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Time for Serious Global Crypto Regulation, Germany Says
15.12.2022
Germany’s financial watchdog has issued a call for global regulation of the crypto industry in the aftermath of the FTX collapse. The hands-off approach was wrong, the head of the agency says, insisting it’s time to protect consumers as the sector expands links with traditional finance. Bafin...
El Salvador President Nayib Bukele Lashes Out at ‘Mainstream Media’ for Spreading Lies About the Country’s Bitcoin Investments
6.12.2022
El Salvador President Nayib Bukele has slammed "the mainstream media" over their attacks on the country's move to adopt Bitcoin as a legal tender.
The statement came in a response to a recent tweet by Bloomberg that claimed Bukele's move to promote Bitcoin as a "solution to the country’s economic...
Failed FTX Rescue Attempt Revealed, Putin Calls for Digital Currency Settlements — Week in Review
4.12.2022
Shark Tank star Kevin O’Leary has revealed his and Sam Bankman-Fried’s failed attempt to raise $8 billion to rescue the now collapsed crypto exchange FTX. In other news, Russian president Vladimir Putin has called for international settlements based on digital currencies. All this...
FTX US ex-president reportedly seeks $6M funding to launch crypto startup
3.12.2022
The ex-president of FTX US, Brett Harrison, is reportedly planning to launch a start-up that would build crypto trading software for big investors
Former FTX US President Is Seeking Funds for Crypto Startup: Report
2.12.2022
Russian Billionaire and Crypto Businessman Dies in Helicopter Crash in France
1.12.2022
Russian financier and cryptocurrency entrepreneur Vyacheslav Taran has been killed in a helicopter crash on French territory. The accident marks the latest in a series of deaths of crypto executives and adds another name to a list of Russian billionaires who died this year under mysterious...
President of Bank of Brazil Shows ‘Open Finance’ Digital Real Concept Featuring Stablecoin Integration and Payments Functionality
29.11.2022
Roberto Campos Neto, president of the Bank of Brazil, explained the role that the Brazilian central bank digital currency (CBDC), the digital real, might play in the future of personal finance. At an event, Neto explained the concept of “open finance,” showing a “super app”...
Spanish Securities Regulator CNMV Warns About Crypto Investments; Calls for Caution After FTX Downfall
29.11.2022
The Spanish securities regulator (CNMV) has warned investors against putting funds in crypto-related companies. Montserrat Martinez Parera, vice president of the organization, stated that lack of control is one of the causes of the downfall of the crypto exchange FTX, and that anyone looking...
European Central Bank President Christine Lagarde Calls For Crypto Regulation in EU Following FTX Collapse, Says It is ‘Very Much Needed’
29.11.2022
Christine Lagarde, head of the European Central Bank (ECB), has once again reiterated the need for bringing crypto under regulatory oversight in the European Union (EU) amid the collapse of cryptocurrency exchange FTX....
Read More: European Central Bank President Christine Lagarde Calls For Crypto...
ECB president reiterates calls for 'MiCA II' in response to FTX collapse
28.11.2022
In June, Christine Lagarde said a potential MiCA II framework “should regulate the activities of crypto-asset staking and lending, which are definitely increasing.”
TIME President Keith Grossman Joins Crypto Payments Startup MoonPay
28.11.2022
Keith Grossman, president of TIME, has left the media firm to join crypto payments infrastructure firm MoonPay
Russian President Putin Says Independent Blockchain-Based Payment Network Would Be “Much More Convenient” Than Existing System
28.11.2022
A new blockchain-based international payment system could soon take shape, if Russian President Vladimir Putin gets his way.
The remarks from Putin about a potential blockchain-based digital payment system were given during a conference on artificial intelligence (AI) hosted by the major Russian...
Salvadoran Group Files Lawsuits Against President Nayib Bukele on Lack of Transparency in Bitcoin Purchases
28.11.2022
Cristosal, a Salvadoran nonprofit human rights organization, has filed three lawsuits related to President Nayib Bukele’s management of public funds to purchase bitcoin. The processes are being run before several national and international bodies, and call for the government to offer...
Putin Calls for International Settlements Based on Blockchain and Digital Currencies
27.11.2022
Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying on digital currency and distributed ledger technology will be “much more convenient.” Russia’s...
New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor
27.11.2022
The Central Bank of Nigeria governor, Godwin Emefiele, has said the newly designed naira banknotes are set to enhance the effectiveness of the organization’s monetary policy and bolster the financial inclusion cause. Forcing Currency Hoarders to Return to the Banking System According to...
El Salvador Establishes National Bitcoin Office to Manage ‘All Projects Related to the Cryptocurrency’
26.11.2022
After the Salvadoran president Nayib Bukele revealed the country would buy a single bitcoin every day, a report published by Torres Legal details that the government of El Salvador has created a National Bitcoin Office (ONBTC). The report says the entity was created via Decree No. 49, which...
Sam Bankman-Fried Will Speak at Conference Alongside Ukraine President Volodymyr Zelensky and US Treasury Secretary Janet Yellen Despite Ongoing FTX Investigation
24.11.2022
FTX founder Sam Bankman-Fried will speak during the New York Times' annual DealBook Summit alongside Ukraine President Volodymyr Zelensky and US Treasury Secretary Janet Yellen despite the ongoing investigation against his failed venture FTX.
The full-day event, which will be on November 30, will...
MEXC Global Vice President Andrew Weiner Explains the Appeal of Futures Trading
23.11.2022
A 6-year veteran of the crypto industry, Andrew Weiner serves as the Vice President of MEXC Global. As the former executive of RegTech and digital identity pioneer iComplyKYC, he worked with notable brands that include Thomson Reuters, ComplyAdvantage, IBM, Mastercard, Deloitte, and KPMG to deliver...
Venezuelan President Nicolas Maduro Signals Support for Single Currency in Latam, Calls for Crypto Inclusion
22.11.2022
Nicolas Maduro, president of Venezuela, has expressed his support for the adoption of a new common currency for Latam in the latest meeting of the Workgroup of the Sao Paolo Forum. Maduro stated that this would be an important step for the construction of a common economic space, that would also...
Federal Reserve Bank President Says ‘Entire Notion of Crypto Is Nonsense’
22.11.2022
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says crypto exchange FTX isn’t “one fraudulent company in a serious industry.” Stating that the “Entire notion of crypto is nonsense,” the Fed president claimed it is “just a tool...