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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cryptocurrencies
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,…
BlockFi starts selling mining assets
BlockFi, the bankrupt cryptocurrency lender, has begun receiving offers for its mining business assets and expects more before its February 20 deadline.
According to BlockFi's lawyer, Francis Petrie, the company wants to get offers as soon…
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…
Supreme Court of Panama decides the future of the local crypto industry
The Supreme Court of Panama is in the eye of the hurricane, as it is tasked with deciding the future of the local crypto industry. The President of Panama, Laurentino Cortizo, sent Bill No. 697, known as the "crypto bill", to the Supreme…
Venezuela had the first graduation of Cryptoactive Technicians
Last week the graduation of the first class of students of the "Technical Consultant Diploma in Cryptoactives" from the Universidad Panamericana del Puerto (UNIPAP) was celebrated in Venezuela.
As indicated by the rector of the…
Russia and Iran discuss launching a gold-pegged stablecoin
Russia is a country that has been characterized by severe restrictions on cryptocurrencies and a strong defense of its national currency, the Russian ruble. However, it is currently considering launching a gold-pegged stablecoin for…
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…
Binance wants to consolidate within Colombia
The Binance cryptocurrency exchange has been working on a series of bets within the Colombian market, which are marked with great potential.
This was stated by the director of the Valora Analitik portal, Daniel Acosta, who indicated that…
Twitter is used as a channel for malicious campaign
Twitter is the distribution channel of a new spam campaign that seeks to steal cryptocurrencies from users of this social network, with whom cybercriminals contact through a direct message asking for urgent help.
The new campaign detected…
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.…
Mexican digital peso launch date unclear
The Central Bank of Mexico, better known as Banxico, is still working on the launch of its own digital currency, which is now estimated not to be ready by 2024.
The information from the local media ensures that the institution is working…