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Former White House Senior Advisor David Plouffe Joins Alchemy Pay Advisory Board

21.3.2023
Serving as a committee member of Alchemy Pay’s management and advisory board, and as Global Strategic Adviser to support Alchemy Pay’s expansion and growth in global markets, contributing actively to strategy, compliance and government relations. Alchemy Pay, Singapore based pioneer...

Board Games Aren't Great For The Environment

16.3.2023
As the planet veers ever closer to climate catastrophe, more and more people—and businesses—are working to lessen their impact on the planet. Cars are going electric, straws have gotten organic and even video game cases have gotten slimmer. One industry that’s lagging well behind, though, is board...

Bank Board Member and Dodd-Frank Co-Sponsor Barney Frank Suspects ‘Anti-Crypto’ Message Behind Signature Bank Failure

13.3.2023
Barney Frank, a former member of the U.S. House of Representatives from Massachusetts and leading co-sponsor of the 2010 Dodd-Frank Act, discussed his opinion on the recent failure of Signature Bank. In an interview, Frank stated that he believes regulators aimed to “send a very strong...

US Accounting Watchdog Issues Warning on Crypto Proof-of-Reserve Audits: Investors Urged to Exercise Caution

9.3.2023
According to a recent warning by the U.S. Public Company Accounting Oversight Board (PCAOB), crypto proof-of-reserve (POR) audits have limitations, and the board believes that investors should exercise caution when dealing with companies using POR audits. PCAOB Calls for Investor Caution and...

Has Tokenization’s Moment Finally Come?

3.3.2023
Tokenization of real-world assets has been dismissed by many crypto purists for operating under a centralized framework, but new technological advances have migrated the process from closed, permissioned projects onto public, permissionless blockchain platforms. This could offset traditional...

$1B Voyager-Binance Deal Benefits Halved if Alameda Loan Claim Succeeds: Texas Regulators

27.2.2023
The filing opposing the Binance US deal casts doubt on the firm's relationship with Binance.com and alleges its staking service is illegal

India Asks IMF and FSB for Joint Paper to Help Formulate ‘Comprehensive’ Crypto Policy

26.2.2023
India has asked the International Monetary Fund (IMF) and Financial Stability Board (FSB) to develop “a synthesis paper” on crypto assets as part of the G20 meeting of finance ministers and central bank governors under India’s presidency. “This would help in the formulation...

IMF Board Offers Guidance for Developing Effective Crypto Policies

25.2.2023
The executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies. The board stressed the need to develop comprehensive crypto regulations to “better mitigate the risks posed by crypto assets while also harnessing...

US Regulators and Federal Reserve Issue Joint Warning About Crypto Liquidity Risks

25.2.2023
U.S. regulators and the Federal Reserve have issued a joint warning about key liquidity risks associated with crypto assets. However, the regulators clarified that banks “are neither prohibited nor discouraged from providing banking services to customers of any specific class or type,...

IMF exec board endorses crypto policy framework, including no crypto as legal tender

23.2.2023
The principles are broad and general, with the exception of the stand against crypto as legal tender, which the IMF has repeatedly expressed to El Salvador

IMF Board 'Generally Agreed' Crypto Shouldn't Be Legal Tender

23.2.2023
Outright crypto bans aren’t ideal but shouldn’t be ruled out, the International Monetary Fund leadership said

Existing Stablecoins Won’t Meet Forthcoming Global Standards: FSB

20.2.2023
The Financial Stability Board's recommendations for regulating crypto and stablecoins are set to be released in July 2023

Indian Cricket Board Tells Women's Premier League Teams to Shun Crypto Links

15.2.2023
The organization overseeing cricket in India told five franchises of the newly formed Women's Premier League (WPL) to avoid associating with any cryptocurrency or blockchain-related entities

Former Warner Music CEO Joins Web3 Company OneOf’s Board

15.2.2023
Stephen Cooper, who also ran entertainment giant Metro-Golwyn-Mayer, will bring decades of experience in music, TV and film to OneOf’s Web3 strategy

UAE Launches ‘Financial Infrastructure Transformation’ Program; CBDC Among 9 Key Objectives

14.2.2023
On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the launch of a new initiative called the “Financial Infrastructure Transformation Program,” which has nine key objectives. One of these objectives is the research and development of a central bank digital...

Bitcoin, Ethereum Technical Analysis: BTC Moves Below $23,000 as Market Volatility Heightens

9.2.2023
Bitcoin dropped to a two-week low on Feb. 9, with prices falling below the $23,000 mark after a brief rally on Wednesday. Cryptocurrencies moved lower across the board, as uncertainty surrounding the state of the global economy impacted investor confidence. Ethereum also slipped, following a move...