Will stablecoins threaten financial stability?

With cryptocurrencies and exchanges facing court cases and possible strict regulation, regulators are starting to worry far more about stablecoins, and whether they can negatively impact on the existing financial system. ...

OpenSea-insider-information-scandal-sparks-new-policies

On Wednesday the crypto marketplace OpenSea released a statement in which they addressed an event in which one of their executives profited from insider trading. The statement by OpenSea revealed...

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Binance goes further down the centralisation route in order to please regulators

Binance, the largest cryptocurrency exchange in the world, has been suffering from regulatory pressure from more than one jurisdiction. CEO Zhao Changpeng is now saying that his exchange needs to become a...

Standard Chartered - Crypto is here to stay

Standard Chartered Chairman José Viñals says that digital assets will have “extraordinary development” in the years to come. He says that his company is becoming involved, and he says other...

SEC rules on crypto are just not clear

The cryptocurrency sector is growing in leaps and bounds. Even banks are getting in on the act – they certainly know where the money is. However, the SEC, headed up by...

NatWest Chair Predicts Digital Pound Pilot In Five Years

NatWest bank chairman Howard Davies has claimed that Britain will be piloting its own CBDC based on the pound to reduce money transfer costs within the next five years.  “Britcoin”...

Chinese Billionaire To Pay Half A Billion In A Settlement With The SEC

Chinese business man Guo Wengui has agreed to pay around half a billion dollars to the SEC in a settlement over illegal stock and cryptocurrency. The billionaire was under investigation...

Lagarde continues authoritarian approach to cryptocurrencies

Christine Lagarde, the President of the European Central Bank has once again thrown scorn on cryptocurrencies, calling them “highly speculative” and “suspicious”.   Central banks are absolutely against cryptocurrencies. Why? Because...

SEC Chair Gary Gensler And Senator Pat Toomey Spar Over Crypto Regulations

The US Securities and Exchange Commission Chair Gary Gensler and his plans to regulate cryptocurrencies have come under fire from the Republicans. Gensler, on his part, has defended the approach...

Bank of Russia advises banks to block suspicious cards and wallets. Targets crypto exchanges

The Bank of Russia has set out a new list of requirements for banks to use when determining suspicious transactions, including cryptocurrency transactions. The criteria produced by the central banks...

War on cryptocurrencies by central banks and regulators is escalating

Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, gives his view on how the regulator has stepped up the pressure on crypto by saying it will sue Coinbase. Is this...

Kevin O’Leary says $1 trillion will enter Bitcoin should the regulators class it as a security

Billionaire “Shark tank” investor Kevin O’Leary is calling on regulators to regulate crypto in the US because he says people don’t want to be like “cowboys” in the crypto sector. ...

$2.6B Worth Of “Kimchi Coins” In Trouble With South Korea’s Crypto Regulation

South Korea’s tightening crypto regulations will squeeze out two-thirds of the country’s smaller exchanges and 42 so-called ‘kimchi coins,’ amounting to total losses of around $2.6 billion.  ‘Bank Run’ Impending...

Lobster DAO Donates NFT Proceeds To Crypto Lobby Group

The sale of 10,000 "Lobby Lobster" NFTs recently raised a total of 4 million dollars, the proceeds of which will be donated to crypto lobby group Coin Center. According to...

Switzerland’s Stock Exchange Gets Regulatory Approval To Launch Digital Bourse

SIX, Switzerland’s stock exchange, has revealed that it has received regulatory approval to launch its digital bourse. According to an announcement made on Friday, the Swiss Financial Market Supervision Authority...