The Central Bank of Russia has added a new entity to its register of approved issuers of digital financial assets. The platform, known as ‘Masterchain,’
Category: News
Your Crypto Transactions Are Seen Says The Australian Tax Authority (ATO)
The growing popularity of cryptocurrencies has increased their use for transactions and investments, which has caught the attention of tax authorities. The Australian Tax Authority
Signature Bank Has Been Closed Down; Placed Under FDIC Control
On March 12, 2023, the New York-based bank Signature Bank was closed down by state regulators, as announced by the Federal Reserve. This comes as
Coinbase, Binance Suspend USDC Conversions As Dollar Peg Wobbles
Top cryptocurrency exchanges Binance and Coinbase both said on Friday night that they would temporarily suspend USDC conversions as the contagion from the collapse of Silicon
Circle Reveals That It has $3.3 Billion Locked In Silicon Valley Bank
After Friday’s stunning collapse of Silicon Valley Bank, questions swirled around the exposure of one of crypto’s top firms, Circle, the issuer of the second-largest
California’s Silicon Valley Bank Collapses
California banking regulators on Friday moved quickly to close startup-focused lender Silicon Valley Banks Financial Group , the largest bank failure since the financial crisis,
Bank of America Still Forecasting 2023 Recession
Bank of America CEO still sees U.S. technical recession in 3rd quarter. Bank of America Chief Executive Officer Brian Moynihan said on Tuesday the U.S.
Silvergate Crypto Bank Is Going Out of Business
It is the first U.S. bank to go out of business since 2020. It’s a new thunderclap that falls on the crypto industry. A disaster
SWIFT Sets Out Blueprint for Next Phase of a Central Bank Digital Currency (CBDC) Network
Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network after receiving positive testing results. According to
Chairperson, Gary Gensler US SEC Warns Crypto Investors Again, But Separates Bitcoin
Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC), has recently made some comments on the legal status of Bitcoin that investors