Standard Chartered Bank Re-focuses On $500,000 Bitcoin Target After Trump Crypto Reserve Announcement

Standard Chartered Bank Re-focuses On $500,000 Bitcoin Target After Trump Crypto Reserve Announcement

Only one day after the President of the United States Donald Trump announced that Bitcoin will be “at the heart” of a national cryptocurrency reserve, the person responsible for the research of digital activities of Banca Chartered, Geoff Kendrick, said to re-focus its Bitcoin price objective “from $ 500,000”. Breaking: 🇺🇸 President Trump says that … Read more

President Trump Signs Executive Order To Ban Central Bank Digital Currencies (CBDC)

President Trump Signs Executive Order To Ban Central Bank Digital Currencies (CBDC)

Today, the president of the United States Donald Trump has signed an executive order (EO) relating to Bitcoin and cryptocurrency, entitled “strengthening American leadership in digital financial technology”. This EO has officially prohibited the creation and issue of a digital currency of the Central Bank (CBDC) in the United States, defining a CBDC as “a … Read more

Portugal’s Major Bank Blocks Fiat Payments To Crypto Platforms

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Portuguese Banco de Investimentos Globais (BiG). blocked fiat transfers to crypto platforms. BiG cited ECB guidelines on “risks associated with virtual assets”. The decision has raised concerns among cryptocurrency enthusiasts and businesses. With these developments, can Portugal still be considered a cryptocurrency paradise? Explore: Portugal could become home to major Bull Run winners with new … Read more

Swiss Central Bank Faces Growing Calls To Hold Bitcoin Reserves

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The Swiss National Bank (SNB) is facing increasing pressure to include Bitcoin (BTC) in its foreign exchange reserves. If the initiative calls for it “For a Fiscally Strong, Sovereign and Responsible Switzerland (Bitcoin Initiative)” Collect 100,00 signatures within 18 months starting December 31, 2024, and will be put to a public vote. The Swiss National … Read more

Bank Of England’s Regulator Asks Businesses To Declare Exposure To Crypto By March 2025

Bank Of England’s Regulator Asks Businesses To Declare Exposure To Crypto By March 2025

The Bank of England’s regulatory department has called on companies to disclose their current and expected exposures to crypto assets by March 2025. The move, announced by the Prudential Regulation Authority (PRA) on December 12, 2024, will collect data critical to shaping cryptocurrency regulatory policies and monitoring the integration of digital assets within the financial … Read more

European Central Bank Advances Digital Euro Initiative With Strategic Milestones

European Central Bank Advances Digital Euro Initiative With Strategic Milestones

The European Central Bank (ECB) is moving forward with plans to introduce a digital euro, with the aim of reducing its dependence on the US dollar. According to the December 2, 2024 report, the ECB has identified new strategies and collaborations to improve its digital currency, with a focus on strengthening Europe’s payment infrastructure and … Read more