Monat: Januar 2023

• The Bank of Ghana has opened an application process to admit the first cohort of participants into its regulatory sandbox. • The sandbox will support innovations that include new digital business models not currently covered by any regulation, as well as innovations that attempt to solve the financial exclusion challenge. • The application window will open on Feb. 13 and close on March 14. The Bank of Ghana (BOG) recently announced that it is inviting financial innovators to apply for admission into its regulatory sandbox. The central bank said that this process would open on February 13th and close … Apply to Bank of Ghana Regulatory Sandbox – Accelerate Financial Inclusion! weiterlesen

• This article looks at five centralized crypto exchanges that publish proof-of-reserve lists, which provide insight into large cryptocurrency holdings. • Binance, OKEx, Crypto.com, Bitfinex, and Huobi are the five exchanges that are examined. • These proof-of-reserve lists have led to criticism from the crypto industry, but they still provide some insight into the large sums of cryptocurrency held in custody by major exchanges. The crypto industry is no stranger to controversy, as the once secluded blockchain world has now become a major talking point in mainstream financial markets. After the collapse of FTX, a crypto derivatives exchange, the incident … Unveiling the Crypto Giants: Examining 5 Major Exchanges‘ Proof-of-Reserve Lists weiterlesen

• The Ukrainian financial watchdog has blocked access to a number of Russian crypto exchangers. • The platforms are associated with sanctioned Russian banks and wallets. • The watchdog has introduced a mechanism for blocking crypto wallets of the Russian Federation. Ukraine’s financial intelligence agency has recently taken action to protect its citizens from the aggression of the Russian Federation in the virtual assets market. In a report published this week, the State Financial Monitoring Service (SFMS) revealed that its employees have joined forces with colleagues from the Ministry of Digital Transformation and leading Ukrainian crypto experts to identify Russian … Ukrainian Financial Watchdog Blocks Access to Russian Crypto Exchangers weiterlesen