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Villeroy de Galhau touched on not only the e-euro but also the banking crisis and its consequences for the eurozone. With the evolution ongoing in the fintech world, central banks including Banque de France are actively investigating the concept of Central Bank Digital Currencies (CBDCs) as viable replacements for traditional fiat
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Hong Kong Monetary Authority urges prominent banks to engage with crypto exchanges to stimulate the digital assets industry. The Hong Kong Monetary Authority (HKMA) is urging key banks, including HSBC and Standard Chartered, to onboard cryptocurrency
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Tesla is already constructing a mega factory in Shanghai to ramp up energy storage for its current and upcoming models including the Cybertruck. Tesla Inc (NASDAQ: TSLA) shares spiked on Tuesday to close the day trading at $201.16, up 4.14 percent from the day’s opening price. As a result, Tesla stock
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The digital asset platform Bitfinex announced a new partnership with a local exchange in Latin America, as a part of a larger effort to push for wider adoption in the region. On May 24, Bitfinex revealed a new investment in one of Chile’s leading cryptocurrency exchanges OrionX. According to the announcement,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The metaverse token market has witnessed a surge in value, with various metaverse tokens experiencing notable gains ranging from a solid 2% to an astounding 28%. As the excitement around these meme coins intensifies, a tweet from
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The G7 committee recently met in Niigata, Japan, to discuss, among other topics, the global financial implications for central bank digital currencies (CBDCs) and the laws governing the transfer of cryptocurrency assets.In a communique summarizing the discussions, the committee reiterated its support for developing CBDCs with the caveat that further
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The TABOO token was designed to serve as a major utility token to help every user of the platform to get the most utility from using the services. TABOO, an adult entertainment platform, has raised a sum of $10 million in funding as it seeks expansion of its service offering
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The extended crypto winter has pushed crypto event organizers to tone down on the lavishness, allowing attendees to focus on asking more “intelligent questions” about regulation and tax.Crypto conferences attract all sorts from the crypto space, from founders and high-level executives to crypto influencers and everyday users.Tiffany Fong, a crypto
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The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly five-fold in two weeks– thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project. Source
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The WallStreetBets token (WSB), which is linked to the WallStreetBets subreddit, dropped 90% in the last 24 hours following a big run higher that had seen its market cap jump to $50 million in under three days. The plunge came after one of the insiders connected to the project, @zjzWSB,
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