The United States turns its attention to stablecoin regulation
The Stablecoin TRUST Act aims to bring stablecoins into the traditional U.S. financial system, which might give them the ability to tap larger amounts of liquidity in transacting.
Stablecoins highlight ‘structural fragilities’ of crypto — Federal Reserve
The board of governors of the Federal Reserve System said “the collapse in the value of certain stablecoins” in addition to “recent strains” in the digital asset market suggested “structural fragilities.”
Single inactive volcano has 90% chance of powering El Salvador’s Bitcoin City, according to...
Bukele says there's a 90% probability of using geothermal energy from the Conchagua volcano to supply 42 megawatts to Bitcoin City.
eNaira slowly gains traction post-launch amidst glitches
Nigeria is the second country to launch a central bank digital currency after The Bahamas.
Crypto can erode tax base, Russia’s tax boss says
The Russian Federal Taxation Service has tools to monitor the cryptocurrency market to prevent tax evasion, the head of the agency head said.
How crypto execs react to economic sanctions against Russia?
Most companies in the United States and other Western nations are no longer allowed to conduct business or exchange money with Russian Banks.
US lawmakers discuss crypto’s role in sanctions, national security and humanitarian aid
Ukraine, Russia, ransomware attacks, regulatory clarity, and humanitarian aid were all topics under discussion on Thursday at a hearing of the Senate Banking Committee.
Thai SEC alleges Bitkub CTO committed insider trading
Thailand's SEC said it had fined Bitkub CTO Samret Wajanasathian roughly $234,000 related to allegations of insider trading.
Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest...
"Adopting changes would not alter the basic fact that some centralization is unavoidable," claims the BIS report
Coinbase is facing class action suits over unstable stablecoins GYEN, TerraUSD
Suits filed against cryptocurrency exchange Coinbase allege that it shares responsibility in huge losses suffered by users during the depeggings of the GYEN and TerraUSD stablecoins.