Police in Malaysia are alleged to have destroyed over 1,000 mining machines at the end of last week In a rather unusual incident, authorities in Malaysia have steamrolled millions of dollars worth of crypto mining […]
The International Monetary Fund (IMF), the World Bank, and the Bank of International Settlement (BIS) have conducted an extensive study of using central bank digital currencies (CBDCs) for cross-border payments. Their report to the G20 […]
U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for […]
The Federal Reserve is set to release a virtual assets’ report before the end of the third quarter this year, according to the chair Jerome Powell Yesterday Jerome Powell, Chair of the Federal Reserves in […]
Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,” he said. The Fed chair […]
As payments provider Clear Junction pulls support for Binance, more compliant exchanges could experience growth The regulatory troubles continue for Binance. After the UK’s Financial Conduct Authority ordered Binance to stop all regulated activity in […]
Major Indian bank ICICI has asked customers not to use the Reserve Bank of India (RBI)’s liberalised remittance scheme (LRS) for any crypto-related investments. ICICI, a leading private sector bank in India, has updated its […]
The Southeast Asian country is looking to become the latest country to adopt a digital currency Vietnam is reportedly exploring the possibility of recognising and embracing cryptocurrencies. A report shared in the daily newspaper The […]
A survey conducted among financial professionals has indicated that the industry wants Ukraine’s future digital currency to be used as a tool in the crypto space. The financial sector also favors a blockchain design for […]
The exchange platform noted that the cryptocurrency sector has seen tremendous growth and can’t afford to be ignored According to CNN Philippines, the Philippines Stock Exchange (PSE) wants to offer crypto trading services in the […]
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