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Russia to Decide Fate of Crypto Exchangers in 2022

Russia to Decide Fate of Crypto Exchangers in 2022Discussions on the future of “virtual currency exchangers” in Russia should be completed in 2022, a high-ranking representative of the country’s financial watchdog has indicated. Following international standards, authorities in Moscow would have to either regulate or ban such platforms. Decision on Digital Currency Exchangers in Russia Expected Next Year Considerations regarding the regulatory treatment […]

Russia Cautious on Tokenizing Real-World Assets

Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals

Singapore Strives to Become Global Crypto Hub, Monetary Authority RevealsSingapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish Itself as Center for Crypto […]

Russia Cautious on Tokenizing Real-World Assets

Crypto Trading, Mining Are Illegal and Punishable, Nepal Central Bank Warns

Crypto Trading, Mining Are Illegal and Punishable, Nepal Central Bank WarnsMining and trading of cryptocurrencies are illegal in Nepal, the country’s central bank has reminded citizens of the Himalayan nation. The regulator also warned that participating in such activities would entail penalties as per the current legislation. Despite its position, however, the Nepalese have continued to invest in bitcoin, media reports reveal. Engaging in Illegal […]

Russia Cautious on Tokenizing Real-World Assets

‘All Banks Go Fintech’: Hong Kong Unveils ‘Fintech 2025’ Strategy

‘All Banks Go Fintech’: Hong Kong Unveils ‘Fintech 2025’ StrategyThe Hong Kong Monetary Authority (HKMA) plans to guide local banks towards full adoption of fintech technologies, a new strategy reveals. The region’s central banking institution also stressed that it’s going to “walk the talk” by digitalizing its own supervision of financial institutions. Hong Kong Central Bank to Support Fintech Development Hong Kong’s monetary policy […]

Russia Cautious on Tokenizing Real-World Assets