The European Union (EU) has reached an agreement on new bank-capital legislation, which includes regulations for cryptoassets. The proposed rules aim to prevent unbacked crypto from entering the traditional financial system. Negotiators sought…
Cryptocurrency exchange Bitfinex has launched a peer-to-peer (P2P) trading service in Argentina, Colombia, and Venezuela, aiming to tap into the growing digital asset market in Latin America. Users from these regions can now…
Ripple is confidently addressing its legal challenges and exploring new opportunities to expand the capabilities of its platform. The exact role of XRP is still under scrutiny, but there is growing interest in…
Circle, a stablecoin-issuer company, has been closely monitoring regulatory developments in Hong Kong. Recently, the authorities in Hong Kong allowed investors to trade cryptocurrency under a new regime that emphasizes “fundamental value.” Jeremy…
During a period of unrest and potential civil war in Russia, many Russians turned to cryptocurrency as a safe haven. On Saturday, as the revolt by the Wagner private army unfolded, trading between…
Real Vision CEO Raoul Pal predicts that cryptocurrencies will be the top-performing asset class due to a rise in global liquidity. He believes that crypto will outperform both Exponential Age stocks and tech…
Liquidators of the bankrupt hedge fund Three Arrows Capital are seeking to recover $1.3 billion from co-founders Su Zhu and Kyle Davies. The fund, which managed over $2 billion in assets, was ordered…
The popular crypto tipping app Damus is under scrutiny and may be removed from the Apple App Store. Apple has claimed that the app violates review guidelines, specifically taking issue with its in-app…
In a podcast interview, Tom Mutton, the head of the Bank of England’s CBDC project, discusses the transparency and privacy concerns surrounding electronic payments. Mutton explains that while cash offers anonymity, electronic payments…