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LGT Bank of the House of Liechtenstein will provide customers with access to cryptocurrency transactions
Liechtenstein House private bank opens to clients access to digital currency transactions. LGT Bank plans to implement cryptocurrency custodial services and brokerage services in cooperation with the Swiss bank SEBA. Will the new digital euro protect user privacy?
The development of a new digital euro is accompanied by an active discussion of its privacy. There is a possibility that the ECB will choose a centralized solution for the renewed currency. Hence, there is an increasing awareness of the feasibility of such a choice and possible control of users’ costs. Singapore’s Crypto Business Law
With the new legislation that was approved by the parliament of Singapore, cryptocurrency and digital asset providers that operate their business overseas (yet are based in the city-state) will now be obliged to attain a license. Up until now, such companies did not face anti-money laundering regulations. The Sandbox Metaverse will cooperate with Standard Chartered Bank
The Hong Kong subsidiary branch of SCB has become a partner of “The Sandbox” metaverse. According to the bank’s management, they have already purchased a virtual piece of land in the virtual metropolis of the metaverse. This move has become innovative for the bank and is managed by the relevant division of “SC Ventures”. Four New Cryptocurrencies Launched on Robinhood Crypto
Robinhood Crypto platform has announced the addition of new cryptocurrencies. Users will now be able to buy and sell Shiba Inu (SHIB), Solana (SOL), Polygon (MATIC) and Compound (COMP). In the near future, it is also planned to add options such as loading wallets and withdrawing funds. FTX CEO will donate his fortune to charity
Sam Bankman-Fried, founder of investment firm Alameda Research and crypto exchange FTX, plans to donate 99% of his fortune to charity. According to the Bloomberg news agency, the youngest American billionaire will keep only 1% (at least $100,000) of his annual income for personal needs. He will direct the rest of the funds to the implementation of the goals that he considers worthy. Australia will penalize for unscrupulous advertising of crypto-exchanges
ASIC (Australian Securities and Investments Commission) stated that financiers who promote cryptocurrency projects can provoke people for reckless investment of assets. The country establishes liability for this. Influential people from the world of finance were warned about it by ASIC. A school in the UAE offers to pay for education with cryptocurrency
The Dubai-based Citizens School, starting in September 2022, offers to pay for education with cryptocurrency. It will be a pioneering school in the Middle East, providing parents with flexible payment options in both fiat and digital money. 










