Search
Dutch ING Bank Analysts: BRICS Expansion to Power De-Dollarization Across World Economies
22.8.2023
Analysts of ING bank believe the de-dollarization trend that has been growing in the world might pick up momentum due to the possible expansion of the BRICS bloc. While the issuance of a BRICS common currency remains uncertain, according to some developing narratives, the Chinese yuan could become...
Federal Reserve CBDC Would Threaten Privacy and Freedom, Report Warns
22.8.2023
The America First Policy Institute (AFPI) recently sounded the alarm on the potential dangers of transitioning to a central bank digital currency (CBDC). This revelation, in a report penned by Michael Faulkender and David Vasquez, highlights the probable perils associated with the Federal...
Tether to Withdraw Support for USDT on Omni, Kusama, and Bitcoin Cash’s SLP
18.8.2023
Tether has announced a strategic transition that will see the company withdraw support for USDT issued on Omni, Kusama, and Bitcoin Cash’s Simple Ledger Protocol (SLP). The company stated that one of the factors that affected this decision was the level of community interest in these...
Using courts for every crypto issuance will squash innovation: Grayscale CEO
13.8.2023
Grayscale CEO Michael Sonnenshein emphasized the need for a balanced regulatory approach to cryptocurrency to avoid hindering innovation in the United States
Redefining Possibilities in RWAs: BG Trade Gears Up for 2 Exchange Listings and IDO Debut
12.8.2023
PRESS RELEASE. In the ever-evolving landscape of finance and investments, BG Trade has emerged as a trailblazing platform that reshapes real-world assets (RWA) issuance and trading. The company’s innovative approach introduces a groundbreaking concept known as the “Meta-Asset...
Fed Launches New Crypto Oversight Program, Issues Dollar Stablecoin Guidelines
10.8.2023
The Federal Reserve has established a new supervisory program to increase oversight of crypto activities by the banks it regulates. The U.S. central bank also released additional guidelines for banks to follow before engaging in the issuance, possession, or transactions involving U.S. dollar...
Latam Insights — Honduras Opens Public CBDC Consultation, Venezuela Applies to Enter BRICS
7.8.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Honduras opens a central bank digital currency (CBDC) consultation, Venezuela applies officially to join BRICS, and Trubit launches Pix payment integration...
DYdX Proposal to Slash Token Issuance Wins Early Support
31.7.2023
In theory, this could boost the price of DYDX, based on the basics of supply and demand
Asset Tokenization in Europe Gets a Boost With Securitize's Landmark Tokenized Equity Issuance
27.7.2023
The firm started issuing tokens representing equity in a Spanish real estate investment trust under Spain’s new digital asset supervision
UK Finance: Digital Pound Holdings Should Be Limited to £5,000 to Avoid Panic
4.7.2023
U.K. Finance, one of the largest finance membership organizations in the U.K., has issued its recommendations to the Bank of England regarding the issuance of a digital pound. The organization stated that individual holdings of the proposed central bank digital currency (CBDC) should be capped...
Dubai Regulator Unveils Schedule of Fees for Virtual Asset-Related Activities
28.6.2023
The Dubai Virtual Asset Regulatory Authority (VARA) recently announced the schedule of fees “covering the issuance of no-objection certificates to proprietary traders, amendments or withdrawal of licence applications, and the submission of whitepapers for VARA review.” According...
Circle CEO Jeremy Allaire: ‘Other Governments Are Regulating Digital Dollars Before the US’
26.6.2023
Jeremy Allaire, CEO of Circle, the company behind the issuance of usd coin (USDC), has expressed his worries about the state of stablecoin regulation in the U.S. In a congressional hearing, Allaire stated that other governments were already regulating the issuance of digital dollars (dollar-backed...
Economist Jim Rickards Warns of a CBDC-Supported Social Credit System in the US: ‘It Can Happen Here’
26.6.2023
Jim Rickards, an economist and investment banker, has warned about the establishment of a social credit system powered by the issuance of a central bank digital currency (CBDC). According to Rickards, this combination could be used to restrict the civil liberties of Americans by limiting their...
VC Chamath Palihapitiya Warns of Chaos in the Equity Market Due to Debt Issues
20.6.2023
Chamath Palihapitiya, CEO of VC company Social Capital, has warned about a looming crisis in equity markets due to the issuance of low-interest debt. According to Palihapitiya, this might be the “biggest business secret hiding in plain sight right now,” as many companies won’t...
Republican crypto bill a ‘10x improvement’ on all others: Messari CEO
8.6.2023
Speaking in a Twitter Space hosted by Coinbase on June 7, Ryan Selkis praised the new crypto bill for providing new firms with a clear path to compliance
Japanese Megabank Mitsubishi UFJ to Launch Stablecoin Issuance Platform in 2024
7.6.2023
The Japanese banking giant Mitsubishi UFJ says it will launch a cross-chain stablecoin issuance and interoperability platform next year.
In an official Mitsubishi UFJ announcement, the firm stated that it would work with a Tokyo-based company named Datachain to “build cross-chain infrastructure...
Bank of Russia Expects Significant Growth in Digital Assets Market
20.5.2023
The Central Bank of Russia predicts an increase in the issuance of digital assets, citing some of their advantages. The monetary authority has published a report presenting the progress made by the growing industry and assessing the prospects for its further development. Russia’s Central Bank...
Argentine Foreign Minister Says a Latin American Common Currency Would Relieve Argentina’s Stress on the Dollar Issue
5.5.2023
Argentine Foreign Minister Santiago Cafiero referred to the advantages the issuance of a Latin American common currency would give Argentina. Cafiero stated that the existence of such a currency would relieve the stress that the country is currently facing regarding the state of its foreign...
Coinbase to Cease New Loan Issuance Through Bitcoin Borrow Service
4.5.2023
Global crypto giant Coinbase has announced plans to shutter its loan services.
Effective May 10, Bloomberg reports, Bitcoin-backed loans will cease to be available to customers.
The exchange emphasized a focus on prioritizing offerings of utmost importance to clientele, resulting in continuous...
The Big Issues of Stablecoin Issuance
19.4.2023
Here are the key issues as the House Financial Services Committee hears testimony about stablecoin regulation