Category: Featured
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The CEO of HSBC explains why cryptocurrency is not in the company’s future.
CEO Noel Quinn of the world’s largest bank HSBC said that no crypto services would be provided. The executive emphasized that HSBC is less supportive of cryptocurrencies than other banks, saying “I do worry about the sustainability of the valuations of crypto.” HSBC Will Not Get Into Crypto, CEO Says The chief executive of HSBC,…
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‘Vast Majority Are Securities,’ claims Gary Gensler, asking SEC staff to fine-tune compliance with cryptocurrency.
Gary Gensler, the chairman of the Securities and Exchange Commission (SEC) in the United States, disclosed that he had asked SEC staff to improve compliance for crypto tokens and intermediaries. The vast majority of cryptocurrency tokens, he emphasized, are securities. U.S. Senate Committee Chairman Gary Gensler The Securities and Exchange Commission (SEC) discussed crypto regulation…
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Europol Sees Tools to Tackle Crime in Cryptocurrency and Blockchain Technologies
In the case of cryptocurrencies, abuse increases with use, according to Europol, which also noted that blockchain technologies give law enforcement a new way to combat crime. The law enforcement organization in Europe claims it can assist in the investigation of money laundering networks. Understanding Cryptocurrencies Is Vital to Tackling Organized Crime, Europol Says Following…
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Non-Transferable NFTs are given to local governments as rewards in Japan.
According to reports, the Japanese government is one of the first governments to award non-fungible tokens (NFTs) to local governments that excelled in a digitization competition as an additional prize. Local governments received the honors as a thank you for their efforts in utilizing digital technology to address local issues. Issuing and Distributing NFTs via…
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Sango-Coin for Citizenship in the Central African Republic Is Illegal: the Constitutional Court Rules
According to reports, the Touadéra government’s offer of land and citizenship to purchasers of the sango coin is unconstitutional, as determined by a constitutional court in the Central African Republic. The nationality of the nation “has no market value,” according to the court, so the scheme to exchange sango coins for citizenship must be stopped.…
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Institutional Clients Show ‘Massive Crypto Interest,’ According to Bitstamp
A significant cryptocurrency exchange’s CEO, Bitstamp, claims that institutional clients are showing “massive crypto interest” on his trading platform. According to him, “many institutional companies are looking to enter the cryptocurrency market for the first time.” Jean-Baptiste Graftieaux, the CEO of Bitstamp worldwide, discussed his thoughts on cryptocurrency regulation in an interview with Business2community that…
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According to BBVA, Colombians Constitute 20% of Users of New Generation Crypto-Powered Accounts.
Latam users are very interested in BBVA’s crypto-powered solutions, according to a recent article published by the private bank with headquarters in Spain. According to the institution, nearly 20% of the users of their New Gen accounts, which are accessible from Switzerland, are Colombians drawn to the crypto services these accounts provide. Due to the…
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Asian Universities Will Receive $20 Million From the Korean Blockchain Project Klaytn for Blockchain Research.
South Korea’s SEOUL Blockchain protocol Klaytn has committed $20 million over four years to support blockchain development and funding at the National University of Singapore and the Korea Advanced Institute of Science and Technology (KAIST) in Seoul (NUS). In Coindesk’s 2021 University Rankings for Blockchain, NUS took first place overall, while KAIST came in at…