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Ethereum hits $3.2K, surpassing Bank of America market cap
10.11.2024
Ethereum’s market cap tops Bank of America, while the SEC weighs spot ETH ETF options and DeFi gains traction
The Unique Way the Solana Trading Ecosystem Is Making Bank
9.11.2024
Trading tools on Solana are immensely profitable. In fact, they tend to rival or exceed DeFi blue chips like Maker, Aave or Lido
Norway supports MiCA, considers CBDC for financial stability
9.11.2024
Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway
Swiss National Bank Chair Flags Crypto Risks, Calls Bitcoin and Ether a ‘Niche Phenomenon’
8.11.2024
Swiss National Bank (SNB) Chairman Martin Schlegel has cautioned about cryptocurrencies like bitcoin and ether, describing them as volatile and energy-intensive, and highlighting links to illegal activities that complicate regulation. Speaking at an event hosted by Aargauische Kantonalbank...
Bybit Expands Global Presence With VASP Registration by the National Bank of Georgia
6.11.2024
Bybit has announced its registration as a Virtual Asset Service Provider (VASP) by the National Bank of Georgia, marking a significant step in the company’s commitment to regulatory compliance in the country. This registration aligns with Bybit’s global compliance strategy, which...
Millions Recovered: DOJ Orders Seized Funds Returned in Failed Bank’s Crypto Scheme
6.11.2024
A judge ordered millions seized in a Kansas crypto fraud scheme be returned to defrauded investors, marking partial relief for victims of the bank collapse. Millions Lost, Millions Returned: DOJ Mandates Restitution for Defrauded Investors The U.S. Department of Justice (DOJ) announced on Monday...
Bahrain-Backed Bank Launches Digital Asset Custody Service
5.11.2024
Bahrain-backed Singapore Gulf Bank has launched digital asset custody and trading services, positioning Bahrain as a hub for digital finance and connecting Asian and Middle Eastern markets. Bahrain Aims to Connect Asian and MENA Markets Bahrain-backed Singapore Gulf Bank has launched digital asset...
Latam Insights Encore: Brazil’s Stablecoin Remittance Tax Is Doomed From the Start
5.11.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine how the Central Bank of Brazil has proposed a tax on the use of stablecoins for making remittances and how this might drive retail users away...
$3M Bitcoin Forecast: Vaneck’s Model Sees Central Bank BTC Adoption
5.11.2024
Bitcoin could reach $3 million, according to asset manager Vaneck, with a model showing its potential as a reserve asset held by global central banks. Bitcoin as Central Bank Asset? The $3M Target Driving Big Conversations Matthew Sigel, head of digital assets research at asset management firm...
Game Pass Is Soaring Back To Life This November
4.11.2024
Microsoft has just announced the next wave of Game Pass titles for the first half of November. Among a lovely trove of indie titles, it finally includes the arrival of Flight Simulator 2024, albeit only in the newly expensive “Ultimate” tier.Read more
Pakistan moves to regulate cryptocurrency, CBDCs as legal tender
4.11.2024
The proposed amendments would allow for sweeping changes to the country’s financial sector.
Historic: Central Bank of Argentina Hosts Cryptocurrency Art Exhibition
4.11.2024
The Central Bank of Argentina has opened its doors to host a cryptocurrency-themed art exhibition for the first time. The show, titled “Art, Artificial Intelligence and the Future of the Economy,” includes a series of bitcoin mining machines, several spheres that display ether...
Ripple CEO Loses Bank Account, Russia’s New Crypto Law, and More — Week in Review
3.11.2024
Ripple CEO loses his long-term bank account, Russia publishes new crypto law, BRICS payment system aims to be a SWIFT substitute, and more in this Week in Review. Week in Review Ripple’s CEO recently disclosed the closure of his 25-year-old bank account, citing his leadership role in a crypto firm...
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
1.11.2024
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
1.11.2024
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
1.11.2024
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now
Paxos launches USD-backed USDG stablecoin with DBS Bank
1.11.2024
Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework
India Reclaims 102 Tonnes of Gold From Bank of England as Global Risks Rise
1.11.2024
The Reserve Bank of India has repatriated 102 tonnes of gold from the UK, bolstering domestic reserves as global instability fuels demand for secure assets. 102 Tonnes of Gold Returned: RBI Shifts Assets From Bank of England India’s central bank, the Reserve Bank of India (RBI), has returned...
Brazilian Central Bank Considers Taxing Stablecoin Remittances
31.10.2024
The stablecoin boom in Brazil has caught the attention of the central bank, which is currently exploring several ways to tax stablecoin remittances, including issuing a special license for crypto exchanges that provide these services. Central Bank of Brazil Explores Tax on Stablecoin-Based...
Why is Bitcoin price up today?
29.10.2024
Bitcoin open interest reached a new all-time high, and the US BTC ETF holdings soared to $66 billion as BTC rallied to $72,000.