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Russia asks France to place the alleged $4 billion launderer Alexander Vinnik under home arrest in a state-owned apartment in Russia, citing coronavirus fears Go to Source Powered by WPeMatico
The CFTC unveils finalized clarity on physical delivery of digital assets Go to Source Powered by WPeMatico
The world has been focused on the coronavirus outbreak that’s claimed 105,612 cases and 3,562 deaths to date. The pandemic has caused government leaders to react and central banks are breaking out tools from their arsenal of monetary easing schemes. The world’s central banks say the public health emergency and international concern over the global … Read more
WEF Head of Blockchain Sheila Warren explains the potential of blockchain technology and how it can change the world — but notes we are not there yet Go to Source Powered by WPeMatico
The 2020 U.S. Presidential candidate Michael Bloomberg addressed the subject of cryptocurrencies and initial coin offerings (ICO) in his recently published Financial Reform Policy. Bloomberg wants more “regulatory oversight” when it comes to this promising technology, claiming he sees “plenty of hype, fraud and criminal activity.” Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett … Read more
Coinbase’s new campaign reaches out to ethnic minorities with the claim that crypto can help tackle systemic discrimination in the financial sector Go to Source Powered by WPeMatico
The European Commission is gathering feedback from EU citizens, businesses, regulators and other interested parties to establish a regulatory framework for crypto assets and markets on a European level. The public consultation which started in December will continue until March 19, 2020, with the finalized proposal expected in the third quarter. Also read: Swiss Financial … Read more
The European Central Bank (ECB) has launched an extensive review that will examine a wide range of its policies by the end of this year. Under its new president, Christine Lagarde, the bank will try to establish why its monetary stimulus has failed to achieve the Eurozone’s goal of close to 2% inflation. Sharing few … Read more
Global stablecoins could exacerbate existing risks to the “autonomy and resilience of European payments systems,” says the ECB’s Benoit Coeure Go to Source Powered by WPeMatico
Cash shortages, bank closures and ATMs running out of funds seems to be the new norm for many countries, and recently increased capital controls in Argentina are further testament to this unsettling trend. Sunday’s election of president Alberto Fernández has resulted in Argentine account holders being limited to USD purchases of $200 via bank account … Read more
