Swiss Embrace Digital Payments: A Doorway to Stablecoins Switzerland, known for its precision watches, impeccable chocolates, and picturesque landscapes, is now making a name for itself in the digital payment realm. Recent data has revealed that digital payments in the country have surged to represent 35% of all in-store purchases, surpassing cash transactions for the […]
North Korean hacker group cashes in on crypto trade
How North Korean Hacker Group Cashed in on Crypto Trade In the world of cryptocurrency, where fortunes can be made and lost in the blink of an eye, one group has managed to exploit the volatile market to their advantage. The Lazarus Group, a notorious hacking collective with alleged ties to North Korea, has recently […]
UK trade bodies urge government action on crypto and blockchain policies
UK Trade Bodies Push for Blockchain Envoy to Drive Crypto Innovation and Compete Globally As the world of cryptocurrency and blockchain technology continues to expand, industry leaders in the United Kingdom are advocating for decisive government action to ensure the country remains at the forefront of digital asset innovation. One of the key proposals put […]
CFTC removes crypto derivatives advisories to align with traditional finance
CFTC Removes Crypto Derivatives Advisories to Align with Traditional Finance In a significant move that signals a shift towards mainstream acceptance of cryptocurrencies, the Commodity Futures Trading Commission (CFTC) has decided to remove crypto derivatives advisories. This decision is aimed at aligning the regulatory framework for digital assets more closely with traditional financial markets, thereby […]
FDIC permits banks to engage in crypto without prior approval
FDIC Permits Banks to Engage in Crypto Without Prior Approval In a monumental shift for the banking industry, the Federal Deposit Insurance Corporation (FDIC) has recently announced that banks are now permitted to engage in cryptocurrency activities without prior approval. This decision marks a significant departure from the FDIC’s previous stance, as documents released following […]
BlackRock Bitcoin ETP could drive institutional adoption in Europe
BlackRock Bitcoin ETP: Paving the Way for Institutional Adoption in Europe When it comes to the world of cryptocurrency, institutional adoption has always been a pivotal point of discussion. While the United States has seen significant progress in this regard, Europe has been moving at a slightly slower pace. However, the recent development of BlackRock’s […]
Panama’s draft bill sets the stage for crypto payments
Panama’s Draft Bill Paves the Way for Crypto Payments Panama is making waves in the world of cryptocurrency with its latest draft bill that aims to recognize digital assets such as Bitcoin, Ethereum, and stablecoins as legal payment methods. This progressive move sets the stage for a new era of financial transactions in the country, […]
EU watchdog pushes for strict capital rules on insurers’ crypto holdings
EU Watchdog Proposes Tighter Capital Rules for Insurers’ Crypto Holdings The European Insurance and Occupational Pensions Authority (EIOPA) has recently put forward a bold proposal that could significantly impact insurers’ approach to cryptocurrencies. The proposal suggests imposing stricter capital requirements on insurers for their crypto holdings compared to traditional assets like stocks and real estate. […]
Kazakhstan proposes the creation of a crypto bank
Kazakhstan’s Bold Move: Proposing the Creation of a Crypto Bank In a world where cryptocurrencies are gaining more traction by the day, countries are finding themselves at a crossroads. On one hand, there is the allure of digital currencies, promising faster transactions, lower fees, and increased financial inclusion. On the other hand, there are concerns […]