UK is ‘likely’ to need digital currency, says BoE and Treasury: Report
The Bank of England (BoE) and Treasury believes the United Kingdom is likely to need to create a central bank digital currency (CBDC) by 2030,...
The world must take a ‘collective action’ approach to regulations – India’s Finance Minister
India’s Finance Minister, Nirmala Sitharaman, suggested that regulation “cannot be done” by a single country, it requires an international effort, in a recent television interview.Speaking...
DeFi enjoys a prolific start to 2023: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last...
Community mocks Charlie Munger for his obsession with China’s Bitcoin ban
The cryptocurrency community has ridiculed well-known Bitcoin (BTC) critic Charlie Munger, vice chairman of Berkshire Hathaway, for calling the United States to follow in the footsteps...
Bank of China ex-advisor calls Beijing to reconsider crypto ban
The idea of lifting the cryptocurrency ban has started floating in China as a former central bank official has called the country to review its...
Regulatory action against Mango Markets exploiter is a win for DeFi — Moody’s
Recent charges brought against Mango Markets exploiter Avraham Eisenberg will have a positive impact on the decentralized finance (DeFi) space, according to credit rating firm...
Judge dismisses proposed class action suit alleging Coinbase securities sales
A proposed class action suit against cryptocurrency exchange Coinbase, Coinbase Global and CEO Brian Armstrong alleging unregistered securities sales was dismissed in the United States...
Tether CTO denies borrowing from bankrupt lender Celsius
According to its chief technology officer, the company behind Tether (USDT), the world’s largest stablecoin by market capitalization, has never received any loan from the...
UK Treasury publishes crypto framework paper: Here’s what’s inside
His Majesty’s Treasury published a long-anticipated consultation paper for the United Kingdom’s upcoming crypto regulation. The extensive 80-page document covers a broad range of topics,...
Celsius publishes list of those eligible for withdrawals
Celsius Network is currently going through the Chapter 11 bankruptcy process. Celsius received approval to process certain customer withdrawals last week. Those eligible to withdraw...