Dear community,

Due to the new regulatory environment your account has to be re-created from scratch. It was a tough decision for us, but we promise the benefits will outweigh the hassle!

You are welcome to proceed through a new onboarding procedure here. Once your account is approved, please access the Sellback interface here or via STASIS Stablecoin Wallet.

Important!

Please note that email you have previously registered with cannot be used to access the Sellback Service! Your transaction history will be deleted along with the closure of the Gozo legal entity in Malta.

We have tried our best to…


Regulation and monetary policy

Institutional adoption underscores urgency of clear crypto rules, says Hester Peirce

https://cointelegraph.com/news/institutional-adoption-underscores-urgency-of-clear-crypto-rules-says-hester-pierce?utm_source=Telegram&utm_medium=social

Regulatory clarity in the crypto industry is needed now more than ever, per one official.

Russian Duma prepares bill on cryptocurrency taxation

https://cointelegraph.com/news/russian-duma-prepares-bill-on-cryptocurrency-taxation?utm_source=Telegram&utm_medium=social

The Russian State Duma will consider a new bill on cryptocurrency taxation on Feb. 17.

Dubai-based licensing company adopts cryptocurrency payments

https://cointelegraph.com/news/dubai-based-licensing-company-adopts-cryptocurrency-payments?utm_source=Telegram&utm_medium=social

Kiklabb has become the first state-owned entity in the United Arab Emirates to accept cryptocurrency payments.

Sweden extends digital krona digital currency pilot until 2022

https://cointelegraph.com/news/sweden-extends-digital-krona-digital-currency-pilot-until-2022?utm_source=Telegram&utm_medium=social


Regulation and monetary policy

ECB leader floats 3K threshold for digital euro holdings

https://cointelegraph.com/news/ecb-leader-floats-3k-threshold-for-digital-euro-holdings?utm_source=Telegram&utm_medium=social
The central bank said it will reach a decision on releasing a digital euro “towards the middle of 2021.”

Estonia’s crypto honeymoon at an end as stricter regulations loom

https://cointelegraph.com/news/estonia-s-crypto-honeymoon-at-an-end-as-stricter-regulations-loom?utm_source=Telegram&utm_medium=social

After revoking licenses for many crypto firms, Estonia’s parliament is considering even stricter cryptocurrency laws.

Central Bank of Nigeria bans banks from servicing crypto exchanges

https://cointelegraph.com/news/central-bank-of-nigeria-bans-banks-from-servicing-crypto-exchanges?utm_source=Telegram&utm_medium=social

Nigeria’s central bank has prohibited commercial banks from providing account services to crypto exchanges.

Crypto custodian Protego gets national charter from the OCC

https://cointelegraph.com/news/crypto-custodian-protego-gets-national-charter-from-the-occ?utm_source=Telegram&utm_medium=social


Regulation and monetary policy

New York authorizes first Yen stablecoin operator in the US

https://cointelegraph.com/news/new-york-authorizes-first-yen-stablecoin-operator-in-the-us?utm_source=Telegram&utm_medium=social

Japanese firm GMO will now be able to offer Yen- and dollar-pegged stablecoins to the public in New York.

Ukraine taps Stellar to develop digital asset infrastructure, including CBDC framework

https://cointelegraph.com/news/ukraine-taps-stellar-to-develop-digital-asset-infrastructure-including-cbdc-framework?utm_source=Telegram&utm_medium=social

Stellar’s development arm will work with the Ukrainian government on several digital asset initiatives.

OCC greenlights national banks to run nodes and stablecoin networks

https://cointelegraph.com/news/occ-greenlights-national-banks-to-run-nodes-and-stablecoin-networks?utm_source=Telegram&utm_medium=social

The latest from the Treasury’s most crypto-forward office says that national banks don’t have to fear stablecoin nodes.

Kyrgyzstan’s central bank opens up crypto draft laws to public discussion


You asked us — and we’ve delivered it! Here’s the holiday present for all our clients: enjoy more benefits with greater transparency!

We celebrate the next step of STASIS company development due to relocating our official payment provider to Switzerland. This country is a well-recognized leader in many fields, a hub for the best startups, fintech, and cryptocurrency companies.

