STANDARD CHARTERED PREDICTS BITCOIN MAY HIT $50,000 THIS YEAR, $120,000 BY 2024 |1300 HKT | 0600 UKT | 12 July 2023

by Александр Пирогов | Jul 12, 2023 | Blog News

Standard Chartered predicts Bitcoin’s value could climb to $50,000 in 2023 and to $120,000 by 2024-end. This marks a 20% increase from the bank’s previous forecast in April. The bank’s top FX analyst, Geoff Kendrick, suggests that the recent surge in Bitcoin price...

UK REGULATOR HALTS 26 ILLEGAL CRYPTO ATMS, WARNING PUBLIC OF FRAUD RISKS |1300 HKT | 0600 UKT | 12 July 2023

by Александр Пирогов | Jul 12, 2023 | Blog News

The UK Financial Conduct Authority (FCA) has reportedly halted 26 cryptocurrency ATMs across the nation, cautioning consumers about their potential risks. This follows an incident in Sheffield where a citizen lost £1,000 after attempting to buy crypto from a crypto...

HASHKEY PRO PURSUES LICENCE UPGRADE TO EXPAND ITS CRYPTO SERVICES IN HONG KONG |1300 HKT | 0600 UKT | 10 July 2023

by Александр Пирогов | Jul 10, 2023 | Blog News

Asian-based cryptocurrency exchange HashKey Pro has reportedly applied for a licence upgrade to the Hong Kong Securities and Futures Commission (SFC). The exchange is currently restricted to trading only a few digital currencies like bitcoin, ether, tether and USD...

BIS PUBLISHES SEVEN-POINT PLAN, HIGHLIGHTING CYBER THREATS OF DIGITAL CURRENCY |1300 HKT | 0600 UKT | 10 July 2023

by Александр Пирогов | Jul 10, 2023 | Blog News

The Bank for International Settlements (BIS), an umbrella body for central banks worldwide, has introduced a seven-point plan “Polaris security and resilience framework” aimed at safeguarding the countries from cyber attacks against central bank digital currencies...

BINANCE EXPERIENCES HIGH-LEVEL DEPARTURES AMID REGULATORY CONTROVERSIES |1300 HKT | 0600 UKT | 10 July 2023

by Александр Пирогов | Jul 10, 2023 | Blog News

Binance, the world’s largest crypto exchange, is experiencing a wave of high-level departures. Key figures including Patrick Hillmann, Chief Strategy Officer; Steven Christie, Compliance Executive; Hon Ng, the General Counsel, and Yibo Ling, Chief Business Officer,...

ISRAEL ADVANCES BILL TO OFFER TAX INCENTIVES TO FOREIGN RESIDENTS |1300 HKT | 0600 UKT | 7 July 2023

by Александр Пирогов | Jul 10, 2023 | Blog News

In an effort to attract global investors and companies, Israel’s parliament, the Knesset, is advancing a bill exempting foreign residents from capital gains tax on the sale of digital currencies. Sponsored by Knesset member Dan Ilouz and passed through a preliminary...