Key Takeaways The UK will start field testing crypto blockchain technology for traditional market activities like stock and bond trading and settlement next year. This experiment is a component of the UK’s endeavors becoming a global “crypto hub,” as per…
Key Takeaways: The value of the stablecoins, USDT and USDC, falls by a significant amount. The Oasis network TVL has also been plummeting since June 4. Earlier in May, UST lost its peg twice, and its value dropped by 56%…
Key Takeaways: Prudential Insurance is preparing to join the crypto market, as per recent trademark filing data. The insurer has filed ten trademark applications with the United States Patent and Trademark Office, all of which are related to NFTs, cryptocurrencies,…
Key Takeaways: The National Bank of Kazakhstan’s Chairman says that they intend to extract the profit from the potential of cryptocurrency. Primatov says it is too early to speak about crypto legalization by the bank. The National Bank of Kazakhstan’s…
Key Takeaways Embezzlement related to Luna’s downfall got revealed recently. Allegations against Do Kwon have also been raised. The South Korean authorities have been monitoring the crypto market in the country since Luna’s downfall. Similarly, the police are also investigating…
Key Takeaways The report is dedicated to members of the United States Congress, along with committee chairs and ranking members, and requests their assistance for “responsible fintech policy.” It strongly recommends them to “take a strong, skeptical strategy to industry…
Key Takeaways The new bill grants Commodity Futures Trading Commission(CFTC) watchdog status and authority over the spot markets in crypto commodities. Lummins-Gillibrand bill suggests an industry sandbox in which regulators can let crypto companies test new products on a limited…
Key Takeaways Federal regulators are reexamining the initial coin offering that served as the foundation for the 2017 release of the Binance cryptocurrency exchange. The agency is said to be investigating whether the token’s offering qualifies as a security sale,…
Key Takeaways Ethiopia’s Central Bank reiterated that cryptocurrency is not officially recognized in the country. NBE states crypto is being used for money laundering and illegal financial transactions. Ethiopia’s Central Bank, The National Bank of Ethiopia (NBE), has stated that…
Key Takeaways: Gemini has been accused of misleading its customers with heightened promises about providing better protection. IRA has mocked Gemini of failing to detect a massive hack on time. Security related to digital assets is a matter of major…
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