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US Bank Watchdog Says He’s Not Budging on Crypto Distrust

7.9.2022
U.S. regulators have largely fenced off the banking system from heavy involvement in the crypto industry, and that’s a status that the acting head of the Office of the Comptroller of the Currency intends to maintain

Digital Euro to Focus on Personal Use, Not Web3, EU Officials Say

7.9.2022
The central bank digital currency could fail if it doesn't offer something more than cash and credit cards do, industry representatives remarked

Stablecoin USDN Trades Below $1 Parity for 14 Days in a Row, Token Taps $0.91 Low This Week

6.9.2022
Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been able to rise above the $0.97 per unit range. The dollar-pegged asset is associated with the Waves blockchain protocol, and recently the Neutrino Protocol decided...

Nigerian Presidential Candidate Says Fixed Exchange Rate Regime ‘Has to End’ — Touts Success of Fintech Unicorn Flutterwave

6.9.2022
A Nigerian presidential election candidate, Peter Obi, has said the local currency’s exchange rate against the dollar must not be fixed but must be determined “by the forces of demand and supply.” Pointing to the success of the Nigerian fintech Flutterwave, the candidate said...

Binance to Drop USDC Trading Pairs, Plans to Auto-Convert Specific Stablecoin Balances to BUSD

6.9.2022
The world’s largest cryptocurrency trading platform by trade volume, Binance, issued a notice on Monday explaining that the exchange will be removing the stablecoin USDC from the platform’s spot trading pairs list. Binance further details that users holding three types of stablecoins...

Russia Shuts off Europe’s Main Gas Pipeline Until the West’s Sanctions Are Lifted, Iran Tempts EU With Similar Deal

5.9.2022
Russia has seemingly drawn a line in the sand and will not turn on Europe’s main gas pipeline until the “collective West” lifts the financial sanctions against the country. The move follows the Nord Stream 1 pipeline allegedly shutting down for “maintenance,”...

Law Decoded, Aug. 29–Sep. 5: Celsius is ready to give money back, but not much

5.9.2022
Crypto lending platform is ready to return $50 million out of $210

Billionaire David Rubenstein Bullish on Crypto, Optimistic About Regulation

5.9.2022
Billionaire David Rubenstein, Carlyle Group’s founder, believes that U.S. lawmakers will not push to regulate the crypto industry unduly. Noting that he is bullish on crypto, the billionaire investor said: “the greatest fortunes are made when people go against conventional...

US Lawmaker Says ‘Too Much Money and Power’ Behind Crypto to Ban It

5.9.2022
U.S. Representative Brad Sherman says Congress has not banned crypto because “there’s too much money and power behind it.” He elaborated: “Money for lobbying and money for campaign contributions works, or people wouldn’t do it, and that’s why...

Ethereum Co-Founder Vitalik Buterin Discusses Bitcoin’s Long-Term Security

4.9.2022
On September 1, Vitalik Buterin conducted an interview with the economics author Noah Smith and the co-founder of Ethereum spoke an awful lot about Bitcoin and the network’s long-term security. Buterin also discussed the crypto economy’s crash and he insisted he was “surprised...

Ghanaian Central Bank Allays Fears That a CBDC Will Disrupt Mobile Money Operations

4.9.2022
The Bank of Ghana has said the expected implementation of the central bank digital currency will not disrupt or negatively impact the operations of mobile money operators. Rather, the central bank expects the digital currency to improve the efficiency of Ghana’s settlement systems as well...

Surge or purge? Why the Merge may not save Ethereum price from 'Septembear'

3.9.2022
Options data, macroeconomic catalysts and technical signals suggest a decline in Ethereum price is on the table despite the Merge

Bankrupt Crypto Lender Celsius Seeks to Reopen Withdrawals for Specific Customers

2.9.2022
Celsius Network Ltd., the crypto lender that filed for Chapter 11 bankruptcy protection on July 13, is looking to release roughly $50 million worth of crypto assets to Celsius custody account holders. Reportedly, the Celsius custody accounts did not participate in the earn and borrow program....

Hot August for Ethereum Name Service, FIFA & Algorand, Binance 'Not Chinese Company' + More News

2.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: Hot August for Ethereum Name Service, FIFA & Algorand, Binance 'Not Chinese Company' + More News

MiCA coming in hot in October, NFTs not in focus: EU regulators

2.9.2022
In an online panel from the German Bundesblock, local regulators discussed details of upcoming MiCA regulation, along with a brief update on NFTs and stablecoins

62% of wallets did not sell Bitcoin for a year amid the bear market: Data

2.9.2022
Majority of traders have held Bitcoin for one year and above, 32% held for BTC one month up to a year and 6% have held for less than a month, data reveals

Crypto.com Accidentally Sent $7 Million to Customer — Sues 7 Months Later to Get It Back

2.9.2022
Cryptocurrency exchange Crypto.com accidentally transferred about $7.26 million to a customer’s account but did not notice the error for seven months. The crypto company has now sued the customer to recover the funds. Crypto.com Sues Customer 7 Months After Mistakenly Transferring over...