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Trading of Bitcoin ETFs Commences, Marking the End of a Lengthy Battle with SEC

Cindy Dutta2 years ago3 min read

Bitcoin ETFs Begin Trading in the U.S. Several exchange-traded funds (ETFs) linked to the price of bitcoin have started trading in the U.S., marking a significant…

RBI Governor Das Remarks on Crypto Regulations: What Works for One Market May Not Work for Us

Cindy Dutta2 years ago2 min read

RBI Governor Stresses Unique Approach to Crypto Regulations Reserve Bank Governor Shaktikanta Das emphasized that India will not follow other countries’ lead when it comes to…

Nigeria’s Stablecoin Initiative Reverses Course, Aims for Central Bank Approval

Benito Cormi2 years ago2 min read

Nigerian Stablecoin Launch Delayed The Africa Stablecoin Consortium (ASC), composed of Nigerian fintech startups and banks, has decided to postpone the launch of its stablecoin, which…

European Central Bank Grants $730 Million for Traditional Payment Methods in Digital Euro Initiative

Cino Gaperi2 years ago2 min read

ECB Allocates Budget for Digital Euro The European Central Bank (ECB) is making strides in the development of a digital euro by dedicating a portion of…

Crypto Risks in India Reiterated by Central Bank Governor

Gapster Innes2 years ago2 min read

Indian Central Bank Maintains Stance on Crypto Risks The Reserve Bank of India (RBI) Governor, Shaktikanta Das, reaffirmed the central bank’s position on cryptocurrencies, despite global…

Allocation of over $700m by the European Central Bank to drive the development of offline digital euro

Noah Rypton2 years ago2 min read

The ECB Allocates Over $700 Million for Offline Payment Development The European Central Bank (ECB) is allocating more than $700 million from its $1.3 billion contract…

Megacap Surge Drives US Stock Market Higher with Focus on Inflation Data and Earnings

Cindy Dutta2 years ago4 min read

U.S. Stocks Close Higher as Megacaps Rally U.S. stocks closed higher on Wednesday as megacaps rallied, but gains were limited ahead of inflation reports and major…

USD Strengthens Against JPY as Bitcoin Declines Following SEC Breach

Cindy Dutta2 years ago3 min read

The Dollar Gains on the Yen, but Edges Lower Against the Euro The dollar strengthened against the yen but weakened slightly against the euro as investors…

The Potential Impact of Bank Regulations and Stablecoin Laws on Tether Whale’s $2.9 Billion Liquidity

Bernard Nicolai2 years ago2 min read

Today, a significant amount of money has been deposited into crypto exchanges by a Tether (USDT) whale. This deposit adds to the total liquidity that the…

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