Author: e_cash_top
-

Commerzbank becomes first major German bank to obtain cryptocurrency custody license
[ad_1] Commerzbank has secured a cryptocurrency custody license, marking the first instance of a German full-service bank obtaining such approval from national regulators, according to a Nov. 15 statement. The bank acquired licensing from the German Federal Financial Supervisory Authority and the European Central Bank, in line with Article 1 Section 1a Sentence 1 No…
-

Members of Congress urge revisions to Treasury’s ‘unworkable’ digital asset tax rules
[ad_1] Several American lawmakers voiced their concerns to the U.S. Treasury regarding a proposed taxation scheme for digital assets in a Nov. 15 letter, citing its potential to stifle innovation and adversely affect the digital asset ecosystem. The letter specifically concerns taxation rules advanced by the Treasury on Aug. 25. In today’s letter, lawmakers called…
-

Microsoft unveils new AI chip ‘Maia’ in collaboration with OpenAI
[ad_1] Microsoft has unveiled a new chip that is intended for use in artificial intelligence (AI) applications in a news post published on Nov. 15. The company said that it unveiled the chip, named the Azure Maia 100 AI Accelerator, at its Microsoft Ignite conference on the same day. It said that the Maia 100…
-

House digital assets subcommittee hears testimony on role of crypto in crime and illicit finance
[ad_1] The U.S. House Subcommittee on Digital Assets, Financial Technology, and Inclusion heard testimony today from a panel of experts in a hearing titled “Crypto Crime in Context: Breaking Down Illicit Activity in Digital Assets. The hearing aims to examine the nature and extent of criminal activities within the digital asset ecosystem, with testimonies from…
-

Lawmakers press Biden, Yellen for detailed report on crypto activity linked to Hamas
[ad_1] Several U.S. lawmakers have approached the Biden administration, requesting an investigation into the alleged use of cryptocurrency by terrorist groups. This request came in the form of a letter dated Nov. 15. The letter refers to earlier reports alleging that crypto wallets linked to Hamas and the Palestinian Islamic Jihad have received upwards of…
-

Tether, BitFinex victorious as court finalizes lawsuit dismissal
[ad_1] The court has finalized the dismissal of a class action lawsuit filed against BitFinex and Tether after the plaintiffs in the case — Matthew Anderson and Shawn Dolifka — elected not to appeal the dismissal ruling, according to a Nov. 15 press release. Tether and BitFinex issued a statement on the matter, saying the…
-

IMF managing director says CBDCs can replace cash, but urges public and private sector cooperation
[ad_1] The IMF believes that central bank digital currencies (CBDCs) have the potential to eventually supplant cash in the monetary system of the world, according to the watchdog’s managing director Kristalina Georgieva. Georgieva made the statement during a keynote address at the Singapore Fintech Festival on Nov. 15. Her speech highlighted the progress and challenges…
-

Record 70% of Bitcoin supply lies dormant for a year or more
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
-

Ethereum’s blue chip DeFi tokens poised for growth
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
-

Binance Japan to list 13 tokens new tokens in one of the world’s strictest crypto markets
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…