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WEF White Paper on Crypto Asset Regulation Highlights Need for Regulation


The World Economic Forum, in collaboration with its Digital Currency Governance Consortium, has released a paper on regulating crypto assets. The international organization published the paper, titled "Pathways to Crypto-Asset Regulation: A Global Approach," on Thursday, stressing the urgency...

U.S. Hearing Highlights Stablecoin Rift in Competing House Bills


U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how to oversee stablecoins, despite notes of hope from both sides evident in a Thursday hearing of the House Financial Services Committee’s digital assets panel

Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals


Investors, plagued by mounting pessimism, have sought refuge in cash, according to a recent survey conducted by Bank of America. The survey highlights a notable 5.6% increase in cash reserves during May, as apprehensive investors brace themselves for a potential credit crunch and a recession....

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