In an announcement that has caused quite a stir, in the world of cryptocurrency, Binance, a cryptocurrency exchange globally revealed its decision to remove monero (XMR) from its list of supported cryptocurrencies.
The world’s financial markets are in the grip of uncertainty, caught in a delicate balance between inflationary pressures and a brewing banking crisis.
The year 2023 will be etched in the annals of cryptocurrency history as the time when nuanced techno-economic debates took center stage, shaping the fates of protocols and thousands of stakeholders around the globe.
The digital asset landscape is a perpetually shifting sea of opportunity and peril, and staying afloat requires a keen eye for the winds of change.
Former U.S. President Donald Trump has drawn a line in the sand when it comes to the potential creation of a U.S. central bank digital currency (CBDC). At a rally in New Hampshire, Trump not only promised to block the digital dollar’s inception but also went as far as to label it a ‘dangerous threat to freedom.’
The market watch is on after a chilly Wednesday as the leading trio of U.S. stock indices staggered alongside a sudden spike in 10-year Treasury yields.
It seems that all applications, for spot ETFs may have been denied. The cryptocurrency market faced a drop yesterday with Bitcoin plummeting to around $40,000 and several altcoins experiencing greater declines.
In a strategic move to align with global digital markets, Japan plans to exempt corporations from taxes on unrealized gains in cryptocurrency, encouraging long-term digital asset investments.
The European Banking Authority unveils draft guidelines for stablecoin issuers, focusing on liquidity, capital, and risk management in alignment with the upcoming MiCA regulation.
The rapidly evolving world of cryptocurrencies has seen various nations grappling with the challenge of creating a regulatory framework that balances innovation with security.
The global financial landscape is witnessing a significant shift in stablecoin activity, with a marked departure from the U.S. market. Recent reports indicate that while the U.S. has historically been at the forefront of the stablecoin revolution, its dominance is waning.
In a significant move, a group of US Senators, led by Democrat Elizabeth Warren and Independent Angus King, is urging the Internal Revenue Service (IRS) and the Treasury Department to expedite the implementation of tax reporting regulations for cryptocurrency brokerages and exchanges.
The global financial landscape is witnessing unprecedented shifts, with the U.S. dollar at the epicenter of the turbulence.
The Bank of Canada recently conducted a comprehensive study examining the potential role of a Central Bank Digital Currency (CBDC) in enhancing financial inclusion, digital inclusion, and overall accessibility.
In a move that could reshape the landscape of the cryptocurrency industry, the US Consumer Financial Protection Bureau (CFPB) is actively considering the application of the Electronic Fund Transfer Act (EFTA) to cryptocurrency platforms.
With the rapid evolution of Web3 technologies and the burgeoning crypto market, the UK is poised to carve a niche for itself, potentially outpacing the United States.
In a widely anticipated move, the U.S. Federal Reserve announced on Wednesday that it would keep its benchmark interest rates unchanged.
The cryptocurrency market has been on tenterhooks as the Federal Open Market Committee (FOMC) gears up to announce its decision on interest rates.
The cryptocurrency world has witnessed a notable reshuffling in the stablecoin sector, with Tether (USDT) experiencing a decline in its market capitalization for the first time in nine months.
In a significant move towards global financial stability, the G20 Leaders’ Summit, held in New Delhi, has endorsed a comprehensive roadmap for cryptocurrency regulations.
In a remarkable revelation that has sent ripples through the cryptocurrency market, Joe Burnett, an analyst at Blockware Solutions, has disclosed that a staggering 94.6% of all Bitcoin has remained stationary over the past 30 days.
Markets already price in no further rate hikes from the Fed this year and have begun pricing in rate cuts in 2024.
Solana probably won’t die, but it won’t live the way it used to.
PricewaterhouseCoopers (PwC) and wealth technology platform Aspen Digital released a joint report on the state of digital asset custody on July 11.
Ripple policy executive Susan Friedman recently spoke to the Digital Sterling Foundation, a leading advocate of a central bank digital currency (CBDC), to discuss London’s potential to become a thriving cryptocurrency hub.
TRM Labs, a leading provider of cryptocurrency risk management solutions, has revealed that bitcoin transactions currently account for only 19% of total illicit cryptocurrency activity.
Fang Hongjin, co-chairman of the Hong Kong Blockchain Association, said in a recent statement that he disagrees with the Hong Kong government’s proposal to issue a Hong Kong dollar stablecoin backed by foreign exchange reserves.
Bitcoin experienced an unexpected surge in selling pressure following the release of the Federal Open Market Committee (FOMC) minutes.