Tag: Countries

Coinbase Launches Crypto Debit Card in 6 European Countries

Coinbase Launches Crypto Debit Card in 6 European Countries Coinbase Card is being made available in six new countries across Europe. The service enables users to spend their digital funds in-store and online, supporting all crypto assets available to trade on the Coinbase platform such as bitcoin cash. Also Read: […]

Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos

Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos Cryptocurrencies have been trending upwards in price over the last few weeks, but in certain countries around the world digital assets have become far more valuable. For instance, in Argentina, the nation’s sovereign currency has lost considerable value and cryptocurrencies […]

G20 Countries Start Implementing Unified Crypto Standards

G20 Countries Start Implementing Unified Crypto Standards As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the […]

24 Countries and IMF Discuss Global Standards of Crypto Regulation

24 Countries and IMF Discuss Global Standards of Crypto Regulation Twenty-four financial authorities and 11 international organizations, including the International Monetary Fund and the World Bank, recently gathered in New York and discussed global standards of crypto regulation. “It is important to consistently implement international standards,” said the chairman of […]

How 5 Asian Countries Regulate Cryptocurrency

How 5 Asian Countries Regulate Cryptocurrency The Financial Stability Board has detailed how its member countries regulate crypto assets, who the regulators are, and the scope of their oversight. Most countries have more than one government body monitoring and regulating different aspects of crypto activities. Among the board’s Asian member […]

35 Countries Urged to Regulate Cryptocurrency Exchanges Like Commercial Banks

35 Countries Urged to Regulate Cryptocurrency Exchanges Like Commercial Banks The Financial Action Task Force has finalized its requirements for the supervision and monitoring of cryptocurrency service providers. The inter-governmental body has reportedly urged all of its 35 member countries to regulate crypto exchanges in the same manner they regulate […]

Big Banks Money Laundering: UBS Fined $4.2 Billion, Danske Shuts Down in 4 Countries

Big Banks Money Laundering: UBS Fined .2 Billion, Danske Shuts Down in 4 Countries Money laundering scandals involving some of the world’s largest banks have grown this week. Switzerland’s largest bank, UBS, has been fined 3.7 billion euros (~$ 4.2 billion) for money laundering. Amid a $ 226 billion scandal, […]

Iran in Talks With 8 Countries for Use of Cryptocurrency in Financial Transactions

Iran in Talks With 8 Countries for Use of Cryptocurrency in Financial Transactions Iran is exploring various options, including holding negotiations with other countries to introduce cryptocurrency in global trade, as the Islamic state moves to sidestep U.S. economic sanctions. Mohammad-Reza Modoudi, the acting head of Iran’s Trade Promotion Organization […]