Central Banks to set standards on banks’ crypto exposure – BIS
The new standard limits crypto reserves among banks to 2% by 2025, and goes into effect on January 1, 2025. Go to Source Powered by WPeMatico
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Yuga Labs, Moonpay faces lawsuit over celebrities NFT promotion
Over 40 people and companies are named as defendants in the lawsuit, including Paris Hilton, Snoop Dog, Jimmy Fallon, Justin Bieber, Madonna. Go to Source Powered by WPeMatico
Decentralization index from Cardano builder, U of Edinburgh will help users understand assets
In an industry first, Input Output Global and the Scottish university will provide continuous tracking of digital assets by a methodology that has yet to be determined. Go to Source Powered by WPeMatico
Russian bill would legalize crypto mining, sales under ‘experimental legal regime’
The bill provides a legal definition of mining and mining pools and would create a domestic cryptocurrency market in Russia’s latest step to integrate digital assets into its economy. Go to Source Powered by WPeMatico
The Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury
The payments operator responded to a Treasury inquiry related to the presidential executive order with an appeal to keep bank interests in sight when designing digital assets. Go to Source Powered by WPeMatico
Bank of Russia Suggests Tax Cuts for Long-Term Digital Asset Holders
The Central Bank of Russia is proposing to introduce tax incentives for long-term holders of digital financial assets. The idea has been circulated with a consultation paper published for public discussions on the development of the digital asset market in the Russian Federation. Bank of Russia Talks Regulation in New Report Devoted to Digital Assets … Read more
Foundry Academy Launches Training Program to Produce Top Technicians for BTC Mining Industry
Foundry Digital, a digital asset mining and a staking-focused subsidiary of Digital Asset Group, has announced the launch of a new bitcoin mining hardware training program. The training course, which is expected to commence on Nov. 7, is expected to help professionals and enthusiasts learn how to set up a miner as well as to … Read more
UBS AG launches digital bond settled on blockchain and traditional exchanges
With atomic settlement technology, the company said its digital bond settles through the SIX Digital Exchange (SDX), not requiring a central clearing counterparty. Go to Source Powered by WPeMatico
Goldman Sachs creates digital asset taxonomy system for subscribing investors
The financial services giant, along with Coin Metrics and MSCI, will help investors track market movements and screen hundreds of coins and tokens by their uses. Go to Source Powered by WPeMatico
Why the battle for low or no transaction fees really matters
High transaction fees stand in the way of crypto achieving its full potential and being embraced by the masses — but it is possible to make transfers for free. Go to Source Powered by WPeMatico
