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United States Treasury Secretary Janet Yellen listed stablecoins as one of the major policy concerns in the digital asset space for regulators, currently subject to “inconsistent and fragmented oversight.”Speaking to attendees at American University in Washington, D.C. on Thursday, Yellen said the Treasury Department was working with Congress to advance
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The country's central bank says it wants to understand the technical options before it takes the plunge to issue any new CBDC. Original Source
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Cryptocurrency hardware wallet provider Trezor has begun investigating a possible data breach that may have compromised users’ email addresses and other personal information. Earlier today, on Apr. 3, several users from the Crypto Twitter community warned about an ongoing email phishing campaign specifically targeting Trezor users via their registered email addresses.Hey
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Panelists at the recent MENA Climate Week 2022 examined how blockchain technology can contribute to green initiatives.Hosted by Dubai’s Ministry of Climate Change and Environment, Dubai Electricity and Water Authority, and the World Green Economy Organization along with various institutions under the United Nations Environment Programme and in partnership with
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Silvergate Capital (SI) offers investors an alternative way to gain exposure to the growth of the cryptocurrency ecosystem without the need to actually own a digital asset, Bank of America said in a report initiating coverage of the stock with a buy rating and a $200 price target, implying a
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Despite the fall of nonfungible token (NFT) prices, play-to-earn NFT gaming carries on as more people see it as a potential way to make a living. In a survey conducted in the Philippines, 32 percent of the respondents said they would quit or consider quitting if NFT games allowed them to
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Bitcoin (BTC) saw instant volatility on March 11 amid the hope that the Russia–Ukraine conflict could find a diplomatic solution.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHope rises — but so do Bitfinex shortsData from Cointelegraph Markets Pro and TradingView shows BTC/USD briefly surging $1,400 before reversing to consolidate below $40,000 on
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The Financial Crimes Enforcement Network (FinCEN) has issued an advisory on Russian efforts to evade sanctions that includes a number of crypto-related red flags. However, the bureau admitted that it has not seen “widespread evasion” of its sanctions using cryptocurrency. FinCEN Warns About Sanctions Evasion The Financial Crimes Enforcement Network (FinCEN), a
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Bitcoin and crypto are growing as financial strongholds in the wake of recent events. Ukraine has received over $50 million in crypto donations, and citizens of both Ukraine and Russia are flocking to crypto platforms. Crypto is emerging as a reliable asset against governmental forces. Bitcoin and cryptocurrencies have quickly emerged as a
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India, the world’s largest democracy, may make its tax policy clearer by tweaking the definition of crypto or virtual digital assets. According to a report by CNBC TV-18, the Indian government is likely to tweak the definition to clarify that only cryptocurrencies, crypto tokens, NFTs and vouchers fall under the
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