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Tag: financial stability

Just-In : $3 Billion Crypto Mining Giant Core Scientific to Officially List on Nasdaq

Bitcoin mining firm, Core Scientific, has officially gone public. The blockchain infrastructure firm debuted on the Nasdaq stock exchange yesterday January 20 with the tickers “CORZ” and “CORZW” for its shares and warrants respectively. The announcement came after Core Scientific completed a merger with Power & Digital Infrastructure Acquisition Corp. (“XPDI”) through a SPAC. Net

The post Just-In : $3 Billion Crypto Mining Giant Core Scientific to Officially List on Nasdaq appeared first on CoinGape.

Market Analysis Report (21 Jan 2022)

Bank of Russia Proposes Ban on Crypto Mining & Trading | Robinhood’s Crypto Wallet Beta Is Live | Solo Ethereum Miner Receives 168 ETH Block Reward

Over 6 Billion Rubles Withdrawn from Binance After the Renewed Rumors about Cryptocurrency Ban

An unknown investor withdrew over 6 billion rubles ($83 million) in USDT from one's Binance wallet on January 20. The transaction coincided with the renewed rumors about the ban of cryptocurrencies in Russia and the news about the test of the digital ruble.

Digital Dollar’s Benefits Could Affect Financial Stability & Privacy: US Fed


The US Federal Reserve said that the introduction of an official digital version of the US dollar could benefit Americans but it may also potentially affect financial stability and privacy. (Read More)

Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining

Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, MiningTrue to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation paper published by the regulator cites threats to financial stability and citizens’ wellbeing among the main reasons for the proposed restrictions. Russia’s Central […]

Central Bank of Russia Intends to Ban Crypto Mining and Activities


The Central Bank of Russia is going on the offensive in relation to the digital currency ecosystem in the country as the apex bank is calling for a blanket ban on crypto-related activities. (Read More)

Global bond yields slide as stocks rebound, US data, bitcoin rallies

US stocks breathed a tentative sigh of relief now that the bond market selloff appears to be taking a break.  In just a few weeks, Wall Street has gone from pricing in a gradual tightening of policy to a hurry-up offense that could deliver 4 to 5 rate hikes this year and a balance sheet […]

Federal Reserve publishes long-awaited central bank digital currency report

The US Fed's long-awaited report on central bank digital currencies dropped Thursday afternoon.

The post Federal Reserve publishes long-awaited central bank digital currency report appeared first on The Block.

Russia’s Central Bank Proposes Ban on the Use and Mining of Crypto

On Thursday January 20, the Bank of Russia published a report that proposes ban of the use and mining of cryptocurrencies within Russian territory.

Russia’s central bank calls for blanket crypto ban

The Bank of Russia wants the government to ban crypto in its entirety, including trading, investments, and mining activities.

The post Russia’s central bank calls for blanket crypto ban appeared first on The Block.

Big Four Accounting Firm Says Financial Institutions Need Regulatory Clarity on Crypto To Remain Competitive

Ernst & Young, one of the world’s leading accounting institutions, says that financial services firms must learn how to navigate the regulatory issues in the crypto markets to remain competitive. In a new wide-ranging report about the 2022 global regulatory outlook, the firm discusses how the recent growth of digital assets and big tech companies […]

The post Big Four Accounting Firm Says Financial Institutions Need Regulatory Clarity on Crypto To Remain Competitive appeared first on The Daily Hodl.

House of Lords committee says UK digital pound is “solution in search of a problem”

The Economic Affairs Committee cited financial, privacy and data concerns over UK CBDC.

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