Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network after receiving positive testing results. According to
Author: Shree Edwards
Chairperson, Gary Gensler US SEC Warns Crypto Investors Again, But Separates Bitcoin
Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC), has recently made some comments on the legal status of Bitcoin that investors
BRICS Countries Launching New Currency Resulting in a Tsunami of Inflation
The currency wars are getting hot and it’s looking increasingly likely that the world is going to start moving away from the US dollar as
US FED Issued Joint Statement on Liquidity Risks to Banking Organizations Resulting From Crypto-Asset Market Vulnerabilities
The United States Federal Reserve and banking regulators warned banking organizations Thursday about liquidity risks associated with crypto-asset-related entities. The agencies said the stability of
The International Monetary Fund Issues Action Plan; No Legal Tender For Crypto
The International Monetary Fund (IMF) is recommending that countries not give cryptocurrencies like Bitcoin status as legal tender The global lender of last resort said
Paxos Consulting With SEC Regarding The Binance Stablecoin
The firm behind Binance’s stablecoin, Paxos Trust Company, is in discussions with the U.S. Securities and Exchange Commission after the regulator told the company it
Hong Kong Seeks The Public’s Advice On Crypto Regulations
Hong Kong’s Securities and Futures Commission (SFC) has launched a public consultation on regulating virtual asset trading platforms in Hong Kong. Hong Kong’s Securities and
Norway Seizes Record 5.8 Million of Crypto Stolen By North Korea
Norway has seized a record 5.8 million USD worth of cryptocurrency that was stolen by North Korean hackers last year. The Norwegian authorities released the
Revolut Prepared for Conflict with Treasury Department Regarding High-Risk Crypto Trades
Revolut is facing a crackdown on cryptocurrency investing as ministers prepare to take action over on an unregulated trading strategy offered by the banking app.
LONDON THE WORLD’S MOST CRYPTO-PREPARED CITY
Since crypto has gone global, there is a case to be made that London is the most crypto prepared city in the world. Recently released