US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion

At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt

Africa Has Some of the ‘Highest Grassroots Adoptions in the World’ — Chainalysis Crypto Preview

While Africa is seen as one of the smallest cryptocurrency markets, according to a preview of ChainalysisGeography of Cryptocurrency annual report, this region hassome of the highest grassroots adoptions in the world.African Volumes Mainly Composed of Retail Transfers

Türgi keskpank laiendab uurimistööd, Valmistub testima digitaalset liiri uuel platvormil

The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will allow Turkey to focus on expanding research and conducting tests of

Hiina Hebei provints alustab krüptokaevandamise ja -kaubanduse mahasurumist, Aruanded paljastavad

Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the regions cyberspace administration, a number of government agencies are working together to prevent the use of the

Bridgewater’s Ray Dalio Warns Regulators Will Kill Bitcoin If the Crypto Becomes ‘Really Successful’

Ray Dalio, the founder of the worlds largest hedge fund, Bridgewater Associates, believes that if bitcoin isreally successful,” the regulators willkill it,” reiterating his previous concerns of governments banning cryptocurrencies. sellest hoolimata, he sees bitcoin as a good alternative to

Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document

The launch of a digital ruble will be among Russias key priorities of digitalization this decade, riik’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent

FSC regulatiivne kapitaalremont peatatakse 40 Krüptobörsid Lõuna-Koreas

A new regulatory overhaul could put 40 otsas 60 exchanges out of business in South Korea after the firms are expected to fail to meet the conditions that are being proposed by the Financial Services Commission (FSC). This action might

BIS Asks Central Banks to Urgently Develop CBDCs to Compete With Crypto Assets

The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies (CBDC-d) to compete with initiatives in the private sector, including cryptocurrencies. “CBDCs will take years to

US SEC Issues Warning on Crypto Investment Scams Citing ‘Some Investors May Have FOMO’

USA. Väärtpaberi- ja börsikomisjon (SEC) has issued a warning about fraudulent investment schemes involving cryptocurrencies. The regulator notes that some investors may have fear of missing out (FOMO) given the rise in prices of some crypto assets in recent