Why Hong Kong Is Pushing for Its Own Central Bank Digital Currency

As a global financial hub, Hong Kong has a vested interest in shaping the development of CBDCs and especially the systems in which they will transact across borders. But the U.S. should be concerned by its lack of full independence from mainland China. дальше »

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Crypto community members discuss bank run on Binance

According to CEO Changpeng Zhao, Binance has seen outflows of an estimated $1.14 billion from the exchange.

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German crypto asset trading platform Bitcoin Group SE buys bank with full license

Bankhaus von der Heydt has its own stablecoin and digital asset custody and tokenization services, but it was on the market for a while and almost went to BitMEX execs. дальше »

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Silvergate stock plummets below the two-year low

Silvergate, a crypto-friendly bank based in San Diego, becomes the latest victim of the crypto downfall. The company released a public statement pleading to have been exposed to the FTX debacle. Silvergate falls victim to FTX collapse Silvergate bank has… дальше »

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Binance Sees Largest Bitcoin Withdrawal In Its History, BTC Rally Set To Benefit?

The largest crypto exchange in the world, Binance has experienced the most significant Bitcoin withdrawal in its history, per recent data. The company might face a bank run as crypto investors’ confidence continues to decline following the collapse of trading venue FTX and a U. дальше »

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Silvergate Shares Drop to Fresh 2-Year Low Amid FTX Testimony

The crypto-friendly bank announced earlier this month that it was a “victim” of the failed crypto exchange. дальше »

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Brazil Central Bank Plans to Launch a CBDC in 2024

The central bank sees a digital currency as a way of increasing participation in the financial system. дальше »

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Китайская компания запустила продукт для страхования кошельков цифрового юаня

Сучжоуское отделение страховой компании China Pacific Insurance вместе с Bank of Communications объявило о запуске продукта страхования счетов в цифровой валюте ЦБ. дальше »

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Citi Downgrades Robinhood, Says FTX Fallout Will Weigh on Crypto Trading Revenue

The bank downgraded the trading platform to neutral from buy, with a lowered price target of $10. дальше »

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Bitcoin Group set to acquire German’s oldest Bank for over $15M

Crypto holding company Bitcoin Group has moved to buy one of the world’s oldest banks Bankhaus von der Heydt, for roughly $15 million. The post Bitcoin Group set to acquire German’s oldest Bank for over $15M appeared first on CryptoSlate. дальше »

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Bermuda-based bank releases USD-pegged stablecoin

Bermuda’s first digital asset bank, Jewel, launched a stablecoin JUSD at the Polygon network. The company will release quarterly reporting on its reserves. On Monday, Jewel announced in a Twitter post that it would release a Polygon-based stablecoin dubbed Jewel… дальше »

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Bermuda Digital Bank Jewel Issues ‘Fully-Backed’ Stablecoin

The Jewel USD stablecoin will be launching on Polygon. дальше »

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Bitcoin Group Agrees to Buy German Bank Bankhaus von der Heydt for More Than $15M

The transaction is expected to be completed by the third quarter, 2023. дальше »

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Bank of England invites CBDC proof-of-concept proposals

The Bank of England is accepting applications for a proof of concept wallet for its Central Bank digital currency until December 23 дальше »

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Crypto Biz: Is Goldman Sachs the ultimate crypto contrarian?

Is the U.S. investment bank looking to buy up distressed crypto firms amid the bear market?

