Crypto News

U.S. Treasury Secretary nominee Janet Yellen has said the illicit use of cryptocurrencies like Bitcoin in money laundering and other financial crimes was a "particular concern," sparking suggestions tighter regulation could be in the pipeline. The former chair of...

CBDC research has been announced as a top priority for the Bank for International Settlements’ Innovation Hub, or BISIH, in 2021. According to its annual work program, BISIH plans to “explore the feasibility of faster and cheaper cross-border payments” using central...

The largest Russian state-owned lender, Sberbank, has applied to the country's central bank seeking approval for launching a blockchain-based platform that will allow the bank to launch its own digital currency. As reported by local news outlet Interfax, the application...

Brazil's largest Bitcoin exchange, Mercado Bitcoin, has announced plans to expand across all the South America. Chief executive Reinaldo Rabelo named Chile, Mexico, and Argentina as among the jurisdictions it will expand into first, comparing the "regulatory culture" in...

According to the South China Morning Post report, Bitcoin extended its plunge from record highs and sparking a hunt for reasons the notoriously volatile asset was selling off. One that captured attention questioned the very viability of the token...

The former U.S. Treasury Secretary and economist Larry Summers says bitcoin is here to stay despite the concerns by some that it may be a bubble. The former Secretary asserts that bitcoin's price fluctuations are, in fact, a sign...

According to a recent report by Russian news agency Kommersant, the Arkhangelsk Regional Court has annulled a previous decision to blacklist the Binance website in Russia. Gleb Kostarev, Binance’s head of operations for Russia and the CIS, confirmed the news, stating...

One of the first actions US President Joe Biden has taken on his first day in the office is to freeze the Federal regulatory process, including the controversial self-hosted crypto wallet regulations proposed by former Treasury Secretary Steven Mnuchin....

According to the Wall Street Journal report, U.S. President Joe Biden is likely to pick a former member of Ripple's board of advisors directors to become the next Comptroller of the Currency. The report cites insiders "familiar with the...

South Korean arm of crypto exchange Huobi has secured the backing of regulators in South Korea, following the decision to award Huobi Korea an ISMS certification. Huobi Korea is considered the second-largest digital currency exchange by transaction volumes globally....