digital / 11 posts found
Do digital assets play a role in illicit finance? US Treasury asks for public feedback
Home » Business » Do digital assets play a role in illicit finance? US Treasury asks for public feedback What role do digital assets play in illicit finance? Can the U.S. Treasury Department and other regulators play a bigger role in protecting digital asset investors? Are the current regulations still fit for purpose in the Bitcoin sector? These are among the questions the Treasury poses to the public in its latest “request for comment.” Titled “Ensuring Responsible Development of Digital Assets; Request for Comment,” it was published this week and wants public feedback on illicit finance, consumer protections, promotion of innovation, […]
Brazilian Digital Banking Giant Partners With Paxos to Offer Crypto Services
São Paulo-based Nubank, Latin America’s largest digital bank, has signed a partnership deal with blockchain infrastructure platform Paxos to support cryptocurrency trading services within its banking app. Nubank Supports Direct Bitcoin and Ether Trading In a press release on Wednesday (May 11, 2022), Nubank said its customers will be able to buy, sell, and hold bitcoin and ether directly via the banking app, with crypto purchases starting from $0.20. (1 BRL). According to the announcement, Nubank’s new service seeks to offer a simple and seamless cryptocurrency experience for its users. The co-founder and CEO of Nubank, David Vélez, said: “There […]
