Cryptocurrency Analysis and News Portal
U.K. lawmakers have formed the Crypto and Digital Assets Group to ensure that new rules for the crypto industry support innovation. “We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated,” said the British
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The Bank for International Settlements, the umbrella group for central banks, named an expert in central bank digital currencies (CBDCs) as the head of its innovation center for the euro region.Raphael Auer is currently an economist in the Innovation and the Digital Economy unit of the BIS’ Monetary and Economic
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press release PRESS RELEASE. Innovation has always been an essential part of the LBank Exchange’s core value. Lots of projects with different innovative features have been listed on LBank Exchange since its launch back in 2015. This gave 6.4 million users across the globe the chance to participate in crypto
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This episode is sponsored by NYDIG.Download this episodeThis week’s Long Reads Sunday is a reading of Dan Jeffries’ “The Future of Money: A History.”“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor
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Speaking publicly for the last time as a member of the Board of Governors of the Federal Reserve System, Randal Quarles urged regulators to exercise restraint on stablecoins.In a prepared statement for his speech at the American Enterprise Institute on Dec. 2, Quarles expressed concern that regulations could hamper innovation
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The Federal Reserve Bank of New York has announced it will be partnering with the Bank for International Settlements Innovation Hub as part of the launch of its New York Innovation Center, an initiative aimed at exploring technology used to develop the global financial system. In a Monday speech for the
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The cryptocurrency space moves rapidly, so much so that every year, there’s a new trend: from initial coin offerings (ICOs) to nonfungible tokens (NFTs) only a few years have passed. In the face of such astounding innovation, crypto companies and regulators face a growing challenge: balancing security practices with new
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The cryptocurrency industry thrives on constant, ever-evolving innovation. But when it comes to stablecoin development, “that is not what you want,” according to Acting Comptroller of the Currency Michael Hsu.In an interview with CryptoX TV Monday, Hsu, who is the administrator of the U.S. federal banking system and CEO of
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Avalanche Foundation, the organization behind the Avalanche chain, has announced the launch of Blizzard, a fund that will entice development and innovation on the Avalanche ecosystem. The Fund, which has $200 million available for its task, is composed of contributions coming from Avalanche Foundation, Ava Labs, Polychain Capital, Three Arrows
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U.S. Senator Bill Hagerty (R-VA), who was elected in 2020 to represent Tennessee after a stint as Ambassador to Japan, spoke to newly appointed Consumer Financial Protection Bureau Director Rohit Chopra regarding cryptocurrencies in a banking committee hearing, saying “I just want to make certain as you exercise those oversight
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