The Supreme Court delivered its decision this Wednesday after hearing the petition challenging the RBI’s decision to ban the Cryptocurrency trade in India.
The International Monetary Fund (IMF) has said the Eastern Caribbean should consider a common digital currency across the region to boost resources.
The South Korean government is proposing a trading tax on cryptocurrencies, as part of its tax reform plan for 2020 due to be announced later this year.
Bitcoin prices rallied today, reaching a fresh 2020 high as the digital currency benefited from multiple tailwinds. The cryptocurrency climbed to $9,745.17 at roughly 1:30 p.m. EST, according to CoinDesk price data.
Singapore-based Broctagon Fintech Group has announced a partnership with enterprise blockchain technology provider, Hashstacs, to help bring blockchain in Singapore to more commercial usage.
All crypto businesses in Singapore are now required to first register and then apply for a license to operate in the jurisdiction under the Payment Services Act 2019 framework.
The buzzword of blockchain and cryptocurrency was humming as giants tech giants like Microsoft, IBM, AWS, Oracle and many, many more started testing the waters.
Mostly known for its retail investment platform, Coinbase has been making an institutional push over the years, selling professional trading and custody services to institutional investors with deeper pockets. Financial custodians are responsible for holding securities on behalf of their clients.
Gemini Trust Company, a cryptocurrency exchange and custodian, has launched a captive insurance company licensed by the Bermuda Monetary Authority [BMA] to insure Gemini Custody.
Bahrain’s Central Bank is to pilot a new toolkit developed by the World Economic Forum to check the effect of usage of digital currency in its economy.
Mishustin was the director of the Russian version of the Internal Revenue Service. One of his most noted achievements was to stop fraud in VAT tax refunds, and reduce red tape so companies are not being audited all the time.
Escalating tensions between the US and Iran have prompted a price surge price for bitcoin and other cryptocurrencies, according to market analysts.
Facebook’s Libra project has failed in its current form and needs reworking to be approved, said the president of Switzerland where the cryptocurrency is seeking regulatory consent.
The digital ledger technology could radically shake up five sectors as it streamlines the process and opens up the market: trade finance, payments, trading, insurance and digital identity.
The platform, known as Digital Vault, will give investors real-time access to records of securities bought on private markets, HSBC told Reuters, and seeks to capitalise on booming interest in such investments by yield-hungry investors.