The Philippine government has undertaken to adopt an international reporting framework for digital exchange assets in 2028, in line with global efforts to limit cross -border tax evasion and illegal financial flows. The move emphasizes the country’s Ministry of Finance…
Jpmorgan (Nasdaq: JPM) has confirmed that it is planning to launch JPMD, a StableCoin-like “deposit token”, which will serve as a digital representation of a commercial bank deposit. A spokesman for the bank revealed The plans for CNBC on June…
When Hong Kong legislators passed The StableCoins Regulation Last month, they opened the city state to become a global hub for digital assets, with dozens of companies that are now trying to issue issue Stablecoins under the new frame. According…
The outgoing chairman of the Financial Stability Board (FSB), Klaas Knot, has warned to interconnects between the digital asset sector and Traditional economy (Tradfi) is approaching a “tip point” and creates potential risks. FSB Plenum, FSB’s decision-making-a international organization that…
A few years ago, digital assets in Kenya could not get a bank to open accounts for them and had to take up mobile money whose daily transaction The boundaries are much lower. Now one of three banks is ready…
TLDR: Ripple offers a repurchase of $ 175/equities, an increase of 135% from $ 74 private market trade. A $ 700 million tender increases valuation to almost $ 25B without stock exchange listing. The company holds $ 3.7 billion cash,…
TLDR: Crypto markets fell after Israel launched strikes on Iran and escalated geopolitical tensions. Bitcoin, Ethereum and Altcoins saw great losses when investors left risk resources. Over $ 1,14B in crypto -liquidations occurred in 24 hours, which intensified the market…
Bank of Japan (Boj) says it is unsure of one Central Bank digital currency (CBDC) because cash use in the country remains high. However, rapid digitization has significantly increased cashless payments in the country in recent years, which encourages the…
Brazil’s central banks will relax proposed regulations that would have limited the use of Stablecoins In cross -border funds are transmitted and cling to self -hosted Walletssays local reports. In December Brasil’s central bank Published a consultation document that describes…
Japan’s Central Bank has no immediate plans to launch a Central Bank digital currency (CBDC) but continues to explore the digital yen in a pilot program. Bank of Japan (Boj) Director Kazunari Kamiyama spoke at the ninth CBDC collaboration council…
