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Governments 'Will Need to Respond' to this Crypto Surprise by Bermuda


A big adoption news came to the Cryptoverse today as Bermuda, a British island territory with a population of c. 65,000 people, started accepting payments for taxes, fees and other government services in USD Coin (USDC), a U.S. dollar-pegged stablecoin, managed by major players in the crypto...

Back in Red: Ethereum Price Below USD 180 and Continues to Drop


After failing to stay at USD 190 level last week, the price of ethereum (ETH) continued to drop and is now below USD 180. The price at the time of writing (at UTC 13:20) of the second coin by market capitalization is USD 175, which is far from its 30-day low of USD 156, but quite close to its 7-day...

Where US Regulators Stand on Crypto Assets


The U.S. has many regulators responsible for overseeing different aspects of crypto assets, each with its own stance on how they should be regulated. Major regulators in the U.S. with strong opinions on cryptocurrency include the SEC, the CFTC, the Federal Reserve, Fincen, and the IRS. Also read:...

'Ideal' Security Setup for an Average Bitcoiner by Security Experts


Answering a question in a recent AMA (ask me anything) session on protecting one’s Bitcoin from thieves, experts from crypto security specialist Casa gave what may be an ideal security setup for any average BTC holder, based on the amount they’re securing. Casa’s Chief Technology Officer (CTO)...

EY Has Blockchain-based Solution to Governments + 11 More Crypto News


Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Adoption news Major professional services firm, EY, launched EY OpsChain Public Finance Manager (PFM), a blockchain-enabled...

G20 Informed Stablecoins Could Pose Financial Stability Risk


The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges. Also read: Unicef...

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