Tag: 9948
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JPMorgan offers crypto trading services without direct asset custody
JPMorgan’s selective crypto entry reflects institutional caution about direct asset custody while expanding client access to digital currency markets through trading services.
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Kenya passes bill to regulate Bitcoin and cryptocurrencies
Kenya establishes legal framework for cryptocurrency oversight, signaling growing governmental recognition of digital assets and potential impacts on African fintech innovation.
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Trump Administration Narrows Federal Reserve Chair Search to Five Finalists
The Trump administration has narrowed its Federal Reserve chair selection to five candidates, indicating a critical decision point for US monetary policy direction and financial market stability.
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Bank of Russia to allow limited Bitcoin operations for banks
The Bank of Russia will permit limited Bitcoin operations for banks, signaling a cautious regulatory shift that may influence digital asset adoption in traditional finance.
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Russia central bank permits banks to engage in cryptocurrency operations with strict limits
Russia’s central bank will allow domestic banks to conduct cryptocurrency operations with strict limitations, reflecting evolving regulatory frameworks for digital assets in traditional finance.
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Nigeria imposes 15 percent cryptocurrency gains tax amid regulatory uncertainty
Nigeria’s new 15% crypto gains tax aims to generate revenue but faces criticism over regulatory ambiguity, potentially hindering market growth and investor confidence in Africa’s largest crypto economy.
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US lawmaker proposes making small Bitcoin purchases tax-free for consumers
This legislative effort seeks to reduce administrative burdens for retail cryptocurrency users while potentially increasing mainstream adoption through simplified tax treatment of minor transactions.
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John Williams supports additional Federal Reserve interest rate reductions this year
Federal Reserve Bank of New York President John Williams supports additional interest rate reductions, indicating continued monetary easing to address economic conditions and influence financial markets.
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Gemini launches locally registered Australian arm after AUSTRAC registration
Gemini expands into Australia with AUSTRAC registration, enhancing regulatory compliance and market access for digital asset services in the Asia-Pacific region.
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Largest US union federation opposes cryptocurrency bill over retirement fund risks
The AFL-CIO opposes the bill over retirement fund safety concerns, reflecting labor’s cautious stance on crypto integration and potential regulatory impacts on worker protections.
