Category: Digital Currency
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Gifting crypto to loved ones this holiday? Educate them first
Cryptocurrency may seem like the perfect holiday gift this year, but education is key when deciding how to gift digital assets.
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Traditional banks offer digital asset custody amid compliance legislation
Compliance and regulations become more important than ever before for banks and traditional institutions that offer support for digital assets.
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Traditional crypto custodians ramp up security to accommodate institutional demand
Offline storage solutions are necessary for traditional custodians and banks supporting digital assets.
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IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves
The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape, technological advances and the impact of the Covid-19 pandemic as events likely to influence the composition of reserves. Advances in Financial Technologies In addition to the…
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Indian Crypto Trader Arrested for Allegedly Using USDT to Launder Money on Behalf of Chinese Online Betting Scammers
An Indian law enforcement agency has arrested Naisar Kothari, a cryptocurrency trader, for his role in a money-laundering scheme linked to online Chinese betting scams. The arrest was made after the country’s Enforcement Directorate (ED) detected large amounts of money “being inexplicably transferred to some cryptocurrency traders.” In addition to Kothari’s arrest, the ED conducted…
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Chinese residents make 20K transactions in digital yuan trial event
The numbers come following the Suzhou municipal government giving away roughly $3 million in a digital yuan lottery for residents.
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Sweden is studying a potential transition to the e-krona CBDC
Sweden is examining the risks and consequences of moving its economy to its e-krona digital currency.
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Sweden is studying a potential transition to the e-krona CBDC
Sweden is examining the risks and consequences of moving its economy to its e-krona digital currency.
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Sweden is studying a potential transition to the e-krona CBDC
Sweden is examining the risks and consequences of moving its economy to its e-krona digital currency.
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Sweden is studying a potential transition to the e-krona CBDC
Sweden is examining the risks and consequences of moving its economy to its e-krona digital currency.