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Microsoft Could Make BTC Investment Progress by December, Despite Board Being Cautious on Crypto
By December, software giant Microsoft is expected to finalise its position on Bitcoin investments. A recent filing submitted to the US Securities and Exchange Commission (SEC) this week disclosed these plans.
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BIS, FSB Reports Highlight Benefits and Risks of Asset Tokenisation
The Bank of International Settlements (BIS) and the Financial Stability Board (FSB) have published their respective reports on VDAs, addressed to the G20 group. The Finance Ministers and Central Bank Governors of the G20 nations are scheduled to meet on October 23-24. The release of these reports by these financial institutes is well aligned with t...
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Fragmented Crypto Regulations Creating Uneven Playing Field, FSB Asia Voices Concerns
The Asia unit of the Financial Stability Board (FSB) convened in Hong Kong this week, co-chaired by Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, and P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka.
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Crypto Exchanges in South Korea Said to Re-Examine Over 600 Tokens Listed for Trade
In the coming days, over 600 cryptocurrencies will reportedly be re-examined by exchanges in South Korea to see whether they meet the regulatory standards laid out by Seoul. The crypto tokens that fail to meet the regulatory standards will be delisted by exchanges, as per the report. The exchanges are said to provide information about the same to t...
-
Argentina Authorities Discuss Bitcoin Adoption Strategy, Experience With Counterparts From El Salvador
Last week, senior leadership of the Argentinian National Securities Commission (CNV) had a meeting with El Salvador’s National Digital Assets Commission (CNAD) to assess the impact of adopting Bitcoin on the economy that it may have observed in the last few years.
-
Bharat Web3 Association Calls for Teamwork in Building Ironclad Anti-Money Laundering Laws
The Bharat Web3 Association (BWA) recently hosted its first ever training and awareness workshop on the Prevention of Money Laundering Act (PMLA). The aim of this meeting was to open dialogues on the steps that could prevent the misuse of cryptocurrencies for unlawful activities like money laundering and terror financing.
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Nigeria Sets Dangerous Precedent by Detaining Binance Executives, CEO Says
The CEO of cryptocurrency exchange Binance on Tuesday accused Nigeria of setting a dangerous precedent after its executives were invited to the African country and then detained as part of a crackdown on crypto.
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OKX Exits India’s Crypto Space Failing to Meet Legal Requirements
OKX has decided to exit India’s crypto sphere. The crypto exchange informed its Indian community on March 21 that they should close their accounts on the platform before April 30.
-
Binance CEO Richard Teng Summoned in Nigeria Over Money Laundering Suspicions: Report
Nigeria’s House of Representatives Committee on Financial Crimes has reportedly summoned Teng on suspicions of the exchange’s potential involvement in money laundering and terror financing. The deadline for this meeting was supposed to be March 4, but news about this meeting having taken place hasn't yet come to light.
-
Microsoft Shuts Industrial Metaverse Project Airsim to Focus on AI, Lays Off Team Members
Microsoft has reportedly shut down its Airsim and Bonsai projects, both of which were part of its industrial metaverse development division. The members that were part of these respective teams were asked to join a virtual meeting earlier this week, where the software giant disclosed that they were being laid off. The software giant is looking to k...
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India-Led G20 Adopt Roadmap on Crypto Assets Suggested by IMF, FSB Joint Synthesis Paper
The finance ministers and central bank governors from the G20 nations met in Morocco’s Marrakesh for their fourth and final meeting under India’s Presidency. There, the FMCBGs agreed that the IMF-FSB synthesis paper released in September makes for an essential guide for the G20 group to ensure that crypto assets are supported in a way that they...
-
SEC Wrong to Deny Grayscale Spot Bitcoin ETF Proposal: US Court
The US securities regulator was wrong to reject an application from Grayscale Investments to create a spot bitcoin exchange-traded fund, a federal appeals court ruled on Tuesday, in a landmark victory that could pave the way for the first product of its kind.
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India's Inputs Important to Formulate Global Policy on Cryptocurrencies: FM Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Tuesday said various issues surrounding cryptocurrencies were discussed at a key G20 meeting here and India's inputs will play an important role in formulating a comprehensive global policy for the new-age assets.
-
Coinbase Chief Brian Armstrong to Meet US Lawmakers to Discuss Crypto Future
Coinbase CEO Brian Armstrong is gearing up to discuss the roadmap to a fruitful future for the crypto industry with the policymakers of the US. Armstrong, in his meeting, is expected to address topics like crypto taxes, concerns around privacy and data collection, as well as the current industrial climate around crypto in the US.
-
Coinbase Shares Rise 13 Percent After Cboe Mentions Crypto Exchange in Bitcoin ETF Application
Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13 percent on Monday after exchange operator Cboe said it was working with the crypto company in its effort to launch a spot bitcoin exchange-traded fund.
