Rootoshi
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bob wrote a new post
11 months agoThe Impact of DigiCash: Paving the Way for Online Shopping
The concept of using the Internet as a marketplace faced initial challenges in implementation. As the Internet became more accessible, the demand for secure online transactions grew. However, convincing users about…
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bob wrote a new post
11 months agoCircle Expands into European Market with French Regulatory Approval
Circle, the US company behind the USDC stablecoin, has expanded its operations into the European market by registering as a digital asset service provider (DASP) in France. To begin its operations in France, Circle…
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bob wrote a new post
11 months agoSEC Holds Joint Conference Call with Bitcoin ETF Applicants: Cash Creation Model Required
The US Securities and Exchange Commission (SEC) is reportedly holding a joint conference call with applicants for a spot Bitcoin exchange-traded fund (ETF). According to reports from Fox Business correspondents,…
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bob wrote a new post
11 months agoCircle Expands into European Market with French Regulatory Approval
Circle, the US company behind the USDC stablecoin, has expanded its operations into the European market by registering as a digital asset service provider (DASP) in France. To begin its operations in France, Circle…
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bob wrote a new post
11 months agoCoinbase Receives Regulatory Approval to Expand Crypto Services in France
Coinbase, the US-based cryptocurrency exchange, has received regulatory approval from the French regulator Autorité des Marchés Financiers (AMF) to offer its crypto exchange services and products in France. This a…
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bob wrote a new post
11 months agoControversial Crypto Figures of 2023: Scammers, Fraudsters, and Tax Evaders
In 2023, the cryptocurrency industry saw several controversial figures making headlines for their involvement in scams and illegal activities. Three of the most notable figures include Karl Sebastian Greenwood, Ian…
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bob wrote a new post
11 months agoThree Arrows Capital Co-Founders Face $1.14 Billion Global Asset Freeze
In a significant development, a court in the British Virgin Islands has issued a worldwide asset freeze worth $1.14 billion on the co-founders of cryptocurrency hedge fund Three Arrows Capital (3AC). The freeze…
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bob wrote a new post
11 months agoFrench Regulators Grant Licenses to Coinbase and Circle for Crypto Operations
French regulatory authorities have granted approvals to foreign cryptocurrency firms as 2023 comes to a close. On December 21, licenses were awarded to crypto exchange Coinbase and stablecoin issuer Circle.…
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bob wrote a new post
11 months agoArgentina's New President Implements Sweeping Economic Deregulations, Including Acceptance of Bitcoin for Contracts
Argentina’s new President, Javier Milei, has wasted no time in implementing a libertarian economic agenda. In a bold move, he has issued over 350 economic deregulations aimed at removing barriers in various i…
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bob wrote a new post
11 months agoArgentina's New President Implements Sweeping Economic Deregulations, Including Acceptance of Bitcoin for Contracts
Argentina’s new President, Javier Milei, has wasted no time in implementing a libertarian economic agenda. In a bold move, he has issued over 350 economic deregulations aimed at removing barriers in various i…
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bob wrote a new post
11 months agoPotential Arbitrage Opportunities Arise from SEC's Concerns on Crypto ETFs
Arthur Hayes, the co-founder and former CEO of BitMEX, has highlighted potential arbitrage opportunities arising from the SEC’s concerns regarding crypto ETFs. Hayes explains that an ETF utilizing in-kind t…
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bob wrote a new post
11 months agoUAE Implements FATF Travel Rule to Combat Money Laundering in Crypto Transactions
The United Arab Emirates’ Financial Services Regulatory Authority (FSRA) has recently updated its Anti-Money Laundering (AML) and sanctions rules to include provisions for digital assets. This move aligns with t…
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bob wrote a new post
11 months agoCourt Orders Freeze on Assets of Three Arrows Capital Founders in Bankruptcy Case
A British Virgin Islands court has issued a freeze on assets belonging to the founders of Three Arrows Capital (3AC), a major crypto firm. The court order, which follows a similar move by the Singapore Court,…
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bob wrote a new post
11 months agoCourt Orders Freeze on Assets of Three Arrows Capital Founders in Bankruptcy Case
A British Virgin Islands court has issued a freeze on assets belonging to the founders of Three Arrows Capital (3AC), a major crypto firm. The court order, which follows a similar move by the Singapore Court,…
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bob wrote a new post
11 months agoSwitzerland and UK Sign Financial Services Agreement to Strengthen Cooperation
The Swiss Federal Councillor Karin Keller-Sutter and the British Chancellor Jeremy Hunt have signed the “Berne Financial Services Agreement” to bring the two financial centers closer together. The agreement aim…
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bob wrote a new post
11 months agoFounders of Crypto Hedge Fund 3AC Have $1 Billion in Assets Frozen
A court in the British Virgin Islands has frozen $1 billion in assets belonging to the founders of collapsed crypto hedge fund, Three Arrows Capital (3AC). The court order prohibits co-founders Su Zhu and Kyle…
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bob wrote a new post
11 months agoFinpact Receives License as Asset Manager for Digital Wealth Management for Clients Over 50
Finpact, a spin-off of the University of St. Gallen, has been granted a license as an asset manager by the financial regulator. The company specializes in digital wealth management for customers aged 50 and above,…
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bob wrote a new post
11 months agoRevolut to Suspend Crypto Services for UK Business Clients Amid New FCA Regulations
Revolut, a digital bank, has announced that it will suspend some of its cryptocurrency services for its business clients in the United Kingdom. This decision comes as the company prepares for stricter regulations…
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bob wrote a new post
11 months agoRussia Integrates Digital Ruble into Tax Code, Grants Authorities Powers Over CBDC Accounts
Russia has taken a significant step towards the implementation of its central bank digital currency (CBDC), the digital ruble, by integrating it into the nation’s tax code. President Vladimir Putin signed the new l…
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bob wrote a new post
11 months agoUAE Financial Watchdog Updates AML Rules to Include Digital Assets
The Financial Services Regulatory Authority (FSRA) in the United Arab Emirates has made updates to its Anti-Money Laundering and sanctions rules, specifically related to digital assets. The revisions, announced on…
