The Bank of England (BoE) is studying a new set of regulations that includes limiting payments made using stablecoins.
According to statements this Monday by the entity's lieutenant governor, Jon Cunliffe, during the annual Innovate Finance conference, "the need to regulate digital assets amid an…
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Coinbase seeks to further the vision of the UK as a Web3 hub
Coinbase, a cryptocurrency exchange, presented a vision suggesting that the UK could become an "innovation hub for the Web3 economy" and strengthen its cryptocurrency sector.
This comes amid reports that the UK Treasury intends to…
Ripple signs agreement with Montenegro for the launch of a national CBDC
Montenegro, a European country mostly focused on tourism, has signed an agreement with Ripple for the creation of a national CBDC. The news of the agreement, this April 11, was corroborated by the Central Bank of Montenegro (CBCG).…
Twitter will incorporate cryptocurrency transactions
Twitter, the popular social media platform owned by Elon Musk, is set to introduce a new set of financial features that will enable asset trading directly from the app in partnership with eToro, a global multi-asset investment firm,…
IMF calls for strict regulation for cryptocurrencies
The International Monetary Fund has made a new request to governments, authorities and sectors linked to cryptocurrencies to establish stricter regulations.
The IMF's request could not be more timely, taking into account the collapse of…
Bitfinex obtained the first digital asset license in El Salvador
The government of El Salvador granted Bitfinex, an international exchange based in the British Virgin Islands, the first license issued by the country specifically for digital asset service providers.
The company announced this news…
Russia closes gap with the United States in Bitcoin mining
The United States currently remains at the top of Bitcoin mining. However, this situation could change due to the turbulence in this sector, in addition to the banking crisis, and catapult Russia to the first place.
China remained the main…
SushiSwap hacking attack causes losses of $3.3 million
SushiSwap, a cryptocurrency decentralized exchange (DEX), fell victim to a cyberattack that resulted in the loss of $3.3 million worth of Ether (ETH) belonging to a user. The attack happened over the weekend and targeted the RouteProcess02…
Brazilian bank BTG Pactual launches dollar-pegged cryptocurrency
+This week, the Brazilian bank Pactual announced the launch of the central bank coin BTG Dol. It is linked to the dollar, according to the bank.
The first digital currency in the world that has been issued by a bank has been baptized BTG…
FTX Europe launches asset return plan to local users
FTX Europe announced on March 31 that it will return funds to local users. Only users who opened their accounts at FTX.com/eu in 2022 will be able to benefit from this measure.
Clients, according to the subsidiary, will first receive an…
Investors and cryptocurrency miners will pay taxes in Denmark
The Supreme Court of Denmark has established that Bitcoin mining and investment cannot be considered tax-free, due to the speculative nature of such activities.
Taking into account that those who buy Bitcoin estimate that they can sell…
Cryptocurrency companies struggle to access banking services in the UK
Cryptocurrency businesses face multiple difficulties in accessing banking services in the UK. According to various sources, the few banks that still work with cryptocurrencies are increasingly requesting more documentation and information…