Binance Exchange suspended deposits through SEPA payment system

Cryptocurrency NewsBy 07/07/2021

Cryptocurrency exchange Binance has announced that it has temporarily stopped accepting deposits from bank accounts through the key European payment system SEPA. Work with the Single Euro Payments Area (SEPA) was suspended today, July 7, at 10 am Moscow time. The reason for this decision, representatives of Binance called “events beyond our control.” The SEPA system connects payment platforms across Europe and makes it easier for businesses to make bank payments. Binance used various intermediaries…

Tech Mahindra will deploy a solution on the blockchain to track the supply of vaccines from COVID-19

Cryptocurrency NewsBy 06/07/2021

Indian IT giant Tech Mahindra and StaTwig are deploying VaccineLedger to address supply chain issues that affect COVID-19 vaccine stocks and shelf life. Blockchain company StaTwig tested the VaccineLedger solution in India and the USA back in 2019. The company recently partnered with Indian IT giant Tech Mahindra to roll out the solution as part of a coronavirus vaccination campaign around the world. VaccineLedger’s goal is to increase the transparency of the vaccine supply chain.…

Hideki Murai: “We will shape the digital yen by the end of 2022”

Cryptocurrency NewsBy 06/07/2021

A politician who leads the digital currencies study group in Japan’s ruling party said that by the end of next year, lawmakers will shape how the digital yen works. Hideki Murai of Japan’s Liberal Democratic Party said that by the end of 2022, lawmakers will have a “clearer picture” of what Japan’s state-owned cryptocurrency should be like. Although lawmakers do not plan to make a decision on the issuance of the state cryptocurrency anytime soon,…

Thailand’s SEC accused Binance of illegal transactions

Cryptocurrency NewsBy 04/07/2021

The Securities Commission of Thailand (SEC) announced that it has opened a criminal case against the cryptocurrency exchange Binance on charges of illegal financial transactions. Several regulators are already investigating the activities of the largest cryptocurrency exchange, but the step taken by the SEC of Thailand has become the most serious – regulators of other countries are limited to only warnings. The SEC said in a statement that the regulator sent a letter to the…

Cayman Islands regulator announced lack of license from Binance exchange

Cryptocurrency NewsBy 04/07/2021

The Cayman Islands Monetary Authority (CIMA) said that the Binance cryptocurrency exchange is not licensed and licensed to operate in the country. According to media reports, the trading floor is registered in the Cayman Islands. However, CIMA said the exchange is not licensed to trade cryptocurrencies on these islands or within the British Overseas Territories. According to the department, Binance, Binance Group and Binance Holdings Limited are not under the control of CIMA. Therefore, the…

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency NewsBy 02/07/2021

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

The Central Bank of Ukraine received the right to issue state cryptocurrency

Cryptocurrency NewsBy 02/07/2021

The Verkhovna Rada of Ukraine adopted in the second reading the Law “On Payment Services”, which gives the Central Bank of the country the right to issue state cryptocurrency, which is recognized as legal tender. On Wednesday, June 30, the majority of deputies of the Verkhovna Rada of Ukraine voted for bill No. 4364. After the law comes into force, complex changes will take place on the payment market of Ukraine. The new law contains…

The President of Kazakhstan signed a law on the introduction of a tax for miners

Cryptocurrency NewsBy 02/07/2021

President of Kazakhstan Kassym-Jomart Tokayev signed a law providing for the introduction of an additional tax on electricity for miners working in the country. The law will come into force in January 2022. Due to the ban on mining in China, a large number of Chinese miners have been moving to Kazakhstan in recent months. Kazakhstan has previously been one of the main directions for the extraction of bitcoin. According to the Cambridge Bitcoin Electricity…

About 650 US banks will provide customers with access to bitcoin with the participation of NYDIG and NCR

Cryptocurrency NewsBy 01/07/2021

New York Digital Investments Group (NYDIG) and payments firm NCR have announced a partnership that will bring about 650 banks in the United States to offer their customers the option to buy bitcoin. Digital asset management firm NYDIG is a subsidiary of Stone Ridge Asset Management. The agreement between NYDIG and NCR will allow American banks and credit cooperatives to offer cryptocurrency trading to their clients, which total about 24 million people across the country.…

FinCEN has included crypto assets in the agency’s list of national priorities

Cryptocurrency NewsBy 01/07/2021

The Financial Crimes Enforcement Network of the United States (FinCEN) has identified the fight against illegal activities related to cryptocurrencies among the agency’s key priorities. In the first list of national priorities, FinCEN identified eight key areas: corruption, cybercrime and related aspects of cryptoasset-related illegal activities, including terrorist financing, fraud, transnational criminal organizations, drug trafficking, human trafficking and financing the proliferation of weapons of mass destruction. So far, the agency’s priority list is not linked…

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