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Mizuho Downgrades Crypto Exchange Coinbase to ‘Underperform,’ Cuts Price Target to $30

The bank’s analysis shows that 2023 revenue estimates for the crypto exchange are overly optimistic. дальше »

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Mizuho Cuts Crypto Exchange Coinbase to Underperform, Trims Price Target

The bank’s analysis shows that 2023 revenue estimates for the crypto exchange are overly optimistic. дальше »

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Signature Bank slashes crypto deposits by $10B after FTX crash

Signature Bank (SBNY) has announced it will lower its crypto-linked deposits by $8-10 billion, given the uncertain market conditions in the crypto space after the collapse of FTX. дальше »

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DMI finds CBDCs not targeting cross-border payments, huge potential in metaverse

The Digital Money Institute’s third annual payments report looks at central bank digital currencies for the first time, as well as other payment methods, through the lens of cross-border payment utility. дальше »

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Japan’s Second-Largest Bank To Use Soulbound Tokens for Identity Verification

The second-largest bank in Japan, Sumitomo Bank, plans to trial soulbound tokens for identity verification. Japan has been making big strides in web3 experimentation and research. The post Japan’s Second-Largest Bank To Use Soulbound Tokens for Identity Verification appeared first on BeInCrypto. дальше »

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Crypto industry will survive bubbles of 2022: ECB official

European Central Bank (ECB) executive board member Fabio Panetta believes that the crypto sphere requires adequate regulation after recent crashes and insists that the bubbles won’t end the industry as a whole. дальше »

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South Korea’s Central Bank Wants to Oversee Stablecoins

The country joins other jurisdictions in proposing standards for stablecoin issuance. дальше »

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Spain’s Central Bank Opens Call for Proposals for Wholesale CBDC Project

The proposal period will be open until January 31, 2023 for financial institutions and technology solution providers. дальше »

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Crypto Bank Signature Suffers Another Analyst Downgrade; Shares Fall

Raymond James is the latest Wall Street firm to cut its rating on the stock, following Morgan Stanley’s move earlier this week. дальше »

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Assessing the 'why' behind Signature Bank's move to limit cryptocurrency exposure

Signature Bank, a New York-based bank, plans to reduce deposits around cryptocurrencies  Due to the ongoing volatility in the cryptocurrency market. Signature Bank's stock plummeted by 50% The post Assessing the 'why' behind Signature Bank's move to limit cryptocurrency exposure appeared first on AMBCrypto. дальше »

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Iran may freeze bank accounts of women who don’t comply with “Hijab rule”

Despite widespread protests around brutality of Iranian morality police, a report has revealed the government's plan for alternative sanctions, such as financial ones to force hijab wearing. дальше »

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Nigeria forces CBDCs by limiting ATM cash withdrawals over $225 a week

To further its "cash-less Nigeria" policy and promote the usage of the eNaira, Nigeria's Central Bank's Digital Currency, the country has dramatically curtailed the amount of cash that people and busiThe post Nigeria forces CBDCs by limiting ATM cash withdrawals over $225 a week appeared first on AMBCrypto. дальше »

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Iran set to freeze bank accounts of women who refuse to wear a hijab

Iran’s plan to freeze bank accounts reinforces the need for decentralized currencies to exist in tandem with cash and CBDCs.

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Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC

The limits set by the Central Bank of Nigeria are part of a broader push to encourage digital financial transactions.

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First Mover Asia: Bitcoin Holds Its $17K Perch Amid Rate Hike Concerns

ALSO: Sam Reynolds writes that Asia is ready for a scaled up, crypto-friendly bank, particularly if the U.S. oversteps in regulating the industry following the recent FTX debacle. дальше »

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Signature Bank to Reduce Crypto-Tied Deposits by as Much as $10 Billion

Nearly a quarter of the Wall Street bank's current deposits come from crypto-related businesses. дальше »

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Silvergate Debunks Rumours Of A Liquidity Crisis Despite BlockFi, FTX Exposure

Silvergate bank has defended itself against allegations that it could be facing a liquidity crunch due to its close relationship with cash-beleaguered crypto exchange FTX and lending firm BlockFi. дальше »

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Sen. Warren goes after Silvergate’s relationship with FTX

Elizabeth Warren and two other Republicans questioned Silvergate regarding the crypto bank’s involvement with FTX and the Bankman-Fried businesses.  As NBC News wrote, Elizabeth Warren, a Massachusetts Democrat and member of the Senate Banking Committee, wants to understand the nature… дальше »

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US lawmakers request answers from Silvergate over ties to FTX: Report

