Hong Kong Exposes Crypto Firms Misrepresenting as Licensed Banks
The Hong Kong Monetary Authority (HKMA) has issued a warning about the misuse of the term “bank” by overseas crypto firms operating in Hong Kong, cautioning the public to verify…
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Russia’s Massive Leap: Digital Financial Market Eyes Trillion-Ruble Milestone
Russia’s issuance of digital financial assets could reach 10 trillion rubles (approximately $101.36 billion) by 2026, according to Sberbank Deputy Chairman Anatoly Popov. Speaking in Moscow, Popov noted that the…
Norway’s CBDC Timeline Clouded by Expert Committee’s Bold Advice
A Norwegian expert committee advising lawmakers has recommended no immediate need to adopt a central bank digital currency (CBDC). Despite the declining use of cash, which dropped to just 2%…
JPMorgan CEO Excluded From Trump’s Visionary Administration
U.S. President-elect Donald Trump has announced that JPMorgan Chase CEO Jamie Dimon, a vocal crypto critic, will not be invited to join his administration. Trump wrote on his social media…
Prosecutors Ease Off: Crypto Crimes Lose Spotlight in Manhattan
The U.S. Attorney’s Office in Manhattan will scale back its focus on cryptocurrency crimes after securing high-profile convictions, including FTX founder Sam Bankman-Fried (SBF), according to Scott Hartman, co-chief of…
India Urged to Embrace Bitcoin as Strategic Reserve Asset Amid Global Unrest
Investment firm Bernstein has urged India to recognize bitcoin as a strategic reserve asset, highlighting its potential as “digital gold” amid global financial risks like inflation, U.S. debt, and geopolitical…
UK Crypto Rules Poised to Shift as Trump’s US Policy Gains Momentum
The UK government reportedly plans to unveil new cryptocurrency regulations this month, aiming to bolster the UK’s position as a global crypto hub amid increasing competition from the U.S., where…
Inside Russia’s Crypto Rules: Sberbank CEO Reveals Key Insights
Sberbank CEO Herman Gref announced that using cryptocurrencies as a payment method within Russia is currently prohibited by law and is unlikely to be allowed in the near future. Speaking…
An Elusive Indian Suspect at the Center of Indiana’s Crypto Fraud
Authorities in Grant County, Indiana, have recovered $36,000 in a cryptocurrency scam involving Prateek Jain, a 33-year-old man from Kolkata, India. Jain faces charges of felony fraud and money laundering…
Russia and China Join Forces to Prevent Global Crisis, Experts Say
China-Russia cooperation is helping to stabilize the region and avert a global crisis, according to Zhang Hong, a research fellow at the Chinese Academy of Social Sciences. Zhang emphasized that…
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