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Russian Prime Minister Calls for Civilized Approach to Crypto Regulation

Russian Prime Minister Calls for Civilized Approach to Crypto Regulation

Mikhail Mishustin, the Russian prime minister, has stated that the cryptocurrency market ought to be advanced in a civilized manner.

The Bank Of Canada Stresses Stablecoin Regulation When Legislation Is Presented

The Bank Of Canada Stresses Stablecoin Regulation When Legislation Is Presented

Between 2020 and mid-2022, the fiat-referenced crypto asset market grew 30-fold to $161 billion in U.S. dollars. In February, the Canadian House of Commons proposed Bill C-249, Encouraging the Cryptoasset Sector Act. Canada's crypto community supported the law, but it was politically controversial and buried after its second reading.

UK Embraces Crypto Innovation with Groundbreaking Financial Services Act

UK Embraces Crypto Innovation with Groundbreaking Financial Services Act

The UK government has taken a bold step forward in the financial services sector, embracing the dynamic world of cryptocurrency and blockchain technology with the passing of the Financial Services and Markets Act 2023.

Financial Stability Risks from Cryptoassets in Emerging Market Economies Highlighted by BIS

Financial Stability Risks from Cryptoassets in Emerging Market Economies Highlighted by BIS

The Bank for International Settlements (BIS) and the Consultative Group of Directors of Financial Stability (CGDFS) have released a report on the financial stability risks from crypto assets in emerging market economies. The report highlights the rapid evolution of digital finance and the potential risks associated with cryptoassets, such as market, liquidity, credit, operational, and capital flow risks.

BIS Survey: 93% of Central Banks Engaged in CBDCs, 15 Retail and 9 Wholesale CBDCs Expected by 2030

BIS Survey: 93% of Central Banks Engaged in CBDCs, 15 Retail and 9 Wholesale CBDCs Expected by 2030

The Bank for International Settlements (BIS) has released a survey revealing that 93% of central banks are now engaged in some form of Central Bank Digital Currency (CBDC) work, with retail CBDCs taking the lead over wholesale CBDCs.

Danish FSA Orders Saxo Bank to Divest Crypto Holdings, Indicating Tightening Regulation

Danish FSA Orders Saxo Bank to Divest Crypto Holdings, Indicating Tightening Regulation

The Danish Financial Supervisory Authority (Finanstilsynet) on July 4, 2023, issued a directive to Saxo Bank, instructing the financial institution to divest its holdings in cryptoassets. This move is based on the current legal framework, which prohibits banks from trading cryptoassets for their own account.

Ernst & Young’s Blockchain Technology to Create NFTs for Award-Winning Italian Film

Ernst & Young’s Blockchain Technology to Create NFTs for Award-Winning Italian Film

Big-four accounting and auditing firm Ernst & Young’s blockchain-as-a-service dubbed EY OpsChain will create NFTs for the award-winning Italian film La Leggenda Di Kaspar Hauser.

Bitwise and ETF Trends : 64% of US Financial Advisors expect Bitcoin Price to Appreciate Over Next 5 years

Bitwise and ETF Trends : 64% of US Financial Advisors expect Bitcoin Price to Appreciate Over Next 5 years

Around half of all wealth in America is managed by financial advisors, but how much of that wealth are they comfortable allocating to cryptoassets?

(Press Release) Blockchain Summit Latam 2019 arrives in Mexico City

(Press Release) Blockchain Summit Latam 2019 arrives in Mexico City

Blockchain Summit Latam 2019 arrives in Mexico, one of the iconic events of Blockchain and Cryptoassets in Latin America • Mexico City will have the most important event in Latin America around Blockchain and Cryptoassets technology, bringing together more than 50 high level speakers in 2 days full of information and knowledge.

KPMG Partners with Coin Metrics to Boost Institutional Crypto Adoption

KPMG Partners with Coin Metrics to Boost Institutional Crypto Adoption

KPMG has teamed up with Coin Metrics to enhance institutional adoption of blockchain and cryptoassets offering proprietary analytics, trusted data & insights.

Binance Acquired CoinMarketCap: A Huge Boost to the Binance "Super Exchange" Ecosystem

Binance Acquired CoinMarketCap: A Huge Boost to the Binance "Super Exchange" Ecosystem

Binance, one of the largest digital asset exchanges in terms of trading volume and users, has officially announced the acquisition of CoinMarketCap for an undisclosed fee. According to the press release shared with Blockchain.News, the acquisition creates synergies for both companies in boosting cryptoassets adoption to global users.

EToro Boosts Insurance Cover-Up to £1 Million, but Crypto Investments Excluded

EToro Boosts Insurance Cover-Up to £1 Million, but Crypto Investments Excluded

eToro has unveiled a new insurance plan that will cover up to 1 million euro for customers, but cryptoassets are excluded from the policy.

How Smart Money Is Investing

How Smart Money Is Investing

With a flurry of renewed interest in cryptoassets, and multiple new opportunities for riches abounding, the vast majority of us can’t help but tentatively listen to that voice whispering in our ear, “remember 2018”. The bull run throughout 2017 ended in tears for many as early 2018 saw the market enter into an abrupt and prolonged bear cycle that lasted the better part of three years.

UK Financial Conduct Authority: We Will Not Regulate Bitcoin and Ether

UK Financial Conduct Authority: We Will Not Regulate Bitcoin and Ether

The British Financial Conduct Authority (FCA) has confirmed that they will not be regulating cryptocurrencies such as Bitcoin and Ether as it falls out of their perimeter.

New Zealand's Tax Authority Demands Info on Crypto Investors

New Zealand's Tax Authority Demands Info on Crypto Investors

New Zealand's Internal Revenue Department has asked all companies to pass on customers' personal details as well as the type and value of their crypto assets.

Coinbase Wallet Takes a Step Further by Letting Users Earn Interest with New DeFi Integration

Coinbase Wallet Takes a Step Further by Letting Users Earn Interest with New DeFi Integration

Coinbase’s mobile app Coinbase Wallet has previously enabled the access of decentralized applications, Dapps, the crypto giant has taken one step further in the decentralized world. Coinbase has recently announced that the integration of decentralized finance (DeFi) applications will be made available directly via the Coinbase Wallet on both iOS and Android.

Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde

Stablecoins Could Threaten Monetary Sovereignty and Financial Stability, Says ECB’s Christine Lagarde

Christine Lagarde, the president of the European Central Bank (ECB), has highlighted that stablecoins could pose a serious threat to monetary sovereignty and financial stability.

Blockchain Analytics Firm Elliptic Extends Monitoring Solutions to Cover Binance Chain and BNB

Blockchain Analytics Firm Elliptic Extends Monitoring Solutions to Cover Binance Chain and BNB

Blockchain analytics firm Elliptic recently extended its crypto risk monitoring solutions today by adding the Binance Chain and Binance Coin (BNB).

University of Cambridge: Crypto Asset Users Have Skyrocketed to 101 Million Globally

University of Cambridge: Crypto Asset Users Have Skyrocketed to 101 Million Globally

The University of Cambridge has found that the estimated number of cryptoasset users stands at 101 million worldwide.

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