The European regulator announced new guidelines as part of legislative proposals to govern cryptocurrency transactions The European Union yesterday suggested an extension of the current anti-money laundering and combating the financing of terror (AML/CFT) laws […]
On July 19, the CEO of the crypto financial services firm Blockfi, Zac Prince, told the public that the New Jersey Bureau of Securities has told the company to “stop accepting new BIA clients residing […]
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 […]
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