by Александр Пирогов | Mar 14, 2023 | Blog News
South Korea’s Ministry of Science and ICT has invested 24 billion Korean won (US$18.1 million) in a fund aimed at driving metaverse initiatives in the country. The fund will support mergers and acquisitions of companies in the metaverse ecosystem and assist...
by Александр Пирогов | Mar 14, 2023 | Blog News
Signature Bank, a crypto-friendly bank based in New York, has been closed down and taken over by the New York Department of Financial Services (NYDFS). The NYDFS has appointed the US Federal Deposit Insurance Corporation (FDIC) to handle the insurance process. The...
by Александр Пирогов | Mar 14, 2023 | Blog News
Bitcoin surged by 5.3% to reach US$21,582, the highest gain in almost a month after the US Federal Reserve announced measures to protect depositors’ money and provide easier terms for short-term loans to help cash-strapped banks. The move came after the collapse...
by Александр Пирогов | Mar 14, 2023 | Blog News
Bank messaging platform, SWIFT announced positive results from a pilot test of linking different central bank digital currencies (CBDCs) on 9 March. The 12-week testing period saw the simulation of almost 5,000 transactions between two blockchain networks and existing...
by Александр Пирогов | Mar 14, 2023 | Blog News
The Indian government has announced that crypto transactions will be subject to the country’s Anti-Money Laundering regulations under the Prevention of Money-Laundering Act (PLMA) 2002. The regulations will affect various types of crypto transactions, including...
by Александр Пирогов | Mar 14, 2023 | Blog News
Bitcoin stabilized near its lowest point since mid-February 2023 on 9 March following the announcement by crypto-focused bank Silvergate Capital Corp that it plans to voluntarily liquidate. The California-based bank has been struggling after investors withdrew around...