UK pushes crypto efforts forward through financial services reforms
The United Kingdom’s Chancellor of the Exchequer Jeremy Hunt laid out a number of reforms aiming to “drive growth and competitiveness” to the country’s financial...
Innovation in crypto is not possible without rules, says Stifel’s CEO
Stifel’s CEO believes that rules are necessary to boost innovation within the cryptocurrency industry. Cryptocurrency companies need to build trust with their users. Customer protection...
Approach with caution: US banking regulator’s crypto warning
A United States banking industry regulator warned banks of the “emerging risks” of cryptocurrencies saying the sector should take a “cautious approach” and seek permission...
Crypto market overview November 2022
Cryptocurrency prices have declined significantly in 2022, with crypto assets tracking the performance of stocks such the Nasdaq 100. An overview of three top cryptocurrencies...
Axie Infinity (AXS/USD)continues to face rejection. Are buyers giving up?
Axie Infinity token lost 6.60% on Thursday despite previous gains Axie Infinity has been recording increasing activity on the platform The token faces resistance at...
PayPal expands cryptocurrencies operations to Luxembourg
PayPal has announced that it is expanding its cryptocurrency operations to Luxembourg despite the ongoing crypto winter which is projected to extend to 2023 after...
Hong Kong to subject crypto exchanges to the same laws governing TradFi
Hong Kong’s legislative council has passed a new amendment to its Anti-Money Laundering (AML) and terrorist financing system to include virtual asset service providers.The latest...
Stablecoin framework is a near-term priority for Aussie regulators
Australian financial regulators are “working on options” for incorporating payment stablecoins into the regulatory framework for stored-value facilities. Such incorporation would be a part of...
ECB official proposes ban on tokens with an ‘excessive ecological footprint’
Fabio Panetta, an executive board member of the European Central Bank (ECB), proposed banning crypto assets with a significant environmental impact as part of efforts...
Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX
An American legislator has asked the United States Government Accountability Office (GAO) to look into the performance of the Securities and Exchange Commission (SEC) regarding...