OMGFIN Daily News

Crypto retail trading should be regulated as gambling: UK lawmakers
The volatility and aimed lack of intrinsic worth of utmost crypto assets make them particularly threatening to consumers, the politicians claimed. The tr...
Wed, 17 May, 2023 at 4:56 AM
Indonesia Introducing New National Payment System to Protect Against 'Geopolitical Consequences'
Indonesia is presenting a new national payment system as the country furthers its de-dollarization efforts and protection against “ possible geopolitical co...
Wed, 17 May, 2023 at 4:58 AM
South Korean prime minister calls for disclosure of crypto holdings by high-ranking officials
Prime Minister Han Deok-soo reportedly believes that containing cryptocurrency in property, registration is the exact thing to do. South Korean Prime Min...
Thu, 18 May, 2023 at 12:42 AM
EU Council Adopts New Rules for Europe’s Crypto Markets
The Council of the European Union has presented its ultimate approval of new regulations for crypto assets and markets in the EU. The decision completes a l...
Thu, 18 May, 2023 at 5:43 AM
Australia marks first FX transaction using a CBDC as eAUD pilot continues
The Australian digital dollar was utilized in a trade for a U.S. dollar stablecoin utilizing an Ethereum layer 2 blockchains.  Australia has successfully...
Thu, 18 May, 2023 at 5:43 AM
US House stablecoin hearing focuses on competing bills for regulation
The answer to the question of what position stablecoin issuers are regulated on “ need not be binary, ” one witness spoke.  State versus federal rule was ...
Fri, 19 May, 2023 at 1:21 AM
IMF sees room for eNaira improvement in first year assessment
The world’s second-ever CBDC has yet to reach 1% of Nigeria’s population, according to the IMF assessment. Nigeria’s eNaira central bank digital curre...
Fri, 19 May, 2023 at 3:48 AM
Australian ‘Big 4’ bank begins trial for cryptocurrency payment blocks
One of Australia’s Big Four banks published efforts to battle crypto fraud activities aimed at degrading losses from scams. Westpac, one of Australia’s ’ B...
Fri, 19 May, 2023 at 7:35 AM
Robert Kennedy Jr. to Accept BTC for Campaign Contributions, Says Bitcoin Is an 'Exercise in Democracy'
Before taking the stage at the Bitcoin 2023 convocation in Miami,U.S. presidential hopeful Robert F. Kennedy Jr. emphasized the democratic nature of bitcoin...
Sat, 20 May, 2023 at 12:28 AM
Texas proof-of-reserve bill passes through the Senate
The legislation would oblige exchanges to maintain reserves “ in a quantum sufficient to fulfill all obligations to customers. ” Legislation that coul...
Sat, 20 May, 2023 at 2:07 AM