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...

BLACKROCK CEO PUSHES FOR BITCOIN ACCESSIBILITY, DESCRIBING IT AS AN “INTERNATIONAL ASSET” |1300 HKT | 0600 UKT | 7 July 2023

by Александр Пирогов | Jul 10, 2023 | Blog News

BlackRock CEO Larry Fink recently stated the firm’s intention to make Bitcoin more accessible and affordable. Characterising Bitcoin as an “international asset”, Fink highlighted the current high expense to transact Bitcoin. BlackRock filed an application to launch a...

BITCOIN REACHES 13-MONTH HIGH, FUELED BY BLACKROCK’S BITCOIN ETF FILING |1300 HKT | 0600 UKT | 7 July 2023

by Александр Пирогов | Jul 10, 2023 | Blog News

Bitcoin experienced a surge on 6 July, climbing 3.28% to reach a 13-month peak of $31,500. The rise in Bitcoin price is fueled by the asset management giant BlackRock’s plans to launch a US-listed spot bitcoin exchange-traded fund (ETF). Nasdaq refiled BlackRock’s ETF...

BITGETX JOINS HONG KONG VIRTUAL ASSET CONSORTIUM, REITERATING ITS AIM TO OBTAIN A VASP LICENCE |1300 HKT | 0600 UKT | 6 July 2023

by Александр Пирогов | Jul 6, 2023 | Blog News

Crypto exchange BitgetX has become a member of the Hong Kong Virtual Asset Consortium (HKVAC), a platform offering ratings and indexes for cryptocurrencies. Fiona Fan, founding member of HKVAC, welcomed the move and said both parties have common objectives to promote...