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SWIFT Plans to Launch New Central Bank Digital Currency Platform Within Next Two Years
SWIFT, the global bank messaging network, plans to launch a new platform that will connect central bank digital currencies (CBDCs) to the existing finance system within the next two years. Its existing network is usable in over 200 countries and connects more than 11,500 banks and funds.
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Global Crypto Regulations Focus At G20 Summit
A paper proposing globally enforceable regulations for the crypto market is expected to be presented at the world's premier economic meeting.
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"No Associations With...": Ratan Tata Warns Against Crypto Scams Using His Name
The 85-year-old industrialist took to Twitter to clarify that he has no associations with cryptocurrency of any form.
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"Any Action On Crypto Will Have To Be Global": Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Thursday said that there was a greater acceptance among Group of 20 (G20) member countries that any new regulations on crypto assets need to be globally coordinated.
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FTX Crypto Exchange Reaches Deal to Recover Over $400 Million from Hedge Fund Modulo Capital
Bankrupt crypto exchange FTX has reached a deal to recover more than $400 million in cash from hedge fund Modulo Capital, pulling back 97 percent of the money that FTX companies sent to the hedge fund in 2022, according to court documents filed on Wednesday.
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G20 Exploring Crypto Regulation: Nirmala Sitharaman
The Group of 20 (G20) big economies is exploring whether the group could collectively regulate cryptocurrencies, Finance Minister Nirmala Sitharaman said on Saturday.
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RBI to Launch Pilot Project for QR Code-Based Coin Vending Machines Using UPI in 12 Cities
RBI Governor Shaktikanta Das announced on Wednesday that a pilot project for a QR code-based coin vending machine would be launched by the central bank in 12 cities. Instead of tendering banknotes, these vending machines will dispense coins while debiting a customer's account using UPI.
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Bitzlato Co-Founder Arrested by US Authorities Over Alleged Processing of $700 Million in Illicit Funds
Bitzlato Co-Founder Anatoly Legkodymov was arrested by US authorities in Miami on Tuesday on charges that he operated the exchange as an unlicensed money exchange business that "in his own words, catered to 'known crooks,'" according to US officials. Legkodymov's crypto exchange traded money with Hydra Market, an illicit online marketplace for narc...
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Auditors' Work For Crypto Firms Under Scanner, Says US Securities Regulator
"We're warning investors to be very wary of some of the claims that are being made by crypto companies," said Paul Munter, SEC's acting chief accountant in an interview with the Wall Street Journal.
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Harsh Goenka's Post On Bengaluru Tea Seller Who Accepts Crypto Payments Wins Internet
Industrialist Harsh Goenka recently delighted social media users with an interesting image of a small tea stall in Bengaluru, which represents the perfect amalgamation of new and old by bringing modern technology to the old business idea.
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FTX Collapse: Temasek Writes Down $275 Million Investment in Fallen Crypto Firm Ahead of Bankruptcy Proceedings
Temasek on Thursday said it would write down its entire investment of $275 million (roughly Rs. 2,240 crore) in FTX. Other backers of the fallen crypto exchange such as SoftBank's Vision Fund and Sequoia Capital have also marked down their investment to zero after its collapse last week
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Coinbase Gains Singapore License Under Payments Services Act, Ahead of Upcoming Crypto Regulation: All Details
Coinbase on Tuesday announced that it had gained approval from the central bank of Singapore, as the crypto exchange received permission to offer its services in the region. The company said it had been building up its presence in Singapore and currently had nearly 100 employees, mostly comprised of product engineers. Singapore plans to roll out ne...
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Huobi to Be Acquired by About Capital, Co-Founder Leon Li Sells Stake in Crypto Exchange: All Details
Huobi Co-Founder Leon Li has sold his stake in the crypto exchange to a buyout firm managed by About Capital Management, and will be stepping away from the company's business. The exchange retreated from China in recent years and was once the most active Bitcoin trading platforms on the globe. Huobi has since accelerated its expansion into overseas...
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Bitcoin Is No Longer The King Of The Swingers
Bitcoin's been called a lot of things. Buzzy, beguiling, baffling, even bogus. But never boring.
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Bihar Terror Accused Got Funds From Qatar In Form Of Cryptos: Cops
The investigation into the Phulwari Sharif terror module case in Bihar has revealed that the accused used to receive funds in the form of cryptocurrencies from Qatar, police said on Sunday.
