Elon Musk, at the head of social network X, wants to realize an idea that is not new: to create a financial super-application that allows users to make multiple transactions online. Which could mean the end of banks.
Apparently, the tycoon wants to crystallize this idea in 2024. What they want is…
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Deutsche Bank to offer cryptocurrency custody and tokenization services
Germany's largest bank, Deutsche Bank, announced that it will offer cryptocurrency custody and tokenization service after signing an alliance with the Taurus platform.
The German bank's interest in digital assets became palpable in 2021.…
The Bank for International Settlements and the IDB promote financial inclusion in Latin America
The general director of the BPI, Agustín Carstens, and the president of the IDB, Ilan Goldfajn, were responsible for signing this agreement last Thursday to strengthen regional cooperation and integration to develop innovative technologies…
Nexo launches dual card in partnership with Mastercard
The Nexo cryptocurrency exchange platform established an alliance with the card issuer Mastercard for the launch of a credit and debit card.
It is a dual card that will allow payment for purchases and debit and credit transactions.…
Japan begins enforcement of anti-money laundering regulations in June
Japan will apply stricter measures from June 1 on cryptocurrency transactions in order to combat money laundering in these operations.
This was announced in a report by the Japanese Parliament, which seeks to apply a strong hand to crimes…
Central Bank of South Korea may review cryptocurrency operations and issuances
South Korea authorized the Central Bank to deepen the monitoring of cryptocurrency transactions in the country, as well as the issuances of operators with digital assets.
According to information recently published by the local outlet The…
Japan and Russia will test their CBDC coins in April
The central banks of Russia and Japan announced that in April they will launch the pilot tests of their CBDCs, planes that they have been working on for a few months.
The executive director of the Japan Bank, Uchida Shinichi, declared this…
Coinbase surpasses Q4 2022 revenue expectations
Coinbase, one of the world's largest cryptocurrency platforms, beat fourth-quarter 2022 revenue expectations, despite falling transaction volume.
The company reported revenue of $1.86 billion, beating the estimates of analysts, who had…
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,…
UK cryptocurrency scams up 32 %
Cryptocurrency scams in the UK have increased this year by 32 % according to a study by the country's Police Fraud Unit.
The estimate in thefts and other cryptographic frauds in 2022 amounts to 273 million dollars. The main reason to hook…
China’s digital yuan transactions top 100 million
China's digital currency (CBDC), issued by the People's Bank of the Asian country, has already penetrated 15 provinces, resulting in more than 369 million payments with this new financial instrument.
The PBOC recently issued a report,…
Eni SpA and Repsol will send Venezuelan oil to Europe
The US government will allow Italian oil companies Eni SpA and Spanish Repsol SA to start shipping Venezuelan oil to Europe as a way to offset Russian crude starting next month.
The US State Department authorized the two companies to…