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Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline Payments
16.6.2023
An API layer could facilitate a wide range of central bank digital currency payment scenarios, a Bank for International Settlements and Bank of England experiment has shown
Binance to Quit Netherlands After Failing to Acquire License
16.6.2023
The crypto exchange's attempt to secure a virtual asset service provider (VASP) license from the Dutch regulator was unsuccessful
Reports Indicate Venezuela Is Preparing to Liquidate the Petro
16.6.2023
According to reports, the government of Venezuela could be winding down the operations of the petro cryptocurrency. The decision comes after Sunacrip, the Venezuelan cryptocurrency watchdog, was set back by the alleged participation of its former head Joselit Ramirez in a potential $20 billion...
US Treasury Secretary: No Alternative Reserve Currency Can ‘Replicate’ Role Played by the Dollar
16.6.2023
United States Treasury Secretary Janet Yellen recently told members of the U.S. Congress that while some countries are seeking to create alternatives to the greenback, no country, including China, can create a currency which replicates the dollar’s role in the global financial system....
Bitcoin Shorts Lose $16M as BlackRock ETF Filing Sparks Bullish Outlook
16.6.2023
Total crypto market capitalization rose nominally with dogecoin (DOGE) leading gains among major tokens
France’s Macron Hopes to Attend BRICS Summit in South Africa, Report
16.6.2023
French President Emmanuel Macron wants to join the leaders of the BRICS nations when they meet in August, according to a press report. While his participation in the multipolar bloc’s summit is uncertain, Macron has already scheduled another summit in Paris to discuss the establishment of...
CoinEx Explains How the Intersection of AI and Web3 Will Revolutionize Crypto
16.6.2023
The emergence of cutting-edge artificial intelligence capabilities has ignited the imagination of business strategists worldwide, urging them to envision the future operations of their respective industries in this era of AI. Simultaneously, the advent of Web3 is transforming our very interaction...
Avantgarde, Agio Digital Unveil Institutional Onchain Funds Platform
16.6.2023
The platform will allow for users to set up fully regulated on-chain funds
Egypt Applies for BRICS Membership, Seeks Trade in National Currencies
16.6.2023
Egypt has filed an application to join the BRICS bloc, Russia’s ambassador to the Arab nation confirmed. The government in Cairo is interested in using alternative currencies in foreign trade, either national fiats or a new common currency, the diplomat unveiled. Egypt Takes Step to Join BRICS...
OKCoin Accused by FDIC of Making False Claims About Customer Protections
16.6.2023
OKCoin must scrub misleading statements that suggest its customers’ accounts are protected by the U.S. Federal Deposit Insurance Corp. (FDIC), the U.S. banking regulator ordered late Thursday, complaining the company is making false claims
U.S. Court Will Rule on Terraform Labs' Push to Dismiss SEC Lawsuit Within a Month
16.6.2023
Was UST a security because it was designed for practical uses rather than as an investment?
Crypto Firm Abra Said to be Insolvent in Texas State Regulators’ Cease-and-Desist Order
16.6.2023
According to an emergency cease-and-desist order from the Texas State Securities Board, the cryptocurrency firm Abra is “insolvent or nearly insolvent.” The filing alleges that a group of state securities regulators has been investigating Abra, and the working group interviewed William...
First Mover Asia: Hong Kong as Crypto Hub? The City's Strict Banking Requirements May Be an Obstacle
16.6.2023
A Hong Kong-based entrepreneur says that while the digital assets regulation is "overall friendly," banking regulations will make the industry's growth there difficult. ALSO: Bitcoin surges post-BlackRock iShares ETF filing but the rally sputters
Token Sale Ahead: Celsius to Convert Customer ‘Altcoins’ to BTC and ETH
16.6.2023
Amid the regulatory crackdown in the United States, the bankrupt crypto lender Celsius has announced that all of its customers’ “altcoins” will be converted to bitcoin (BTC) and ethereum (ETH). Over $215 million worth of coins such as CEL, ADA, LINK, LTC, and others will...
Do Kwon to Remain in Custody While Montenegro Courts Consider Extradition Request: Report
16.6.2023
Courts in the country approved bail for the Terraform Labs founder, but a South Korea extradition request is set to keep him in jail
Bitcoin Jumps Past $25.7K After BlackRock iShares ETF Filing
15.6.2023
The largest cryptocurrency rose more than 1.3% in the hour after the announcement
House Financial Services Republicans Blast SEC’s Proposed Rule, State Gensler Is Pushing ‘His Own Personal Views Regarding Digital Assets’
15.6.2023
Republicans of the House Financial Services Committee have criticized U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, stating he is using Rule 3b-16 amendments to impose his views on cryptocurrency assets. In a letter sent to the SEC, republicans push back against the new proposed...
Sotheby's Second 3AC NFT Sale Nets $10.9M, With 'The Goose' Alone Netting $6.2M
15.6.2023
Ringers #879, a seminal NFT artwork often referred to as "The Goose," far outpaced estimates and sold for $tk
BlackRock's iShares Files Paperwork for Spot Bitcoin ETF
15.6.2023
The SEC has rejected numerous attempts by other fund companies to launch a spot bitcoin ETF
Bitcoin Regains Ground to Reach $25.2K, but Investors Remain Jittery About U.S. Economy, Monetary Policy
15.6.2023
Tether’s USDT stablecoin loses its $1 peg, while other major cryptos spend their day in red territory