Celsius’ crypto woes are being watched by Washington: report
Washington is keenly watching the crypto sector in the wake of crypto lender Celsius Network’s run into liquidity trouble this past week. The lender, the...
IMF report calls for eco-friendly design choices in the crypto ecosystem
In a study titled “Digital Currencies and Energy Consumption”, the International Monetary Fund evaluated the impact of design elements of crypto assets on their energy...
Japanese lawmakers pass stablecoin bill to safeguard crypto investors
Japanese lawmakers on Firday passed a bill for stablecoins to protect crypto investors. The bill comes a month after the TerraUSD (UST) stablecoin crash that...
Crypto’s growing integration in the financial sector poses financial stability risks, ECB says
The European Central Bank (ECB), in its Decrypting financial stability risks in crypto-asset markets report, observes that crypto assets, especially unbacked ones like Bitcoin (BTC),...
Korean cybercrime unit requests exchanges to freeze LFG assets: Report
South Korean police have reportedly requested exchanges to ‘freeze’ the assets of the Luna Foundation Guard (LFG), the non-profit organization set up to support the...
Despite the Terra debacle, the UK to recognise stablecoins as legal tender
We only seek to legalize fully backed stablecoins says the Treasury As the crypto world gears up to deal with the consequences of the...
33 central banks and 12 financial authorities to meet Nayib Bukele to discuss BTC
Nayib Bukele, the president of El Salvador, tweeted that he would be meeting with 33 central banks and 12 financial authorities today Monday to discuss...
SEC official says tougher US stablecoin regulations ‘closer’
US Securities and Exchange Commission (SEC) commissioner Hester Peirce has said that the stablecoin market has attracted a lot of attention this past week and...
Dubai’s Virtual Assets Regulatory Authority to launch headquarters in The Sandbox
Dubai’s Virtual Assets Regulatory Authority (VARA) has announced that it shall create a metaverse headquarters in The Sandbox virtual world. The virtual headquarters shall be...