Search results for: #Finance

News | 1 day ago
2 minutes read
UAE Develops New AML Rules for Cooperation with Crypto Companies

Licensed financial institutions (LFI) willing to work with crypto companies in the UAE will be required to obtain special permission from the Central Bank of the United Arab Emirates (CBUAE) […]

Author: CoinsPaid Media Editor
News | 2 days ago
< 1 minutes read
European Financial Companies Actively Expanding Blockchain Compliance Workers 

Competition for blockchain compliance specialists has increased among European financial institutions catering to cryptocurrency companies. The demand for other Web3 specialists is also growing. In Europe, FinTech companies related to […]

Author: CoinsPaid Media Editor
News | 1 week ago
2 minutes read
Activity of Crypto Companies Continues to Rise in Hong Kong 

Mainland Chinese authorities talked about crypto adoption in Hong Kong on national television. Approximately 1 billion people watched the broadcast. Amid this backdrop, large companies are actively promoting the development […]

Author: CoinsPaid Media Editor
News | 1 week ago
< 1 minutes read
Global Regulator Urges No Distinction Between Crypto and Traditional Finance

The International Organization of Securities Commissions (IOSCO) released a set of global regulatory recommendations related to crypto regulation. The IOSCO’s Fintech Task Force presented a report outlining key legislative and […]

Author: CoinsPaid Media Editor
News | 2 weeks ago
< 1 minutes read
DLT Could Save TradFi Firms $100 Billion Annually 

Distributed ledger technology (DLT) in traditional financial markets could yield significant benefits. The potential savings could reach $100 billion annually. According to a joint report by the Global Financial Markets […]

Author: CoinsPaid Media Editor
News | 2 weeks ago
3 minutes read
European Council Requires Additional Reporting of Crypto-Asset Transactions

The European Council adopted an updated DAC8 tax directive that expands reporting requirements for crypto-asset transfers. The new rules come immediately after EU Finance Ministers voted unanimously to pass the […]

Author: CoinsPaid Media Editor
News | 2 weeks ago
2 minutes read
Bitcoin Ranks Among Top 3 Assets for Financial Risk Hedging

The first cryptocurrency became the preferred asset for hedging risks in case of a possible U.S. default, along with gold and treasuries, ahead of the U.S. dollar, the Japanese yen, […]

Author: CoinsPaid Media Editor
News | 2 weeks ago
2 minutes read
G7 Officials Insist on Disclosure of Crypto User Data

The G7 held a meeting in Japan to discuss the role of central bank digital currencies (CBDC) and crypto regulation in the global economy. In particular, officials supported the controversial […]

Author: CoinsPaid Media Editor
News | 3 weeks ago
2 minutes read
Worldcoin Plans to Raise $100 Million in Development Funding

Worldcoin, the “global” cryptocurrency project (WDC), could soon receive an additional $100 million in funding, with the project’s blockchain network scheduled to launch within six weeks. OpenAI CEO, Sam Altman, […]

Author: CoinsPaid Media Editor
News | 3 weeks ago
2 minutes read
Digital Asset Starts Blockchain Network for Major Financial Corporations 

The Canton Network project will create a “network of networks,” uniting previously siloed systems in financial markets under a single infrastructure. Several major corporations such as Goldman Sachs, BNP Paribas, […]

Author: CoinsPaid Media Editor