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Report: UK Gold Dealer Sold Out of Bullion After Pound’s Record Fall Causes Demand to Skyrocket
4.10.2022
The United Kingdom-based gold dealer, Ash Kundra, has claimed that he recently ran out of gold coins and bars after the demand for the precious metal skyrocketed. The pound’s plunge to a record low versus the dollar, as well as the turmoil in financial markets, is said to be the cause of...
Tether commercial paper exposure now under $50M, says CTO
4.10.2022
Tether is also looking to become more transparent, having hired a new accounting firm to conduct regular audit and attestation reports to ensure its stablecoin is properly backed by the USD
US Treasury recommends lawmakers decide which regulators will oversee crypto spot market
3.10.2022
“The report recommends the passage of legislation in providing a rulemaking authority for federal financial regulators over this market,” said economist Jonathan Rose
US senator bill seeks to cushion crypto exchanges from SEC enforcement actions
1.10.2022
The Digital Trading Clarity Act of 2022 aims to provide regulatory clarity around classifying digital assets and related liabilities under existing securities laws
DeFi needs appropriate regulation before moving to retail, says Fed Chair: Finance Redefined
30.9.2022
Majority of the top 100 DeFi tokens had a mixed week, with several tokens trading in green on weekly charts, with the total value locked seeing a minor increase of $4 billion
Crypto and decentralization could influence voters in 2022 US midterm elections: Report
30.9.2022
"Voters are less likely to support candidates perceived as standing in the way of a decentralized internet,” said Haun Ventures
Biggest Movers: XRP Rebounds on Friday, Nearing Recent Highs
30.9.2022
Xrp was up by nearly 10% on Friday, as the token moved closer to a recent four-month high. The move comes as consumer sentiment data in the United States came in at 58.6, which is higher than August’s reading of 58.2. UNUS SED LEO was also in the green, climbing by as much as 12% […]
Blockchain could help anonymously document war crimes
30.9.2022
Blockchain combined with decentralized storage could ensure data preservation and anonymity when reporting war crimes
Market manipulation claims will be hardest 'nut to crack' in Bitcoin ETF approval — WisdomTree
30.9.2022
“We’re all kind of watching this and seeing what’s going to happen,” said WisdomTree's Will Peck on spot Bitcoin exchange-traded funds in the United States
US lawmaker hints at calling for Republican votes in 2022 Midterms over crypto policies
29.9.2022
Representative Patrick McHenry said regulatory clarity for digital assets would be one of his "top priorities" if he became the next chair of the House Financial Services Committee
US lawmakers propose amending cybersecurity bill to include crypto firms reporting potential threats
28.9.2022
Under the proposed amendment, the 2015 legislation would be renamed the Cryptocurrency Cybersecurity Information Sharing Act
'Time is not on our side' to provide regulatory clarity on crypto, says US lawmaker
27.9.2022
"We’ve got to move, pick a regulator, and give the market the certainty and guardrails it deserves," said House Representative Josh Gottheimer
FCA green lights Revolut, making no UK crypto firms operating under temporary status
27.9.2022
Revolut had been the last "holdout" out of the 12 companies originally granted FCA temporary registration to continue offering crypto services in March
Brett Harrison will step down as FTX US president, move into advisory role
27.9.2022
The soon-to-be-former president said he would continue to assist CEO and founder Sam Bankman-Fried "to ensure FTX ends the year with all its characteristic momentum.”
Bitcoin, British Pound trading volume soars 1150% as UK's currency risks dollar parity
27.9.2022
Doom and gloom for some British pound investors is neatly avoided with a Bitcoin flight
Nexo acquires stake in US chartered bank
27.9.2022
By acquiring a stake in the holding company that owns Summit National Bank, Nexo plans to expand its financial product offerings in the United States
Global think tank suggests blockchain in public finance can help reduce fraud
27.9.2022
Modernizing public finance management through blockchain could help governments identify potential corruption and waste by providing additional transparency and traceability
Nuclear and gas fastest growing energy sources for Bitcoin mining: Data
27.9.2022
Some governments can negatively impact Bitcoin's environmental footprint by banning BTC mining, according to new data from Cambridge
GBP follows euro: The pound-dollar rate hits all-time low
26.9.2022
Reaching 1 GBP = $1.04, the pound has crash-landed, marking a record low against the U.S. dollar following the new prime minister’s budget announcements
Crypto Payments May Not Help Russia Bypass Sanctions, Experts Say
26.9.2022
Russia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country to circumvent sanctions. At the same time, the United States has been tightening the noose, recently targeting the use of cryptocurrencies to dodge the financial...