Basel Committee Sets Crypto Exposure Rules for Banking Firms
Basel Committee, the international banking committee, has recently announced the completion of crypto investment policies for banking firms. The committee started its journey last year...
54% of Japanese Investors Want to Invest in Crypto Products
Around 54% of Institutional investors hailing from Japan are positive about investing in digital assets. A recent report shared the statistics from Laser Digital, the...
Tether Introduces Gold-Backed US Dollar Stablecoin Called Alloy
Tether is launching a new stablecoin that will serve as a real-world asset token. The gold-backed stablecoin in question is pegged to USD. It is...
Stablecoin USDT Issuer Tether Acquires 25% Stake in Bitcoin Miner Bitdeer
The firm behind the largest global stablecoin USDT issuer, Tether, confirmed owning a 25% stake in the Bitcoin miner Bitdeer as per Thursday, June 6...
Venezuela Shuts Down Crypto Mining Services to Stabilize National Power Grid
The regulatory agencies in Venezuela have joined the international coalition of countries against crypto mining operations. The nations in the coalition have registered their reservations...
Circle Transfers Headquarters to US from Ireland Before Upcoming IPO
Stablecoin issuer firm Circle has decided to venture out of Ireland as part of a strategic move. The firm has decided to transfer its headquarters...
Cardano Founder Alleges Joe Biden’s Pro-SEC Attempts to ‘Kill Crypto’
Cardano creator Charles Hoskinson leads the crypto community faction, alleging that the pro-SEC White House veto is behind the decisive battle line and forcing crypto...
A Comprehensive Guide to Understand Fully Backed Reserves and Their Importance
A majority of crypto investors are calling for crypto firms to present evidence for their fully backed reserves and those behind products like stablecoins to...
Leading Democrat Lawmaker Maxine Waters Admits Readiness for Stablecoin Bill
A leading democrat disclosed that the US is set to have a stablecoin law later this year as the lawmakers edge closer to tabling the...
RippleX Vice President Predicts Tokenized Asset Market to Surpass $16T on Public Blockchains
RippleX VP Markus Infanger expressed optimism that the tokenized asset market will balloon and hit $16 trillion in value. The senior executive at RippleX notes...