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UK, REMAINS WILLING TO MAKE COUNTRY HOSPITAL FOR DIGITAL INDUSTRY
- 6 October 2022
- Posted by: Cryptovalues
- Category: Companies, Cryptovalues News, World News
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The will of Britain’s political leadership has always been directed toward making the country a “hospitable place” for the industry. With the new government comes a kind of officialdom, so much so that it moved promptly to make its position known thanks to a speech recently delivered in the House of Commons (HoC) by Richard
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COLORADO ACCEPTS BITCOIN FOR TAX PAYMENTS
- 3 October 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News, World News
Colorado Governor Jared Polis has announced that the U.S. state will begin accepting cryptocurrencies for tax payments. It will then allow individuals and businesses to use cryptocurrencies for tax payments. It will use its own registry to monitor cryptocurrency transactions converted to dollars that will be deposited with the State Treasury. “We are once again
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U.S. GOVERNMENT GUIDING RULES TO REGULATE DIGITAL SECTOR
- 30 September 2022
- Posted by: Cryptovalues
- Category: Central Banks, Cryptovalues News, World News
The Biden administration has just released a framework for the development of digital assets, after receiving the recommendations requested in the March 9 executive order. As with all other nations seeking to regulate digital assets, the framework in the U.S. will focus its efforts primarily on consumer protection, which then becomes primary. The document recommends
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AFTER PARIBAS ALSO SOCIÉTÉ GENERALE LAUNCHES CRYPTO SERVICES
- 28 September 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News
Growing interest from investors who wish to integrate cryptocurrencies into their portfolios, French bank “Société Generale” has introduced new services for its asset manager clients who wish to develop cryptocurrency-based funds, according to a recent statement. These services allow asset managers to act as fund custodians, valuers and liability managers “in a simple way and
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NASDAQ AND CRYPTOCURRENCY CUSTODY : THE PROCESS HAS BEGUN
- 26 September 2022
- Posted by: Cryptovalues
- Category: World News
Nasdaq, owner and operator of the second-largest stock exchange in the United States, is launching a group dedicated to digital assets. Leading this new unit, which will initially offer custody services for Bitcoin and Ethereum to institutional investors, will be the former head of prime broker services at the Gemini crypto exchange, Ira Auerbach. Prolonged
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FED IN THE NEEDS OF NEW CITIZENS
- 22 September 2022
- Posted by: Cryptovalues
- Category: World News
The US Federal Reserve revealed that it will launch its FedNow payment service in mid-2023. On 29 August, the Fed issued a press release stating that the instant settlement service will be ready between May and July. A trial period for the service will also begin this month. FedNow is an instant payment service that
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DIGITAL EURO, SEVERAL STEPS FORWARD
- 20 September 2022
- Posted by: Cryptovalues
- Category: Central Banks, Cryptovalues News, ECB - Lagarde, EU Law
Europe is working on the design of a central bank digital euro (CBDC). The main motivation is to maintain the role of central bank money in the economy, even if it is ‘threatened by the digital revolution’, according to French Central Bank President Galhau. The recommendations of the Bank for International Settlements, which has long
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SINGAPORE WANTS TO REGULATE CRYPTO
- 19 September 2022
- Posted by: Cryptovalues
- Category: Central Banks, Cryptovalues News, World News
The Monetary Authority of Singapore (MAS) is seeking information from cryptocurrency companies ahead of a planned regulatory review. It appears to have forwarded a questionnaire to various applicants and holders of its digital payments licence. The aim is to assess the interconnectedness and financial soundness of cryptocurrency companies under its jurisdiction. Accordingly, it is trying
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PROGRESS ON CBDC IN NORWAY
- 12 September 2022
- Posted by: Cryptovalues
- Category: Central Banks, Cryptovalues News, World News
The Central Bank of Norway is moving forward with its Central Bank Digital Currency (CBDC) project and testing an Ethereum L2 solution. The country, where the use of cash is among the lowest in the world, committed to testing the CBDC last year in April. The Norwegian Central Bank announced that the country would start
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ALBANIA READY TO REGULATE AND TAX DIGITAL ASSETS
- 11 September 2022
- Posted by: Cryptovalues
- Category: Cryptovalues News, World News
In Europe, there are many countries that are enthusiastically embracing cryptocurrencies and we have talked about them several times in our articles. Conversely, there are also pockets of resistance in countries such as Malta, to all intents and purposes the least crypto-friendly country in Europe. Third among the least active countries on the topic of