Deputy Carlos Rejala and Senator Fernando Silva Facetti presented a legislative proposal called "Law that regulates the industry and commercialization of virtual assets and crypto assets". The law will regulate all activities related to Bitcoin (BTC) or digital mining in Paraguay.
The legal…
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Italy releases warnings on Binance
The Italian Companies and Stock Market Commission (Consob) released a statement to inform that Binance Group and affiliated companies do not have any authorization to operate within Italy.
"In any case, it is important for investors to be…
Binance could Restrict UK pound withdrawal
UK users of the Binance platform were informed about the suspension of cryptocurrency withdrawals in sterling.
This is not the first time this has happened, in June of this year cash payments through Faster Payouts had been stopped after a…
Janet Yellen seeks the approval of the global fiscal pact
The United States Congress can approve in the spring of 2022 one of the pillars of the global tax agreement agreed within the framework of the OECD and endorsed by the G20 in Venice. This was stated by the US Secretary of the Treasury,…
France and Singapore jointly test cbdc
The Bank of France and the Monetary Authority of Singapore (MAS) are jointly testing digital currencies issued by central banks, according to a joint statement.
Both institutions ensured that the cross-border settlement and payment…
Korea wants to institutionalize cryptocurrencies
The South Korean Democratic Party recently organized a crypto task force with the aim of "institutionalizing" cryptocurrencies with innovative legislation. The intention is to soften the attitude of the regulator and propose progressive…
NFT sales exceed $ 2.5 billion
During the first half of 2021, sales of non-fungible tokens (NFT) were at historical values compared to what was achieved in 2020.
Specifically, the profits from the trading of these types of tokens generated 2.5 billion dollars during…
Iran prepares to regulate cryptocurrency mining
The legislators of the Iranian parliament presented a bill that will allow crypto mining in their territory with well-established rules and a preponderant role of the Central Bank.
The project aims to "support cryptocurrency mining and…
12 Russian banks to participate in digital ruble tests
Sberbank, VTB, Alfa Bank, Gazprombank and Tinkoff are part of the 12 banks that were selected by the Central Bank of Russia to participate in the initial tests of the future digital currency of the country, the digital ruble.
As you may…
German automotive industry towards technological transformation
The German Transport Minister Andreas Scheuer, from the Bavarian Christian Social Union (CSU), met with executives from the automobile sector in the so-called "automobile summits", but also had direct telephone communications or meetings…
Bank of Mexico increases interest rates to 4.25 %
Most of the members of the Governing Board of Bank of Mexico(Banxico) resolved to increase interest rates by 25 basis points, to stand at 4.25 %.
With this decision, the financial entity aspires to slow down inflation, which stood at 6.02…
Criminals focus their efforts on Amazon Prime Day
Cybercriminals targeted Amazon Prime Day discount period customers with an increase in malicious activity leading to 80 % of domains containing the word 'Amazon' potentially dangerous.
In the run-up to Amazon Prime Day 2021, cybercriminals…