Italy and South Korea have recently signed a memorandum of understanding (MoU) to collaborate on the development and deployment of Central Bank Digital Currencies (CBDCs). The focus of this partnership is on sharing knowledge and information related to real-time settlement systems and CBDCs, particularly in the field of information and communication technology (ICT). Both countries […]
Italy and South Korea have recently signed a memorandum of understanding (MoU) to collaborate on the development and deployment of Central Bank Digital Currencies (CBDCs). The focus of this partnership is on sharing knowledge and information related to real-time settlement systems and CBDCs, particularly in the field of information and communication technology (ICT). Both countries […]
Societe Generale, one of France’s largest banks, has made history by issuing the first-ever digital green bond on the Ethereum blockchain. The bond, valued at 10 million euros, was registered as a Security Token and offers transparency and traceability of its carbon footprint through a smart contract. The net proceeds from the bond will be […]
Societe Generale, one of France’s largest banks, has made history by issuing the first-ever digital green bond on the Ethereum blockchain. The bond, valued at 10 million euros, was registered as a Security Token and offers transparency and traceability of its carbon footprint through a smart contract. The net proceeds from the bond will be […]
A senior U.S. regulator has suggested that the recent $4.3 billion settlement with Binance could mark a turning point in the regulation of cryptocurrency firms. The settlement, which was for violating anti-money laundering and sanctions laws, may serve as a model for the industry. CFTC Commissioner Kristin Johnson expressed her hope that this case would […]
A senior U.S. regulator has suggested that the recent $4.3 billion settlement with Binance could mark a turning point in the regulation of cryptocurrency firms. The settlement, which was for violating anti-money laundering and sanctions laws, may serve as a model for the industry. CFTC Commissioner Kristin Johnson expressed her hope that this case would […]
Lugano, a city in Switzerland, has expanded its payment options for taxes and community fees to include cryptocurrencies such as Bitcoin (BTC) and Tether’s USDT stablecoin. This new initiative allows citizens and institutions to settle invoices issued by the city using these digital currencies. Previously, crypto payments in Lugano were limited to transactions made on […]
Lugano, a city in Switzerland, has expanded its payment options for taxes and community fees to include cryptocurrencies such as Bitcoin (BTC) and Tether’s USDT stablecoin. This new initiative allows citizens and institutions to settle invoices issued by the city using these digital currencies. Previously, crypto payments in Lugano were limited to transactions made on […]
The long-standing tax dispute between the US and Swiss banks has finally come to an end after more than 15 years. Pictet, a private bank based in Geneva, has become the last major financial institution to admit to helping US clients hide their money from the tax authorities. According to the US Department of Justice, […]
The long-standing tax dispute between the US and Swiss banks has finally come to an end after more than 15 years. Pictet, a private bank based in Geneva, has become the last major financial institution to admit to helping US clients hide their money from the tax authorities. According to the US Department of Justice, […]
