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    UAE to Boost Global South Growth Through BRICS Membership

    by skolnes September 5, 2024
    September 5, 2024

    The United Arab Emirates (UAE) is committed to supporting the economic development of the Global South through its membership in the BRICS group, according to Younis Haji Al Khoori, Under-Secretary …

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  • Bitcoin News

    Swiss Bank ZKB Partners With Crypto Finance to Launch Crypto Asset Brokerage

    by skolnes September 5, 2024
    September 5, 2024

    Zürcher Kantonalbank (ZKB), Switzerland’s largest cantonal bank, has partnered with Crypto Finance AG to offer crypto asset brokerage services. By partnering with Crypto Finance AG, ZKB gains access to an …

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  • Bitcoin News

    Sberbank to Join Russia’s Crypto Settlement Pilot This Fall, Executive Reveals

    by skolnes September 5, 2024
    September 5, 2024

    Sberbank, Russia’s largest financial institution, plans to join a cryptocurrency settlement pilot program this fall. The bank also aims to serve clients using digital rubles by 2025. Deputy Chairman Anatoly …

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  • Bitcoin News

    US Banking Regulator Calls for Stronger Oversight of Crypto Risks

    by skolnes September 5, 2024
    September 5, 2024

    Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision …

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  • Bitcoin News

    Amid Criticism, Central Bank of Argentina Confirms Moving Gold Abroad

    by skolnes September 5, 2024
    September 5, 2024

    In a recent press release, the Central Bank of Argentina acknowledged sending part of its gold holdings abroad, stating that it had “recalibrated” the nation’s gold between its accounts. The …

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  • Bitcoin News

    South Korean Regulator Unveils Plan to Inspect Crypto Exchanges for Illegal Practices

    by skolnes September 5, 2024
    September 5, 2024

    South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims …

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  • Bitcoin News

    FBI Warns of Sophisticated North Korean Cyber Attacks Targeting Crypto, Defi, ETFs

    by skolnes September 5, 2024
    September 5, 2024

    The FBI has issued a new warning about North Korea’s cyber campaigns targeting the cryptocurrency sector. The agency highlighted the use of sophisticated, hard-to-detect social engineering tactics to deploy malware …

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  • Bitcoin News

    China Urged to Establish Unified Crypto Regulations for Seized Digital Assets

    by skolnes September 5, 2024
    September 5, 2024

    A law professor at the East China University of Political Science and Law has highlighted the urgent need for China to standardize procedures for recovering illicit digital assets due to …

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  • Bitcoin News

    Arthur Hayes Predicts Bitcoin May Fall to $50K in Worst Case

    by skolnes September 4, 2024
    September 4, 2024

    Arthur Hayes has issued a stark warning for Bitcoin investors, suggesting that the cryptocurrency could fall to $50,000 in a worst-case scenario. In his latest article titled “Boom Times… Delayed,” …

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  • Bitcoin News

    Court Upholds $1,000 Cap on Daily Crypto ATM Withdrawals in California

    by skolnes September 4, 2024
    September 4, 2024

    A California Superior Court has upheld the Digital Financial Assets Law, which includes a $1,000 daily withdrawal limit for cryptocurrency ATMs. The law also requires crypto ATM operators to obtain …

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