Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,403,738,990,227.88
  • 24h Vol: $55,630,174,149.64
  • BTC Dominance: 56.54%

banking sector

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Banking Sector Poses Highest Money Laundering Risk, Singapore’s Central Bank Says

Leave a Comment / anti-money laundering, banking sector, Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Finance, Money Laundering / / / , , , , ,

According to the Money Laundering Risk Assessment Report by Singapore’s central bank, the banking sector is identified as the highest money laundering risk to the country. The report also highlights risks related to digital assets and cryptocurrencies. To mitigate these risks, the Monetary Authority of Singapore (MAS) has implemented stringent regulatory measures under the Payment […]

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ethiopia-approves-cbdc-launch-draft-proclamation

Ethiopia Approves CBDC Launch Draft Proclamation

Leave a Comment / Africa, banking sector, Bitcoin, central bank digital currency (CBDC), Crypto Hacked, Cryptocurrency, Digital Currency, Ethereum / / / , , , ,

The Ethiopian Council of Ministers recently approved a draft proclamation that paves the way for the launch of a central bank digital currency (CBDC). The National Bank of Ethiopia (NBE) stated that the draft considers rapid technological advancements and draws from the experiences of fellow central banks. Proclamation Grants Ethiopian Central Bank Authority to Launch

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‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks

Leave a Comment / aggregate supply shocks, banking sector, Bankruptcy, Bitcoin, capital, Covid-19 pandemic., credit crunch, Crypto Hacked, Cryptocurrency, deposit franchise, depositors, Dr. Doom, Economics, Economist, Ethereum, face value, Federal Reserve, Financial Instability, higher interest rates, households, market value, medium-sized businesses, Nouriel Roubini, Opinion Editorial, price stability, Recession, regulatory regime, roubini, Securities, Small Businesses, trust, U.S banks, U.S. economy, Unemployment, unrealized losses, war in Ukraine / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Economist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are already fully insolvent.” Roubini: ‘Liquidity Support Cannot Prevent This Systemic Doom Loop’ The renowned economist Nouriel Roubini, also known

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uk-treasury-budget-discusses-separate-reporting-of-crypto-assets-in-tax-documents

UK Treasury Budget Discusses Separate Reporting of Crypto Assets in Tax Documents

Leave a Comment / annual budget, banking sector, Bitcoin, British financial system, combat tax evasion, criminal offenses, crypto assets, Crypto Hacked, Cryptocurrency, Cryptocurrency Assets, cryptocurrency investors, economic stability, Ethereum, Exchequer, Finance Minister, Government Gateway Service, industry, Internal Revenue Code, Jeremy Hunt, Joe Biden, loophole, proposed changes, public services, Section 1031, self-assessment tax forms, Silicon Valley Bank, spring 2023 budget, tax avoidance, tax policies, tax records, tax year, Taxes, taxes UK crypto, taxpayers, Transparency, Treasury, U.K. subsidiary, UK crypto taxes, UK Taxes, United Kingdom, US President / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Taxpayers in the United Kingdom will have to report cryptocurrency assets separately in their tax documents for the tax year 2024-25, according to the Exchequer’s recently published spring 2023 budget. New Criminal Offenses Planned by U.K. Government to Combat Tax Avoidance Amid the chaos in the banking sector following the collapse of Silicon Valley Bank’s

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