There's a growing case for allowing crypto firms to bypass banks
18.5.2023
Making the European Central Bank accessible to payment companies other than traditional banks would allow users to redeem their stablecoins directly for cash
Binance Aus suspends AUD fiat services, citing issues with third party
18.5.2023
Australian dollar deposits and withdrawals have been suspended by the exchange citing a decision made by a third-party prov
Australia marks first FX transaction using a CBDC as eAUD pilot continues
18.5.2023
The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer 2 blockchain
Voyager Digital Customers Will Recover 35% of Their Crypto Deposits
18.5.2023
Bankruptcy crypto lender Voyager Digital said customers will soon recover 35 percent of their cryptocurrency deposits, following a rocky road over the past few months of multiple failed buyouts.
US Bankruptcy Judge Michael Wiles approved Voyager’s liquidation plan on Wednesday, which will allow...
BRICS to Strengthen Economic Cooperation — Sherpa Calls for Increased Trade in National Currencies
18.5.2023
South Africa’s BRICS Sherpa says one of the priorities at the upcoming BRICS summit is “to strengthen economic cooperation.” He added: “We need a stable global financial architecture, a global financial arena. That is why we say that we need to trade in our own currencies.” He also believes that...
South Korean Lawmakers ‘Must Declare’ Crypto Holdings – ‘Coin Gate’ Fallout Continues
18.5.2023
South Korean lawmakers will likely be “obliged” to declare their crypto holdings following a national outcry over alleged “insider trading.”
The National Assembly’s Political Affairs Committee has co-created a resolution that would create a “voluntary” system whereby they are requested to report...
First Mover Asia: Biden’s Tough Talk, Tether’s Bitcoin Bet Not Moving Crypto
18.5.2023
PLUS: We really need to see the Hinman emails
146 Top Executives Urge Biden to Prevent US Default — Warns of ‘Disastrous Consequences’
18.5.2023
Top executives from 146 major companies in the U.S. — including Morgan Stanley, Goldman Sachs, Nasdaq, and Pfizer — have urged President Joe Biden and congressional leaders to act swiftly to prevent the U.S. from defaulting on its debt, which could occur as early as June 1. They warned...
Best Crypto to Buy Now 17 May – Conflux, Render, Litecoin
18.5.2023
Tether, the largest stablecoin issuer and one of the most controversial companies in crypto, announced a new investment strategy today: the company will allocate up to 15% of its reserves to buy and hold Bitcoin.
The strategy moves away from Tether's long-held conservative investment approach...
SEC warns Filecoin 'meets definition of a security' — Grayscale
18.5.2023
The regulator has asked Grayscale to withdraw its application for a Filecoin Trust product, saying its underlying asset "meets the definition of a security."
Crypto Perpetuals Exchange DYdX Considering the Launch of More SubDAOs
18.5.2023
The conversation was initiated to promote more decentralization within the dYdX ecosystem ahead of its v4 upgrade
This Metric of Bitcoin (BTC) Price Momentum Just Fell to its Lowest Since March – Is Now a Good Time to Buy?
17.5.2023
A key metric that measures momentum in the Bitcoin price just fell to its weakest level since March.
Last week, Bitcoin’s Z-score to its 200-Day Moving Average fell under 1.0, where it has remained more or less ever since.
That means that the current Bitcoin price is only just under one standard...