
- Posted by: Cryptovalues
- Category: Companies, Cryptovalues News
It was July 2021 when N26, a Berlin-based banking group, announced that it would introduce crypto trading functionality within its accounts. In January of this year a truly eloquent statement by N 26 co-founder Max Tayenthal astonished because it contained within it an explicit admission of guilt, but at the same time a willingness to
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USA INSTITUTIONAL INVESTORS CONTINUE TO BUY CRYPTO
- 17 October 2022
- Posted by: Cryptovalues
- Category: Companies, Cryptovalues News, World News
Institutional investors are taking a long-term view of their investments by continuing to focus on cryptocurrencies despite the current negative market. NYDIG acronym for New York Digital Investment Group, is one of the largest companies in the United States, dealing with the provision of crypto services to large corporations, banks and institutional clients and recently
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CALIFORNIA GOVERNOR WARY OF CRYPTO REGULATION
- 13 October 2022
- Posted by: Cryptovalues
- Category: Central Banks, Cryptovalues News, World News
California Governor Gavin Newsom has vetoed a bill that aims to create licensing requirements for cryptocurrency exchanges and companies in the state. The bill, sponsored by Democratic Congressman Tim Grayson, was passed by the state Assembly and Senate last month. The Digital Financial Assets Law will create a much-needed framework for the cryptocurrency space. In
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BASEL STUDY ON CRYPTO ASSETS HELD BY BANKS
- 10 October 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News
Late June, the Basel Committee on Banking Supervision published a proposal to revise capital requirements for risk exposures of crypto assets, including tokenized securities. Some issues were particularly challenging, including whether banks should justify the additional capital requirements that would result from participation in crypto assets. The rationale for these undoubtedly ” strict” rules turns
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BLACKROCK LAUNCHES BLOCKCHAIN-RELATED ETF IN EUROPE
- 10 October 2022
- Posted by: Cryptovalues
- Category: Companies, Cryptovalues News, World News
“We believe that digital assets and blockchain technologies will become increasingly relevant to our clients as use cases develop in scope, scale and complexity,” said Omar Mufti, Product Strategist at BlackRock. The world’s largest asset manager, BlackRock, has launched an ETF on blockchain in Europe that offers exposure to major companies in the sector. The