-
Microsoft Could Make BTC Investment Progress by December, Despite Board Being Cautious on Crypto
By December, software giant Microsoft is expected to finalise its position on Bitcoin investments. A recent filing submitted to the US Securities and Exchange Commission (SEC) this week disclosed these plans.
-
BIS, FSB Reports Highlight Benefits and Risks of Asset Tokenisation
The Bank of International Settlements (BIS) and the Financial Stability Board (FSB) have published their respective reports on VDAs, addressed to the G20 group. The Finance Ministers and Central Bank Governors of the G20 nations are scheduled to meet on October 23-24. The release of these reports by these financial institutes is well aligned with t...
-
Fragmented Crypto Regulations Creating Uneven Playing Field, FSB Asia Voices Concerns
The Asia unit of the Financial Stability Board (FSB) convened in Hong Kong this week, co-chaired by Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, and P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka.
-
Crypto Exchanges in South Korea Said to Re-Examine Over 600 Tokens Listed for Trade
In the coming days, over 600 cryptocurrencies will reportedly be re-examined by exchanges in South Korea to see whether they meet the regulatory standards laid out by Seoul. The crypto tokens that fail to meet the regulatory standards will be delisted by exchanges, as per the report. The exchanges are said to provide information about the same to t...
-
Argentina Authorities Discuss Bitcoin Adoption Strategy, Experience With Counterparts From El Salvador
Last week, senior leadership of the Argentinian National Securities Commission (CNV) had a meeting with El Salvador’s National Digital Assets Commission (CNAD) to assess the impact of adopting Bitcoin on the economy that it may have observed in the last few years.
-
Bharat Web3 Association Calls for Teamwork in Building Ironclad Anti-Money Laundering Laws
The Bharat Web3 Association (BWA) recently hosted its first ever training and awareness workshop on the Prevention of Money Laundering Act (PMLA). The aim of this meeting was to open dialogues on the steps that could prevent the misuse of cryptocurrencies for unlawful activities like money laundering and terror financing.
-
Nigeria Sets Dangerous Precedent by Detaining Binance Executives, CEO Says
The CEO of cryptocurrency exchange Binance on Tuesday accused Nigeria of setting a dangerous precedent after its executives were invited to the African country and then detained as part of a crackdown on crypto.
-
OKX Exits India’s Crypto Space Failing to Meet Legal Requirements
OKX has decided to exit India’s crypto sphere. The crypto exchange informed its Indian community on March 21 that they should close their accounts on the platform before April 30.
-
Binance CEO Richard Teng Summoned in Nigeria Over Money Laundering Suspicions: Report
Nigeria’s House of Representatives Committee on Financial Crimes has reportedly summoned Teng on suspicions of the exchange’s potential involvement in money laundering and terror financing. The deadline for this meeting was supposed to be March 4, but news about this meeting having taken place hasn't yet come to light.
-
Microsoft Shuts Industrial Metaverse Project Airsim to Focus on AI, Lays Off Team Members
Microsoft has reportedly shut down its Airsim and Bonsai projects, both of which were part of its industrial metaverse development division. The members that were part of these respective teams were asked to join a virtual meeting earlier this week, where the software giant disclosed that they were being laid off. The software giant is looking to k...
-
India-Led G20 Adopt Roadmap on Crypto Assets Suggested by IMF, FSB Joint Synthesis Paper
The finance ministers and central bank governors from the G20 nations met in Morocco’s Marrakesh for their fourth and final meeting under India’s Presidency. There, the FMCBGs agreed that the IMF-FSB synthesis paper released in September makes for an essential guide for the G20 group to ensure that crypto assets are supported in a way that they...
-
SEC Wrong to Deny Grayscale Spot Bitcoin ETF Proposal: US Court
The US securities regulator was wrong to reject an application from Grayscale Investments to create a spot bitcoin exchange-traded fund, a federal appeals court ruled on Tuesday, in a landmark victory that could pave the way for the first product of its kind.
-
India's Inputs Important to Formulate Global Policy on Cryptocurrencies: FM Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Tuesday said various issues surrounding cryptocurrencies were discussed at a key G20 meeting here and India's inputs will play an important role in formulating a comprehensive global policy for the new-age assets.
-
Coinbase Chief Brian Armstrong to Meet US Lawmakers to Discuss Crypto Future
Coinbase CEO Brian Armstrong is gearing up to discuss the roadmap to a fruitful future for the crypto industry with the policymakers of the US. Armstrong, in his meeting, is expected to address topics like crypto taxes, concerns around privacy and data collection, as well as the current industrial climate around crypto in the US.
-
Coinbase Shares Rise 13 Percent After Cboe Mentions Crypto Exchange in Bitcoin ETF Application
Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13 percent on Monday after exchange operator Cboe said it was working with the crypto company in its effort to launch a spot bitcoin exchange-traded fund.
