As you know, the oldest bank of the UK Barclays is one of the world’s largest financial conglomerates with a wide representation in Europe, the United States and Asia. All financial operations of the conglomerate are carried out through a subsidiary bank of Barclays Bank PLC, which ranks second among…
Posts published in “Cryptocurrency”
China is still at the stage of developing the state digital currency, the head of the state research center of China told reporters. According to Zhang Yifeng, head of China Banknote Blockchain Research Center, China is still working on the creation of a national digital currency, but the timing of…
China’s central bank has said cryptocurrencies will be one of its top priorities this year, in an effort to protect the national currency. According to an announcement Thursday, People’s Bank of China (PBoC) has outlined its agenda for the coming year during a conference call focused on monetary development. While…
The head of the Chinese Central bank, Gan said that the cryptocurrency is money that has no borders. According to the official, the cryptocurrency is adrenaline for crypto investors. Digital assets are of great interest to Chinese society, as it gives full freedom to enter the financial market. Also,…
New York State Assembly legislator Ron Kim (D-40) has unveiled a bill that intends to protect cryptocurrency investors and ease the bureaucratic burden on crypto-related businesses. It’s the first comprehensive cryptocurrency bill in New York to make it past studies and commissions and into the hands of the legislative branch.…
The Cabinet of Thailand, the executive branch of the country’s government, has provisionally passed two royal decree drafts aimed at regulating cryptocurrencies, a report states. The drafts – covering both cryptocurrency and initial coin offering transactions, as well as a possible tax on crypto capital gains – first received agreement from…
The G20 finance ministers and heads of central banks are concerned about the risks to global financial stability that can create cryptocurrencies, and intend to propose possible measures for the international regulation of their market. Technological innovations that underlie the work of cryptocurrencies can enhance the efficiency of the financial…
Coinbase appears poised to increase its global market share for licensed cryptocurrency exchanges. It recently hired a mergers and acquisitions veteran who handled more than 40 deals for Linkedin, signaling its intent to start gobbling up competitors in the industry. Now it’s also established a new legal beachhead in the…
Crypto-exchange Bithub will install payment terminals that will allow restaurant customers to pay for their orders with bitcoins, airwaves and other crypto currency. One of the largest exchanges introduced its new brand – Touch B. The creation of ATM terminals was entrusted to the companies by Uno Space, TROS Systems…
The Deputy Prime Minister of Thailand granted a mandate that requires that the law on the Crypto-currency and ICO be completed within a month. Regulators met and agreed that there is no need to refer to existing laws of the country, but instead introduce instead of them a “special law”.…