Search Results for: International

China’s Blockchain Service Network Unveils New International English-Based Website

China’s Blockchain Service Network, introduced in early 2020, has launched an official international website. The Chinese Blockchain Service Network (BSN), has been open for commercial use since April 2020, after six months of internal testing. The BSN aims to provide small businesses and individuals to operate blockchain applications easily without using a private blockchain network. … Continue reading China’s Blockchain Service Network Unveils New International English-Based Website

Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption

Santander Bank, a major European financial presence and one Ripple’s most prestigious partners is reportedly hesitating to add XRP to its international payments network. One of Ripple’s most prominent partners, major Spanish bank Santander appears concerned about the low activity of Ripple’s XRP token and is hesitant to adopt the cryptocurrency on its international payment … Continue reading Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption

Bank for International Settlements to Issue a PoC CBDC With the Swiss Central Bank Before the End of 2020

The Bank for International Settlements (BIS) is reportedly set to issue a Central Bank Digital Currency (CBDC) at the Proof of Concept (PoC)stage in conjunction with the Swiss National Bank. As reported by the Chinese media outlet The Paper, Benoît Cœuré, head of the Innovation Center of the Bank for International Settlements (BIS), revealed this … Continue reading Bank for International Settlements to Issue a PoC CBDC With the Swiss Central Bank Before the End of 2020

Chinese President Xi Jinping: Participate in Making Digital Currency and Digital Tax's International Rule Actively

Updated 31 October 2020 12:06 pm UTC China’s President Xi Jinping will publish an article on November 1 outlining the President’s strategy for China’s growth through the COVID-19 pandemic and highlights fostering a digital economy and digital currency. China’s General Secretary of the CPC Central Committee, President, and Chairman of the Central Military Commission Xi Jinping … Continue reading Chinese President Xi Jinping: Participate in Making Digital Currency and Digital Tax's International Rule Actively

OECD Will Launch International Crypto Tax Standards in 2021 says Tax Director

The director of the OECD’s Centre for Tax Policy and Administration has revealed that the Organization for Economic Co-operation and Development (OECD) will release international tax reporting standard for crypto assets in 2021. Pascal Saint-Amans, the director of the OECD’s tax center has reported that the OECD, a group of 37 nations working towards global … Continue reading OECD Will Launch International Crypto Tax Standards in 2021 says Tax Director

US SEC Releases List of Suspicious Crypto Firms Targeting International Investors

The US Securities and Exchange Commission (SEC) has named a number of unregistered crypto firms that are duping international investors with false corporate information. On Thursday, January 21, the US top regulator called out a list of 28 suspect investment firms purporting to offer advisory and trading businesses related to digital assets through their websites. … Continue reading US SEC Releases List of Suspicious Crypto Firms Targeting International Investors

US Department of Justice Works with International Agencies to Crack Down NetWalker Ransomware

US authorities have disrupted a major ransomware operator that targets hospitals across the world amid the COVID-19 pandemic. The authorities have managed such efforts through the assistance of Chainalysis blockchain firm. The US Department of Justice, the Bulgarian General Directorate Combating Organized Crime, and the Bulgarian National Investigation Service have worked together to track down … Continue reading US Department of Justice Works with International Agencies to Crack Down NetWalker Ransomware

Greater Bay Area Blockchain Week 2021 to Showcase International Technological Bridges

A nearly week-long premiere virtual event will feature industry leaders discussing the most exciting use cases of blockchain application in fintech, healthtech, investment banking, supply chain etc., as well as strengthen links between China’s own Greater Bay Area and other countries.   GBA Blockchain Week 2021 will kick off on March 29th, with core Virtual … Continue reading Greater Bay Area Blockchain Week 2021 to Showcase International Technological Bridges

The Bank for International Settlements Gives CBDCs Full Backing

The Bank for International Settlements (BIS) announced its full support for developing central bank digital currencies (CBDCs) in pursuing financial and monetary stability through international cooperation with the mandate and support by central banks. CBDCs are crucial in modernising finance The BIS acknowledged that CBDCs must modernise finance and keep ‘Big Tech’ in check not to control … Continue reading The Bank for International Settlements Gives CBDCs Full Backing

US Financial Giant Capital International Group Acquires 12.2% Equity in MicroStrategy

American financial services provider, Capital International Group, acquired 12.2% of the shares in MicroStrategy, the world’s largest Bitcoin holder. According to a document submitted to the US Securities and Exchange Commission (SEC) on July 12, the paper shows that Capital International Group, a large US asset management company, bought 953,242 shares of MicroStrategy common stock on the … Continue reading US Financial Giant Capital International Group Acquires 12.2% Equity in MicroStrategy

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