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Flexi Group
Feb 3, 20221 min read
India's central bank digital currency directive... 30% tax on cryptocurrency
While imposing new taxes on crypto assets, the Indian government has directed the central bank to start developing a central bank digital...
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Flexi Group
Feb 2, 20222 min read
European Banking Authority introduces a central 'Amber List' database for AML– 'EuReCA' ...
The European Banking Authority has launched a central database for anti-money laundering and counter-terrorist financing (AML/CFT) that...
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Flexi Group
Feb 1, 20221 min read
Despite the impending ban, a major cryptocurrency exchange is considering expanding into Russia
Binance claims that the move will help it grow. Despite a proposed crypto ban in Russia, Binance, the world's largest cryptocurrency...
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Flexi Group
Jan 31, 20222 min read
Putin backs cryptocurrency regulation and taxation.
The Central Bank of Russia says banks and other market participants pose a serious threat to the financial system's balance. Despite a...
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Flexi Group
Jan 31, 20221 min read
Binance freezes nearly 300 Nigerian accounts in compliance with AML regulations
A troubled crypto exchange Binance has announced the freezing of 281 Nigerian personal accounts for anti-money laundering purposes....
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Flexi Group
Jan 25, 20221 min read
The Russian Central Bank has called for a complete ban on cryptocurrencies
The Bank of Russia has called for a complete ban on cryptocurrencies in Russia, stating high volatility and "proliferation of fraud" as...
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Flexi Group
Jan 24, 20224 min read
Strip clubs and fraud: the trial of an unconventional Swiss banker
One of the biggest fraud trials in Swiss financial history is about to get underway. Pierin Vincenz, former CEO of Swiss bank Raiffeisen,...
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Flexi Group
Jan 20, 20222 min read
Why the European Union will ban cryptocurrency mining?
In a recent interview, Erik Thedéen, vice-president of the European Securities and Markets Authority, stated that bitcoin mining had...
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Flexi Group
Jan 18, 20221 min read
The United Kingdom will strengthen crypto advertising regulations in order to "improve consumer safe
The United Kingdom government has announced intentions to tighten regulations on cryptocurrency advertisements in an effort to "protect...
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Flexi Group
Jan 16, 20222 min read
Following allegations that they 'misled investors,' reality star Kim Kardashian and boxer Floyd Mayw
A lawsuit has been filed against reality TV star Kim Kardashian and former boxing champion Floyd Mayweather, alleging that they "misled"...
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Flexi Group
Jan 13, 20222 min read
Bitcoin's gold rival, according to Goldman Sachs, could soar to $100,000 as crypto prices plummet
According to Goldman Sachs analyst Zach Pandl in a research briefing note, Bitcoin's price could reach $100,000 in four years if more...
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Flexi Group
Jan 10, 20221 min read
PayPal's stablecoin is on the way.
As the company expands its cryptocurrency activities, PayPal (PYPL) is considering launching its own stablecoin. PayPal Curv, according...
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Flexi Group
Jan 7, 20222 min read
Apple: The first company to reach a $3 trillion market value
Apple has become the first company to reach a stock market capitalisation of $3 trillion (£2.2 trillion). Since co-founder and former CEO...
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Flexi Group
Jan 7, 20223 min read
The ten most emerging cryptocurrencies that can dethrone Bitcoin in 2022
In 2021 we saw top digital assets not only grow rapidly but also yield satisfactory results. In 2021 we saw top digital assets not only...
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Flexi Group
Jan 3, 20222 min read
Only 17% of businesses in Cyprus sell online
In Cyprus, 17 percent of businesses sold online (at least 1% of total revenue), slightly less than the EU average of 22%. From the...
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Flexi Group
Jan 3, 20222 min read
Santander: In a Christmas blunder, the bank pays out £130 million.
On Christmas morning, tens of thousands of people received a surprise from an unexpected benefactor: Santander. On December 25, the bank...
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Flexi Group
Jan 3, 20221 min read
Euribor controls cost Deutsche Bank nearly $10 million in fines.
Deutsche Bank has been fined nearly $10 million by the German financial regulator BaFin for controls related to the Euribor interest...
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Flexi Group
Jan 3, 20222 min read
Revolut to bring Google Pay to Junior customers
Revolut, the financial superapp with more than 18 million customers worldwide, today announced that it will bring Google Pay to Revolut...
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Flexi Group
Jan 3, 20221 min read
eToro expands crypto offering with Celo and The Sandbox
Social investment platform, eToro, has just announced the addition of two assets to its crypto offering: The Sandbox and Celo. This...
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Flexi Group
Jan 3, 20221 min read
Japanese firm launches crypto asset fund
Tokyo-based financial services company SBI Group has launched a crypto asset fund comprising seven different cryptocurrencies. According...
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