The recent shutdown of crypto-friendly banks in the US involving Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank is compelling crypto firms to reconsider options. Experts perceive the situation…
Despite being a technological and economic superpower, the United States must catch up in developing its Central Bank Digital Currency (CBDC), a revolutionary digital money developed by countries worldwide. According…
Following the FTX saga, certain hedge funds shut down their operations. In contrast, others persevered and managed to stay afloat by successfully navigating the difficulties of FTX's bankruptcy filing. CoinShares…
Agustin Carsten revealed that last year's event profoundly affected how stablecoin is viewed as money. The general manager at the Bank for International Settlements (BIS) revealed in a speech on…
As the Russia-Ukraine conflict rages on with no end, the humanitarian disaster has reached a high level, with refugees at the receiving end. Hence, humanitarian help groups have waded in…
According to Jewel Bank founder and chairman Chance Barnett, institutions in Bermuda will have access to real-time transactions using the stablecoin pegged to the US dollar. The first stablecoin to…
Stablecoins are the name of the game in the crypto industry. Each exchange is pushing its version of a fiat-pegged coin with many local exchanges doing the same on national…
The question of regulations is a recurring one. With each new incident in the crypto industry, experts start talking about the importance of regulations with renewed intensity and vigor. However,…
Hodlnaut, a major cryptocurrency lending firm based in Singapore is currently being investigated by the local authorities. The Singapore police authorities have launched a probe against the firm. The reason…
From November 7 until now, the FTX crash has continued causing great turmoil to the entire cryptocurrency industry. With the passing of every day, the situation is getting worse for…
In the UK, the lower house of the British Parliament, also known as the House of Commons, authorized the recognition of cryptocurrencies as regulated financial instruments on October 25. According…
A recent interview with Sam Bankman-Fried, the chief executive of FTX, revealed that the crypto exchange could roll out its own stablecoin soon, but it wanted to do so with…
Stablecoins should be the portion of the crypto market that's not vulnerable to wild value swings and tendencies that dominate assets like Bitcoin (BTC). However, this week's crash by leading…
As the year 2022 has already begun, annual assessments have started to be carried out within the digital economy sector as well. The past year was one of the most…