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Bitcoin is getting closer to posing a risk to financial stability, the Bank of England's deputy governor warns
Because cryptos are growing very fast, they are becoming more integrated with the financial system,…
Camomile Shumba
Biden is preparing to sign an executive order to expand US oversight of the $2 trillion cryptocurrency market
The president's pending directive on cryptocurrencies has been in the works long before Russia's in…
Carla Mozée
A fully digital US dollar would be a better online currency than crypto, new Fed report suggests
A Fed-backed digital dollar would allow for fast and secure transfers without a third party or the …
Ben Winck
Central banks must 'roll up their sleeves' and urgently speed up their work on their own digital currencies before crypto upends the current financial system, the BIS says
The Bank for International Settlements is urging central banks to crank up their efforts in develop…
Camomile Shumba
The number of countries exploring CBDCs more than doubled during the pandemic year
These 81 counties represent over 90% of the world’s gross domestic product (GDP). The pandemic…
The Fed warned about crypto for the first time in its review of financial risks
"The surge in the prices of a variety of crypto assets also reflects in part increased risk appetit…
Isabelle Lee
HSBC CEO reportedly says the bank will not expand its businesses into bitcoin, citing volatility in the cryptocurrency
"Given the volatility, we are not into bitcoin as an asset class," CEO Noel Quinn told Reuters. He …
Isabelle Lee
The Fed is advancing its efforts to develop a digital currency - and says it will publish a research report this summer
Fed Chair Jerome Powell highlighted how technological advancements have enabled the bank to develop…
Isabelle Lee
What you need to know about Facebook’s Diem cryptocurrency
On May 12, the Diem Association announced plans to launch a stablecoin backed by the US dollar. …
Mark Cuban explains why crypto is the future, especially as the world recovers from a generational pandemic
Cuban outlined the two reasons why he thinks the country should shift to digital currencies: more a…
Isabelle Lee
Cryptocurrencies will survive the rise of central bank-backed digital coins, but their use will likely decline, Deutsche Bank says
Cryptocurrencies will survive the rollout of central bank digital currencies and grow stronger, but…
Sophie Kiderlin
Algorand — here’s why crypto lovers are so bullish on this ‘Ethereum Killer’
It is also one of the few projects that has its own investment arm, called Borderless Capital. T…
More than half of experts in a recent crypto survey said bitcoin will replace fiat currency by 2050
So-called hyperbitcoinization could take place as early as 2035, according to Finder.com, which sur…
Carla Mozée
Dubai’s first cryptocurrency, DubaiCoin, has risen over 1000% since its debut in one day
However, the city of Dubai issued a statement late last night, debunking this. “Dubai Coin crypt…
Bitcoin price witnesses largest single day jump in six weeks riding on speculation that Amazon is jumping on the crypto bandwagon
Furthermore, the weekend gain put Bitcoin above its 50-day moving average for the first time s…
RBI Governor asks fintech players to form self regulatory organisation
Fintech players should form a self regulatory organisation for an orderly growth of the industry th…