MONEY

According to Bank of America Merrill Lynch (BofA), for the seven days ending December 12, investors sold off stock holdings at the second-highest rate in history.
Ohio State Treasurer Josh Mandel made history on November 26 with the announcement that Ohio is the first state in the U.S. to accept tax payments made in cryptocurrency.
Coinsuper, a global cryptocurrency exchange based in Hong Kong, just announced a strategic partnership with CASH Financial Services Group's crypto currency trading arm, Weever Fintech.
South Korean crypto exchange Bithumb has partnered with Qoo10, a major e-Commerce provider based in Japan, to accept cryptocurrency payments using the Bithumb Cache exchange payments system.
Luxembourg-based Bitstamp, the 27th highest volume cryptocurrency exchange in the world, was just acquired by NXMH, a Belgium-based investment company.
The oldest venture capital firm in and around Singapore just made a major investment in Binance, which calls itself the “world’s largest crypto-currency [exchange] by daily trade volume”.
SEBA Crypto AG, a new cryptocurrency bank, was launched last month with 100 million Swiss francs ($103 million) backing it and the guidance of two former UBS bankers to lead it.
A high-level committee of tax experts in Japan are working to simplify the cryptocurrency tax filing process there, with the goal of increasing tax payment compliance in the country.
Fidelity Investments, one of the largest fund management companies with over $7.2 trillion in client assets, has launched a new company, Fidelity Digital Asset Services, LLC, with a focus on enterprise-level custody and trade execution services for cryptocurrencies.
Mastercard and U.S. financial institution defendants have recently agreed to pay a sum of $6.2 billion to settle a multidistrict litigation of credit-card interchange or swipe fees filed by a class of U.S. retailers in 2005.
The U.S. Securities and Exchange Commission just opened a new portal to connect with companies having questions regarding all sorts of FinTech issues.
The outgoing chairman of Hong Kong’s Securities and Futures Commission said it needs to work to regulate – not ban – cryptocurrencies.
In its latest World Economic Outlook report distributed on October 10, the International Monetary Fund expressed concerns cryptocurrencies could weaken the world financial system.
Smart Dubai, a UAE government enterprise, recently announced it will be integrating blockchain into the country’s $3 billion digital payment platform, DubaiPay.
The Federal Reserve Board just announced it was raising interest rates, with the warning that it will probably be doing so again soon.
The U.S. Internal Revenue Service and central tax authorities from the United Kingdom, Canada, Australia and the Netherlands have come together to minimize how much cryptocurrencies are being used commit crimes and evade taxes.
President Mauricio Macri and other officials have been indicted on criminal charges for their role in accepting a US $50 billion standby loan from the International Monetary Fund, without authorization from Congress.
Prime Minister Modi’s announcement to remove all 500-rupee and 1,000 rupee notes as an anti-crime move ended up mostly destabilizing the country’s cash-dependent ‘informal economy’.
The World Bank just launched an $80 million worldwide R&D experiment that could change forever the way money is managed.
The International Digital Monetary Council (IDMC), a non-profit think-tank, is making good progress on developing the policy and regulatory framework for regional centrally managed digital currencies such as the AMERO.
The AMERO payment system is now fully functional and AMERO transactions are taking place.
The AMERO people's digital currency has been temporarily delayed due to highly sophisticated fraud in vendor registrations.