Sberbank to Conduct First Digital Asset Transaction on Own Platform
Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The…
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Indian Crypto Advocacy Body Press for Restoration of Instant Retail Payments Service – UPI (Report)
The Blockchain and Crypto Assets Council (BACC) has asked the National Payments Corporation of India (NPCI) to restore the UPI service to Indian crypto exchanges. In a letter, it requested…
Congress Sends Letter to EPA Extolling Proof of Work Mining Benefits
U.S. Congress issued another letter to the Environmental Protection Agency (EPA) on Thursday with more educational material on proof of work. This time, however, it came with a positive spin…
Panama President Vetoes Crypto Bill Over Laundering Risks
The bill will now go up for another vote in Panamas National Assembly. President of Panama Strikes Down Crypto Bill The President of Panama has called for amendments to the...
Kazakhstan Calls for Cooperation Between Crypto Exchanges and Banks
The government of Kazakhstan has approved guidelines for a pilot program that will foster cooperation between some banking institutions and cryptocurrency exchanges in the Astana International Financial Center (AIFC). Crypto…
Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks
Government officials in Kazakhstan have approved regulations that will govern interactions between authorized coin trading platforms and traditional financial institutions. The new rules will allow registered cryptocurrency exchanges to have…
Huobi Announces Closure of Thai Unit After Regulator Revokes License
Digital assets exchange Huobi will close down its Thailand operations permanently with effect from July 1, 2022. A unit of the Seychelles-based company, Huobi Thailand, ran into trouble with the…
Panama’s President Partially Vetoes The Country’s Crypto Bill
Panama is considered one of the most stable economies in Latin America. This is probably one of the reasons its President wants to pass a crypto law that complies with…
UK Government Pushes the Nation to Be a Global Crypto Hub, Says Digital Minister
Chris Philp – digital minister of the United Kingdom – revealed that the Johnson administration plans to turn the country into a “global crypto hub” while reiterating a cautious stance…
CFTC Commissioner Compared Crypto Crash to 2008 Banking Crisis
In an interview with Axios, Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero urged Congress to close the regulatory gap on cryptocurrencies. Responding to the recent plunge that has…
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