Tag: Financial

Growth of Crypto Industry Could Threaten Banks, Financial Stability: Basel Committee

Growth of Crypto Industry Could Threaten Banks, Financial Stability: Basel Committee BIS-backed global banking authority the Basel Committee has issued a sceptical statement on crypto assets, saying they’re “unsafe to rely on” as money Cointelegraph.com News

Australia’s Financial Intelligence Agency Registers 246 Bitcoin Exchanges

Australia’s Financial Intelligence Agency Registers 246 Bitcoin Exchanges The Australian Transaction Reports and Analysis Centre (Austrac) has now officially registered 246 cryptocurrency exchanges. Pro-regulation industry participants have described the move as a key step towards legitimizing crypto assets. The registration process includes performing background checks and other anti-money laundering procedures […]

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 […]