Huang Yiping, a former member of the People's Bank of China's Monetary Policy Committee, said the current ban on cryptocurrency trading in China could result in long-term missed opportunities for the formal financial system, including blockchain technology and tokenization.
Although he acknowledges…
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South Korea to launch Virtual Currency Tracking System
This year South Korea will implement the Virtual Currency Monitoring System, according to an announcement by the Ministry of Justice of the Asian country, which will have as its main objective to reduce crimes related to the crypto market,…
Twitter works on a payment system compatible with cryptocurrencies
Twitter is building a payments system that will be compatible with fiat currencies and may accept cryptocurrencies in the future, according to reports in the Financial Times.
The company has begun the process of applying for state…
Amazon prepares launch of crypto company
The American retail company Amazon is working on the launch of a new company, which could be ready between June and August, framed in the universe of cryptocurrencies.
According to information provided by Blockworks, Amazon would enter the…
Coinbase extends agreement with Germany’s Borussia Dortmund
The Coinbase cryptocurrency exchange platform announced the extension until June of this year of the agreement with the German club Borussia Dortmund.
Given the fragility of the crypto market, hit by the bankruptcy of the FTX group, and…
Tesla hasn’t moved its Bitcoin holdings
Tesla published its financial report for the fourth quarter of 2022, revealing that it had not bought or sold any Bitcoin.
Elon Musk's electric car company first added the flagship cryptocurrency to its balance sheet in February 2021, when…
PayPal data was stolen
Security company ESET analyzed an incident in which information of almost 35,000 PayPal users was exposed on January 18th.
According to an official statement, between December 6th and 8th, 2022, unauthorized third parties accessed the…
Chile: Fintech Law enters into force on February 3
The new Fintech Law in Chile is expected to come into force on February 3 to achieve strict regulation of the capital market.
According to local media, as the date of application of the Fintech Law in Chile approaches, expectations are…
Ripple sees no settlement with the SEC
Ripple CEO Brad Garlinghouse doubts that the company could reach an understanding with the United States Securities and Exchange Commission (SEC).
These statements are based on the fact that Garlinghouse does not see that there are…
Genesis files for bankruptcy
Cryptocurrency lender Genesis recently filed for Chapter 11 bankruptcy protection in the Southern District of New York, United States.
This is not a surprise, the company had previously stated that it was considering filing for bankruptcy…
Silvergate crypto bank lost 877 million in 2022
Silvergate Capital, an entity focused on Bitcoin and blockchain companies and owner of Silvergate Bank, recorded losses of 948.6 million dollars (877 million euros) in 2022, compared to attributable net profit of 75.5 million dollars (70…
El Salvador approves creation of the digital asset issuance law
El Salvador has been in the tip of the iceberg since the adoption of Bitcoin as a national circulation asset. Now it is moving towards the creation of the Digital Assets Issuance Law, for its regulation, protection and commercialization.…