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This third-party service, provided by Koinly, a global crypto tax service, „will enable Revolut customers to access our partner’s smart solution designed to simplify the tracking of information needed to generate tax reports from trading crypto and facilitate compliance with any tax obligations that may arise” – according to the press release.

Subiectul va fi dezbatut pe larg la conferinta internationala Banking40.ro, din 30 mai. Biletele au fost puse in vanzare. Parlamentul a aprobat joi primele reguli ale UE pentru urmărirea transferurilor de cripto-active, prevenirea spălării banilor, precum și reguli comune privind supravegherea și protecția clienților. Textul își propune să se asigure că transferurile cripto, așa cum este cazul oricărei alte operațiuni financiare, pot fi întotdeauna urmărite și tranzacțiile suspecte blocate.

Parliament endorsed the first EU rules to trace crypto-asset transfers, prevent money laundering, as well as common rules on supervision and customer protection.

Societe Generale–FORGE, a fully integrated and regulated subsidiary of Societe Generale group dedicated to digital assets, launches the EUR CoinVertible, a digital asset that purports to maintain a stable value (stablecoin). EUR CoinVertible is deployed in Euro denomination on the Ethereum public blockchain (ticker code: EURCV).

The Bank of Israel is preparing an action plan for the potential issuance of a digital shekel (SHAKED), despite the fact that a decision has not yet been made as to whether the Bank intends on doing so, according to a press release.

After reaching an all-time high of more than 39,100 in December 2022, the number of Bitcoin ATMs or crypto ATMs significantly dropped this year. According to data presented by BitcoinCasinos.com, almost 5,500 Bitcoin ATMs have been removed in the first quarter of 2023, with their total number falling to around 33,800 worldwide.

The BIS’s most recent CBDC survey, conducted in 2021, found that nine out of 10 central banks are now exploring CBDCs, with half developing or running concrete experiments. The survey also showed that more than two-thirds of central banks are likely to issue a retail CBDC in the short or medium term (within the next six years). The CBDC subject will be discussed at Banking 4.0 international blockchain conference.

The Central Bank of Montenegro (CBCG) has agreed to collaborate with the enterprise crypto and blockchain solutions provider Ripple „to develop a strategy and pilot program to launch the country’s first digital currency in the form of a Central Bank Digital Currency (CBDC) or national stable coin” – according to the press release.

The banking sector’s brief role in crypto markets has hit a serious roadblock following the dramatic downfall of two highly specialized tech banks, Silvergate and Signature Bank. As Crypto’s market penetration has grown to 29% globally, the fallout from the failure of supportive institutions will be widely felt, according to GlobalData, a leading data and analytics company.

Instagram will delete digital collection data in its system and will no longer be associated with third-party digital wallets.

Facebook and Instagram, the social media giants owned by Meta, have announced that they will be pulling the plug on digital collectibles or non-fungible tokens (NFTs) from April 11, 2023.