OMGFIN Daily News

UK pushes crypto efforts forward through financial services reforms
The reforms include regulating stablecoins as a means of payment and creating a sandbox where firms and regulators can test new financial technologies.  ...
Mon, 12 Dec, 2022 at 1:03 AM
Approach with caution: US banking regulator’s crypto warning
The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management.  ...
Mon, 12 Dec, 2022 at 4:54 AM
Bank of England opens applications for 'proof of concept' CBDC wallet
The central bank is budgeting nearly $255,000 to develop a central bank digital currency sample wallet that could execute basic features like transactions a...
Tue, 13 Dec, 2022 at 1:47 AM
13% of Americans have now held crypto: JPMorgan research
The JPMorgan report is based on a study of cash transfers from banks to crypto accounts for over 5 million customers. Around 13% of the yank populatio...
Tue, 13 Dec, 2022 at 2:31 AM
Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported
The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants th...
Wed, 14 Dec, 2022 at 1:06 AM
Gamers are more interested in earning Bitcoin than NFTs: Survey
The study found that compared to NFTs, five times more respondents are interested in earning Bitcoin while playing games. While some gamers are aga...
Wed, 14 Dec, 2022 at 4:10 AM
Argentina Organizes National Blockchain Committee to Implement State Level Strategy
The government of Argentina has designated a national blockchain committee in order to establish the directives for a state-level blockchain adoption strate...
Thu, 15 Dec, 2022 at 3:51 AM
Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision come...
Thu, 15 Dec, 2022 at 4:15 AM
Time for Serious Global Crypto Regulation, Germany Says
Germany’s financial watchdog has issued a call for global regulation of the crypto industry in the aftermath of the FTX collapse. The hands-off approach was...
Fri, 16 Dec, 2022 at 1:57 AM
New York State issues guidance for banks seeking to engage in activities with crypto
The state, a notoriously demanding regulator of the industry, has released detailed guidelines for banks’ crypto activities — and some licensed banks may ha...
Fri, 16 Dec, 2022 at 4:09 AM