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SWIFT Plans to Launch New Central Bank Digital Currency Platform Within Next Two Years
SWIFT, the global bank messaging network, plans to launch a new platform that will connect central bank digital currencies (CBDCs) to the existing finance system within the next two years. Its existing network is usable in over 200 countries and connects more than 11,500 banks and funds.
-
Global Crypto Regulations Focus At G20 Summit
A paper proposing globally enforceable regulations for the crypto market is expected to be presented at the world's premier economic meeting.
-
"No Associations With...": Ratan Tata Warns Against Crypto Scams Using His Name
The 85-year-old industrialist took to Twitter to clarify that he has no associations with cryptocurrency of any form.
-
"Any Action On Crypto Will Have To Be Global": Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Thursday said that there was a greater acceptance among Group of 20 (G20) member countries that any new regulations on crypto assets need to be globally coordinated.
-
FTX Crypto Exchange Reaches Deal to Recover Over $400 Million from Hedge Fund Modulo Capital
Bankrupt crypto exchange FTX has reached a deal to recover more than $400 million in cash from hedge fund Modulo Capital, pulling back 97 percent of the money that FTX companies sent to the hedge fund in 2022, according to court documents filed on Wednesday.
-
G20 Exploring Crypto Regulation: Nirmala Sitharaman
The Group of 20 (G20) big economies is exploring whether the group could collectively regulate cryptocurrencies, Finance Minister Nirmala Sitharaman said on Saturday.
-
RBI to Launch Pilot Project for QR Code-Based Coin Vending Machines Using UPI in 12 Cities
RBI Governor Shaktikanta Das announced on Wednesday that a pilot project for a QR code-based coin vending machine would be launched by the central bank in 12 cities. Instead of tendering banknotes, these vending machines will dispense coins while debiting a customer's account using UPI.
-
Bitzlato Co-Founder Arrested by US Authorities Over Alleged Processing of $700 Million in Illicit Funds
Bitzlato Co-Founder Anatoly Legkodymov was arrested by US authorities in Miami on Tuesday on charges that he operated the exchange as an unlicensed money exchange business that "in his own words, catered to 'known crooks,'" according to US officials. Legkodymov's crypto exchange traded money with Hydra Market, an illicit online marketplace for narc...
-
Auditors' Work For Crypto Firms Under Scanner, Says US Securities Regulator
"We're warning investors to be very wary of some of the claims that are being made by crypto companies," said Paul Munter, SEC's acting chief accountant in an interview with the Wall Street Journal.
-
Harsh Goenka's Post On Bengaluru Tea Seller Who Accepts Crypto Payments Wins Internet
Industrialist Harsh Goenka recently delighted social media users with an interesting image of a small tea stall in Bengaluru, which represents the perfect amalgamation of new and old by bringing modern technology to the old business idea.
-
FTX Collapse: Temasek Writes Down $275 Million Investment in Fallen Crypto Firm Ahead of Bankruptcy Proceedings
Temasek on Thursday said it would write down its entire investment of $275 million (roughly Rs. 2,240 crore) in FTX. Other backers of the fallen crypto exchange such as SoftBank's Vision Fund and Sequoia Capital have also marked down their investment to zero after its collapse last week
-
Coinbase Gains Singapore License Under Payments Services Act, Ahead of Upcoming Crypto Regulation: All Details
Coinbase on Tuesday announced that it had gained approval from the central bank of Singapore, as the crypto exchange received permission to offer its services in the region. The company said it had been building up its presence in Singapore and currently had nearly 100 employees, mostly comprised of product engineers. Singapore plans to roll out ne...
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Huobi to Be Acquired by About Capital, Co-Founder Leon Li Sells Stake in Crypto Exchange: All Details
Huobi Co-Founder Leon Li has sold his stake in the crypto exchange to a buyout firm managed by About Capital Management, and will be stepping away from the company's business. The exchange retreated from China in recent years and was once the most active Bitcoin trading platforms on the globe. Huobi has since accelerated its expansion into overseas...
-
Bitcoin Is No Longer The King Of The Swingers
Bitcoin's been called a lot of things. Buzzy, beguiling, baffling, even bogus. But never boring.
-
Bihar Terror Accused Got Funds From Qatar In Form Of Cryptos: Cops
The investigation into the Phulwari Sharif terror module case in Bihar has revealed that the accused used to receive funds in the form of cryptocurrencies from Qatar, police said on Sunday.
