Warren favors the use of cryptocurrencies and CBDCs, as these could help solve the problems of large banks. The senator believes that there should be strict regulations on these assets to protect users from fraudulent actors.
The plaintiffs accuse the Bitcoin Law of having no legality or foundation. Deputy Jaime Guevara says that they are putting the newly elected magistrates to the test.
Salvadoran deputy Jaime Guevara supported a...
The continued reduction in mining difficulty and the increase in the price of Bitcoin have contributed to raising miners' income. The growing number of people using Bitcoin, the entrance of new players into the mining business,...
The purpose of the financial entity is to reduce the risks related to this sector. Elliptic offered technical support for the tests through its Discovery tool.
Banco Santander completed a pilot test with...
The deputy governor of the Bank of England compared the current crisis with the dotcom crash. According to him, the survivors of this crisis could face the same situation as entities like Amazon and eBay.
Although Yellen admits that Bitcoin and other cryptocurrencies offer advantages, she is still skeptical. The US government official is concerned that criminals might use crypto assets in illicit activities like money laundering.
Janet...
The decision comes as a result of a thorough assessment of the bank's international banking services.
Leading UK bank Barclays has implemented a substantial measure that could result in certain expatriate customers finding...
Arguing that cryptocurrencies could facilitate tax evasion, the AIFT requires virtual wallets to report information on their Argentine clients. The government included Bitcoin technology within the mission and scope of the Mint by reforming the organic...
Spokesmen of the Central Bank of Laos,
claim that they do not have an optimal security system to
protect its citizens from illegal transactions if they use cryptocurrencies
Recently, the Central Bank of The Lao...
The
banking sector of that country seeks to increase the number of financing
credits for the benefit of small and medium-sized industries
A
considerable group of financial entities in India has agreed to establish an
alliance in...
