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Tag: banking

Posted on 02/08/2022

Tax-free crypto payments? Sinema and Toomey propose Senate bill covering transactions under $50.

The total market cap for all crypto nearly hit $3 trillion during parts of 2021, but dipped below $1 trillion in July.

Posted on 02/08/2022

Cleaning up crypto: How much enforcement is too much?

The recent implosion of bad debts and contagion across the crypto sector may well result in the imposition of industry-destroying laws. Will this force innovative crypto companies including Ripple out ...

Posted on 02/08/2022

New Yorkers ‘deceived or affected’ by crypto crash urged to contact AG’s office

New Yorkers who were “deceived or affected” by the recent crash in cryptocurrency are being urged by New York Attorney General Letitia James to contact her office.

Posted on 02/08/2022

The Gap Between The Crypto Industry And Regulators Has Never Been Wider

The stakes are high–if a cryptocurrency is deemed a security in a U.S. court, it basically dies in the American crypto ecosystem. That’s because it can’t currently be traded on any cryptocurrency ...

Posted on 02/08/2022

Japan’s central bank shelves plans for CBDC due to a lack of public interest

Despite testing the issuance of a CBDC since 2021, Japan’s central bank has decided to put its plans on hold due to the poor public interest.

Posted on 02/08/2022

Japan PM Kishida urges nuclear states to conduct themselves ‘responsibly’ for non-proliferation

Japanese Prime Minister Fumio Kishida on Monday urged all nuclear states to conduct themselves "responsibly" in non-proliferation efforts at a time when he said the road to a world without nuclear ...

Posted on 02/08/2022

Mizuho Financial Group, Inc.: Weak Yen Helps Japan’s Banks Track Full-Year Guidance Despite Bond Losses; We Like SMFG and SMTH

Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japan’s second-largest bank after Mitsubishi UFJ Financial Group. As of March 2021 ...

Posted on 01/08/2022

‘Others Could Fail’—IMF Issues Stark Crypto Warning After Terra Luna-Led Crash Wiped $2 Trillion From Bitcoin, Ethereum And Crypto Market Price

As the shockwaves from the collapse of the terraUSD stablecoin and its support cryptocurrency luna continue to be felt, the International Monetary Fund (IMF) has warned "there are others that could ...

Posted on 01/08/2022

Crypto: Lawmakers rip industry, demand SEC action during recent hearings

With the crypto market in turmoil and investors frozen out of accounts, lawmakers are ratcheting up the pressure on regulators to act.

Posted on 01/08/2022

Brazil’s Nubank amasses 1 million crypto customers in less than a month

In an interview with Brazilian website Neofeed, Nubank CEO and co-founder David Vélez said that reaching 1 million crypto users was a goal for a year from now. He also noted the ...

Posted on 01/08/2022

The Disastrous Record of Celebrity Crypto Endorsements

From Matt Damon’s Bitcoin tout to Reese Witherspoon’s NFT slump, few celebrities have been spared from huge crypto losses. social: From the wipeout of cryptocurrencies and plunge in NFT token values, ...

Posted on 01/08/2022

Crypto Wallet Maker Ledger Eyes Fresh $100M Raise: Report

Ledger is in talks to raise $100 million. Sources say that business is growing as investors turn to cold storage to safeguard their crypto.

Posted on 01/08/2022

Best Twitter Crypto – Cryptocurrency Trending on Twitter

In order to help our readers get informed about the best crypto on Twitter, we’ll be discussing eight of the highest trending cryptos on Twitter, explaining how to buy the top two projects, and ...

Posted on 01/08/2022

We can have effective crypto regulation without stifling innovation. Here’s how

Policymakers should remember that to ignore what makes cryptocurrencies unique and valuable is just as foolish as never regulating them at all.

Posted on 01/08/2022

New Memecoin Crypto Tamadoge Rivals Babydoge and Floki Inu

New Memecoin crypto Tamadoge is here to disrupt the meme coin industry through its functionalities and problem-solving measures. Read more ...

Posted on 01/08/2022

Crypto Price Today Live: Polygon, Avalanche, Bitcoin drop up to 5%; Polkadot rises 8%

The global cryptocurrency market cap was trading marginally lower at the $1.09 trillion mark, dropping about a per cent in the last 24 hours. However, the total trading volume tumbled almost six per ...

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