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” Sweden’s central bank completes second phase of e-krona testing “ The Swedish central bank’s digital currency project, a proposed CBDC, known as the e-krona has successfully finished its second phase of trials. According to Riksbank, the nation’s central bank, the asset is now technically ready to be integrated into banking networks and facilitate transactions. …
” HSBC debuts metaverse investment fund in Asia: Report “ Global banking giant HSBC Holdings has rolled out its metaverse investment product for wealthy clients in Singapore and Hong Kong, according to multiple media reports. Called the Metaverse Discretionary Strategy portfolio, the new product is managed by HSBC’s asset management arm, HSBC Asset Management. The…
“Closing arguments heard in ex-Goldman banker Roger Ng trial” A former Goldman Sachs banker should be convicted of helping loot billions of dollars from Malaysia’s 1MDB sovereign wealth fund and causing “immeasurable” harm, a US prosecutor told jurors in her closing argument on Monday. But a lawyer for the defendant Roger Ng, Goldman’s former top investment…
” Bosnian court sides with Bitcoin miner in frozen bank account case “ Italy’s second-largest bank UniCredit and the Bitcoin (BTC) mining farm Bitminer Factory have faced each other in the Bosnian city Banja Luka court, which decided that the bank improperly closed the company’s account and must compensate €131 million (about $144 million) to…
“Credit Suisse probed over compliance with Russia sanctions” US lawmakers are probing Credit Suisse Group’s compliance with sanctions related to Russia’s invasion of Ukraine and have asked the Swiss bank to provide all relevant documentation. Credit Suisse was asked to hand over documents related to the financing of yachts and private jets owned by potentially sanctioned…
” From taxes to electricity, blockchain adoption is growing in Austria “ Austria has been actively transforming into an attractive location for providers of blockchain-based products, with the government itself experimenting with the technology and trying to create a legal basis upon which companies can use it. With regard to blockchain-based applications in the economy,…
“Deutsche Bank execs fired after corporate strip club visit” Deutsche Bank this week fired seven New York employees — including a number of top executives — after a visit to a strip club was charged to the company, The Post has learned. An attempt was made to then sweep the visit and the accompanying charges…
” Top Israeli bank to accept BTC and ETH trading through Paxos’ collaboration “ Leumi Bank, one of the largest lenders in Israel, reportedly started to accept Bitcoin (BTC) and Ether (ETH) trading. According to a Thursday report by Reuters, Pepper Invest, Leumi’s digital platform, partnered with blockchain infrastructure provider Paxos to launch crypto trading. Pepper…
” Bank of England and regulators assess crypto regulation in raft of new reports “ The Bank of England Financial Policy Committee and other U.K. regulators are assessing crypto regulation after publishing reports on financial stability relating to cryptoassets and decentralized finance. The BoE report was released on Thursday, and the Financial Conduct Authority, or…
” Colorado accepts tax payments in crypto: Was it just a matter of time? “ The governor of Colorado, Jared Polis, announced in February that the state government plans to allow residents to pay taxes in cryptocurrencies as early as the summer of 2022. To some experts, the move is both legitimizing for the crypto…