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2 mins read

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   


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1 min read

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   


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3 mins read

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   


Camomile Shumba   


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6 mins read

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…

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2 mins read

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   


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2 mins read

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   


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3 mins read

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   


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3 mins read

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. …

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2 mins read

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   


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2 mins read

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   


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7 mins read

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…

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2 mins read

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   


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3 mins read

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…

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3 mins read

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…

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2 mins read

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…

PTI