Three senators said they were concerned about Silvergate following reports suggesting that the bank "facilitated the transfer of FTX customer funds to Alameda." дальше »

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Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren

Senator Elizabeth Warren (D-Mass) and two GOP senators have asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research, NBC reported Tuesday. дальше »

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Банковский комитет сената подозревает криптобанк Silvergate в неправомерной деловой практике

Группа сенаторов направила в Silvergate Bank запрос на предоставление информации относительно совместных операций с FTX и отношений с основателем банкротящейся криптобиржи. дальше »

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Bitcoin Risks Crashing To $5,000 In 2023 — Standard Chartered’s Chief Strategist Warns

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Глава Silvergate Capital: «Трейдеры на коротких позициях спекулируют на негативных новостях»

Генеральный директор Silvergate Capital, материнской компании Silvergate Bank, Алан Лейн считает, что инвесторы, заинтересованные в падении криптовалютного рынка, спекулируют на негативных новостях. дальше »

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Nexo announces gradual exit from the United States

Nexo, a leading crypto lender based in the UK, has announced a phased exit from the United States. The latest Nexo news comes just a few months after the company revealed a stake in a US-based bank as it sought to bolster its presence in the country. дальше »

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Goldman Sachs to Spend 'Tens of Millions' on Discounted Crypto Investments After FTX Implosion: Report

The investment bank sees a bigger need for trustworthy and established players in the crypto space. дальше »

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Silvergate CEO Attempts to Address Concerns in Public Letter

Shares of the crypto-focused bank have been reeling in part due to links with failed crypto exchange FTX and sister company Alameda Research. дальше »

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Standard Chartered expects Bitcoin to plunge to $5K in 2023

According to the banking startup, the largest crypto by market cap will drop to as low as $5,000. The bank's head of global financial research, Eric Robertsen, saw that even though the coin's sell-off pressure is getting lower, the price fall could continue. дальше »

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Crypto Bank Silvergate Cut to Underweight at Morgan Stanley Following FTX Collapse

Already down more than 50% over the past month, the bank’s shares are lower by another 3% in premarket action Monday morning. дальше »

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Bank of America: Регулирование ускоряет институциональное принятие криптовалют

Банкротство криптовалютной биржи FTX заставило многие государства усилить контроль за блокчейн-индустрией. Регулирование рынка цифровых активов создает условия не только для повышения его прозрачности и безопасности, но и ускоряет вхождение институционального капитала в криптосферу, говорится в докладе Bank of America. дальше »

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Guiding the Chinese Central Bank Digital Currency the World Admires and Fears

Many nations, especially the economic superpowers, began the year in fear of being left behind by China’s relentless progress with its digital yuan. For leading the development of the most advanced major CBDC, Mu Changchun is one of CoinDesk’s Most Influential 2022. дальше »

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Pakistan signs in new laws to expedite the launch of CBDC

The State Bank of Pakistan (SBP) has approved new laws for Electronic Money Institutions (EMIs). KEY TAKEAWAYS The SBP plans to launch a CBDC within the next three years. The World Bank helped Pakistan design the new regulations. дальше »

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Bank of America Say Regulation Is Key for Mainstream Adoption of Crypto

Despite the correction in cryptocurrency markets, the development of blockchain technology has accelerated, the report said. дальше »

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A European Central Bank Blog Decries the End of Bitcoin, and We Aren’t Buying It

Plus: What happens when you go from bitcoin-only to … not? Crypto Long & Short is CoinDesk's weekly newsletter featuring insights, news and analysis for the professional investor. дальше »

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Russian Banking Giant Sber Adds Ethereum And MetaMask Support

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Three Arrows Capital Liquidators Seize $35.6M From Singaporean Banks

Liquidators for Three Arrows Capital (3AC) have seized $35.6 million from the collapsed crypto hedge fund’s bank accounts in Singapore three months after getting the nod from that country’s High Court to begin probing 3ACs assets in the country. дальше »

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