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US House Votes to Block Federal Reserve’s Digital Dollar Plans


The US House on Thursday approved a bill that prohibits the Federal Reserve from issuing a digital dollar, or central bank digital currency (CBDC), without explicit authorization from Congress. The post US House Votes to Block Federal Reserve’s Digital Dollar Plans appeared first on Cryptonews

Crypto Market Maker GSR Wins Singapore’s Stringent License


Singapore regulators have granted a Major Payment Institution (MPI) license to crypto market maker GSR Markets, establishing the company as among the initial recipients of such authorization within its sector. The post Crypto Market Maker GSR Wins Singapore’s Stringent License appeared first...

Hong Kong Financial Watchdog Cautions Against Floki, TokenFi Staking Schemes


On Friday, Hong Kong’s securities regulator cautioned investors against “suspicious” staking schemes tied to Floki and TokenFi. Both tokens within the Floki ecosystem offer crypto staking. They claim yearly returns of between 30% and 100%, the Securities and Futures Commission...

Bankruptcy Judge Greenlights Celsius Shift to Bitcoin Mining


The now-defunct crypto lender Celsius has received authorization to pivot to bitcoin mining, following approval from U.S. District Judge Martin Glenn of Manhattan for the firm’s revised strategy. This move comes after the company’s initial proposal encountered obstacles from the U.S....

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