The governor of the central bank of Indonesia believes that cryptocurrencies have the potential to pose systemic risks, but can improve financial inclusion. Speaking at a G20 event in Bali, Governor Doni Primanto Joewono said […]
The United States has appealed to Japan to dial up the pressure on its cryptocurrency exchanges doing business with Russia. U.S. diplomats have asked Japanese officials to target crypto operations in Irkutsk, Siberia, where cool […]
The Bank of England argues that there is potential for crypto to pose greater threats to financial stability with greater integration into the traditional finance system. The Financial Stability Report released by the Financial Policy […]
Argentines turn to stablecoins as a hedge after the resignation of former Economy Minister Martin Guzman on Saturday. Guzman penned a resignation letter published on Twitter after months of infighting surrounding a renegotiated deal with […]
Grayscale CEO Michael Sonnenshein has told investors he is ready for a spot bitcoin exchange-traded fund (ETF) regardless of what the Securities and Exchange Commission (SEC) says. Grayscale’s application to convert its Grayscale Bitcoin Trust […]
Morocco is building out a regulatory framework for crypto with the help of established industry players. The central bank announced yesterday that it had begun talks with the International Monetary Fund and the World Bank […]
India’s biggest crypto exchanges face a brutal market winter amid unfriendly local regulations. Plummeting prices, the looming cryptocurrency taxation scheme, and the inability of customers to transfer money into exchanges have all put a damper […]
In the early trading hours of June 18, the two flagship digital assets, Bitcoin and Ethereum, crashed by over 8%, respectively, pushing their price below the dreaded $20k and $1k level. This massive decline has […]
The U.S. Department of Labor is receiving pushback from an industry initiative, requesting it rescind its previous guidance on including crypto in 401(k) plans. The Crypto Council for Innovation (CCI) comes with support from Coinbase […]
The Bank of Israel is collaborating with the Hong Kong Monetary Authority in a trial for a new central bank digital currency. The joint CBDC project will utilize a two-tiered system, once it begins in […]
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