Since January 2021, SCB AG will become an official provider of the STASIS Sellback service. No hassle involved! What does it mean for our users? …


We all anticipate miracles on holidays. How about another one?

EURS is the largest euro-backed stablecoin and top non-USD asset today. It’s a definition of stability in the volatile crypto market, but holding and transacting with our coin is not the only use case. You can actually earn on it. What’s the catch?

With the advent of cryptocurrency markets and services, more opportunities to generate yield on assets arose. Provide your EURS to different CeFi and DeFi platforms that support our stablecoin and earn substantial APY on your euro-backed stablecoins!

At the moment, you can get up to triple-digit annual…


Regulation and monetary policy

Italian Banca Generali to debut crypto services next year

https://cointelegraph.com/news/italian-banca-generali-to-debut-crypto-services-next-year?utm_source=Telegram&utm_medium=social

Banca Generali will introduce crypto to its customers in 2021 following a partnership with an Italian custody service provider.

France Approves New Cryptocurrency Measures to Fight Anonymous Transactions

https://news.bitcoin.com/france-new-cryptocurrency-measures-fight-anonymous-transactions/

The French council of ministers has approved a series of new measures to combat the anonymity of cryptocurrency transactions. Anonymous accounts are banned at crypto exchanges which must now impose stricter know-your-customer requirements. France’s Finance Minister Bruno Le Maire says the changes are necessary to fight against terrorism financing.

Malta’s ‘blockchain island’ strategy falters as banks refuse to play ball

https://cointelegraph.com/news/malta-s-blockchain-island-strategy-falters-as-banks-refuse-to-play-ball?utm_source=Telegram&utm_medium=social


Regulation and monetary policy

Consideration phase for digital euro to go well into 2021, says ECB exec

https://cointelegraph.com/news/consideration-phase-for-digital-euro-to-go-well-into-2021-says-ecb-exec?utm_source=Telegram&utm_medium=social

The decision on how to launch a digital euro could still be a long time coming.

Congresspeople speak out against Tlaib’s anti-stablecoin bill

https://cointelegraph.com/news/congresspeople-speak-out-against-tlaib-s-anti-stablecoin-bill?utm_source=Telegram&utm_medium=social

But the bill is unlikely to become law any time soon.

German bank launches crypto fund covering portfolio of digital assets

https://cointelegraph.com/news/german-bank-launches-crypto-fund-covering-portfolio-of-digital-assets?utm_source=Telegram&utm_medium=social

Hauck & Aufhäuser’s Digital Asset Fund I will reportedly cover 85% of the total crypto asset market.

Digital ruble will undercut bank profits but help businesses: Bank of Russia

https://cointelegraph.com/news/digital-ruble-will-undercut-bank-profits-but-help-businesses-bank-of-russia?utm_source=Telegram&utm_medium=social


Regulation and monetary policy

Canada could launch CBDC sooner than expected, central bank exec says

https://cointelegraph.com/news/canada-could-launch-cbdc-sooner-than-expected-central-bank-exec-says?utm_source=Telegram&utm_medium=social

COVID-19 could force the Bank of Canada to launch a CBDC sooner than previously expected.

CySEC issues first cryptocurrency regulations

https://cyprus-mail.com/2020/12/02/cysec-issues-first-cryptocurrency-regulations/

The Cyprus Securities and Exchange Commission (CySEC) last week issued its first regulations regarding cryptocurrency.

US lawmakers seek to make stablecoins illegal without federal approval

https://cointelegraph.com/news/us-lawmakers-seek-to-make-stablecoins-illegal-without-federal-approval?utm_source=Telegram&utm_medium=social

A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first

South Korea to delay new tax regime on cryptocurrencies until 2022

https://cointelegraph.com/news/south-korea-to-delay-new-tax-regime-on-cryptocurrencies-until-2022?utm_source=Telegram&utm_medium=social

Sandu Gisca

🎓BSc Degree in Economics and Business🌏Community Manager at STASIS stasis.net🤽🏻‍♂️Head Coach of Latvian National Water Polo Teams 🤽🏻‍♂️Master in Sports

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