South African authorities will equate cryptocurrencies with financial products
Financial authorities in South Africa intend to equate digital currencies with financial products. The Financial Sector Supervisory Authority (FSCA) has already submitted a relevant regulation that will affect cryptocurrency service providers. For legal activity on the territory of the country, they will have to undergo compulsory registration.
Pantera Capital Names ‘Guilty’ Of Bitcoin Deficit
The launch of PayPal, a cryptocurrency service that allows customers to buy, sell and store digital currency directly from their accounts, has catalyzed the Bitcoin shortage, analysts at investment firm Pantera Capital say. The demand for the first cryptocurrency is also tracked in Square’s Cash App, which records the purchase of 40% of all issued bitcoins.
Xi Jinping to G20 participants: authorities’ attitude towards CBDC should be more friendly
President of the People’s Republic of China Xi Jinping called on the G20 participants to approach the adoption of digital instruments by central banks in a more friendly and open manner.
Grayscale Investments: Bitcoin is not a craze that will soon disappear
The strengthening of the rate of the first cryptocurrency is a consequence of the increased interest in the asset on the part of investors, says the head of Grayscale Investments, Michael Sonnenshine. He emphasizes that the current trend is not a temporary phenomenon that will soon disappear, but a confirmation of the resilience of this asset class.
Visa and Mastercard actively check issuers of their crypto cards
Payment giants Visa and Mastercard tightly control the card issuers involved in the cryptocurrency industry. Such companies must provide data on how to counter illegal activities and, in particular, fraud and money laundering through new financial instruments, before they are allowed to offer plastic to customers.
Citibank gave a forecast of Bitcoin growth to $ 318 thousand by the end of 2021
The head of the international bank CitiBank Tom Fitzpatrick called bitcoin “digital gold of the 21st century”, giving an optimistic forecast for the growth of the asset rate to $ 318,315 by the end of next year.
Crypto-regulatory legislation to appear in Kyrgyzstan
The authorities of the Republic of Kyrgyzstan announced the start of work on the creation of a regulatory framework that will regulate the cryptocurrency industry in the country.
Robert Bench: Privacy Critical in CBDC Development
State authorities involved in the development of national cryptocurrencies (CBDCs) should pay particular attention to confidentiality and identification. This was stated by the head of applied research at the Federal Reserve Bank of Boston, Robert Bench, speaking at a meeting of the Chamber of Digital Commerce.
US PayPal customers gain access to cryptocurrency
Residents of the United States of America who are customers of the PayPal payment system can now make transactions with cryptocurrencies. In particular, they have access to services for the purchase and sale of digital assets using the platform of understanding new exchange tools.
Bank of England: we will not protect financial institutions from digital currencies
The Bank of England does not intend to protect financial institutions from working with cryptocurrencies, said Deputy Governor John Cunliffe.

